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Keyword: jobs

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  • Job insecurity is the new normal. Here's how it's affecting your family life

    08/03/2015 12:49:19 PM PDT · by SeekAndFind · 19 replies
    Deseret News ^ | 08/03/2015 | By Lane Anderson
    After World War II, there was a golden era when Americans, especially those that had an education, could expect to have a job and keep it until retirement and retire with an adequate pension. Those days, which Allison Pugh, professor of Sociology at University of Virginia, refers to as the "20-year career and a gold watch" model, are over. Between a competitive global market, recession and job automation, and a switch to part-time and contingent workers, Americans now live in a culture of perpetual job insecurity, where they are easily laid off, at both high and low-level jobs, and can...
  • H-1B Visas: Great for American Companies, Terrible for American Workers

    08/03/2015 5:28:55 AM PDT · by SeekAndFind · 52 replies
    National Review ^ | 08/03/2015 | Ian Tuttle
    In 2013, when it was revealed that a developer was planning to purchase one of the four properties next to Mark Zuckerberg’s Palo Alto, Calif., home, and pitch potential buyers on the idea of living next-door to the founder of Facebook, the 29-year-old multi-billionaire purchased all four residential properties and leased them back to their current occupants, whose neighborly discretion he valued. Businessmen do business to make money. But occasionally, as Mr. Zuckerberg found out firsthand, business ventures have human costs. In a 2013 letter to President Obama and congressional leaders, more than 100 tech executives, Zuckerberg among them,...
  • Memo To Hillary Clinton: You Can't Hire People If You Can't Fire Them

    08/03/2015 5:22:00 AM PDT · by SeekAndFind · 12 replies
    Forbes ^ | 08/03/2015 | John Tamny
    Hillary Clinton’s recent speech in which she decried “quarterly capitalism” has predictably generated a great deal of commentary. With good reason. Not only is “quarterly capitalism” a whopper of a myth, Clinton’s solution to what is not a problem would bring great harm to the economy. Missed by Clinton is the basic economic truism learned the hard way by European countries that you can’t hire people easily if you can’t easily fire them. As readers will soon see, the hiring analogy is apt. But first, it’s important to address her argument that excessive investor focus on quarterly earnings has somehow...
  • Exclusive: Donald Trump's companies have sought visas to import at least 1,100 workers

    08/03/2015 3:12:55 AM PDT · by Dallas59 · 46 replies
    Reuters ^ | 8/2/2015 | Reuters
    Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners.
  • From Free Fall to Free Markets: How Wisconsin Turned Itself Around

    08/03/2015 2:12:39 AM PDT · by Cincinatus' Wife · 7 replies
    The American Spectator ^ | August 3, 2016 | Luke Hilgemann
    "....Governor Scott Walker and the state legislature embarked on an ambitious and bold agenda to bring free market reforms to every corner of the state. ... Plain and simple, Wisconsin is finally on the right track. New state borrowing has been reduced to the lowest levels in 20 years. Property taxes have been reduced to the lowest levels since 1946, and taxes have been cut by more than $2 billion. Most importantly, these reforms aren’t just making a difference for lawmakers required to balance the budget. They’re also making a difference in the lives of everyday Wisconsinites and the hard-working...
  • Fluent English to be essential for UK public sector jobs

    08/02/2015 4:24:19 PM PDT · by Jyotishi · 6 replies
    Press Trust of India, niticentral.com ^ | Monday, August 3, 2015 | Aditi Khanna
    London, Aug 2 (PTI): People in Britain who do not speak fluent English will be barred from public sector jobs which involve working directly with the public, the government announced today as part of its new tough immigration laws. From September, National Health Service (NHS) staff and council workers will be among those required to have language skills equivalent to GCSE grade C or above, the announcement said. It will also include police officers, social workers, teaching staff and assistants. Managers will have to test if employees can "communicate effectively with the public". Minister for the Cabinet Office Matt Hancock...
  • Charles Koch Urges Conservatives to Skip ‘Corporate Welfare

