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Keyword: jobs

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  • Where Have All the Jobs Gone?

    11/03/2012 6:12:41 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | November 3, 2012 | John C. Goodman
    Another jobs report came out yesterday and, like so many others before it, the news was disappointing. Our economy is actually growing more slowly this year than it grew last year — somewhere in the 2% range. Normally after a steep decline, the economy would be roaring back at a 5% to 6% clip. The official unemployment rate is 7.9%, one-tenth of a point higher than last month's number. But the true rate is almost twice that level. Many people who want a full-time job are working part-time instead. And much of the modest increase in economic activity is the...
  • Are Republican Policies Good or Bad for the Economy?

    11/03/2012 4:07:13 AM PDT · by Moseley · 12 replies
    The Tea Party Tribune ^ | November 2, 2012 | Jonathon Moseley
    What policies will create jobs and a strong economy? As we face the November 6 election, are Democrats or Republicans better for jobs and economic opportunity? Liberal Keynesian economics is in the DNA of the Democrat Party. Mitt Romney brilliantly labeled it “trickle down government.” Free enterprise and limited government are the heart and soul of the Republican Party. These two economic perspectives form the basis of the two political parties. Barack Obama could win re-election after a disastrous four-year term simply because Democrats argue that Republicans will be worse. Their main theme is that George Bush destroyed the economy...
  • Defense Jobs Cuts Looming; Obama lied to get swing state votes

    11/02/2012 9:02:03 PM PDT · by annajones · 11 replies
    des moines register and brietbart ^ | 11/02/2012 | annajones
    Defense Jobs Will be Massively Cut -- Obama's goal and promise ref link and there is a previous one from Brietbart: http://www.breitbart.com/Big-Government/2012/10/24/Obama-Flip-Flops-on-Debate-Statement-About-Sequester He said "the sequester", a term the media has been trying to hide, wouldn't happen on national TV during the third debate so he won't lose votes from swing states, but the very next day during an interview he gave to the Des Moines Register which he promised on condition that it not be printed he took credit for the sequester legislation and proudly said that he will let the sequester happen along with the expiration of the...
  • Nearly 600 WPS Health Insurance Jobs Could be Cut (WI)

    11/02/2012 4:25:10 PM PDT · by bigbob · 9 replies
    WMTV NBC 15 Madison ^ | 11-2-12 | WMTV
    WPS Health Insurance announced today that it is adjusting its resources in response to competitive pressures and recent losses in the government contract market. The company will adjust resources across the corporation. Staffing impacts could affect 600 positions, though this number is subject to change. The actual adjustments and timeframe depends on the outcome of protests and additional opportunities. Adjustments will occur in phases over the next year. Notices to staff will begin as early as November 2012. Recent activity in the company’s government business lines makes the reductions necessary.
  • Two-Thirds Of Jobs Go To Immigrants During Obama’s Four Years [Executive Dream Act?]

    11/02/2012 10:53:06 AM PDT · by Steelfish · 7 replies
    The Washington Times ^ | October 31, 2012 | Stephen Dinan
    Two-Thirds Of Jobs Go To Immigrants During Obama’s Four Years Researchers say legals and illegals are more mobile than natives in America By Stephen Dinan-The Washington Times October 31, 2012 Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. The Center for Immigration Studies is releasing the study Thursday morning, a day ahead of the final Labor Department unemployment report of the campaign season, which is expected...
  • Obama’s gloves come off ahead of jobs report

    11/02/2012 7:50:13 AM PDT · by BlatherNaut · 17 replies
    BostonHerald.com ^ | November 2, 2012 | Hillary Chabot
    President Obama cast aside his hurricane-inspired role as comforter in chief and tore into rival Mitt Romney — going on offense ahead of today’s jobs report and just hours after urging Americans to unite in the wake of superstorm Sandy.
  • Forward? Number of Unemployed Increases By 170k Offsetting 171k Increase in Non Farm Payrolls

    11/02/2012 7:00:54 AM PDT · by whitedog57 · 2 replies
    Confounded interest ^ | 11/02/2012 | Anthony B. Sanders
    According to the Bureau of Labor Statistics, the unemployment rate rose from 7.8% to 7.9% for October. The number of unemployed in the US rose from 12,088,000 in September to 12,258,000 in October. An increase of 170,000. That almost perfectly offsets the increase in non farm payrolls (+171,000). And the duration of unemployment 27 weeks and over rose to 40.6%. The employment to population ratio rose in October to 58.8, but still remains at a level near the beginning of the “Reagan Recovery.” The unemployment rate among blacks/African Americans rose to 14.30%. There will be no joy in the Black/African...
  • 171,000 jobs created in Oct., unemployment ticks up to 7.9 percent

