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U.S. Jobless claims rise most since February

The top line jobless claims number rose above estimates and to the highest level since February, but that’s not the most disturbing news. Digging into the numbers, it appears that more people are suddenly having to find work (initial claims) and they are finding that it is taking longer than previously to get a job (continuing claims.) Jobless claims jumped to ...

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June Unemployment = Cold Porridge

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The Bureau of Labor Statistics released the monthly employment situation for June this morning and a mixed top line almost hides some really scary internals. The headline numbers were that June added 223k jobs which, by government counting standards, dropped the unemployment rate to 5.3%. Black unemployment still leads all other demographics at 9.5%. Some important revisions to the April and ...

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BLS June 2015 Employment Situation Report [Full Text]

Transmission of material in this release is embargoed until USDL-15-1274 8:30 a.m. (EDT) Thursday, July 2, 2015 THE EMPLOYMENT SITUATION — JUNE 2015 Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, ...

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April Employment Report: Jobs Situation Still Sucks

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The Bureau of Labor Statistics released their Employment Situation Report for April and there was no good news in it – at all. The report pushed to the headline the usual artfully constructed numbers – last months job creation and the unemployment rate. Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at ...

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Hillary: Businesses do NOT create jobs [VIDEO]

Hillary Clinton anti-business

Hillary Clinton appeared at a Boston, MA rally for gubernatorial candidate Martha Coakley and told the accepting crowd that the idea that businesses create jobs is false. “Don’t let anybody tell you it’s corporations and businesses create jobs,” Clinton remarked. Perhaps that fall in the hotel room has done more damage than anyone thought. After all, without new and growing ...

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Now! Now It’s Job One?

Obama first took office in January of 2009, now, January of 2014 the Democrats are saying, to quote New York Senator Chuck Schumer, “The debt and Obama-Care are important, but our number one focus should be on the economy and jobs,” where were the Democrats six years ago? In 2009 we were at the height of the recession, where was ...

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Amid scandals, Obama re-re-re pivots to jobs and the economy

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The President is off to Baltimore today to do what he does best – give speeches – in hopes of taking the focus off of a series of government scandals. President Obama will visit a school, a dredging manufacturing plant and a worker re-training center on this trip. Obama is continuing his “Middle Class Jobs & Opportunity Tour” which started ...

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Billion Dollar Babies and American Jihad – Intellectual Froglegs

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And here is the latest installment of Intellectual Froglegs: Joe Dan Gorman nails it yet again, with his in-depth analysis of leftist propaganda on Jihadists, phobias, abortion, Planned Parenthood, and Janet Napolitano. In case you’re wondering, Napolitano has no clue how to do her job, except the part where she spews disjointed jargon in Congressional hearings. And the new inconvenient ...

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What Obama doesn’t understand about the American entrepreneur

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Our President bemoans those with means. Unfortunately, he doesn’t even understand what “means” means or what a “job” really is. When was the last time our commander-in-chief decided not to cash his own paycheck so that his employees could cash theirs? I did that just two weeks ago and will likely do it again in the near future. When was ...

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Employment situation still dicey as more jobs lost than expected

Initial jobless claims come in than economists had forecast showing a still weak jobs climate. The Labor Department said Thursday that initial jobless claims for the week ending April 13th came in at a seasonally adjusted 352,000 which was slightly higher than expectations of 350,000 and an increase of 4,000 over last week’s numbers. The employment market has not yet rebounded even ...

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Obama jobs efforts fail – Worst Participation Rate in Decades

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The Department of Labor’s monthly Employment Situation Report was released today with disturbingly bad news – the largest percentage of Americans since 1979 have just given up on the idea of ever finding work in the Obama economy. The civilian labor force declined by 496,000 over the month, and the labor force participation rate decreased by 0.2 percentage point to ...

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Laser-like focus on the economy?

Il Duce Obama

In January, the Obama Administration announced a renewed laser-like focus on jobs and the economy. Where is it? President Obama has been pushing gun control, talking about sequestration as if it were doomsday and has now pivoted to immigration reform while the economy struggles to recover under the weight of an overgrown government. Recent Gallup polling shows that Americans top ...

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