    08/01/2015 11:19:38 PM PDT · by Cincinatus' Wife · 31 replies
    Time ^ | August 1, 2015 | Philip Elliot
    Conservative billionaire Charles Koch told his ultra-rich friends that they face a “life and death” decision whether to keep lobbying for tax breaks and government subsidies. “Business leaders (must) recognize that their behavior is suicide, that it is suicide long term. To survive, long-term, they have to start opposing, rather than promoting, corporate welfare,” Koch told about 450 allies at an Orange County, Calif., summit that began Saturday. ....“Obviously, this prescription will not be an easy pill for many business people to swallow. Because short term, taking the principled path is going to cost some companies some profits, as it...
  • Donald Trump Cashin' In Full Interview. Trump Not Beholden To Anyone

    08/01/2015 10:14:42 AM PDT · by conservative98 · 63 replies
    Cashin' In ^ | August 1, 2015
    Donald Trump on Cashin' In with Eric Bolling ox Fox.
  • US weekly jobless claims total 267,000 vs 270,000 estimate

    07/30/2015 7:55:09 AM PDT · by SeekAndFind · 4 replies
    CNBC via Reuters ^ | 07/30/2015
    The number of Americans filing new applications for unemployment benefits increased last week, but remained near cycle lows in a sign that the jobs market was gaining steam. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 267,000 for the week ended July 25, the Labor Department said Thursday. Claims for the prior week were unrevised at 255,000, which was the lowest level since November 1973. A Labor Department analyst said there were no special factors influencing the data and that only claims for Puerto Rico had been estimated. The four-week moving average of claims, considered a...
  • 22 college majors with the highest starting salaries

    07/29/2015 8:33:17 AM PDT · by SeekAndFind · 49 replies
    Business Insider ^ | 07/29/2015 | Jacqueline Smith
    Salary potential shouldn't be the sole thing that attracts you to a major in college — things like passion, interest, and aptitude should also be considered. But it's still nice to know which degrees pay off the fastest. (And we can't blame you for being drawn to those.) PayScale, the creator of the world's largest compensation database, recently looked at the starting pay for millions of professionals and sorted the results by college major. Here are the 22 majors with the highest starting salaries: 22. Business and Information Technology Median starting pay: $56,900 Median mid-career pay: $99,100 % change from...
  • Alan Greenspan: This is 'extremely dangerous' (Captain Obvious alert)

    07/30/2015 12:40:15 AM PDT · by SaveFerris · 21 replies
    While markets hone in on the Federal Reserve's monetary policy hints, former Fed Chairman Alan Greenspan sees a bigger economic irritant—government spending. On Wednesday, Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy. "To me the discussion today shouldn't even be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements," he said in a CNBC "Closing Bell" interview, calling the trend "extremely dangerous." Social expenditures in the U.S. were 19.2 percent of gross domestic product last year, up from 15.5 percent in 2005, according to data from...
  • Halliburton, Baker cut workforces deeper, bringing layoffs to 27,000

    07/28/2015 5:32:46 AM PDT · by thackney · 8 replies
    Fuel Fix ^ | July 27, 2015 | Collin Eaton
    Halliburton has cut nearly 14,000 jobs and Baker Hughes has laid off 13,000 employees since they began trimming their headcounts last year to cope with the oil-market crash, officials said Monday. Those figures, shown in quarterly securities filings Friday and confirmed by company spokeswomen on Monday, are several thousand more jobs than the last time the oil field service companies gave an estimate of their planned layoffs in April. Halliburton’s latest layoff estimate exceeds its April figure by 5,000 jobs, bringing its cuts up to16 percent of its workforce. And Baker Hughes’ estimate is up by 2,500 jobs, up to...
  • Need HR lawyer recommendation

    07/27/2015 11:03:50 AM PDT · by tbw2 · 71 replies
    n/a | 07/27/2015 | me
    I need the recommendation of an HR attorney / law firm in North Texas regarding an HR issue. At work, you can get 20 notices of "yeah, same sex marriage!" postings on the internal intranet. I posted one link to an article discussing why Obgerfell was such a radical decision, didn't even post the text. Was reprimanded that this was: A. a violation of diversity policy B. offensive to lbgta C. politicking at work Had a separate issue where a woman asked for advice regarding her husband wanting to cheat on her with a man, but keep the family together....
  • Shocker: Minimum Wage Hikes Gutted Over 700,000 Jobs In 2013

