Keyword: jobs
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Countering the patriarchy argument, an extraordinary and remarkable natural experiment that demonstrates the lack of discrimination in the differences in pay between men and women was conducted by researchers at Stanford University using data from over one million Uber drivers. The results of the study show unequivocally that the “entire gap” can be explained by factors unrelated to discrimination: The Stanford team concludes: "Even in the absence of discrimination and in flexible labor markets, women’s relatively high opportunity cost of non-paid work time and gender-based differences in preferences and constraints can sustain a gender pay gap." A study by two...
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As of July 2024, the American economy had 7.7 million job openings. This is up from less than 5 million a decade ago. In a recent interview Mike Rowe, the well-known host of “Dirty Jobs” said the pressure on young people to get expensive college degrees combined with the “harebrained” decision to pull shop class out of high school has resulted in an enormous debt burden and a widening skills gap. Rowe believes many of the vacant positions are for what he calls “dirty jobs” — blue collar work that requires training and experience in the trades rather than the...
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Heralding an End to Indonesia’s War of Occupation Kim Peart17.12.11 4:45 amOne day an Australian Prime Minister may find the courage and resolve to fly to Washington and address the Congress and the President and inform them that we no longer agree with their policy on West Papua, that they are plain wrong to facilitate and support the ongoing Indonesian colonial occupation of western New Guinea, that the Papuan people of this territory deserve to be granted the free and fair vote that was stolen from them in the fraudulent plebiscite held in July 1969. Source
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What’s going on? The economy has slowed, fewer companies are hiring and businesses have less of a need for labor. Workers are now losing what was the most leverage they’d had in decades. Excluding the pandemic, the U.S. jobs market hasn’t seen such a seismic shift since the 2008-09 financial crisis, when conditions were even worse. “Full-time versus part-time employment is showing a big divergence, which tallies with the idea that the U.S. is adding largely lower-paid, part-time jobs and is losing full-time, well-paid jobs,” said James Knightley, chief international economist at ING.
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One of the things that is just so infuriating is when you look at the way Democrats and Republicans are treated in the media, in particular, Joe Biden and Kamala Harris versus former President Donald Trump. They are constantly telling lies and repeating hoaxes about Trump, yet the media not only doesn't call them out on it, they repeat it and spread the hoaxes without question. Then they say Trump lies. It's a constant propaganda war machine to indoctrinate the public. The good thing is now, with the rise of new and independent media, that we can push back against...
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On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chairman Jared Bernstein responded to the August jobs report by stating that “the market has an overreaction function. Today’s a pretty simple story, if you keep it down to its fundamentals, employment up, wages up, unemployment down, inflation down. Put that all together and it’s a recipe for continued growth, continued real gains, and I think an expansion that will persist.”
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Trying to nail down Joe Biden or Kamala Harris on the number of jobs they've "created" — the government does not create jobs; it can create economic conditions that can lead to job creation or job losses — during the last disastrous three-and-a-half years is like trying to nail Jell-O to the wall. However, the U.S. Bureau of Labor Statistics (BLS) jobs report for August, released on Friday, exposed far more troubling data and trends than the Biden-Harris administration would admit in a proverbial million years. Not only does it appear that the country is still shedding full-time jobs while...
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The U.S. economy hemorrhaged manufacturing jobs in August despite the Biden administration’s attempt to boost the industry with hundreds of billions of dollars in subsidies. The number of people employed in manufacturing in the U.S. fell by 24,000 in August, with the industry down 14,000 jobs year-over-year... Altogether, manufacturing employment has grown just 0.3% ... “All of the Biden-Harris administration claims on job creation are essentially false,” Peter Earle, a senior economist at the American Institute for Economic Research, told the DCNF. “Most of the rise in employment they are taking responsibility for are actually just jobs slowing returning after...
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Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction and health care. {snip} The change in total nonfarm payroll employment for June was revised down by 61,000, from +179,000 to +118,000, and the change for July was revised down by 25,000, from +114,000 to +89,000. With these revisions, employment in June and July combined is 86,000 lower than previously reported.
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Federal Reserve Chairman Jerome Powell, in his prepared speech at the recent Jackson Hole Economic Symposium, said: “It seems unlikely that the labor market will be a source of elevated inflationary pressures anytime soon. We do not seek or welcome further cooling in labor market conditions.”Have the central bank’s tightening efforts since March 2022 finally doused the red-hot, post-COVID-19 pandemic U.S. labor market?So far this year, the number of new jobs has totaled about 1.9 million, compared with 1.4 million in 2023. The unemployment rate is at 4.3 percent, compared with 3.5 percent.Over the past year, market watchers have observed...
