Posted on 05/07/2021 12:05:55 PM PDT by knighthawk
President Joe Biden said disappointing job numbers showed the country still had a long way to go in building back the economy as he defended additional unemployment benefits that critics say are stopping people looking for jobs.
The Labor Department's April jobs report showed growth slowed unexpectedly last month, with employers adding only 266,000 workers.
Enhanced jobless benefits, including a $300 weekly supplement, pay more than many minimum wage jobs – a factor highlighted by business groups in explaining the sluggish growth.
(Excerpt) Read more at dailymail.co.uk ...
2. Let businesses open at 100%.
3.etc etc
California’s jobless claim backlog is growing again, sparking opposition to proposal for new agency
State lawmakers on Tuesday rejected a proposal by the governor to create a new state agency to improve working conditions in California, with opponents saying the state should first resolve serious problems that have delayed payment of unemployment benefits to many of those left jobless by the COVID-19 pandemic.
Legislators noted that efforts to reduce the backlog of claims not paid after 21 days have stalled in the last month. On April 3 there were 1.03 million claims in the backlog, but the number rose on April 24 to 1.05 million.
The more this administration says it needs to spend on the American people, the bigger the bulge in the politicians pockets/purses filled with money becomes.
Once this sht is inscribed as an entitlement through government, it becomes impossible to remove. Just like the way social security or what not was supposed to be temporary...
It took democrats to screw up the Trump miracle economy that even COVID didn’t destroy,
There are many job opportunities that pay MORE than minimum wage.
People just don’t want to work! It’s time to announce the cut off date for these large benefits payments. And guess what?
Many coming across the border are NOT working.
This ain’t the cream of the crop coming in.
Jobless stats are up, so let’s do more of the business destroying, economy killing actions that caused them in the first place. Yep, that’ll do’er.
The economy was recovering quite well until January 20th........................
“building back the economy”
Joe, the economy has changed.
Many retail stores and other business shut down for Covid control will never reopen. Many shopping malls will never again be profitable.
Many young homebuyers will shun poorly run “blue” cities for decades.
Two of our local McDonald’s are advertising a $500 sign-on bonus for new employees on their marquee. And we’re in a quiet ring county northeast of Pittsburgh which isn’t exactly booming and voted to elect DJT by better than a 2:1 margin.
Housing prices have been driven too high.
Housing material prices have been driven too high.
People have been priced out of the housing market by Federal Reserve meddling.
Why is it that most democrats use the same logic to fix the economy as a person drilling more holes in the bottom of a sinking boat thinking will let more water drain out.
They don’t want people looking for work because that would make the unemployment rate higher.
The reason our job market is now suffering stems from that fact that this nitwit lied, cheated and stole the one he currently has—which just so happens to be the most important position in the world.
We are on the way to a new Misery Index, double digit Unemployment, double digit Inflation and double digit Interest Rates.
How apropos it was that the BiteMes paid a visit to the other first couple (The Carters) who wreaked such devastation upon us.
My local Wal-Mart restocks shelves once a day.
When an item is sold out for the day, that’s it.
When wages become too high, goods remain unsold simply because it costs too much to put them on the store shelves.
It’s 3:30pm, most of what I want to buy will be unavailable.
High wages are causing shopper clustering. Shoppers hit the Wal-Mart between 11am and 2pm.
“Tomorrow is another day.”
They had to do it. Trump made the leftist look like idiots and that could not stand.
The best way to spur investment is to toss hundred dollar bills onto a 50 foot pile, set it on fire and then piss on it
It’s Friday.
To Joe that underscores the need for more spending.
just get out of the frickin way...
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