    07/27/2015 6:55:17 AM PDT · by Cheerio · 30 replies
    Town Hall ^ | Jul 26, 2015 | Matt Vespa
    Are liberals better at economics or are they just more adept at selling ideas that drive purely on emotion? Increasing the minimum wage is a perfect example. Raising it increases the living standards for those who struggle earning such a wage, and those who are against it–Republicans–are just anti-poor cretins who have no heart. The political campaign almost sells itself. Yet, we’re against it not because we hate poor people–that’s unadulterated nonsense. We’re against it because hurts workers, which is something that we’ve been saying ad nauseum, but alas, liberal intransigence and stubbornness on this issue has resulted in over...
  • Iowa conservatives see plenty to like in Scott Walker

    07/24/2015 7:07:58 AM PDT · by Cincinatus' Wife · 21 replies
    apg-wi ^ | July 24, 2015 | Shawn Johnson | Wisconsin Public Radio
    Iowa Republicans are getting to know Gov. Scott Walker, and based on early polls, it appears that they like him. Many voters there appear enthralled with the story of Walker, the conservative folk hero, and seem prepared to overlook potential shortcomings. While it's unclear precisely what caused Walker to surge in the Iowa polls earlier this year and then stay there, the people who turned out to his rallies last weekend suggested that the image the governor's going for in this race is sinking in. At a Harley Davidson dealership in Carroll, Iowa, James Hedeen said he started paying attention...
  • We just got a deafening sign that the next US jobs report will be a monster

    07/23/2015 8:13:21 AM PDT · by SeekAndFind · 36 replies
    Business Insider ^ | 07/23/2015 | AKIN OYEDELE
    The July jobs report could be a monster. On Thursday, the Department of Labor reported that initial claims for unemployment insurance plunged by 26,000 to 255,000, the lowest level since November 24, 1973. That's nearly 42 years ago, or when Richard Nixon was US president, or before Greek prime minister Alexis Tsipras was born. The important thing, however, is that this data came during the week that the Bureau of Labor Statistics conducts the survey for the monthly jobs report, which we'll get in just over two weeks on Friday, August 7. In July, the economy added 223,000 jobs and...
  • Weatherford to boost job cuts to 11,000

    07/23/2015 5:34:02 AM PDT · by thackney · 10 replies
    Fuel Fix ^ | July 22, 2015 | Collin Eaton
    Weatherford International says it plans to bump its job cuts from 10,000 to 11,000, about 20 percent of its workforce, with the increase coming mostly from its U.S. support staff. The oil field services firm, based in Switzerland with main offices in Houston, said the layoffs come as the North American market continues to weaken. It had completed all but 3 percent of its previously announced cut of 10,000 jobs, it said in its second-quarter earnings release late Wednesday. “The aggregate results of these measures will help mitigate the effects of the downturn, while at the same time, take advantage...
  • These are some of the best cities to get a job right now — and they might not be the ones you think

    07/21/2015 9:04:07 AM PDT · by SeekAndFind · 6 replies
    Business Insider ^ | 07/21/2015 | Rachel Sugar
    It's been six years since the Great Recession technically ended. Since then, job numbers have come back up, and unemployment has gone back down. In April 2014, the Bureau of Labor Statistics announced that the number of US private sector jobs had finally returned to their pre-crash peak. But not all cities have recovered equally. "We know every city was hit hard," says Glassdoor's chief economist, Andrew Chamberlain, who's been looking at which areas are still struggling six years later, and which places are now booming. The short answer: Go West, young man. Of the top 10 cities on Glassdoor's...
  • Robots will take many of our jobs – and that's good

    07/20/2015 4:57:12 AM PDT · by SeekAndFind · 59 replies
    OC Register ^ | 07/20/2015 | By PER L. BYLUND
    New technologies fascinate us – from the precision of robotic surgery to the potential of Amazon dropping packages on our doorsteps via drone. But at the same time, there is anxiety over robots and artificial intelligence making human labor unnecessary and, ultimately, replacing us. Fear of the changes innovation brings is nothing new, and the reality is that robots will eventually replace us in many or most of today’s jobs and that’s, in fact, a glorious thing. Yes, jobs will be destroyed by innovation, as they’ve always been, but it doesn’t mean we’ll run out of jobs. New ones will...
  • The man the 'netroots' love to hate: Scott Walker

