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Tag Archives: unemployment

The Donald Is Proven Right, Again

Donald Trump-MSA-000824

According to the Tucson Citizen in an article dated January 16, 2008, Mexican legislators from Sonora, Mexico, visited city officials in Tucson, Arizona and criticized them for passing laws that Mexico doesn’t like, laws that would attempt to reserve jobs in America for unemployed Americans.  The Mexican legislators said they couldn’t “handle the demand for housing, jobs and schools” that ...

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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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Do Capitalists Understand Basic Economics? Disney Doesn’t Appear To.

The American Chamber of Commerce and many domestic employers are letting all Americans down and negatively impacting our economy by firing domestic employees and hiring foreign replacements. They threaten their own future profits and business prospects as well as the nation’s welfare. The misuse of the H-1B visa program and other failings has for some time been used to get ...

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April Employment Report: Jobs Situation Still Sucks


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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HuffPuff Propagandizes a FOX Reality


I go through the headlines and news stories in over one-hundred publications daily. I do this so that I can view multiple sources on some of the same stories. Doing this allows me to formulate what is fact and what is disingenuous spin; propaganda meant to trick the public into thinking one way instead of another. Make no mistake, both ...

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What today’s economic news tells us about the ‘recovery’

Wal-mart misses on sales and earnings

Listening to the President, his administration, some in Congress and several news reports, many would say the economy is recovering slowly but gaining traction. Seeing the economic data released today may reveal a somewhat more real reality. The unemployment figures released this morning seem promising, but only in a vacuum. Claims dropped 24,000 to a seasonally-adjusted 297,000 for May. What the ...

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Pure Comedy: Obama gets employers to agree to do nothing for long term unemployed

Obama interview apple, ford will hire unemployed

Just when I thought I’d seen everything from the President, he tells CNN about this naively-conceived plan to end long-term unemployment: “What we have done is to gather together 300 companies, just to start with, including, some of the top 50 companies in the country, companies like Walmart, and Apple, Ford and others, to say let’s establish best practices,” President Barack ...

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Obama Wants To Extend Unemployment Benefits Again!


The White House wants this “New Report” to be released immediately! Under the current law, the extension in place at this time will expire on December 28 of this year. Of course, Obama wants to make sure it is extended again.   NEW REPORT: The Economic Benefits Of Extending Unemployment Insurance The United States economy continues to recover from the ...

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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

Unemployed man

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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Another improving unemployment report that’s not so improved

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 two-tenths of a percent from ...

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