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Nancy Pelosi Doesn’t Think Lower Unemployment, More Jobs Is A Good Thing

  by Robert Donachie House Minority Leader Nancy Pelosi doesn’t think Friday’s stellar jobs report is a good thing because it happened under Republican control of the White House and Congress. “May’s jobs report shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans’ watch,” Pelosi wrote in a statement to supporters ...

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223,000 new jobs in May; Unemployment at lowest since 1969

economy going up

Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the lowest rate since 1969, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, including retail trade, health care, and construction. The May jobs numbers were so good that even The New York Times had trouble ...

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Historically low unemployment rate trending down

The US labor market continues to tighten, although job growth in April was 164,000, a little below expectations. The unemployment rate dropped to 3.9 percent in April, one of the lowest rates in recent history. The broader measure of labor underutilization U-6 declined to 7.8 percent, the lowest rate since 2001. The tightening labor market is a result of a ...

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First Trump Administration Jobs Report: 235,000 New Jobs, 4.7% Unemployment

donald-trump-thumbs-up

President Trump has celebrated two blow-out jobs reports out earlier this week and today’s BLS report is no different. The Bureau of Labor statistics employment situation summary report showed that the economy gained 235,000 jobs while analysts had only expected between 190,000 and 220,000. The surprise jump in hiring drops the unemployment rate to 4.7%. The largest job gains came ...

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U.S. Weekly Jobless Claims Jump More Than Expected

Workers at New Balance

With layoffs at 45-year lows, more Americans filed initial jobless claims than analysts had expected. A Department of Labor report showed that 248,000 Americans filed new unemployment insurance claims – 6,000 more than economists had expected despite the lowest level of layoffs recorded in more than four decades. Higher-than-normal layoffs in Massachusetts were more than offset by reductions in 11 other ...

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Industry giants changing foreign manufacturing plans due to Trump

donald-trump

Donald Trump said he would work every day to bring manufacturing jobs back to the United States and two major makers have reportedly decided to do so even before the president-elect takes office. First, Trump met with Ford chairman Bill Ford and Mr. Ford reportedly told the president-elect that his company would not be relocating their Kentucky plant to Mexico. ...

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Gig-economy: Why take a job as a UPS pre-loader?

UPS pre-loader image

Why would anyone consider a package loading job with UPS or Fedex? As the economy drives more Americans into part-time work and the “gig-economy” UPS and Fedex look appealing as they fill a time slot that most other part-time jobs don’t. I took a job as a UPS pre-loader to see if a UPS career made sense and I’ve decided ...

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The Donald Is Proven Right, Again

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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