    07/17/2015 12:17:41 PM PDT · by Cincinatus' Wife · 17 replies
    Politico ^ | July 16, 2015 | Daniel Strauss
    PHOENIX, Ariz. — There’s no love lost for any of the 2016 Republican presidential contenders at the 2015 Netroots Nation confab, but attendees reserve a special kind of loathing for one candidate in particular: Wisconsin Gov. Scott Walker. It’s an understandable sentiment given the setting. This year’s edition of the annual convention of liberal activists is heavily focused on bread-and-butter economic issues, with a strong union presence. The AFL-CIO, the American Federation of Teachers, and the National Education Association have booths set up near the center of the convention hall, and many of the other booths are focused on one...
  • What would Reagan do? [Critique on Scott Walker]

    07/17/2015 5:06:42 AM PDT · by Cincinatus' Wife · 20 replies
    The Economist ^ | July 17, 2015
    EVERY four years, when presidential primary season rolls around, Republican voters long to find a new Ronald Reagan. This year a striking number of conservatives wonder if Governor Scott Walker of Wisconsin might fit that bill—in such numbers that Mr Walker shot into the top ranks of a crowded Republican field, as soon as he made his White House run official on July 13th. Activists are not on a literal-minded quest: their new Reagan need not look dashing on a horse, or flash a film-star smile. That is lucky for Mr Walker, a Sunday-schoolish preacher’s son whose own supporters, at...
  • US weekly jobless claims total 281,000 vs 285,000 estimate

    07/16/2015 8:20:42 AM PDT · by SeekAndFind · 15 replies
    CNBC ^ | 07/16/2015
    The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a solid labor market. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 281,000 for the week ended July 11, the Labor Department said on Thursday. The decline reversed the prior week's rise and ended three straight weeks of increases. Claims tend to be volatile during the summer when automakers normally shut assembly plants for annual retooling. However, some of the companies keep production running, which can throw off a model the government uses to smooth the data for...
  • Unions: This time, we’ll defeat Walker

    07/15/2015 5:56:45 AM PDT · by Cincinatus' Wife · 58 replies
    The Hill ^ | July 15, 2015 | Tim Devaney
    Labor groups are gearing up for another fight with Wisconsin Gov. Scott Walker (R) now that he has entered the presidential race. After a failed recall bid in Wisconsin, unions are determined to make sure Walker never sets foot in the Oval Office. But organized labor’s opposition could play well for Walker in the GOP primary because it appeals to his conservative base. Some of the biggest unions are still formulating their plan of attack against Walker, even as they signal they will dip into their coffers to go after him. The strongest signal came from AFL-CIO President Richard Trumka....
  • Scott Walker hits campaign trail in Las Vegas, raps Iran deal, gay troop leaders, minimum wage

    07/15/2015 2:37:14 AM PDT · by Cincinatus' Wife · 40 replies
    Milwaukee Journal Sentinel ^ | July 14, 2015 | Mary Spicuzza
    Gov. Scott Walker kicked off his presidential announcement tour Tuesday with a stop in Las Vegas, where he decried the new nuclear deal with Iran—and quickly drew fire for comments he made criticizing the minimum wage and a Boy Scout decision to lift a policy banning gay troop leaders....."I was an Eagle Scout,my kids have been involved,Tonette (Walker) was a den mother...I have had a lifelong commitment to the Scouts and support the previous membership policy because it protected children and advanced Scout values."...Critics quickly accused Walker of supporting homophobic policies and implying that gay people are pedophiles."Maybe Gov. Walker...
  • What Americans Lose When We Refuse to Do Crap Jobs

    07/14/2015 11:28:53 AM PDT · by SeekAndFind · 72 replies
    The Federalist ^ | 07/14/2015 | Peter Cook
    The best job I’ve ever had was cleaning deep fryers at McDonald’s at 4:30 in the morning. By “best,” I don’t mean most pleasant. Each morning, I would take a filtration device (basically a heavy bucket with a filter, on wheels) up to each deep fryer, empty the fryer’s oil into it and, while it churned away, I would scrub the sides and bottom of the fryer. After the filter was done working, I would pump the filtered oil back into the fryer and turn on the heating element to prepare it for that day’s cooking. By the end of...
  • Hillary's Tired, Demagogic Economic Proposals

