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Tag Archives: unemployment

NBC’s Chuck Todd: Plenty of Reason for Concern

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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 four years, a stimulus and ...

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The Obama Effect: Another Touted Business Closes

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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 next to the first lady ...

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Rep Davis: Your Unemployment Check is in the Mail

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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 with the assurance that pretty ...

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There’s Insanity, And There’s Insanity

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 socialist president François Hollande, also ...

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Tonight on the Dark Side with Kira Davis

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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 radio. UPDATE: Listen to a ...

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Is It A Woman’s World?

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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 without the skills necessary to ...

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(Un)Employment In Perspective

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 percent.) But the U-6 unemployment ...

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The End of the Twinkie?

Picture courtesy Wikimedia

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 if striking employees do not ...

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Jobless Claims JUMP to 439,000

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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 the associative claims coming in ...

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Sandy not to blame for dismal jobs report

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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 Labor Department said applications increased ...

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Obama Reelection Triggers Massive Layoffs

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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. And everything in between. All ...

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Companies Begin Layoffs Following Obama’s Re-election

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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 are also the result of ...

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The Day After…

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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, 20% of the U.S. Senate ...

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My Prediction: Romney Wins Comfortably

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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 out of the gate to ...

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Still Undecided? Think Jobs, Gas, Groceries & Your Budget

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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 income kept pace with your ...

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