    11/02/2012 6:12:35 AM PDT · by lowbridge · 7 replies
    ap/ny post ^ | november 2, 2012
    <p>US employers added 171,000 jobs in October and hiring was stronger over the previous two months than first thought. The unemployment rate inched up to 7.9 percent from 7.8 percent in September because the work force grew.</p> <p>The Labor Department's last look at hiring before Tuesday's election sketched a picture of a job market that is gradually gaining momentum after nearly stalling in the spring.</p>
  • Putting Today's Job Number In "Seasonally Adjusted" Context (Read before you read the Gov't release)

    11/02/2012 6:05:47 AM PDT · by Zakeet · 2 replies
    Zero Hedge ^ | November 2, 2012
    Today's jobs number is expected to come at 125,000, with a high estimate of 154,000 from John Hancock financial, and a low of 30,000 from Westpac Banking, and with a whisper expectation at 150,000 courtesy of yesterday's "stronger than expected" ADP re-revised print. A beat or miss at over 1 standard deviation will promptly wake the HFT algos from their deep slumber. Wait did we say miss? Hah. Anyway, just to put today's seasonally adjusted expected monthly job growth in context, below is a chart showing the average seasonal adjustment for each month of the year in the past decade....
  • We're About To Get One Of The Most Important Jobs Reports In History (Before The Election)

    11/02/2012 4:41:44 AM PDT · by blam · 21 replies
    TBI ^ | 11-2-2012 | Matthew Boesler
    We're About To Get One Of The Most Important Jobs Reports In History — Here's What You Need To Know Matthew BoeslerNov. 2, 2012, 4:10 AMToday's nonfarm payrolls data – out at 8:30 AM ET in the U.S. – is the final jobs report before the presidential election on November 6. Consensus estimates are for 125k new jobs, and the unemployment rate is expected to rise to 7.9 percent from 7.8 percent a month ago. The election is already a huge source of uncertainty for fragile markets at the moment, and a bad jobs number could really set the tone...
  • Two-thirds of jobs go to immigrants during Obama’s four years

    11/01/2012 1:32:14 PM PDT · by Jim Robinson · 16 replies
    Washington Times ^ | Oct 31, 2012 | By Stephen Dinan
    "Researchers say legals and illegals are more mobile than natives in America" Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. The Center for Immigration Studies is releasing the study Thursday morning, a day ahead of the final Labor Department unemployment report of the campaign season, which is expected to show a sluggish job market more than three years into the economic recovery. That slow market, combined...
  • Obama's Layoff BOMB

    11/01/2012 12:59:06 PM PDT · by magdalen · 6 replies
    National Review Online ^ | Novmber 1, 2012 | Magdalen
    Obama’s Layoff Bomb: His policies are killing jobs. By Michelle Malkin In June, a diffident and self-deluded President Obama claimed that “the private sector is doing fine.” Last week, the private sector responded: Speak for yourself, buster. Who needs an “October Surprise” when the business headlines are broadcasting the imminent layoff bomb in neon lights? The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 “mass layoff actions” (affecting 50 workers or more) in September; more than 122,000 workers were affected. USA Today financial reporter Matt Krantz wrote that “much of the recent layoff activity is connected to...
  • Tomorrow Morning's Jobs Numbers Could Be a Last Minute October Surprise!

    11/01/2012 12:18:39 PM PDT · by xzins · 28 replies
    1 Nov 12 | Xzins
    When Gallup released it's mid-month jobs survey numbers, they had dropped to 7.3%. They generally are a few points under the monthly report due out tomorrow, so that would mean a 7.5% UE3. However, we know Obama and his minions will do all in their power to tie into their "don't change now that things are looking up" campaign theme the last few weeks. It is very possible that the media is all keyed to go into feeding frenzy for the entire weekend with the "progress is being made; don't change now" message. Moreover, it's very likely that Obama will...
  • Fact Checking Romney and GM on Job Creation Claims