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Fake job ads are proliferating online, with more companies admitting to posting realistic-looking job openings that don't actually exist. Forty-percent of companies said they have posted a fake job listing this year, according to a survey in May of 650 hiring managers from career site Resume Builder. Three in 10 companies currently have fake listings on their sites or on job boards, according to the survey.
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In today’s rapidly evolving job market, many job seekers find themselves perplexed by the abundance of job openings paired with the difficulty of securing employment. Despite reports from the Bureau of Labor Statistics indicating millions of job vacancies, the reality of landing a job has become increasingly challenging. This seeming contradiction has left many wondering, “If everyone is hiring, why can’t I get a job?” The answer lies in the complex dynamics of the modern hiring landscape, influenced by factors such as ghost jobs, automated screening processes, and economic uncertainty. The current job market presents a paradox. On one hand,...
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A group of Republican senators wants to know how President Biden’s Department of Labor severely overestimated the number of new jobs created over the past year — after the agency made its largest downward revision to US payroll figures since 2009. The revised figures from the Bureau of Labor Statistics (BLS), released last week, suggested that there were actually 818,000 fewer jobs during the 12 months ending in March than initially reported — an indication that the economy may be less robust than the White House is saying. That means that the actual job growth during that period was likely...
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The 2024 presidential election is just around the corner — and young employees are threatening to quit if their bosses express a political belief they disagree with. In fact, a new poll found that nearly half of workers under 35 say they’d quit a job over political differences at work. In an era of polarization, Americans have cut ties with partners, friends and even family members over political disagreements, but now it seems they’re even willing to leave a paycheck behind. It’s a sign that politics has become all-encompassing — and that there’s no place in society left that it...
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A new law protects workers from punishment for refusing to respond to work calls and emails from their employers outside work hours. The new rule, which came into force on Monday, means employees, in most cases, cannot be punished for refusing to read or respond to contacts from their employers outside work hours. Supporters say the law gives workers the confidence to stand up against the steady invasion of their personal lives by work emails, texts and calls, a trend that has accelerated since the Covid-19 pandemic scrambled the division between home and work. To cater for emergencies and jobs...
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New York Times economics columnist Paul Krugman has spilled much ink over the last year fawning over President Joe Biden's blazing jobs market, and now here comes the boomerang. In light of the latest bad news that the government vastly overestimated job growth — by a whopping 818,000 jobs — Krugman the blowhard lost all his air. That 818,000 figure is equal to about 30 percent of the jobs growth for the 12-month period ending in March 2024 and represents the largest revision in 15 years. Yet Krugman, during that twelve-month period, was caught up in his own self-medicated political...
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Another Biden-Harris Bureau of Labor Statistics scandal. Three banks quietly obtained key payroll data from the BLS as it delayed posting the jobs report for 30 minutes due to ‘technical issues’ on Wednesday. Wall Street was thrown into chaos and there was confusion at trading desks on Wednesday morning after the BLS failed to post its jobs report revealing nearly 1 million jobs vanished in the last year. The BLS was supposed to post its report online at 10 am ET. The report wasn’t posted until 10:30 am ET, however, at least three banks obtained the key payroll data as...
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during the Bush administration, Democrats accused the BLS of cooking the books to make Bush look good. Then under Obama, the accusation switched. It switched back again under Trump. Today, the estimate of new jobs created dropped by 818k. Biden and Harris cooked the books. This isn’t any different than Enron. They cooked the books during an election year to make themselves look good. The BLS went along with it. Shame on them. I was listening to the Joe Rogan/Peter Thiel podcast driving from Grand Marais to Duluth. I have to hop on a plane to Detroit. My mom is...
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Between the ongoing sugar hangover from their onanistic coverage of Obama Night at the 2024 Democratic National Convention, and the anticipation of speeches from President Bill Clinton and the Governor of Stolen Valor, the Regime Media evening newscasts mostly neglected to report on a piece of data that is potentially damaging to the electoral prospects of the Regime’s new figurehead- Vice President Kamala Harris. ABC World News Tonight was the sole network newscast to report on the Bureau of Labor Statistics’ massive downward revision of reported jobs- 818,000 fewer than previously reported. Here is that report in its entirety:
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During an interview with ABC News on Wednesday, Commerce Secretary Gina Raimondo, who appeared in her personal capacity, said that she was “not familiar with” the Bureau of Labor Statistics revising the number of jobs created down by over 800,000. Host Kayna Whitworth asked, [relevant exchange begins around 2:00] “I am curious as to your thoughts on today, the Bureau of Labor [Statistics] saying that more than 800,000 fewer jobs were actually created than initially reported. And I — we have a soundbite here…because Donald Trump is already addressing this on the campaign trail.”
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- Woohoo! And our fourth quarter FReepathon is now underway! Thank you all very much. God bless.
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