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Keyword: unemployment

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  • Hillary Clinton's plan to tax and wipe out the middle-class

    08/06/2016 10:52:15 AM PDT · by mainestategop · 20 replies
    https://www.youtube.com/watch?v=qU__9f0kEb0&feature=gp-n-y&google_comment_id=z13ltx55tpb0jd4s322jgxtrzletuvjlg Hillary Clinton plans to raise taxes for the workers the affluent and middle class. Pay roll taxes and national sales taxes for workers, Higher income taxes for the rest with the middle class bearing the brunt of these taxes. With commentary by Mike Savage Also get a load of some of the people who are gonna benefit the most from these new taxes, yokels, alcoholics, potheads, anarchists, thugs and crazies!
  • Here's what the real unemployment rate looks like

    08/05/2016 11:44:06 AM PDT · by BenLurkin · 12 replies
    cnbc ^ | 08/05/2016
    The U.S. unemployment rate remained at 4.9 percent in July, the Labor Department said Friday. But relying on that one number as an indicator of the job market is an oversimplification of the complicated world of employment. Each month on jobs Friday, the Labor Department's Bureau of Labor Statistics puts out a slew of employment-related data, each of which tells its own story about the jobs situation. Most economists look past the official unemployment rate — also known as the "U-3" number — to other metrics that provide other views of the state of jobs. One of those figures is...
  • We're No. 1: Unemployment in Michigan Fell Faster Than Anywhere Else

    08/02/2016 5:57:05 AM PDT · by MichCapCon · 14 replies
    Michigan Capitol Confidential ^ | 7/29/2016 | Tom Gantert
    Michigan’s unemployment rate has been heading in the right direction – down – faster than any other state's rate since the official end of the Great Recession in June 2009. Unemployment in the state peaked at 14.9 percent in June of 2009. But as of last month, the Michigan jobless rate was at 4.6 percent by the National Bureau of Economic Research, a decline of more than 10 percentage points. From April 2006 through May 2010, or 49 months in a row, Michigan had the nation’s highest unemployment. The state is now ranked 24th instead of first for the percentage...
  • Who's on first?

    07/27/2016 3:36:02 PM PDT · by Osage Orange · 17 replies
    me ^ | unknown | unknown
    Absolutely Brilliant ! ! ! COSTELLO: I want to talk about the unemployment in America. ABBOTT: Good Subject. Terrible Times. It's 5.6%. COSTELLO: That many people are out of work? ABBOTT: No, that's 23%. COSTELLO: You just said 5.6%. ABBOTT: 5.6% Unemployed. COSTELLO: Right 5.6% out of work. ABBOTT: No, that's 23%. COSTELLO: Okay, so it's 23% unemployed. ABBOTT: No, that's 5.6%. COSTELLO: WAIT A MINUTE. Is it 5.6% or 23%? ABBOTT: 5.6% are unemployed. 23% are out of work. COSTELLO: If you are out of work you are unemployed. ABBOTT: No, Obama said you can't count the "Out of...
  • Democrats Need to Stop Insisting That Everything Is Going Well

    07/24/2016 2:03:24 AM PDT · by 2ndDivisionVet · 54 replies
    Current Affairs ^ | July 23, 2016 | Nathan J. Robinson, editor
    Trivializing people’s problems and fears is not a good way to win support. Among members of the liberal press, the reaction to Donald Trump’s RNC acceptance speech has been almost unanimous. It was, they say, “grim,” “angry,” and “dark.” Trump painted a “Mad Max” picture of the United States, as a nation is crisis, beset by crime, terrorism, unemployment, and despair. This picture, say the commentators, is false. Trump exaggerated crime rates, which are actually going down rather than up. He scare-mongered about immigrants and terrorism, creating threats where there are none. And he suggested that the world is going...
  • 18 states see significant job gains, but unemployment rises

    07/22/2016 8:13:15 AM PDT · by BenLurkin · 5 replies
    WaPo ^ | 07/22/2016
    n Colorado, the rate jumped 0.4 point from May to a still-low 3.7 percent as more of its population began looking for work without being hired, a positive for the economy as it suggests greater optimism that these people will find jobs. A similar trend played out in five other states: Nevada and Oregon each saw a 0.3 percent increase, while rates went up 0.2 points in California, Maine and South Dakota. Those trends correspond with the national report that saw the unemployment rate rise from 4.7 percent in May to 4.9 percent as more workers started searching for jobs.
  • How socialist governments deal with unemployment: GENOCIDE

