The AP reported today that this week’s terrible unemployment numbers were due to fallout from Sandy – the storm that hit the Northeast last week. On its face, the excuse holds merit. When digging into the data, it looks like AP over-interpreted a footnote thereby giving the Administration a pass on an awful report. The [...]
Are Layoffs Vindictive or Caused by Policy? Wednesday after the election a number of companies announced they would be laying off employees. Some businesses said they would close completely. Others are cutting back staff from full time to part time work. Through the week the numbers have grown. Big businesses. Mom and Pop small stores. [...]
With the so-called ‘fiscal cliff’ looming at the end of the year, many companies had warned that if President Obama were re-elected, they would be forced to lay off workers. Company officials listed the skyrocketing price of health insurance and the taxes contained in Obamacare as a primary reason for job cuts. Some job cuts [...]
Well, we lost. Mitt Romney didn’t win comfortably. BUT, Republicans maintained control of the House of Representatives. In one of the most ignominious highlights of the night, the GOP lost two senate seats – increasing the Democratic majority by two. The current makeup is 55 Democrats to 45 Republicans. In a milestone for the ladies, [...]
The day has arrived. In about twenty-four hours, the stains of Barack Obama will be wiped clean and honor and dignity will be restored to The White House under President-elect Mitt Romney. It hasn’t been an easy road. Conservatives waged a brutal primary battle that left us with a scarred nominee – Romney – coming [...]
It’s down to the wire and still there are some undecided voters. If you know them ask a simple question, “Are you better off today than you were four years ago?” It’s the simple question Ronald Reagan asked voters following four challenging years under the Carter administration. The question is as valuable today. Has your [...]
Clearly, our federal government isn’t big enough. In a Monday morning interview on MSNBC’s “Morning Joe”, President Obama suggested that a new Secretary of Business be created. Of course the new Secretary will need a whole new government department of bureaucrats to go with his or her position. “We should have one Secretary of Business, [...]
Maybe this time it will work? Maybe this time the jobs will actually be ‘shovel ready’? After three years and ten months President Obama has finally found the jobs plan that will get this country back on the right track. Or so he says. LA Times: DELRAY BEACH, Fla. — President Obama unveiled a glossy [...]
Did you watch the news last week? A miracle fell into the lap of the president. Three precious weeks before the hotly contested presidential election the ‘newly unemployed’ claims dropped to an unexpected low. Coupled with the surprising unemployment decline these numbers were heralded by the left as a sure sign this was truly the [...]
“Young women don’t want someone who just talks a good game – they want someone who gets the job done. They are sick of empty promises, flashy gimmicks, and meaningless endorsements. Young women are being devastated by this economy and denied opportunities for independence so that they can build a future for themselves. Through no fault of their own, their lives have been placed on hold. They are paying for this administration’s failures personally through the lack of job opportunities. With unemployment for young women far above the already high national unemployment rate, they know the status quo is unacceptable, and they know that we can do better,” said Amber S. Roseboom, Executive Vice President of Generation Opportunity and a former Deputy Chief of Staff of the United States Office of Personnel Management.
It’s not the real thing anymore. The country of Greece, facing continuing problems learned today that Coca Cola Hellenic will leaving them. This news is particularly devastating as unemployment in Greece jumped over 25% this week. Coca Cola Hellenic announced it will be shifting its trade listings from Athens to London and moving headquarters to [...]
It’s a miracle! The Bureau of Labor Statistics (BLS) says 873,000 people found work, yet it reports only 114,000 new jobs were added. Or did the BLS “cook the books” so as to make the unemployment rate convenient for President Barack Hussein Hubris “kill list” Obama? Let’s examine recent events, and what the BLS figures [...]
Did you hear about last month’s surprisingly positive jobs numbers? While an elated Team Obama cheered, the startling jump caused others to speculate how a phone poll managed to extrapolate 800,000 found work when the business survey indicated only 115,000 jobs were created. Were these numbers skewed? Former GE CEO Jack Welch tweeted out: “Unbelievable [...]
After having his hat handed to him and being shown the door by his opponent in a debate performance so poor for Barack Obama that his only recourse was to bully Mitt Romney on the campaign stump the next day, what is a candidate hoping for re-election supposed to do to change the momentum? Have [...]
Despite slowing job growth, strangely, the key unemployment rate fell .3% to 7.8% due to an unexpected upward 86,000 job revision by the Department of Labor. Secretary Solis spent the morning defending the rosy unemployment rate that is based on questionable revisions. Upwardly revising public sector employment by tens of thousands of jobs in the [...]