    11/01/2012 11:09:00 AM PDT · by jazusamo · 2 replies
    National Legal & Policy Center ^ | November 1, 2012 | Mark Modica
    General Motors is criticizing Mitt Romney for running an ad that says GM cut 15,000 jobs under the Obama Administration. The Detroit Free Press reported that GM spokesman Greg Martin (speaking about the Romney ad) stated, "No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the U.S. and repatriating profits back to this country." Leaving aside for a moment the bigger issue of a taxpayer-supported entity improperly inserting itself in an election, lets examine the facts. A look at GM's annual SEC filings gives a clear picture of how many people were...
  • Two-thirds of jobs go to immigrants

    11/01/2012 3:44:07 AM PDT · by markomalley · 12 replies
    The Washington Times ^ | 11/1/12 | Stephen Dinan
    Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. The Center for Immigration Studies is releasing the study Thursday morning, a day ahead of the final Labor Department unemployment report of the campaign season, which is expected to show a sluggish job market more than three years into the economic recovery. That slow market, combined with the immigration numbers, could explain why Mr. Obama and Republican nominee...
  • Tomorrow’s Tape: ADP Employment Report to Set Tone for Jobs Friday.

    10/31/2012 4:01:14 PM PDT · by ReaganÜberAlles · 2 replies
    Wall Street Journal Blog ^ | 10/31/2012 | Steven Russolillo
    October ADP jobs survey (8:15 a.m. Eastern Time) – Remember this is the first month that ADP is reporting its monthly data under its revised methodology. Under the old method, the September gain was 162,000, although figure was recently revised lower to 88,000. This report comes ahead of the government’s monthly jobs report on Friday
  • Has Obama Created More Jobs Than Bush Yet?

    10/31/2012 3:38:02 PM PDT · by NaturalBornConservative · 2 replies
    Natural Born Conservative ^ | October 31, 2012 | Larry Walker Jr
    :: Card Stacking :: MythBuster III: Rational or Ridiculous?- By: Larry Walker, Jr. -Card stacking, or selective omission, is one of the seven propaganda techniques identified by the Institute for Propaganda Analysis. It involves only presenting information that is positive to an idea or proposal and omitting information contrary to it. Card stacking is used in almost all forms of propaganda, and is extremely effective in convincing the public. Although the majority of information presented by the card stacking approach is true, it is dangerous because it omits important information. The best way to deal with card stacking is...
  • ADP Revises Methodology and Finds 365,000 FEWER Jobs Were Created Than Thought in 2012

    10/31/2012 1:24:52 PM PDT · by whitedog57 · 9 replies
    Confounded Interest ^ | 10/31/2012 | Anthony B. Sanders
    There were two purchasing manager reports today: Chicago and Milwaukee. The Chicago Purchasing Manager index was less than expected at 49.9 for October, although up a wee bit from September’s reading of 49.7. Here are the gory details to go along with the 49.9 reading. Employment at a 33 month low and inventories slipped into contraction. The downward trend in the Chicago PMI index is matched by the downward trend in the Chicago employment index. The Milwaukee PMI index fell in October to 43.30 and continues to be below 50 since the end of July 2012. Both the Chicago and...
  • ADP Changes Methodology of Job-Counting; One Analyst Thinks The Change Suggests That Friday's.

    10/31/2012 12:49:01 PM PDT · by Perdogg · 12 replies
    Assuming the BLS even releases data on Friday, which they're still hedging about. ADP is a big payroll-service firm which releases its own assessment of job growth (or job losses), based partly on its own data. Their new methodology occasioned a revision to their already-reported September figures. ADP's new calculations put the monthly job creation [in September] at just 88,200, down from the 162,000 the firm originally reported earlier this month. ... The soft ADP count could add credence to those who believe the pace of job creation is slower than the government's numbers indicate. "It's huge, no doubt about...
  • Economists: Romney's 12 Million Jobs Target Realistic, Even If He Loses (Framing His Presidency)

    10/31/2012 8:38:43 AM PDT · by Frapster · 3 replies
    NPR ^ | October 26, 2012 3:00 PM | Tamara Keith
    As the election draws closer, the economy and jobs remain top issues in the presidential race. President Obama points to the improvement in the labor market since he took office in the midst of a downward spiral. Both he and Republican presidential nominee Mitt Romney have five-point plans for improving the economy, although their strategies differ.