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According to the Bureau of Labor Statistics( BLS), the unemployment rate for black Americans is the lowest it has been since the year 2000, 17 years ago. In November, the national unemployment rate for black Americans, ages 16 and over, was 7.3%. The last time it was 7.3% was in the year 2000, during the months September, October and November. During the Bush and Obama years (2001 -2016), the black unemployment rate fluctuated between 7.7% and a high of 16.8%. Back in September 2017, the rate was 7.0%, a low that had not been seen since April of 2000. Prior...

Americans should have the courage to ignore their written laws, to amnesty DACA illegals and accept an open-borders world, says an op-ed by two wealthy CEOs who stand to gain more wealth in a labor market flooded by low-wage migrants. The op-ed by Tim Cook (CEO of Apple, wealth $800 million and growing) and Charles Koch (Koch Industries, $49 billion and growing) was posted in the Washington Post newspaper owned by Jeff Bezos (owner of Amazon, $98 billion and growing). Under the headline “Congress must act on the ‘dreamers,’” it declared: We must do better. The United States is at...

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell last week, a government report showed on Thursday. Initial claims for state unemployment benefits declined by 11,000 to a seasonally adjusted 225,000 for the week ended Dec. 9 from an unrevised 236,000 the week before, the Labor Department said. Economists polled by Reuters had forecast claims rising to 239,000 in the latest week. The 4-week moving average was 234,750, a decrease of 6,750 from the previous week’s unrevised average of 241,500.

Apple is pouring $390 million into an American company that helps power AirPods and FaceID -- an investment that will create 500 jobs in Texas. The money will come from a $1 billion fund that Apple established earlier this year to boost U.S. manufacturing jobs. Apple says the cash will help Finisar, a chip maker, restart a 700,000-square-foot manufacturing facility in Sherman, Texas, by the second half of next year. The new plant will create 500 "high-skill" jobs. Finisar produces "vertical-cavity surface-emitting lasers" (VCSELs), which power some Apple's newest features, including Face ID, Animoji, Portrait mode selfies and AirPods. The...

With unemployment low and demand for new homes high, a company like Home Depot could be spending most of its surplus billions on raises for workers or the rollout of new stores. Instead, it is using $15 billion to buy back shares of its own stock, a move that will reward shareholders including chief executive Craig Menear. Home Depot’s statement was a reminder that corporate America may have other plans for that cash. Several companies already have indicated that they will use excess funds to pay off debt, increase dividend payments or repurchase their own shares rather than create new...

Record low unemployment rate for manufacturing workers. First time under 3% (2.6%):

The economy added 228,000 new payroll jobs and unemployment held at 4.1 percent in November, the Bureau of Labor Statistics reported Friday. Forecasters had expected 190,000 new jobs as the Texas and Florida economies continued to recover from the hurricanes that made September the worst jobs month in years.

RUSH: Folks, do not doubt me. They think they have won the House in 2018. They hate Trump and so they think everybody else does. The reasons they hate Trump, they think, are the reasons everybody else hates Trump. They hate Republicans and they think they have succeeded with their buddies in the media in making everybody else hate Republicans. They think the Virginia gubernatorial election is the sign that the country has admitted its mistake and is ready now to get back to normal and elect Democrats to run Washington, D.C. So they have made this assumption. They want...

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labor market. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 236,000 for the week ended Dec. 2, the Labor Department said on Thursday. Data for the prior week was unrevised. It was the third straight weekly decline in claims. Economists polled by Reuters had forecast claims rising to 240,000 in the latest week. Last week marked the 144th straight week that claims remained below the 300,000 threshold, which is associated with a strong labor market. That is the...

Hiring across the U.S. was 26 percent higher in November than a year earlier, the LinkedIn report shows. Seasonally adjusted hiring was 2.2 percent lower than in October. U.S. employers hired more people in November than last year, but fewer than in October of this year, according to the LinkedIn Workforce Report. Hiring across the U.S. was 26 percent higher last month than a year earlier, the data showed. The seasonally adjusted hiring figure was 2.2 percent lower than in October. Still, hiring has stayed consistently strong this year, LinkedIn says. Year to date, U.S. hiring has been 10.4 percent...

