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Full Title: Billions of Crumbs: Over $3 Billion in Bonuses Given to American Workers So Far Because of Tax Cuts and Jobs ActWASHINGTON, D.C. - Over $3 billion in bonuses have already gone out to American workers all over the country thanks to the Tax Cuts and Jobs Act's enactment less than two months ago, with over 300 companies passing on the savings they see under this bill to their employees with bonuses, pay raises, better benefits, and more job opportunities.These billions in bonuses come as 90% of workers across the country will begin to see higher paychecks as their...

Aetna (AET) projected Tuesday that President Donald Trump’s tax overhaul will increase the company’s gross 2018 adjusted earnings by about $800 million. ....“Continued strength within our government business and moderate medical cost trend drove our better than projected total company results in the period,” Shawn M. Guertin, Aetna executive vice president and chief financial officer, said in a statement.

The “workamper” jobs range from helping harvest sugar beets to flipping burgers at baseball spring training games to Amazon’s AMZN, +2.87% “CamperForce,” seasonal employees who can walk the equivalent of 15 miles a day during Christmas season pulling items off warehouse shelves and then returning to frigid campgrounds at night. Living on less than $1,000 a month, in certain cases, some have no hot showers. As Bruder writes, these are “people who never imagined being nomads.” Many saw their savings wiped out during the Great Recession or were foreclosure victims and, writes Bruder, “felt they’d spent too long losing a...

Our strong economy continues to grow, as 200,000 new jobs were added in January 2018. Since Election Day 2016, American job creators have added 2,553,000 new jobs. The unemployment rate remains at a 17-year low of 4.1%. Job growth in construction was strong in January, with 36,000 new jobs created. January saw the third consecutive monthly rise in the wage growth rate, with a 2.9% 12-month increase in average hourly earnings. December 2017 wage growth rate was revised up to 2.7%; November 2017 was 2.5%. This may be the start of a welcome trend in wage gains, and marks the...

The Dow Jones Industrial Average dropped more than 400 points, with 10 of the 11 major S&P sectors in the red, led by the energy index’s 3.49 percent fall. Nonfarm payrolls rose by 200,000 jobs in January, the Labor Department said, beating expectation of 180,000. Average hourly earnings rose and boosted the year-on-year increase to 2.9 percent, the largest rise since June 2009. After the data, benchmark 10-year Treasury yields extended their rise to more than 2.8 percent, while traders boosted bets that the U.S. Federal Reserve will raise interest rates three times this year. Fast-rising wages could prompt more...

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 5.4 percent annualized rate in the first quarter following the latest data on manufacturing and construction spending, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday. The latest estimate on gross domestic product was faster than the 4.2 percent growth pace calculated on Monday, the Atlanta Fed said.

The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a tightening labor market and strengthening economy at the start of the year. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 230,000 for the week ended Jan. 27, the Labor Department said on Thursday. Data for the prior week was revised to show 2,000 fewer claims received than previously reported. Economists polled by Reuters had forecast claims rising to 238,000 in the latest week. The Labor Department said claims for Maine were estimated last week. It also said claims-taking procedures in Puerto...

Hot on the heels of a tax overhaul that the GOP has promised will yield stronger wage and job growth in 2018, American employers generated 234,000 new jobs in January, according to a report published Wednesday by the ADP Research Institute. The gains are a slight step down from the 242,000 jobs created in December, but they still represent the fourth consecutive month ADP has recorded job growth above 200,000 positions. Given that the U.S. is now more than eight years into its economic recovery, analysts have been impressed by the labor market's consistency over the past several months. "The...

As companies try to understand consumer behavior, data scientists are in high demand. Boasting a median base salary of $110,000 and a job-satisfaction score of 4.4 out of 5, data scientist was ranked No. 1 on Glassdoor’s “Best Jobs in America” list in 2016, 2017 and 2018. The report released this week is based on the number of job openings, salary and overall job satisfaction. It was followed by devops engineers ($110,000 a year), which combines development, testing and operations. Nearly 40% of people, including 56% of millennials, are job hunting it added. But data scientists have competition. A separate...

...Al Gore did something he, admittedly, rarely does and defended a recent Trump administration decision to impose tariffs on solar cells and modules. “I don’t typically defend him,” Gore said during a panel discussion at the World Economic Forum in Davos, Switzerland. President Donald Trump announced on Monday a 30 percent tariff on imported cells and modules used to make solar panels that would decrease over time. The solar industry largely opposed the move... .... the White House approved tariffs lower than the 35 percent tariff recommended by the U.S. International Trade Commission (ITC) in 2017. The ITC took up...

