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Keyword: jobs

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  • During the 'Lost Decade,' Michigan Shed More Jobs Than U.S. as a Whole

    10/21/2014 5:28:57 AM PDT · by MichCapCon · 4 replies
    Michigan Capitol Confidential ^ | 10/20/2014 | Tom Gantert
    When the Great Recession hit the U.S. in December of 2007, state economies buckled. But in the four years preceding it Michigan was the only state to lose jobs overall. The state lost 148,100 jobs from 2003 through 2007 while the U.S. added 7.6 million jobs. Over the entire decade, from 2000 to 2009, the state lost 805,900 jobs, or 1 in every 6 – a 17.2 percent reduction in employment. The next closest state to bleed that many jobs was Ohio, which lost 9.9 percent of its jobs in those years. Nationwide, the U.S. began the decade with modest...
  • Jobs Outsourced Overseas by Delaware’s U.S. Senator Chris Coons

    10/20/2014 4:57:00 AM PDT · by Moseley · 5 replies
    Red State ^ | October 20, 2014 | Johan Snyder
    Delaware’s Democrat U.S. Senator Chris Coons has outsourced over 2,170 high-paying Delaware jobs to China, Germany, the United Kingdom, and Switzerland from his family’s business W.L. Gore and Associates. Yet in a bold act of chutzpah, Coons is also running for re-election by promising voters he will bring manufacturing jobs to ‘the First State.’ Nationwide, Republicans have been hammered for many years with the false and unfair accusation that American jobs are going overseas because of Republican plans. Whereas Democrat Party policies harm the nation's business environment and drive employers out of the U.S.A., liberals come close to accusing Republicans...
  • Interview: Why This Tea Party Activist Is Fighting for Solar

    10/19/2014 6:48:24 AM PDT · by Cincinatus' Wife · 34 replies
    Green Tech ^ | September 11, 2014 | Midwest Energy News, Kari Lydersen
    Debbie Dooley is not a tree-hugger -- in fact she bills herself as a radical right-wing grandmother, and she is a founding member of the national Tea Party and a leader of the Atlanta Tea Party group. But Dooley is also an outspoken proponent of distributed solar generation and other forms of renewable distributed energy. She will be the featured speaker next week at the Wisconsin Solar Energy Industries Association’s Solar Social Speakers series -- as advocates in the state say solar is under attack by elected officials, regulators and major utilities. While in Wisconsin, Dooley will also visit a...
  • 9 Essential IT Job Skills for 2015 [For Techies]

    10/16/2014 9:09:41 AM PDT · by SeekAndFind · 55 replies
    Petri IT Knowledge base ^ | 10/15/2014 | JEFF JAMES
    The IT industry is in a time of transition these days, with cloud computing, the bring your own device (BYOD) phenomenon, and a host of other factors putting pressure on IT professionals on every rung of the corporate ladder. While industry turmoil creates stress for a lot of system administrators on the career front, that disruption also creates opportunities for those that want to invest time and effort to learn in-demand IT skills. Top IT Job Skills for 2015 Over the last few months IÂ’ve spoken with HR consultants, hiring experts, and IT experts across the career spectrum to try...
  • Jobless claims drop 23K to a 14-year low [Seasonally adjusted 264,000, lowest level since 2000]

    10/16/2014 7:04:07 AM PDT · by SeekAndFind · 26 replies
    CSM ^ | 10/16/2014
    The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal that could counter doubts over whether the economy is shifting into a higher gear. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 264,000, the lowest level since 2000, the Labor Department said on Thursday. The decline suggests the labor market is gaining steam even as worries grow that the economy will not be strong enough for the Federal Reserve to hike interest rates around the middle of next year.
  • Federal Debt Now $200,000 Per Full-Time Private-Sector Worker

    10/15/2014 6:54:59 AM PDT · by Kaslin · 16 replies
    Townhall.com ^ | October 15, 2014 | Terry Jeffrey
    Which will be greater: the burden of student debt on Americans who went off this fall to their first year of college, or the amount of federal debt per full-time private-sector worker when these students earn their degrees and start looking for jobs? There is no doubt: It will be the amount of federal debt per full-time private-sector worker. As of last Friday, the total debt of the federal government was $17,858,480,029,490.28, according to the U.S. Treasury. That equaled $200,258.81 for each of the 89,177,000 full-time private-sector workers that, according to the Census Bureau, were in the United States in...
  • A good explanation of the 'real' unemployment rate

