Those Pesky Jobs Numbers
Estimated Reading Time: 5 minutes “The Biden Administration has basically turned the US labor market into a Temp Agency for foreign workers. American workers are not getting jobs… They’re losing them.” E.J. Antoni, Ph.D, Heritage Foundation On Friday, June 7, the much-awaited jobs numbers were released and as usual, they can roil the markets for […]
Jobs overstated? What to know about Fed chairman’s comments- Washington Examiner
Federal Reserve Chairman Jerome Powell provoked significant commentary this week with his remark that job gains might be overstated. Here’s what to know about what he said and what it could mean. What he said At a press conference Wednesday, Powell fielded a question about the health of the labor market. As part of his […]
Republicans, Dems Unite to Import More Foreign Workers for Blue-Collar Jobs
Republicans and Democrats on the House Appropriations Committee are united in their push to allow companies to import as many foreign workers with H-2B visas as possible into the U.S. to fill blue-collar jobs in construction, landscaping and other industries. Companies are already allowed to import 66,000 H-2B foreign visa workers annually to fill blue-collar, […]
Labor market lies: Full-time jobs collapse, part-time work surges
This is not your grandfather’s labor market. On paper, we just ended a 27-month streak with the unemployment rate below 4 percent, longer than some of the years of the post-World War II economic boom. But in the real world, the streak of job growth was an illusion. In fact, we were in a labor […]
ALFREDO ORTIZ: Corporate Media Desperately Wants You To Ignore This Alarming Factoid In Newest Jobs Report
Ignore the May jobs report‘s topline establishment survey number and the media’s celebratory reporting. It’s not to be trusted. A new analysis by the Daily Caller News Foundation shows that payrolls were overstated by 1.3 million last year after accounting for the constant downward revisions. A new Bloomberg Economics report finds monthly job gains were overstated by 730,000 last year. Bloomberg […]
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 […]