Keyword: obamajobs
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Back in 2015, the National Labor Relations Board under Barack Obama essentially redefined the word “employer†when talking about franchise agreements by altering definitions in what’s known as the joint employer standard. At the time, I looked over the final changes and simply concluded, “this is going to be bad.â€And it was bad. By allowing labor unions to hold franchisers like McDonald’s responsible for labor practices of their franchisees, despite having no direct control over those policies, they opened the door to all manner of lawsuits, government fines, and other mischiefs. Analysts at the time predicted that it would...
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{snip]The Bureau of Labor Statistics announced Friday that the U.S. economy added 164,000 jobs in April, pushing the unemployment rate down to 3.9 percent, the lowest since 2000. When asked on CNN’s “New Day” if Jarrett gives Trump credit for that, she deferred to giving Obama credit for starting the trend.“Look, I think we have to look at it over a longer horizon than that,” she said. “If you think about what the economy was like when President Obama took office, we were losing 750,000 jobs a month. Under his watch, the unemployment rate dropped in half and it’s encouraging...
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TRANSCRIPT: CAMEROTA: “The breaking news that we just had moments ago were the new job numbers, the lowest in anybody’s memory, 3.9 percent unemployment rate. It’s been 15 months of Donald Trump’s presidency. Do you give him credit for that?” JARRETT: “Look, I think we have to look at it over a longer horizon than that. If you think about what the economy was like when President Obama took office, we were losing 750,000 jobs a month. Under his watch the unemployment rate dropped in half and it’s encouraging to see that we’re continuing to make progress. We want to...
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Just over six years ago, in December of 2010, we wrote "Charting America's Transformation To A Part-Time Worker Society", in which we predicted - and showed - that in light of the underlying changes resulting from the second great depression, whose full impacts remain masked by trillions in monetary stimulus and soon, perhaps fiscal, America is shifting from a traditional work force, one where the majority of new employment is retained on a full-time basis, to a "gig" economy, where workers are severely disenfranchised, and enjoy far less employment leverage, job stability and perks than their pre-crash peers. It also...
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CNSNews.com) - A record 93,626,000 Americans 16 or older did not participate in the nation’s labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics. In June, according to BLS, the nation’s civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, hit 250,663,000. Of those, 157,037,000 participated in the labor force by either holding a job or actively seeking one. The 157,037,000 who participated in the labor force equaled only 62.6 percent of the 250,663,000 civilian...
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Six years ago this month, America cast its lot toward a young, first-term U.S. Senator from Illinois to lead the greatest nation in the world. His mesmerizing words and bold promises drew folks in by the millions. However, unless you're a bleeding heart liberal, you realize the social experiment of electing an unqualified, former professional antagonizer has been an economic disaster. The quantitative evidence, and it abundant, is overwhelming and ever-growing. ... In 2007, the average household income in America was $55,627. In 2014, that figure had slipped to $53,880 -- Americans earned less on average than they did seven...
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(snip) Now, I've heard the argument that says extending unemployment insurance will somehow hurt the unemployed because it saps their motivation to get a new job. I -- I really want to -- I want to go at this for a second. (Audience murmurs.) I -- you know, I -- (applause) -- that really sells the American people short. I meet a lot of people as president of the United States and as a candidate for president of the United States and as a U.S. senator and as a state senator. I -- I meet a lot of people. And...
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Shortly after the Senate narrowly cleared the first procedural hurdle to temporarily extend federal benefits to the unemployed, President Obama urged Congress to pass the bill and laid out the moral case to help poor and struggling Americans. “I just want everybody to understand this is not an abstraction,” said Obama, who was flanked by several who lost their benefits on Dec. 28 after Congress failed to act before leaving for the holidays. “…These are your neighbors, your friends, your family members, it could at some point be any of us. That’s why we set up a system of unemployment...
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Reuters) - President Barack Obama made a pitch on Friday to create jobs by fixing roads, dredging ports and modernizing the air traffic control system, urging Congress to focus on these investments as it tries to work out a budget deal by a January deadline. The visit the Port of New Orleans was an opportunity for Obama to focus on the economy and take attention away from the controversy around the launch of his signature healthcare insurance program, widely known as Obamacare.Obama pledged, however, to fix the malfunctioning Healthcare.gov website, and took a veiled jab at Louisiana's Republican Governor Bobby...