    10/13/2014 1:25:39 PM PDT · by SeekAndFind · 8 replies
    American Thinker ^ | 10/13/2014 | Rick Moran
    Everyone who isn't an Obamabot (Paul Krugman) or above the age of 5 knows that the current "official" unemployment rate of 5.9% is bogus. The real number that counts is the labor participation rate which has been shrinking for more than 5 years.Why is the labor force participation rate important? Ken Braun of MLive has very clear explanation: The U.S. “civilian noninstitutional population” - the total count of civilian adults - grew by 217,000 in September, according to the latest jobs report from the U.S. Department of Labor. Those new entrants represent immigrants, young people coming of age, military personnel...
  • Study: Obamacare to shrink labor market more than previously thought

    10/09/2014 1:07:54 PM PDT · by ThethoughtsofGreg · 5 replies
    American Legislator ^ | 10-9-14 | Sean Riley
    In a new working paper from the Mercatus Center, University of Chicago economist Casey Mulligan projects that the Affordable Care Act will reduce weekly employment per person by 3 percent, or roughly 4 million full-time-equivalent workers. These new estimates are significantly higher than the 2.5 million reduction in labor supply estimated by the Congressional Budget Office earlier this year. To be clear, a reduction in labor supply differs from a reduction in labor demand—a distinction many failed to recognize when the CBO first released estimates. It is not the case that the ACA will necessarily forces employees out; rather, the...
  • Mike Pence: Solutions Come From the States – Not Federal Government

    10/10/2014 12:59:47 PM PDT · by ThethoughtsofGreg · 10 replies
    American Legislator ^ | 10-8-14 | Mike Pence
    Over the last several decades, Washington has passed laws and promulgated regulations that diminish the ability of states to govern as envisioned by our nation’s founders. Meanwhile, across this great nation, governors are balancing budgets, reforming and reducing taxes, reducing the state regulatory burden and implementing novel programs to serve their citizens. In many respects, governors are doing this despite roadblocks put up by the federal government and bureaucrats in Washington. There is only so much that we can do at the state level. Federal regulations drive the costs of goods and services and those costs are then born by...
  • Minnesota job vacancies hit 13-year high in second quarter

    10/10/2014 5:30:32 AM PDT · by TurboZamboni · 18 replies
    Pioneer Press ^ | 10-9-14 | Tom Webb
    Minnesota job vacancies hit a 13-year high in the second quarter, with employers reporting nearly 84,700 job openings, state officials said Thursday. The Minnesota Department of Employment and Economic Development (DEED) said about 56 percent of those job openings were in the seven-county Twin Cities area, with 44 percent in Greater Minnesota. Over the past year, outstate areas posted the strongest job growth. DEED said the most common job vacancies were in the fields of health care and social assistance (19 percent of the total), retail (15 percent), accommodation and food service (12 percent), manufacturing (8 percent) and educational services...
  • Union Workers Protest Obama's EPA Regs: 'Don’t Even Mention His Name'

    10/09/2014 10:36:06 AM PDT · by jazusamo · 25 replies
    CNSNews ^ | October 9, 2014 | Ali Meyer & Craig Millward
    (CNSNews.com) - The United Mine Workers of America held a rally Tuesday in Washington, D.C., to protest Environmental Protection Agency regulations that they claim would destroy the nation’s coal industry and coal-related jobs while doing nothing to address climate change. On Tuesday, current and retired workers convened at Freedom Plaza, then marched to EPA offices to protest EPA’s proposed Clean Power Plan, part of President Obama’s larger climate-change agenda, which aims to cut carbon pollution by imposing state-by-state emissions standards and fines for failure to meet those standards. CNSNews.com asked protesters, “If you could tell President Obama anything about these...
  • The Not-Credible Shrinking Unemployment Rate: Is government deliberately misclassifying job seekers?