Glassdoor assembles its annual Best Jobs in America list, which is in its fourth year, based on each job’s overall Glassdoor Job Score, a score that is determined by weighing three key factors equally: earning potential based on median annual base salary, job satisfaction rating and the number of current job openings. Here are the top 10 jobs pulled from Glassdoor’s list: Data scientist Job Score: 4.8 Job Satisfaction Rating: 4.2 Number of Job Openings: 4,524 Median Base Salary: $110,000 Devops engineer Job Score: 4.6 Job Satisfaction Rating: 4.0 Number of Job Openings: 3,369 Median Base Salary: $105,000 Marketing manager...

If you want a sign of a growing economy, look at the disability rolls. They've been shrinking rapidly of late, as fewer apply for benefits and more disabled return to work. This is very good news. In the aftermath of the last recession, the number of workers who went on the Social Security Disability Insurance program skyrocketed by more than 1 million. It's clear from the data that this was being driven largely by the lack of good job prospects. Monthly applications for SSDI leapt from an average 182,000 a month in 2007 to 245,000 a month in 2010. Even...

The Labor Department said first-time claims for unemployment benefits fell 41,000 to 220,000 for the week ending January 13, 2018. That’s the lowest level for jobless claims since February 24, 1973 when it was 218,000. The previous week was unrevised at 261,000. The 4-week moving average was 244,500, a decrease of 6,250 from the previous week’s unrevised average of 250,750. Lagging data for continuing claims showed the advance unadjusted insured unemployment rate was 1.7% during the week ending January 6, an increase of 0.1 percentage point from the prior week. That number is highly likely to return to its historic...

U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018, Labor Department figures showed Thursday. Highlights of Jobless Claims (Week Ended Jan. 13) Jobless claims decreased by 41k to 220k (est. 249k); lowest level since Feb. 1973, biggest drop since Dec. 2008 Continuing claims rose by 76k to 1.952m in week ended Jan. 6 (data reported with one-week lag) Four-week average of initial claims, a less-volatile measure than the weekly figure, fell to 244,500 from the prior week’s 250,750

Playing the race card won't pay the rent, but a good job will, in a booming economy I just love watching and reading liberal Washington Post and New York Times columnists rant and rave over what they perceive to be a racist and white supremacist president. These so-called experts see racism everywhere. Criticism of Obama’s mediocre presidency is racist. Criticism of Obamacare is racist. Criticizing some Mexicans illegally crossing into America and engaging in rapes, murders and drug-dealing is also considered racist. And more recently, criticism of such failed and corrupt states as Haiti and certain African countries as “sh*tholes”...

In the American labor market, services are the new steel.This moment was inevitable. It just wasn’t supposed to happen so soon. Due to the inexorable aging of the country—and equally unstoppable growth in medical spending—it was long obvious that health-care jobs would slowly take up more and more of the economy. But in the last quarter, for the first time in history, health care has surpassed manufacturing and retail, the most significant job engines of the 20th century, to become the largest source of jobs in the U.S. In 2000, there were 7 million more workers in manufacturing than in...

"....“His comments are yet another sign that people of color cannot count on this administration to create an agenda that treats all Americans fairly..."

(Reuters) - Fiat Chrysler Automobiles NV FCH.MI (FCAU.N) said on Thursday it would invest more than $1 billion in its Michigan plant and add 2,500 jobs as it benefits from the overhaul of the U.S. tax code. The company said it would spend the money to modernize the Warren Truck Assembly Plant in Michigan to produce its Ram Heavy Duty trucks. The company will relocate the truck’s production from its current location in Saltillo, Mexico, to the Michigan plant in 202O. The car maker also said it would make a special bonus payment of $2,000 to about 60,000 FCA hourly...

Project 21’s Horace Cooper joined The Daily Signal’s Genevieve Wood to discuss the historic low unemployment rate for black Americans and how the left is co-opting Martin Luther King Jr. Day to protest tax reform and promote action for illegal immigrants covered by the DACA program. Here is an edited transcript of the video. Wood: Horace, Martin Luther King Day is coming up next week, and there has been a lot of interesting news, especially for the black community on the economic front, in this past week or so. What do you make of the numbers coming out? Cooper: The...

Last year the Boeing Aircraft Company delivered over 730 complete aircraft to operators across the world, literally destroying, Airbus, the European (European Union) aircraft manufacturer. Boeing stands alone as the greatest and largest supplier of aircraft worldwide. Boeing is also in talks to puchase Embraer aircraft, a Brazil based commuter aircraft manufacturer...and today, Boeing demonstrated a "cargo drone" that will change the world of air cargo hauling in the next five to ten years. The USA is basically doing the same thing in producing worldwide automobiles right here in the USA. Not only do we produce most "American" cars here,...