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 [...]
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 [...]
The second paragraph in the Bureau of Labor Statistics Employment Situation Summary for February says it all: The unemployment rate edged down to 7.7 percent in February but has shown little movement, on net, since September 2012. The number of unemployed persons, at 12.0 million, also edged lower in February. While the unemployment rate dropped [...]
In his “Mission Accomplished” moment, Barack Hussein Obama ended his jobs council on Thursday, January 31, 2013. Despite the fact that more than 12 million people in the U.S. are still out of work. Obama’s allies will point out that when the jobs council began two years ago, unemployment was above 9 percent and has [...]
As the administration heralds the latest unemployment numbers as proof of improvement many Americans are still unsure. Across the country residents see their income lower than in 2009. Others know there are more in poor. Families who have to live within their means worry about the continued massive government spending. And the unemployment level, after [...]
At a January 2012 jobs forum President Obama talked about the opportunities for new businesses to grow and expand here in the United States. In particular the president highlighted a new manufacturing company based in North Carolina. Lincolnton Furniture was praised for bringing jobs back to the United States. Lincolnton owner Bruce Cochrane even sat [...]
. American R&B Singer Allen Stone has seemingly made the current bad economy sexy with his song “Unaware”. The Chewelah, Washington native starts out the song with lyrics that speak to the ineffectiveness of the Government: “Every day, the deficit grows You spend more than you own Papa always said to me Keep a close [...]
Here’s a quick little snippet from The Washington Times. For Rep. Danny K. Davis, Illinois Democrat, the “fiscal cliff” fight came down to one thing: the unemployment checks the government will still be able to send to thousands of his constituents. “When I go to church on Sunday, I know that I will see people [...]
First, it was France. The country’s response to its high and growing unemployment problem was to make laying off employees so painful economically that companies will avoid it. Labor Minister Michel Sapin said, “The main idea is to make layoffs so expensive for companies that it’s not worth it.” Sapin, a good friend of France’s [...]
12/11/12 Suddenly the media is noticing how high real unemployment really is! Soledad O’Brien reminds Americans that we’re still a bunch of racist goons at heart. Doug Perkins with Givingmusic.org joins me for my Christmas charity series – highlighting a different charity each show until Christmas. Tune in tonight at 10pm ET/7pm Pacific on the CDNews Network on Blogtalk [...]
I won’t lie. I found Suzanne Venker’s piece about the ‘war on men‘ interesting, thought-provoking, and controversial. In the process, she has reaped a whirlwind of left-wing hate. It’s no surprise that today’s economy is better suited for women. Manufacturing, the lynchpin of male labor, has collapsed – and now scores of men are left [...]
The Bureau of Labor Statistics (BLS) reported that October’s “official” U-3 unemployment rate fell below 8 percent, but just barely at 7.9 percent. As Rick Moran wrote, “… the economy added a middling 171,000 jobs.” (By the way, U-3 unemployment rate among blacks is 14.3 percent, yet Obama’s job approval rating among blacks is 91 [...]
This could be it. The end of the Hostess Twinkie. Of course, those still in their packages may last forever, but it’s possible there will be no more Twinkies. The Bakery, Confectionery, Tobacco Workers and Grain Millers union (BCTGM) has gone on strike against manufacturer Hostess. The company announced today they will file for liquidation [...]
First time unemployment claims took a flying leap this week. The jobless claims surged over 78,000 to a staggering 439,000 across the U.S. The government economists were expecting numbers in the 375,000 range. Many of the media are blaming this shocking increase on the Superstorm Sandy. Bloomberg: “Based on previous extreme-weather episodes, we typically see [...]