    10/09/2014 8:25:42 AM PDT · by SeekAndFind · 10 replies
    Pajamas Media ^ | 10/09/2014 | Tom Blumer
    Republicans and conservatives frustrated with the GOP’s failure to nationalize this year’s midterm elections received a gift last week from, of all people, President Barack Obama. Going completely unappreciated is how his Department of Labor, particularly its Bureau of Labor Statistics, has from all appearances been conducting a de facto midterm election campaign with cooked unemployment figures for quite some time.On October 2, Obama did the job elected Republican leaders up to that point had failed to do. Speaking at Northwestern University, he told his audience [1]: ”I am not on the ballot this fall. … But make no...
  • Jobless claims in the US fall to an eight-year low:

    10/09/2014 8:11:56 AM PDT · by SeekAndFind · 18 replies
    CS Monitor ^ | 10/09/2014
    Jobless claims by American workers for unemployment benefits fell by 1,000 to 287,000 last week, a sign that US employers are hanging on to workers. Jobless claims are currently lower than they were before the country's economic crisis began. The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market. Initial claims for state unemployment benefits dropped 1,000 to a seasonally adjusted 287,000 in the week ended Oct. 4, the Labor Department said on Thursday. The data adds...
  • Dems in Race Against Reality on Economy, History and Healthcare

    10/09/2014 6:02:54 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | October 9, 2014 | John Ransom
    Hot news: The Dems are in a race against reality. Which Dems and which reality will win are the only questions. Unfortunately this is a multiple-choice question and all of the answers are correct. A, B, C, or all of the above work just as well. Let’s start with the question (A) about the Federal Reserve Bank (Dem), interest rates and the economy. Yesterday was a great day in the market because easy money is here to stay…and least for a little while. And as long as interest rates stay low, the market goes up…at least for a little while.There...
  • 5 mysteries of US job market waiting to be solved

    10/09/2014 5:22:36 AM PDT · by TurboZamboni · 18 replies
    Pioneer Press ^ | 10-2-14 | Christopher S. Rugaber
    WASHINGTON (AP) — Just how healthy is the U.S. job market? Despite steady hiring and falling unemployment, the question has provoked sharp debate and considerable uncertainty on the eve of the September jobs report. Will millions without jobs who aren't looking for one eventually start looking? Why aren't companies filling more of their openings? Why can many people find only part-time work? Much of the uncertainty flows from a big question: Does today's 6.1 percent unemployment rate, far below the 10 percent it hit in 2009, mean the job market is near full health? Or does the unemployment rate overstate...
  • Manufacturing Rebound Puts Michigan Back in the Ballgame

    10/07/2014 10:32:19 AM PDT · by MichCapCon · 7 replies
    Michigan Capitol Confidential ^ | 10/3/2014 | Tom Gantert
    Manufacturing in Michigan has made a comeback. Following a decade of slumps and dips, the increase in manufacturing jobs in the state is outpacing the nation as a whole and in terms of the actual number of manufacturing jobs the state is poised to surpass Illinois. “Michigan lost a lot of manufacturing jobs from 2000 to 2009,” said James Hohman, assistant director of fiscal policy with the Mackinac Center for Public Policy. “But since then there has been a robust increase in manufacturing employment. This is true in comparison to both the United States as a whole and Illinois in...
  • Poll: Most Americans label Obama presidency a failure

    10/07/2014 4:38:18 AM PDT · by IBD editorial writer · 28 replies
    Investor's Business Daily ^ | 10/6/2014 | John Merline
    In another sign of President Obama's deteriorating public support, more than half of Americans now say that he is failing as president, the latest IBD/TIPP poll finds. The poll, which ended Friday, found that 53% characterize Obama's presidency as a failure vs. 41% who rate it a success. Just 6% say that they aren't sure. Obama's standing among independents is even worse, with 58% calling his presidency is a failure. Half of those who live in states that voted for Obama say that his presidency is failing.
  • Why are people leaving the workforce?

