Posted on 01/22/2021 5:56:58 AM PST by The Houston Courant
Almost any U.S. employment snapshot looks grand compared with last April when COVID shutdowns rocketed joblessness to 14.8 percent. By December, the seasonally adjusted rate fell to 6.7 percent. So, everything zen? As the song goes, I don’t think so. Current unemployment is nearly double what it was in December 2019 and remains higher than at any point since March 2014. Neither the 2001 recession nor the 1990 downturn drove joblessness so high. And this doesn’t express the problem’s full magnitude. The effective unemployment rate, including those who have given up looking for work and those who involuntarily work part-time, is 11.7 percent, compared with 6.8 percent a year ago. Alas, this may be as good as it gets for a while: unemployment declined precipitously since its April peak but flattened after November.
Workers and job seekers hardly need more pressure. Yet the new president promises tons of it.
Joe Biden has spent mere days in the White House but has already used his administrative power to kill thousands of jobs, starting with 1,000 directly tied to construction of the Keystone XL oil pipeline whose permit he cancelled. Not only will this cost the U.S. many more jobs later on, while making transport of Canadian oil more expensive and less safe, it has already vexed America’s relationship with its closest ally and largest trading partner.
And while America should chiefly concern itself with the wellbeing of Americans, it’s worth noting how much this project meant to our northern neighbor. After congratulating Biden on his election last November, Canadian Liberal Prime Minister Justin Trudeau issued a press release declaring he “looked forward to further strengthening the Canada-U.S. relationship and to engaging on key issues, including… energy cooperation such as Keystone XL.”
(Excerpt) Read more at houstoncourant.com ...
No.
Get a job.
Yes, he’s sending jobs and the economy into a free-fall.
And it’s estimated that about 70% of new employment or return employment had some sort of huge pay cut involved with it. From career positions back to part-time minimum-wage starter jobs in a lot of cases.
Nothing was “fixed” as long as lockdowns were still around. The entire events, media, concerts, conventions, travel, sports, restaurants, bars and hotels industry is still basically shut down.
How many time do we have to hear that the greatest threat to our country, freedoms, and wellbeing is by far the 80%+ unconstitutional portion of FEDERAL GOVERNMENT and its unconstitutional acts and laws. THIS IS THE SWAMP AND THE DEEP STATE. NONE OTHER!
How many times do we have to hear that THE GOVERNMENT IS NOT YOUR FRINED before we believe it. Government was never created to “help” you, only to fend of those that would threaten you God-given freedoms via very limited power given to it by the Constitution.
Out rust now and forever MUST be in God, not man or his government.
Biden just got started with his Screw America First administration.
Plenty of OTR truck driving positions available if BiteMe mandates his commie mask diktat for the interstate highway system. Don’t see a Truck Driver wearing that crap for the 10 hours they drive during the DOT work day.
Is this another one where the person is only pimping his blog and never reply’s? Shouldn’t there be a way for us to confirm they are paying something to JimRob for the privilege.
It only took one day in office for Biden to start tanking this recovery.
I assume they will have federal mask sheriffs driving unmarked cars handing out tickets at truckstops.
Biden’s ball cap........”FUAA”.........F’ING UP AMERICA AGAIN!
Putin is opening the caviar and champagne in celebration of Biden being in the White House. No Keystone Pipeline, ban on fracking, here comes $100 per barrel oil. The Russian oligarchs will be rolling in cash. The Hunter Biden bribe is paying off.
Dark dark days are approaching FAST!😢 I miss my president Trump....GOD HELP US!
The build back better farce!! BBBF!!
Wait until gas prices skyrocket. The truckers will not be happy.
Today’s new truckers driving for the major OTR companies are too chickenshit. It’s no longer the bastion of conservatives.
I believe most OTR truckers are ex-cons.
Hi.
A repeat of 1812 would be interesting.
J/k.
5.56mm
look when you pass or are passed by trucks.
I’d say half the drivers are up there in the driver’s seat with a mask on.
Not sure if they are solo or team but com’on man.. that’s insane.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.