Private sector employment in the US rose more than expected in November, according to data released by ADP on Wednesday. Employers added 190,000 jobs, versus expectations for an increase of 185,000. In October, 235, 000 jobs were added. Small businesses with fewer than 50 employees added 50,000 positions, while medium businesses with between 50 and 499 employees added 99,000 jobs. Large companies with 500 or more employees added 41,000 jobs. The goods-producing sector recruited an extra 36,000 people, while service providers added 155,000 jobs. Mark Zandi, chief economist at Moody’s Analytics, said: "The job market is red hot, with broad-based...

Private sector employment in the US rose more than expected in November, according to data released by ADP on Wednesday. Employers added 190,000 jobs, versus expectations for an increase of 185,000. In October, 235, 000 jobs were added.

Sen. Jon Tester’s tweet about the passage of the Tax Reconciliation Act has gone viral, with more than 42,000 retweets, The Great Falls Tribune reported Saturday.... “I was just handed a 479-page tax bill a few hours before the vote,” Tester said in the video. “One page literally has hand-scribbled policy changes on it that can’t be read.” “I want you to take a look at this, folks. This is your government at work,” Tester said as he brought the page with the side notations....

SAS Automotive Systems is coming to Tuscaloosa County, bringing 170 jobs. The German-based global auto supplier, which assembles cockpit modules, will support production of Mercedes-Benz's next generation SUV in Alabama. The Tuscaloosa County Industrial Development Authority (TCIDA) made the announcement, along with the Alabama Department of Commerce. SAS COO Francois Barthel said in a statement that company is "more than happy to contribute to the great success story of Alabama's auto production that started right in the very plant where we will be supplying components for Mercedes-Benz's next generation of SUVs." Mercedes is currently wrapping up a $1.3 billion expansion...

U.S. steel production skyrocketed by 12 percent year-over-year in October, an industry trade group reported. The World Steel Association, which tracks 160 steelmakers in 66 countries worldwide, reported that steel mills in the United States produced 7 million tons of steel last month. Global steel production rose 5.8 percent year-over-year to 145.3 million tons in October.

A huge Chicago bakery is now hiring Americans at higher wages, following a federal immigration enforcement action which forced the firing of 800 illegal immigrants. The forced departure of the illegal-immigrant workers at the Chicago-based Cloverhill bakery was a financial shock to the Swiss company which bought the bakery from a U.S. investment group in 2014. The illegals comprised one-third of the bakery’s employees, so U.S. sales fell by seven percent when the enforcement forced the company to rebuild its workforce by hiring Americans, the CEO told Wall Street analysts, according to Bloomberg: “It’s proceeding very, very slowly because it’s...

Trump supporters are proud of the job President Trump has done so far. He has achieved many of the campaign promises he made despite the lack of help he’s received from the Republican Party and the obstructionists in Congress. With just 1 year in office Trump’s accomplishment list is growing and growing yet you wouldn’t know that if get your news from the “Main Stream Media”

Wapakoneta could be making room for a new manufacturer, and over 100 new jobs that would come with it. Wapakoneta City Council passed resolutions to help packaging company Pratt Industries build a new plant at the shovel ready site on the south side of the city. The State of Ohio needs to approve the deal in the beginning of December for the project to move forward. If approved, Pratt will invest around 250 million dollars for their first phase of their project, which would create around 100 jobs with an average pay of over 25 dollars an hour, with the...

When the robots came to online retailer Boxed, dread came, too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake. "I had a lot of people asking me, 'What is going to happen to us?'" says Veronica Mena, a trainer for the e-commerce startup, recalling the anxiety that rippled through her co-workers after company executives announced plans to open an automated warehouse in nearby Union, N. J. Yet their fears didn't come to pass. When the new warehouse opened this spring, workers found that their jobs were less physically demanding than...

Wilson, N.C. — Fresenius Kabi will expand its drug-manufacturing operations in Wilson, potentially bringing at least 445 new jobs over five years and $100 million in investment. The German company will enlarge its 100-employee pharmaceutical production facility and build a new manufacturing plant. Both facilities will make products used in hospitals and clinics throughout the United States and Canada. “This expansion is welcome news for Eastern North Carolina and our entire state and shows once again that manufacturing thrives in North Carolina today,” Gov. Roy Cooper said in announcing the expansion. Fresenius Kabi has owned its Wilson site, specializing in...