    10/06/2014 10:42:21 AM PDT · by SeekAndFind · 67 replies
    CBS News ^ | 10/06/2014 | Kim Peterson
    America's jobs picture is seeing huge improvement, with robust numbers that are giving investors confidence in the economy. The U.S. added 248,000 jobs last month, bringing the unemployment rate below 6 percent. But one part of that picture is still a puzzle: People continue to stop looking for work, and in doing so, are dropping out of the labor pool. In fact, the participation rate in the labor force has fallen to 62.7 percent -- its lowest level since early 1978. How can this be? As the job market heats up and the unemployment rate falls, wouldn't that mean more...
  • Under 6 Percent Unemployment Rate May Really Be Double? Economic Experts Explain Why

    10/06/2014 9:27:32 AM PDT · by SeekAndFind · 6 replies
    Ch ^ | 10/06/2014 | Samuel Smith
    While people celebrate the fact that America's unemployment rate has fallen below six percent for the first time since 2008, some economic experts say not so fast and point out the discrepancy between the unemployment rate and the number of unemployed persons. The Bureau of Labor Statistics data released its unemployment summary for the month of September on Friday and found that the country's overall unemployment rate decreased by 0.2 percentage points to 5.9 percent, the lowest the rate has been since July of 2008. Additionally, employers added approximately 248,000 jobs in the month. American Enterprise Institute resident scholar in...
  • There's A Huge Difference In Public Sector Jobs Under Obama Vs. The Presidents Who Came Before Him

    10/06/2014 8:32:28 AM PDT · by SeekAndFind · 5 replies
    Business Insider ^ | 10/06/2014 | Joe Weisenthal
    If you think the Obama administration has been characterized by a big expansion of government employment, you're wrong.Bill McBride at Calculated Risk has updated his charts of public sector payrolls under President Barack Obama and his recent predecessors.Calculated Risk As you can see, it's not even close.Obama in the dark blue line has seen a sustained and violent slump in public sector employment since he became president, and we're not even close to closing the gap.Reagan had a brief decline in public sector employment, but it came back fast. All the other presidents saw only gains on this measure.
  • Record 92,584,000 Not in Labor Force; Participation Hits 36-Year Low

    10/05/2014 8:22:12 AM PDT · by Olog-hai · 19 replies
    Cybercast News Service ^ | October 3, 2014 - 9:19 AM | Ali Meyer
    A record 92,584,000 Americans 16 and older did not participate in the labor force in September, as the labor force participation rate dropped to 62.7 percent, a level it has not seen in 36 years, the Bureau of Labor Statistics reported on Friday. Six times in the last twelve months, the participation rate has been as low as 62.8 percent; but September’s 62.7 percent is the lowest since February of 1978. The participation rate is the percentage of the civilian non-institutional population who participated in the labor force by either having a job or actively seeking one. Those not in...
  • NBC’s Mitchell Makes Painful Admission: She Agrees with ‘Partisan’ Reince Priebus

    10/06/2014 1:24:17 AM PDT · by Cincinatus' Wife · 23 replies
    NRO - The Corner ^ | October 5, 2014 | Brendan Bordelon
    NBC’s Andrea Mitchell struggled to get something off her chest during Sunday’s Meet the Press.... ......“You know — I’m not echoing Reince Priebus, because he is obviously partisan, and that’s his job,” she said haltingly. “But if you look at all the reporting from the jobs data on Friday reported that participation rates are at historic lows, decades lows. Fifty-nine percent are not involved in the labor force. That’s just not a sustainable recovery.”
  • GOP Refusal to Extend Unemployment Benefits Leads to Job Growth

    10/04/2014 9:56:11 AM PDT · by John Semmens · 1 replies
    Semi-News/Semi-Satire ^ | 3 Oct 2014 | John Semmens
    A study published by the New York Federal Reserve found that the number of job openings rose by an estimated 20% in the six months following the lapse of the federal government's extended unemployment benefits. The lapse occurred because the Republican controlled House refused to vote to extend the benefits. Fatih Karahan, one of the authors of the study, cited the "mutually reinforcing effects of decreasing the burden on businesses to fund the benefits and decreasing the incentives of recipients to shun employment. If your tax burden of supporting benefits declines you can afford to hire more workers. Similarly, if...
  • Recent Job numbers favor Democrats

    10/04/2014 7:40:14 AM PDT · by SeekAndFind · 33 replies
    New York Post ^ | 10/04/2014 | John Crudelle
    Advantage, Democrats — unless the 248,000 new jobs in September suddenly force Republicans to go on the offensive. I will explain in a second what the Republicans’ next move could be. But first, you may have read that the Labor Department on Friday, in its last jobs report before the mid-term elections, revealed that job growth and the unemployment rate both improved nicely in September — in fact, better than I expected. That’s going to make the Republican battle to take over the Senate a lot harder because issue No. 1 with Americans is the economy. Jobs = votes. In...
  • 4 Of 5 Top Job Additions In September Were Low Or Minimum Wage

    10/03/2014 5:02:50 PM PDT · by Perdogg · 4 replies
    Interested why despite the euphoric headline NFP print, a cursory glance deeper inside the payrolls report reveals weakness after weakness, with both participation plunging again and wages the worst since last summer?
  • Who Needs Work When We Have Obama?