    07/14/2015 7:52:27 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | July 14, 2015 | David Limbaugh
    Hillary Clinton is a walking, talking cliche who spouts decades-old sound bites that were bad enough when her husband first delivered them but are painfully anachronistic today. Same old material, same old demagoguery. You would think a self-styled "progressive" would be less regressive and reactionary, but this woman apparently believes that the Clinton magic of the '90s can be dusted off and resurrected without the slightest rhetorical modification. The problem with that is that Clintonomics only works on the heels of Reaganomics and liberals have been squeezing every last ounce of Reaganomics out of our system. In her first major...
  • Scott Walker is Unbending (and unexcitable)

    07/14/2015 6:36:24 AM PDT · by Cincinatus' Wife · 53 replies
    Washington Post ^ | July 14, 2015 | Michael Fletcher
    "....Pleasant. That’s even how Walker’s bitterest political foes describe him.In the heat of the state’s showdown with its union four years ago, Rep. Peter Barca, the Wisconsin State Assembly’s top Democrat, publicly denounced the governor at protests across the state. “You know, Governor Walker, you have defiled our heritage,” Barca said at one rally. “You have disregarded our values.”But Walker,who declined to be interviewed for this article,never took it personally. “I’d give a speech in front of 50,000 protesters saying,‘Walker’s got to go,’“ Barca says, “and you’d see him the next day and you’d think I just sent him a...
  • Why Labor Hates Walker, in Three Charts

    07/14/2015 4:55:16 AM PDT · by Cincinatus' Wife · 8 replies
    Washington Post ^ | July 13, 2015 | Philip Bump
    ....[SNIP].... Labor unions rely on density for two reasons. First, unions need monthly dues in order to be able to pay organizers and staff. The more members, the more dues, the more organizing. Second, the more unions that exist in a region, the easier it is to organize. That's because more union employers usually means smaller disparities between the wages paid by different businesses -- meaning less incentive to oppose organizing drives. That's why New York state has the highest union membership rate in the country: New York City's high union density makes it easier to organize. Again, half of...
  • The Audacity to Win

    07/13/2015 11:15:39 PM PDT · by Cincinatus' Wife · 24 replies
    Slate ^ | July 13, 2015 | John Dickerson
    ".......In this modern age of hyperpartisan combat,no one running has consistently succeeded when fighting for conservative principles the way Walker has. Actually fighting and winning conservative fights is what voters are hungry for. That’s why Walker used the word “win” six times.Where the candidates announce their candidacies tells you about their campaign. Jeb Bush chose Miami Dade College so that the tableau of diverse faces could speak to his effort to expand the Republican Party. Bush has since talked about the makeup of that crowd and how it doesn’t look like the typical Republican electorate. Walker’s crowd was 99 percent...
  • GOP contender Scott Walker faces down Wisconsin university faculty

    07/12/2015 2:01:01 AM PDT · by Cincinatus' Wife · 21 replies
    Providence Journal ^ | July 12, 2015 | Noah Bierman
    The president of the board and the UW-Madison chancellor have pledged to maintain tenure and academic freedom. But faculty are skeptical they will have the same ironclad protections against retaliation for controversial research, particularly the type of scholarship that can leave winners and losers in the marketplace. MADISON, Wis. — First, Gov. Scott Walker defeated public-sector labor unions. Then, he declawed their private-sector counterparts. Now, ahead of his entry into the presidential race, the Wisconsin Republican is staring down another conservative target: college professors. The trifecta could cement Walker's reputation among conservative Republican primary voters as a bold leader...
  • Occupy Democrats group says Wisconsin is 'dead broke' due to actions by Scott Walker, GOP

    07/10/2015 12:15:32 AM PDT · by Cincinatus' Wife · 23 replies
    Politifact ^ | July 6, 2015 | James B. Nelson
    A Facebook meme posted by a liberal Democratic group puts a new twist on an old claim that the state of Wisconsin is "broke." The post by Occupy Democrats includes a photo of Republican Gov. Scott Walker and this statement: "Last year, Republican Wisconsin Governor Scott Walker signed a $541 million tax cut for millionaires and corporations. Today, Wisconsin’s budget is $283 million in the red, funding for education is being slashed, government programs are being gutted, and the state is about to miss a $108 million debt payment -- because it is dead broke." In the comments below the...
  • Let’s Hope Machines Take Our Jobs: We Want Wealth, Not Jobs