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"You're trying to go up and you're just going down," said protester Shantel Walker, 31, of Brooklyn who makes $7.25 working at a Papa John's in Manhattan. "All of us are in the same financial crunch. We're trying to take care of our families and our livelihood." The strikes mark the latest salvo in a nearly year-long battle to get not only higher wages but also an opportunity to unionize without facing retaliation from employers. . . . U.S. Labor Secretary Thomas Perez told The Associated Press the strikes were a sign of the need to raise the minimum wage....
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How much damage did Friday’s jobs report — the third disappointment in a row — do to Barack Obama’s re-election effort? It might take some time for the answer to be fully known, but one measure might be the reaction in the media. The Washington Post news report of Obama’s response to the worst jobs quarter in two years explicitly wonders whether Obama can maintain the position that his policies are doing anything to help, and whether he has any new ideas to break the country out of this stagnation: Obama’s message on his two-day bus tour through Ohio and...
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Solar-power startup Solyndra — one of the flagships of President Obama's efforts to create green-energy jobs — has shut down, and plans to file for bankruptcy. Solyndra received $535 million in federally guaranteed loans to expand, and Obama once visited the company's Silicon Valley factory to congratulate its workers on their bright future. But Solyndra says it just can't compete with cheaper solar panels from China, and now its 1,100 employees are out of work. Is this a "political catastrophe" for Obama, or just a painful setback in the transition to clean energy? Solyndra's collapse proves Obamanomics has failed: This...
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Just days after Teamsters President Jimmy Hoffa urged a union crowd to “take out” tea party “sons-a-bitches,” the White House is touting the union leader’s endorsement President Obama’s $447 billion jobs plan. The White House on Thursday forwarded a news release from the Teamsters saying that Hoffa applauded Obama’s measures. “Congress must pass President Obama’s plan now,” Hoffa said. “The jobs crisis is an American problem. It isn’t President Obama’s problem, and it isn’t a Republican or Democratic problem. All Americans need to come together to create good jobs for the good of our economy and the good of our...
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snip Basically, a government bank/lending institution would roll out in three ways: - The bank would funnel cash, via loans and grants, to infrastructure projects around the U.S. - The money would be earmarked mainly for road and rail projects -- a big national need, according to the White House. - The bank would augment government spending on "Big Dig"-type projects with loans and financing from the private sector. The White House hasn't made it clear how that would work, and what mixture of carrot or stick will define the incentives and rewards of the project, but historically private companies...
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President Obama is currently huddled with his advisors putting the finishing touches on his upcoming major “jobs” speech. Undoubtedly he feels some pressure to come up with a blockbuster program, especially given that this speech could make or break his chances in the 2012 election. But he need not worry, because he already has a perfectly good model for fixing our unemployment problem — his own ObamaCare health plan! Simply by varying a few features of ObamaCare, the president could guarantee nearly “universal” employment just as ObamaCare has guaranteed nearly “universal†health coverage. He could implement an “ObamaJobs” program as...
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When a president asks for a prime-time slot to address a joint session of Congress, he is signaling to the country that he has something very important to say. Next Thursday, President Obama will once again try to make a hard political pivot to the issue of jobs. Obama will confront two big problems when he stands in the well of the House next week. The first is political: the loss of voters' confidence in his handling of the economy. The second is the economy itself. A new estimate released by the White House on Thursday shows the economy growing...
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A measure of manufacturing in the U.S. Mid-Atlantic region grew much more slowly than expected in May, a survey showed on Thursday, falling short of even the most pessimistic predictions of a Reuters poll of economists. "It was, I think, in a word, pretty ugly," said Tom Porcelli, a U.S. economist for RBC Capital Markets in New York. The Philadelphia Federal Reserve Bank said its business activity index slumped to 3.9 from 18.5 in April. It was the index's lowest level since October 2010.
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Workers got a day off without pay because of Obama's visit on JOBS! Their work site was adjacent to his podium.
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Obama 2008 on 20k job losses: "The economy has lost 20,000 more jobs, that's 260k jobs lost since the beginning of the year, that's 260k more Americans who won't have a paycheck to help them cover the rising costs of health care, child care, gas and groceries. This news is troubling, but it's not surprising because in recent months we've seen the problems in our economy grow worse and worse"
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This is what Rush calls "living inside the world of lies" that is Obama...Unemployment is at 10% and Obama praises the good news of 11k jobs lost, helped along by his will accomplices in the press (Video + Chart)
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