    10/04/2014 4:18:48 AM PDT · by Kaslin · 25 replies
    Townhall.com ^ | October 4, 2014 | John Ransom
    While many will be giddy because the BLS reported that job creation came in at 248,000, well above analysts expectations-- and because unemployment ticked down to 5.9 percent-- make no mistake: this is still a bad job market.ThatÂ’s because another 315,000 people left the labor force last month. When adding in the numbers of people who entered the civilian population (217,000) job creation is hardly keeping up with population growth.The job gains, in fact, are not much better than in previous years. When one accounts for part-time work, discouraged workers and those who have dropped out of the labor force...
  • Where The Rising Wages Are?

    10/03/2014 7:13:47 AM PDT · by SeekAndFind · 5 replies
    Zero Hedge ^ | 10/03/2014 | Tyler Durden
    With the September jobs report, perhaps one of the most irrelevant monthly updates from the BLS in a long time, due out in less than half an hour, BofA's Chart of the Day looks at what has become the most sticky issue in the monthly jobs report of late: where the inflation-adjusted income growth, or lack thereof, can be found. What it finds is that the average American can still hope for rising real wages: they just have to be massively underwater on unrepayable student debt. To wit:  As of 2013, the median income for college graduates was about $80,000...
  • 4 Of 5 Top Job Additions In September Were Low Or Minimum Wage

    10/03/2014 7:09:52 AM PDT · by SeekAndFind · 14 replies
    Zero Hedge ^ | 10/03/2014 | Tyler Durden
    div class="content">Interested why despite the euphoric headline NFP print, a cursory glance deeper inside the payrolls report reveals weakness after weakness, with both participation plunging again and wages the worst since last summer? Here is the answer: 4 of the top 5 largest job additions in September, retail trade, leisure and hospitality, education and health and temp help, were of the lowest quality, and paying, jobs possible. So yes, America added a whole lot of minimum wage waiters, store clerks, groundskeepers and temps: truly the stuff New Normal "recoveries" are made of.
  • U.S. unemployment rate drops to 6-year low at 5.9%

    10/03/2014 7:05:04 AM PDT · by SeekAndFind · 74 replies
    CRAIN's CLEVELAND BUSINESS ^ | 10/03/2014 | SCOTT SUTTELL
    The U.S. unemployment rate is below 6% for the first time in more than six years. The U.S. Bureau of Labor Statistics reported Friday morning, Oct. 3, that the economy added 248,000 jobs in September, pushing the unemployment rate down to 5.9% from 6.1% in August. The unemployment rate hadn’t been below the 6% mark since July 2008, according to BLS historical data. Employment increased most strongly in professional and business services, retail trade and health care, the government said. The government said the number of people unemployed in September declined by 329,000 to 9.3 million. During the last year,...
  • The 25 Worst Jobs For Salary Growth

    10/02/2014 1:49:47 PM PDT · by SeekAndFind · 11 replies
    Business Insider ^ | 10/02/2014 | Emmie Martin
    We recently laid out the best jobs for pay raises and growth — a new report from financial tools startup SmartAsset. While half of the top 10 careers were in healthcare — showing that these professionals can easily and quickly move up and make more — a recent report from PayScale found that this most definitely isn't an industry-wide trend. In fact, healthcare jobs dominated PayScale's list of the worst professions for salary growth. To compile its ranking of jobs with the slowest salary growth, PayScale examined the median pay for over 2,000 professions over a 20-year period. They found...
  • U.S. Weekly Jobless Claims Unexpectedly Drop To 287,000 [4th straight week below 300,000]