    07/09/2015 9:13:02 PM PDT · by 2ndDivisionVet · 63 replies
    The Market Oracle ^ | June 11, 2015 | Peter St. Onge
    Peter St. Onge writes: The job-threatening rise of the machines is an economically illiterate meme that refuses to die. We’re actually probably in the early stages of it, a bull-market in neo-luddism, if you will. Bastiat’s “Candlemakers Petititon” answered this one long ago, but today I’ll run a little thought experiment that owes it all to good old Bastiat. Let’s say Weird Al Yankovic invents a machine capable of making everything with a single push of a button. The first thing he does is print up a bunch of machines and sell them for a ton. Weird Al is now...
  • U.S. jobless claims rise to highest level since February at 297,000

    07/09/2015 12:30:28 PM PDT · by SeekAndFind · 12 replies
    Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
    WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....
  • Walker’s double-dealing exposed: How one of the right’s worst talking heads just embarrassed him

    07/09/2015 1:38:11 AM PDT · by Cincinatus' Wife · 21 replies
    Salon ^ | July 8, 2015 | Simon Maloy
    <p>There are few people in politics who are quite as hilarious as Stephen Moore. Formerly the Heritage Foundation’s chief economist (he’s now a “Distinguished Visiting Fellow” for the group) Moore has achieved greater notoriety as one of the worst pundits alive. The man is constantly, flagrantly wrong. He’s been blacklisted by a major newspaper for making too many embarrassing errors in his columns. He’s a climate change denier who draws his arguments against environmentalism from sci-fi monkey movies. He’s written anti-Obamacare Op-Eds that are literally 0 percent accurate. As an economic thinker he’s been no more successful – he has a string of bad predictions under his belt and a tenuous grasp of the field he’s supposedly an expert in.</p>
  • Letter: Defend U.S. manufacturing (U.S. Business & Industry Council praises Cruz)

    07/08/2015 3:24:26 PM PDT · by 2ndDivisionVet · 16 replies
    The Dallas Morning News' Letters to the Editor ^ | July 8, 2015 | Kevin L. Kearns, president, U.S. Business & Industry Council
    America needs a strong manufacturing sector to sustain robust economic growth that creates new businesses, jobs and opportunities for all. Manufacturing is responsible for 70 percent of U.S. R&D, and often spins off entire new industries. But since 2000, American manufacturing has lost thousands of factories and 5 million jobs. The top reason: poorly conceived “free trade” agreements that Washington has pushed, including NAFTA, CAFTA and Korea and China joining the World Trade Organization. Given the record of job outsourcing and factory closings, it is troubling that Congress has just given President Barack Obama fast track power to negotiate the...
  • No Jobs for the Young, No Retirement for the Old [Financial Insecurity rising for everyone]

    07/08/2015 2:35:31 PM PDT · by SeekAndFind · 18 replies
    Of Two Minds ^ | 07/08/2015 | Charles Hugh Smith
    We shouldn't wonder why people are working into their 70s--we should wonder why anyone retires, assuming they'll still be receiving their full pension in five years.You may have seen a variation of this chart of employment in the U.S. by age group. This chart--courtesy of mdbriefing.com-- shows the number of those employed (with any kind of job--full-time, part-time, self-employed) as a percentage of the Civilian Noninstitutional Population (CNP), which includes everyone 16 years of age and older who is not institutionalized or on active duty in the Armed Forces. A number of striking features pop out of this chart: 1....
  • Major Job Cuts Expected at Microsoft [Obamanomics is Awesome, Ain't it Tech Worshipers?]

    07/08/2015 6:39:51 AM PDT · by SoFloFreeper · 12 replies
    NY Times ^ | 7/8/15 | Nick Wingfield
    SEATTLE — Microsoft plans to announce a major new round of layoffs as early as Wednesday, as the company seeks to further cut costs in a shifting technology landscape. The layoffs are in addition to the about 18,000 employees that Microsoft said it planned to let go a year ago, according to people briefed on the plans, who asked for anonymity because the details were confidential. The new job cuts are expected to affect people in Microsoft’s hardware group, among other parts of the company, including the struggling smartphone business that it acquired from Nokia last year in a $7.2...
  • DEADLINE! Government has Until Midnight to Save Colowyo ( Coal mining Jobs: Colorado )

    07/07/2015 3:06:14 PM PDT · by george76 · 27 replies
    ColoradoPeakPolitics ^ | July 7, 2015
    The community of Craig is holding its collective breath today, waiting on the feds to decide by midnight whether they will bother to challenge a court decision that threatens to shutter the Colowyo Mine. The Interior Department has gobbled up the entire period allotted to them to decide whether to appeal. We can only hope they have used this time wisely to decide in favor of the 200 plus workers whose jobs are on the line. And the lines in the proverbial sands have been clearly drawn. On one side is the radical environmental group WildEarth Guardians, who brought the...
  • 100 Million Americans Not Working!