    07/12/2016 6:59:51 AM PDT · by mainestategop · 17 replies
    mainestategop ^ | Brian Ball and Reuban Ben Abraham
    One of the biggest arguments made by liberals in favor of socialist government is the lack of unemployment. Unemployment levels according to liberals was zero in the USSR under Stalin and in Germany under Hitler. You would think, "Gosh! All I have to do is give up my constitutional liberties and let the state take care of me and my problems are over!" But not so fast! It never occurred to supporters of socialism just how they were able to do it! They didn't do it by giving everyone a job that paid. They did it through the enslavement and/or...
  • The Truth: Obama’s Net Gain in Jobs Is a Negative 14 Million

    07/06/2016 7:40:44 AM PDT · by blueyon · 6 replies
    the gateway pundt ^ | 7/06/16 | Jim Hoft
    President Obama claimed on Tuesday during his campaign rally with Hillary Clinton that the US economy is in great shape and that he created 14 million jobs. As usual, with Obama, know that the opposite is probably closer to the truth. First of all, the US economy is not in great shape. If it was the Fed would be raising interest rates. Because the economy is not in great shape the Fed has again decided to delay raising rates. Obama will probably not raise interest rates through the end of his term with some estimates that the US will be...
  • Nearly half of U.S. workers consider themselves underemployed, report says

    06/29/2016 3:44:14 AM PDT · by george76 · 16 replies
    Chicago Tribune ^ | June 28, 2016 | Alexia Elejalde-Ruiz
    <p>Nearly half of U.S. workers consider themselves underemployed, according to a survey of more than 960,000 people by PayScale, an online provider of salary information.</p> <p>Three-quarters of those who label themselves as such say they're not working in a job that uses their education and training. One quarter say they are working part time but want full-time work.</p>
  • The Missing Men

    06/27/2016 7:03:21 PM PDT · by 2ndDivisionVet · 23 replies
    The Atlantic ^ | June 27, 2016 | Derek Thompson
    Millions of men in the prime of their lives are missing from the labor force. Could a big U.S. housing construction project bring them back? Something is rotten in the U.S. economy. Poor men without a college degree are disappearing from the labor force. The share of prime-age men (ages 25-54) who are neither working nor looking for work has doubled since the 1970s. The U.S.’s labor participation rate for this group of men is lower than every country in the OECD except for Israel (an outlier, because of the high number of non-working Orthodox Jewish men) and Italy (an...
  • Fewer low-income men are working

    06/19/2016 5:46:40 PM PDT · by 2ndDivisionVet · 46 replies
    CNN Money ^ | June 15, 2016 | Tami Luhby
    Men have been disappearing from the workforce for decades. But a closer look at the data reveals that lower-income men account for much of the change -- and that reflects a big problem with the economy. Only 69% of these men, ages 25 to 54, are employed, according to new research from the Brookings Institution. That figure was 80% in 1980. Among middle class and upper-income men, 92% are working, down only slightly from 94% in 1980....
  • Agency Directed by Obama to Perform Muslim Outreach Commissions Jobs Propaganda Posters for Mars

    06/19/2016 4:05:08 PM PDT · by DogByte6RER · 6 replies
    Mars.NASA.gov ^ | Mars.NASA.gov
    BE A MARTIAN! Mars needs YOU! In the future, Mars will need all kinds of explorers, farmers, surveyors, teachers . . . but most of all YOU! Join us on the Journey to Mars as we explore with robots and send humans there one day.
  • How Obama Has Made It Harder for Companies to Hire

    06/13/2016 4:38:51 AM PDT · by milton23 · 15 replies
    The Daily Signal ^ | 6/10/2016 | Patrick Tyrrell
    Government data released on Wednesday shows the number of private-sector job openings was at an all-time high in April. Companies, however, hired the fewest number of people on a seasonally adjusted basis in nine months. Why the disparity? The JOLTS (Job Openings and Labor Turnover Survey) data the government released show there were 5,289,000 private-sector job openings in April—114,000 more than in March. The government report also shows that private-sector hires declined by 169,000 compared to March. With private companies advertising so many job openings, why are they not filling them?
  • US unemployed have quit looking for jobs at a 'frightening' level: Survey