    10/02/2014 6:42:41 AM PDT · by SeekAndFind · 21 replies
    RTT News ^ | 10/02/2014
    First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 27th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 287,000, a decrease of 8,000 from the previous week's revised level of 295,000. The pullback came as a surprise to economists, who had expected jobless claims to climb to 297,000 from the 293,000 originally reported for the previous week. The Labor Department said the less volatile four-week moving average also edged down to 294,750, a decrease of 4,250 from the previous week's revised average of 299,000. With...
  • Top VA Official Conspired With Her Married Boyfriend To Thwart Investigations

    09/30/2014 3:45:23 PM PDT · by afraidfortherepublic · 12 replies
    The Daily Caller ^ | 9-30-14 | Tristyn Bloom
    A recent investigation has uncovered a shocking tale of corruption and adultery at the Department of Veterans Affairs. Susan Taylor, a longtime federal employee and Deputy Chief Procurement Officer at the Veterans Health Administration since 2010, not only used her position to award government contracts to a former business partner, and worked with said company to hide the thousands and thousands of dollars it was making off the government, but conspired with her married boyfriend — who also had close personal ties to the company — to thwart investigations into her misconduct. The salacious story began in 1994, when Taylor...
  • The Great Recession: The financial crisis that keeps on giving

    09/29/2014 2:01:22 PM PDT · by SeekAndFind · 6 replies
    Los Angeles Times ^ | 09/29/2014 | SCOTT MARTELLE
    The Great Recession has lasted a lot longer for some than for others. A new survey from Rutgers University’s John J. Heldrich Center for Workforce Development found that “one in five workers - or nearly 30 million people - say they were laid off from a job in the past five years," dating back to the end of the recession in June 2009. "Nearly 4 in 10 of these laid-off workers say they searched for a job for more than seven months before finding another one; one in five workers laid off during the past five years never found another...
  • 1 in 4 Americans 25-54 Not Working

    09/26/2014 10:07:01 AM PDT · by george76 · 20 replies
    Weekly Standard ^ | Sep 26, 2014 | DANIEL HALPER
    There are 124.5 million Americans in their prime working years (ages 25–54). Nearly one-quarter of this group—28.9 million people, or 23.2 percent of the total—is not currently employed. They either became so discouraged that they left the labor force entirely, or they are in the labor force but unemployed. ... Those attempting to minimize the startling figures about America’s vanishing workforce—workplace participation overall is near a four-decade low—will say an aging population is to blame. But in fact, while the workforce overall has shrunk nearly 10 million since 2009, the cohort of workers in the labor force ages 55 to...
  • Jobless claims rise 12K, but it's good news for the labor market (Actual Headline)

    09/25/2014 8:50:55 AM PDT · by nhwingut · 7 replies
    The number of Americans filing new claims for unemployment benefits rose less than expected last week, suggesting an acceleration in job growth in September.
  • Hedge Fund Manager Kyle Bass: Unemployment Rate Is 'Rigged', Closer to 11%

    09/24/2014 2:46:20 PM PDT · by SeekAndFind · 10 replies
    Real Clear ^ | 09/24/2014
    America's unemployment rate as measured by the Labor Department vastly underrepresents the number of Americans actually out of work, hedge fund manager Kyle Bass told CNBC. Earlier this month, the government said the nation's unemployment rate fell to 6.1 percent in August, while job growth cooled with just 142,000 nonfarm payrolls added. "Look at unemployment, the way it's calculated is it's semi-rigged," he argued in a "Squawk Box" interview. "It will trend down to the 5 percent range just because people stop looking for a job." "If you take everyone that has dropped out of the workforce since the beginning...
  • Welcome To The Oligarchy – US Leads The Developed World In Low Wage Jobs

    09/24/2014 5:38:05 AM PDT · by Enlightened1 · 7 replies
    Zero Hedge ^ | 09/24/14 | Tyler Durden
    In an apparent attempt to advise investors on how they can take advantage of America’s transformation into a neo-feudal oligarchy in a 50-page research report, Morgan Stanley has put together some very interesting charts.. We will be sharing many of them in the next few days but none is more telling and depressing than the one that shows how the U.S. leads the developed world in the share of low wage jobs...
  • An Idiotic Government with Idiotic Goals

