Posts Tagged ‘Employment’
Unemployment remains sluggish as Democrats forget crucial advice
It's not just unemployment it's employers going out of business in the US. By Doc Vega As Democrats rejoice over reported unemployment reduction from 7.9% to 7.7% saying that this is a reflection of President Obama’s economic policies, we need to more closely examine reality concerning the true unemployment picture. Little did the US mass media bother to inform the public that 130,000 persons dropped off the employment rolls. Neither did the news networks bother to give equal coverage to J C Penney’s lay-off of 2,200 workers. Of the available working force that does hold down a job, the number of people holding more than one job climbed considerably, as a matter of fact, the highest percentage of people holding more than one job than any time in history. What does this actually say? [...]
#SequesterThis – USDA Bloated – 1 Inspector for every 8 Farmers
Wine/Food Tastings Continue Dr. Coburn talks USDA duplication and inefficiencies: 40 housing , business community infrastructure and facility, energy, healthcare, and USDA is a bit bloated. There is currently 1 inspector for every 8 Farmers in America. USDA might need a diet telecommunications programs targeted towards rural citizens but duplicated by 88 other programs administered by 16 different federal agencies doing exactly the same thing. With one USDA employee for every eight farmers, "The agency notes on their web site if they were a private company, they would be the sixth largest private company in America," Dr. Coburn said. "Sequestration gives us a good time to start looking at priorities...we ought to cut out wine out wine tastings for federal employees and keep [...]
GOP Response to the November Jobs Report
Leader Cantor: Today’s Report Underscores How Important It Is That We Focus On Jobs WASHINGTON, D.C. – Today, House Majority Leader Eric Cantor (R-VA) released the following statement on the national unemployment report for the month of November: "Today’s unemployment report underscores how important it is that we focus on jobs. Millions of hardworking Americans are fixated on finding a job, yet President Obama is fixated on taking more money from those that could hire them. 7.7% is simply not going to cut it. 122,000 people lost jobs last month. Nearly 350,000 Americans gave up hope entirely and left the workforce. We must not prioritize big government spending over policies that will create opportunity for working men and women. Otherwise, our economy will never fully [...]
How many companies have announced Layoffs since Election?
Job loss an early consequence of election The companies announcing layoffs now include: Westinghouse Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees via Workforce at Anniston weapons incinerator cut by another 50 employees Research in Motion Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named. viaThe Dallas Morning News. Lightyear Network Solutions More than one dozen employees at a Pikeville company lost their jobs this week. Officials with Lightyear Network Solutions said they are consolidating [...]
U3 Employment Rises to 7.9% – Young 23.7% Hispanics 10% Blacks 14.3% Forward?
THE EMPLOYMENT SITUATION -- OCTOBER 2012 Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, and retail trade. Household Survey Data Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September. (See table A-1.) Among the major worker groups, the unemployment rate for blacks increased to 14.3 percent in October, while the rates for adult men (7.3 percent), adult women (7.2 percent), teenagers (23.7 percent), whites (7.0 percent), and Hispanics (10.0 percent) showed [...]
Does Obama have your Back? Black unemployment 14.4%, Hispanic and Latino 11.0%
Today's dismal Job growth and unemployment rate figures show that the Obama economy is hurting those more who he campaigned for the most. The President continues to say that the policies of the past don't work, But the Obama policies are clear - Minorities were better off Under Bush. "The slow pace of jobs growth underscores the weakening economic growth momentum and reinforces the perception that the economy has remain mired in another soft patch," Millan says. "With the labor market recovery appearing to be stalled, the case for further policy accommodation will likely be strengthened, particularly given the benign inflationary background." The report comes in sharp contrast to private payrolls data out of ADP just a day earlier that showed the economy expanded by 179,000 [...]
23% of Small Business Owners Went A Year Without Pay
So their employees could get a pay check! Tell that to small business owners; a new survey by Citigroup shows that 23% of small business owners have gone more than a year without pay. The study also says that 54% of them have gone without at least one paycheck; 38% of them said their employees had worked overtime without being compensated; and 18% of them had been unable to make a paycheck for their employees at least once. During recent years, 78% of the owners have taken less profit, 70% have been working more hours, and 69% have used their own funds in order to keep their businesses afloat. via 23% of Small Business Owners Went A Year Without Pay.
White House Statement on May Unemployment
Statement on the Employment Situation in May WASHINGTON, DC – Alan B. Krueger, Chairman of the Council of Economic Advisers, issued the following statement today on the employment situation in May. You can view the statement HERE. The Employment Situation in May Posted by Alan B. Krueger on June 1, 2012 at 9:34AM EDT Problems in the job market were long in the making and will not be solved overnight. The economy lost jobs for 25 straight months beginning in February 2008, and over 8 million jobs were lost as a result of the Great Recession. We are still fighting back from the worst economic crisis since the Great Depression. Today we learned that the economy has added private sector jobs for 27 straight months, for a total of 4.3 [...]
and the Award for the 30 Worst Months of Employment in the Past 25 Years…
goes to Obama The federal government’s Bureau of Labor Statistics publishes monthly tallies for the employment-population ratio. That stat shows something rather straightforward: Among those who are living in America and are free to pursue employment, what percentage are employed? (The bureau excludes those who are under 16 years old, are active-duty military, or are — in the bureau’s own words — “inmates of institutions (for example, penal and mental facilities, homes for the aged),” from its tallies.) Over the past quarter of a century (a total of 300 months), dating back to May 1987 and the Reagan administration, here are the 30 worst months (that is, the bottom 10 percent) for the employment-population ratio, along with the president who happened to be in office [...]
We Can’t Wait: The White House Announces Federal and Private Sector Commitments to Provide Employment Opportunities for Nearly 180,000 Youth
From the White House Press Office: Today, the White House announced Summer Jobs+, a new call to action for businesses, non-profits, and government to work together to provide pathways to employment for low-income and disconnected youth in the summer of 2012. The President proposed $1.5 billion for high-impact summer jobs and year-round employment for low-income youth ages 16-24 in the American Jobs Act as part of the Pathways Back to Work fund. When Congress failed to act, the Federal government and private sector came together to commit to creating nearly 180,000 employment opportunities for low-income youth in the summer of 2012, with a goal of reaching 250,000 employment opportunities by the start of summer, at least 100,000 of which will be placements in paid jobs and internships. [...]