    06/08/2016 1:11:17 PM PDT · by 2ndDivisionVet · 24 replies
    CNBC ^ | June 8, 2016 | Jeff Cox
    Nearly half of unemployed Americans have quit looking for work, and the numbers are even worse for the long-term jobless, according to a poll released Wednesday that paints a grim picture of the labor market. Some 59 percent of those who have been out of work for two years or more say they have stopped looking, the Harris Poll of unemployed Americans showed. Overall, 43 percent of the jobless said they have given up, according to the poll released in conjunction with Express Employment Professionals, a job placement service. "This is a tale of two economies," Express CEO Bob Funk...
  • The lousy Obama economy is killing Hillary Clinton's hopes

    06/07/2016 6:54:33 AM PDT · by 2ndDivisionVet · 18 replies
    The New York Post ^ | June 5, 2016 | Charles Gasparino
    The case for an Obama third term, a.k.a. a Hillary Clinton presidency, just suffered a major blow. Indeed, Friday’s jobs report (or lack-of-jobs report) is just the thing Clinton feared most when she launched her presidential bid: namely, that Obamanomics, which boils down to the bizarre notion that higher taxes, more regulation and class warfare actually work, would begin to fully implode while she was forced into defending it on the campaign trail — or risk losing the president’s endorsement. The sickeningly weak job creation during the month of May (just 38,000 jobs when economists expected closer to 150,000) doesn’t...
  • Administration "Not Disappointed" with Job Numbers [semi-satire]

    06/06/2016 10:47:10 AM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 5 June 2016 | John Semmens
    Though the Bureau of Labor Statistics report for May showed an anemic 38,000 new jobs were created during the month and a record 94,708,000 Americans were not in the labor force, Obama Administration Press Secretary Josh Earnest insisted that "we are not disappointed with these numbers." "Those who can't grasp the President's goals for the transformation of this country harp on the point that 38,000 new jobs are far too few to accommodate this country's monthly 200,000 population increase," Earnest complained. "Likewise, they see the expansion of the contingent not in the workforce as a negative. They've got it exactly...
  • White people now finally excluded from the South African job market.

    06/06/2016 4:17:01 AM PDT · by SAT2014 · 58 replies
    South Africa Today ^ | South Africa Today
    The Broad-based Black Economic Empowerment (B-BBEE) Amendment Bill eliminates all white people including the disabled. “The definition of black people is now clear and aligned with the Constitution,” Tlhoaele said.... Read more on South Africa Today
  • Obama: Manufacturing Jobs Outsourced To Mexico Aren’t Coming Back

    06/05/2016 2:34:44 PM PDT · by 2ndDivisionVet · 49 replies
    Breitbart ^ | June 2, 2016 | Charlie Spiering
    President Barack Obama is giving up on some of the American manufacturing jobs that went to Mexico, telling an Indiana resident that many of those jobs are not coming back. During a town hall in Elkhart, Indiana, Obama was asked a question about manufacturing by a man who was once employed by Carrier Corporation in Indiana before the plant announced plans to move to Mexico. “What we have to do is to make sure that folks are trained for the jobs that are coming in now because some of those jobs of the past are just not going to come...
  • Record 94,708,000 Americans Not in Labor Force; Participation Rate Drops in May

    06/03/2016 6:44:58 AM PDT · by xzins · 28 replies
    CNS ^ | June 3, 2016 | Susan Jones
    A record 94,708,000 Americans were not in the labor force in May -- 664,000 more than in April -- and the labor force participation rate dropped two-tenths of a point to 62.6 percent, near its 38-year low, the Labor Department's Bureau of Labor Statistics reported on Friday. When President Obama took office in January 2009, 80,529,000 Americans were not participating in the labor force; since then, 14,179,000 Americans have left the workforce -- some of them retiring and some just quitting because they can't find work. "By almost every economic measure, America is better off than when I came here...
  • Payrolls Huge Miss: Only 38,000 Jobs Added In May; Worst Since September 2010 (gold price soaring)

    06/03/2016 5:43:42 AM PDT · by Zakeet · 86 replies
    Zero Hedge ^ | June 3, 2016
    If anyone was "worried" about the Verizon strike taking away 35,000 jobs from the pro forma whisper number of 200,000 with consensus expecting 160,000 jobs, or worried about a rate hike by the Fed any time soon, you can sweep all worries away: moments ago the BLS reported that in May a paltry 38,000 jobs were added, a plunge from last month's downward revised 123K (was 160K). The number was the lowest since September 2010! There is no way to spin this number as anything but atrocious.