    09/18/2014 7:42:08 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | September 18, 2014 | John Ransom
    For folks who are trying to ignite inflation, this sure isn’t working out very well. It’s been hoped by the country’s central bankers that the massive quantitative easing program along with near-zero interest rates will touch off a wave of inflation that if not exactly the same thing as boom times, will at least give the appearance of a strengthening economy. However, month after month inflation in the goods that the Fed cares about seems muted. Now this month we had the horrid news that official inflation numbers are falling not rising.
  • U.S. initial jobless claims fall by 36,000 to 280,000 last week

    09/18/2014 6:27:18 AM PDT · by SeekAndFind · 19 replies
    Investing ^ | 09/18/2014
    The number of people who filed for unemployment assistance in the U.S. last week fell to the lowest level since mid-July, fuelling optimism over the strength of the labor market, official data showed on Thursday. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending September 13 decreased by 36,000 to a seasonally adjusted 280,000 from the previous week’s revised total of 316,000. Analysts had expected jobless claims to fall by 11,000 to 305,000 last week. Continuing jobless claims in the week ended September 6 fell to 2.429...
  • Military Vets Targeted by Sophisticated Job Scheme

    09/17/2014 4:26:55 PM PDT · by huldah1776 · 3 replies
    NBC Bay Area News Online ^ | Sept 17, 2014 | Vicky Nguyen, Liza Meak, Jeremy Carroll and Felipe Escamilla
    Mark Blum served his country for eight years in the Air Force. When he left the military, he had high hopes the skills he learned as a logistical advisor would help him land a new career in civilian life. Instead, he says, he was taken in by an elaborate online employment scheme that has financially ruined him. Blum posted his profile on LinkedIn, which led to an email from a woman identifying herself as Betty Blake from Blue Line Network. “The very first contact with me was, 'We’re looking to hire ex-military people because of their attention to detail,”' Blum...
  • Obama's Illinois: Food Stamp Growth Exceeds New Jobs

    09/17/2014 3:41:34 PM PDT · by raptor22 · 12 replies
    Investor's Business Daily ^ | September 16, 2014 | IBD EDITORIALS
    Economy In Crisis: A new study by the Illinois Policy Institute shows in the past four years, the number of new food-stamp recipients in the state has outpaced new jobs nearly 2-to-1. Illinois Democratic Gov. Pat Quinn, locked in a tight re-election battle with self-made billionaire Republican Bruce Rauner, has been arguing that Illinois, arguably the bluest of blue states, has turned the fiscal corner and is on its way back. The recovery may be slower than Quinn wants it to be — but, he says, it is real. It is an odd recovery, though, that makes more people dependent...
  • Few Americans Want More Gov't Regulation of Business [Gallup Poll: Republicans Ignoring the Issue]]

    09/16/2014 3:56:57 PM PDT · by SoFloFreeper · 8 replies
    Gallup ^ | 9/15/14 | Frank Newport
    About half say there is too much regulation; 22% say there is too little .....From 2003 through the remainder of the George W. Bush administration, however, these attitudes settled into a pattern in which Americans were more likely to say there was too much rather than too little government regulation of business. After Barack Obama took office in 2009, the percentage saying "too much" regulation rose into the high 40s, including a reading of 50% in 2011, and has remained at these relatively high levels since. Less than a quarter of Americans have perceived in the last two years that...
  • World's first 3-D printed car takes test drive [Eventual Doom of UAW?]

    09/16/2014 6:56:45 AM PDT · by SoFloFreeper · 70 replies
    WYFF-TV ^ | 9/16/14 | Sean Lewis
    In a matter of two days, history was made at Chicago's McCormick Place, as the world's first 3-D printed electric car -- named Strati, Italian for "layers"-- took its first test drive. "Less than 50 parts are in this car," said Jay Rogers from Local Motors.
  • Damn the Soviet Style, One Party American Political System

    09/16/2014 5:44:58 AM PDT · by The_Media_never_lie · 32 replies
    Self | September 16, 2014 | self
    Yesterday I passed through Upstate South Carolina. Spartanburg is a very friendly, smaller city. It is not at all unusual to strike up a conversation with an absolute stranger in this generally congenial environment. While refueling the car, I was approached by a 50ish black gentleman who commented that the United States was becoming Mexico. He said Mexican workers were everywhere and that he was an independent contractor struggling to survive. He said he likes Mexican people and they are hard workers, but they were making it impossible to earn a living. Said he worked hard all his life, and...
  • Don't Believe President Obama's Hype About An Engineer 'Shortage'