    07/07/2015 7:31:13 AM PDT · by Kaslin · 57 replies
    Townhall.com ^ | July 7, 2015 | Stephen Moore
    Is America hard at work? Or hardly working? I ask this because Thursday's Labor Department report for June found yet another 430,000 Americans of working age (16 and older) dropped out of the workforce. Over the last year, only 1.3 million Americans of working age have entered the workforce, even as the population of this same demographic increased by more than 2.8 million. Just over 1 million members of this group found jobs. That's right -- of the new additions to the working age population, less than four in 10 found jobs. The newspapers touted the reduction in the unemployment...
  • Donald Trump Is Not Just A Clown, He’s A Liberal Anti-Gun Clown

    07/06/2015 11:29:57 PM PDT · by z taxman · 82 replies
    Downtrend.com ^ | June 17, 2015 | Brian Anderson
    The big joke Tuesday was that comb-over reality TV star Donald Trump announced that he’s running for president in 2016 as a Republican. As if it isn’t funny enough that he’s given hundreds of thousands of dollars to the Democratic Party and the Clinton Foundation, he also said he wants Oprah Winfrey as his VP. And just in case you aren’t convinced of his conservative credentials, it turns out he’s left quite a liberal footprint of anti-gun, pro-abortion, redistribution of wealth, Obam-esque socialism. Back in 2000 The Don was flirting with running for president as a Reform Party candidate... Here’s...
  • Some White House Republican hopefuls want curbs on legal immigration [Walker, Santorum]

    07/06/2015 2:38:37 AM PDT · by Cincinatus' Wife · 18 replies
    Reuters ^ | July 6, 2015 | Andy Sullivan, editing by Ross Colvin
    Republican 2016 presidential hopefuls Scott Walker and Rick Santorum are suggesting a potentially controversial way to boost Americans' job prospects: admit fewer legal immigrants into the United States. The notion, absent from presidential politics for at least 20 years, could help them tap into the frustrations of working-class voters who have struggled with stagnant wages and reduced job opportunities since the economic crisis of 2007-2009. It could also complicate prospects for a comprehensive fix to the nation's outdated immigration system and tar the Republican Party as anti-immigrant at a time when it needs to broaden its support base of Hispanics...
  • Progressive Paradise Lost

    07/04/2015 10:07:58 AM PDT · by Tolerance Sucks Rocks · 20 replies
    The Daily Signal ^ | July 1, 2015 | Salim Furth
    It’s a progressive paradise.Public employees get 30 vacation days a year. Anyone who works over eight hours in a day gets paid time-and-a-half. Employees have strong rights.The minimum wage is high: 77 percent of the median wage.Environmental regulations are settled beyond the pressure of local economic interests. The forests and mountains are pristine destinations for ecotourism.Energy costs are kept high, pushing consumption down to a level deemed “socially beneficial”. Utilities have strong public backing and provide jobs to thousands.Union jobs in shipping are protected from outsourcing to cut-rate foreign competitors.The social safety net is buoyant and provides a solid working-class standard...
  • Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders

    07/03/2015 10:08:38 AM PDT · by SeekAndFind · 19 replies
    Zero Hedge ^ | 07/02/2015 | Tyler Durden
    Presented without comment. * December 2007 is when, according to the NBER, the recession started. The same recession which also according to the NBER ended precisely 6 years ago.
  • Record 93,626,000 Americans Not in Labor Force; Participation Rate Declines to 62.6%

    07/03/2015 5:50:41 AM PDT · by TurboZamboni · 21 replies
    CNS ^ | 7-2-15 | Ali Meyer
    CNSNews.com) - A record 93,626,000 Americans 16 or older did not participate in the nation’s labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics. In June, according to BLS, the nation’s civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, hit 250,663,000. Of those, 157,037,000 participated in the labor force by either holding a job or actively seeking one. The 157,037,000 who participated in the labor force equaled only 62.6 percent of the 250,663,000 civilian...
  • The real reason the unemployment rate ‘fell’ in June 2015

