Full-Time Jobs Vanish While Americans Race To Take Up Part-Time Work
Americans took up part-time jobs in huge numbers in May as full-time jobs evaporate under President Joe Biden’s economy, according to data from the Bureau of Labor Statistics (BLS) released Friday. There were around 133.3 million people employed in the U.S. in May with full-time jobs, 625,000 less than the month before, while the number […]
Those millions of new ‘green’ jobs are going to China and India
When U.S. “Special Envoy” for Climate John Kerry recently urged workers upset by the Biden administration’s decision to scuttle the Keystone XL pipeline to “learn to make solar panels”, he was oblivious to the fact that China and India dominate the solar panel manufacturing market. President Joe Biden’s Build Back Better Recovery Plan is to build a modern, […]
10,000 California Fast Food Jobs Cut Due to $20 Minimum Wage
Fast food restaurants in California have reportedly cut about 10,000 jobs after the state’s minimum wage increased to $20. Gov. Gavin Newsom’s (D) law to pay workers $20 an hour goes into effect on April 1 and is clearly dealing a devastating blow to the industry, Fox Business reported. report Wednesday. The media continues: The […]
Quarry workers just doing their jobs make prehistoric discovery in Kyrgyzstan
Workers in Central Asia discovered the “mammoth” earlier this month. Workers discovered the ancient mammoth bones while quarrying on June 2. The bones were found in “the sandy deposits of the ancient floodplain of the Jirgalan River,” Kyrgyzstan’s Ministry of Culture said in a press release. Kyrgyzstan is a landlocked country surrounded by Uzbekistan, Tajikistan, […]
White House Report Card: Jobs surge hides Biden’s border ‘baloney’
This week’s White House Report Card finds President Joe Biden still in France after several days of D-Day ceremonies. In speeches to commemorate the 80th anniversary of the World War II invasion of Nazi-controlled France by allied troops, Biden’s words were adequate but didn’t compare to the notable pro-democracy speeches of the past from former […]
Biden Scores Migrants More Jobs While Americans Drop Out of Workforce
President Joe Biden’s economic policies aim to give more jobs to foreign-born workers in the U.S. labor market as hundreds of thousands of native-born Americans have dropped out of the workforce over the past year. New Bureau of Labor Statistics data It shows that 637,000 foreign-born workers joined the U.S. labor market last year, while […]
US dollar bounces as strong jobs report likely delays Fed easing this year – Yahoo Finance
By Gertrude Chavez Dreyfuss NEW YORK (Reuters) – The U.S. dollar rebounded on Friday after data showed the world’s largest economy created significantly more jobs than expected last month, suggesting the Federal Reserve may be slow to begin its monetary easing cycle this year. The dollar index, which tracks the greenback against six major currencies […]
May jobs report: Health care, government boosted hiring last month
Lincoln Tech CEO Scott Shaw explains in “Varney & Company” why young workers are seeking trades jobs: The U.S. economy added jobs at a faster-than-expected pace in May, driven by strong hiring in the health care and government sectors that boosted overall employment. Employer Added 272,000 jobs In its monthly payroll report released Friday, the […]
US adds 272,000 jobs, unemployment rises to 4 percent
The U.S. economy added 272,000 jobs in May, and the unemployment rate rose slightly to 4%, according to new Labor Department data released on Friday. The May employment report was much better than expected by economists, who had projected a gain of 185,000 jobs and an unemployment rate unchanged from April’s 3.9%. But the slight […]
US adds 272,000 new jobs in May — blowing past estimates
The US economy added an astounding 272,000 jobs last month, well above the 180,000 that analysts had predicted. Wall Street stock futures fell sharply on the news, as the continued strength of the job market makes it unlikely the Federal Reserve will cut interest rates anytime soon. Last month’s strong job gains reflect the durability […]