    09/15/2014 3:26:55 PM PDT · by SeekAndFind · 80 replies
    Forbes ^ | 09/15/2014 | John Tamny
    [SNIP] All of which brings us to the latest popular lament among pundits, politicians, and even some in the business world: the perceived lack of engineers and/or ‘STEM’ (science, technology, engineering, and mathematics) graduates. President Obama has said “We need more engineers,” so has Hillary Clinton, and then Lockheed Martin executive Stephanie Hill recently stated that “we’ll lose” if we don’t produce at least 1 million more ‘STEM’ grads. About all the handwringing, readers can relax. Indeed, there’s nothing to this story or alleged shortage. Price signals work. They always do, and they do because one of the underlying purposes...
  • The Politics of Giving Your Child a Black Name

    09/15/2014 3:34:00 AM PDT · by 2ndDivisionVet · 132 replies
    Politic365 ^ | December 30, 2011 | Jeneba Ghatt
    Yesterday, New York City Department of Health revealed that the number one name Black parents applied to their baby girls was Madison, a name historically and traditionally given by White parents. By contrast, the number one boy name was Jayden, often considered a typical “Black name.” The juxtaposition of the contrast is striking. It is no hidden secret that many Blacks in America for decades have struggled with the decision of whether to name their children a traditional African or African American name. The decision is based on how much they want to give away the race of their children...
  • Ferguson job fair attracts 5,000

    09/14/2014 9:14:49 AM PDT · by 2ndDivisionVet · 29 replies
    The St. Louis Post-Dispatch ^ | September 14, 2014 | Stephen Deere and Joel Currier
    FERGUSON • In less than half an hour, thousands of people arrived, dressed in jeans and suits, with their résumés in hand. The line to get into a room where dozens of potential employers sat waiting was at least 45 minutes long. A job fair sponsored by the Urban League of Metropolitan St. Louis on Saturday drew about 5,000. The event, held at St. Louis Community College’s Florissant Valley campus, was supposed to end at 2 p.m. But it ran more than an hour long just so everyone who had waited in line could interview. Damon Williams, 38, said frustration...
  • Job, Resource Fair to Be Held in Ferguson Saturday

    09/13/2014 8:13:23 AM PDT · by 2ndDivisionVet · 64 replies
    KMOX-AM ^ | September 12, 2014 | Carol Daniel
    FERGUSON, Mo. (KMOX) - The protests and riots in Ferguson highlighted what many already knew—residents in many North St. Louis county towns are facing unemployment, poverty and lack of educational achievement. Organizers say a job and resource fair on Saturday, Sept. 13 is designed to tackle those issues. “We’re all alarmed by the situation and events that are happening, but I’m hoping that out of that something good can come out of it, and that’s getting people jobs and getting folks back into the educational setting,” says St. Louis Community College-Florissant Valley Interim President Ruby Curry. The Urban League of...
  • The Post Obama Recovery Begins Here

    09/13/2014 5:14:39 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | September 13, 2014 | John Ransom
    If Americans want some cheap fuel for the economy, it would be best to vote GOP this time around because only the GOP has a plan for inexpensive, reliable domestic energy production. Combined with a lifting of restrictions on exportation of unrefined oil, fuel prices could be significantly lower than they are now. And where they are now—lower—has helped the economy greatly in the last month. For years I’ve puzzled over how so many Americans have lost the connection between inexpensive, reliable energy sources and a robust economy. But this month’s retail sales numbers make the connection clear. Retail sales...
  • Germany opens doors to immigrants to fuel economy

    09/12/2014 7:57:10 AM PDT · by Lowell1775 · 5 replies
    The Washington Times ^ | 9-11-2014 | Nele Obermueller
    BERLIN — When Marie Duness-Rose, 39, immigrated to Germany from Bulgaria 10 years ago, she left a lot behind, she says. But now she holds a management degree and runs a thriving bistro serving Balkan food in a popular neighborhood in Berlin. She is one of about 6.2 million non-German citizens in the country and one of about 15 million — or 19 percent of the total population — who are not ethnically German. That percentage is one of the highest proportions of immigrants in any European country, and it is not expected to decrease any time soon. Last month,...