    07/03/2015 5:12:38 AM PDT · by SeekAndFind · 8 replies
    New York Post ^ | 07/03/2015 | John Crudelle
    You’ve probably heard this phrase: “There are lies, damned lies and there are statistics.” Let’s look at the latest statistics from the Labor Department and you decide whether we are being told the truth, lied to or simply misled by faulty numbers. On Thursday, Labor, in the first sentence of its June jobs report statement, said that “payroll employment increased by 223,000 and the unemployment rate declined to 5.3 percent. Thanks, but I’d like to focus instead on the fifth paragraph and the very last paragraph. First, the unemployment rate. It was down from 5.5 percent in May, so instinctively...
  • America's Current Jobs Picture: Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000

    07/02/2015 9:05:15 AM PDT · by SeekAndFind · 8 replies
    Zero Hedge ^ | 07/02/2015 | Tyler Durden
    While the kneejerk reaction algos were focusing on the +223K jobs number reported by the Establishment Survey, few if anyone notched that the Household survey reported a decline of 56,000 workers in June. But what's worse, is that according to this survey which according to some is far more reliable than its peer, the composition of the US labor force once again deteriorated rapidly with part-time jobs added in June surging by 161,000 while the number of full time jobs tumbled by 349,000. Putting this number in context, while the total number of US workers has long since surpassed its...
  • June jobs report: 223K added, but 432K left workforce, April-May revised down 60K

    07/02/2015 8:18:01 AM PDT · by SeekAndFind · 14 replies
    Hotair ^ | 07/02/2015 | Ed Morrissey
    If you like topline numbers, you’ll like the June jobs report, issued a day early because of the Independence Day headline. The US economy added 223,000 jobs in June, a respectable if unspectacular level of job growth that outpaces population growth, and the U-3 jobless rate dropped to 5.3%. It’s when one looks past the topline numbers that the problems emerge — chief among them the fact that almost twice as many people left the workforce as found jobs: Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau...
  • Little to cheer about in June jobs report: Even has Unemployment Rate Drops to 5.3%

    07/02/2015 8:07:27 AM PDT · by SeekAndFind · 16 replies
    American Thinker ^ | 07/02/2015 | Rick Moran
    The U.S. economy added 223,000 jobs in June, and the "official" unemployment rate dropped from 5.5% to 5.3%.  But the labor force participation rate dropped to a 38-year low, and there were 60,000 fewer jobs created in April and May after adjustments.  It's absolutely amazing that four years after the supposed "recovery" began, more people have stopped looking for work than ever. The Hill: The number of people in the labor force fell by 432,000, a reason for the lower jobless rate, while 56,000 fewer people were employed, sending the participation rate down to 62.6 percent, the lowest level...
  • WATCH: Dramatic New Trailer for "Steve Jobs" Biopic

    07/01/2015 3:57:40 PM PDT · by nickcarraway · 12 replies
    NBC Bay Area ^ | 7/1 | Tamara Palmer
    A new trailer for the forthcoming Steve Jobs biopic reveals dramatic family and business conflicts. Jobs, portrayed by Michael Fassbender, is seen throughout the trailer dealing with recognizing and building a relationship with his daughter Lisa Brennan-Jobs. Writer Aaron Sorkin told The Verge that Jobs' daughter, who consulted with him on the script, is the heroine of the film. The Danny Boyle-directed flim – called simply “Steve Jobs” – is scheduled to debut in theaters on October 9.
  • David Stockman Shock Blog: The Real Unemployment Rate Is 42.9%

    06/30/2015 3:23:27 PM PDT · by Kaslin · 54 replies
    Rush Limbaugh.com ^ | June 30, 2015 | Rush Limbaugh
    RUSH: Ladies and gentlemen, the unemployment rate, what is the latest reported unemployment, 5.5%, is that what it is, 5.3, 5.6? It's in that neighborhood, right? I don't know what the exact number is. Not that this matters to anything anymore. I mean, the truth is increasingly irrelevant. The truth is increasingly meaningless. In fact, there isn't any truth in way too much of the country. There is certainly no objective truth. Anyway, I have had, as you know if you listen regularly, I've had a lot of doubt about the accuracy of an unemployment rate of 5.5% when, at...