The U.S. economy added 266,000 jobs in April, far below the Wall Street consensus of 978,000; unemployment rate 6.1% pic.twitter.com/C4yyXGvd4U — Reuters (@Reuters) May 7, 2021 *US Labor Apr Nonfarm Payrolls +266K; Consensus +1M — *Walter Bloomberg (@DeItaone) May 7, …
For the last 10 years, Larry and Roxane Maggio ran a deli—Ludovico’s—in downtown Haddonfield, a borough in New Jersey. Last month, however, they prepared their final catering orders. The couple decided to close their business—“and not because business is bad.” “We …
The National Basketball Association contracts for sneakers with a multinational sports equipment corporation in Communist China that obtains cotton from the same region Uyghur Muslims are being held in forced labor camps, as reported by The Washington Free Beacon. Anta …
President Joe Biden’s $2 trillion “American Jobs Plan” repeatedly promotes union organizing and sets aside some high-paying jobs just for union members. While only 10.8% of the American labor force is part of one, unions received outsize attention and protection in the new package. Unions …
America does not need to import workers. We have plenty of potential workers who were sidelined by the Great Recession and globalization. In the first two years of the Trump presidency, America created two million jobs. The unemployment level fell …
https://www.youtube.com/watch?v=OUngyPwUxdw Maybe the Labor Unions are offended by AOC’s $3500 hundred dollar pant suits and realize what a fraud she is. I just read that AOC refused to split her $560.00 in Cinco De Mayo night tips at the restaurant, Flat Fix. A waitress had …
High Youth Unemployment and a National Labor Shortage – Say What? (Link to article below) https://business.financialpost.com/entrepreneur/why-do-we-have-high-youth-unemployment-concurrent-with-a-national-labour-shortage
Alan Greenspan, former Federal Reserve chairman Adam Jeffery | CNBC Alan Greenspan, former Federal Reserve chairman Former Federal Reserve Chairman Alan Greenspan told CNBC on Thursday the United States currently has the tightest labor market he’s ever seen. IF I WERE …
by Charles Hugh-Smith Few conventional-media commentators are willing or able to discuss these factors in the labor shortage / declining participation trends. Is there a labor shortage in the U.S.? Employers are shouting “yes.” Economists keep looking for wage increases as …
via thedailybeast: Labor Day weekend, 2040. With millions of Americans again in mass motion it’s a good time to recall those quaint times when we thought we needed human beings to steer us safely to our destinations. Yes, no vehicle could …
by John Rubino Google “labor shortage” or “wage hikes” and the result is a picture of an overheating economy. Some examples from August 10: 911 Emergency: Call Centers Can’t Find Workers Why Disneyland’s $15-an-hour labor deal is a win for …
by Charles Hugh-Smith Isn’t it obvious that those at the top of the wealth-power pyramid don’t want us to know how much ground we’ve lost while they’ve gorged on immense gains? In the late 1970s and early 1980s, an era …
@GoldmanSachs @DeutscheBank @UN #HaverAnalytics @SoberLook
via businessinsider: For now, the coming “labor shortage” is good news for workers. We should root for it to continue. It’s undoubtedly a headache for some owners and managers. But it’s one they should, hopefully, be made to live with for …
by John Rubino Economist Peter Bookvar recently analyzed the the anecdotal evidence of capacity constraints piling up in recent industry surveys, including the following: “Business is strong in all regions. Materials are tight. Trucking continues to be a major challenge.” (Chemical Products) …
by Charles Hugh-Smith Employment expands in the Protected cartel-dominated sectors, and declines in every sector exposed to globalization, domestic competition and cheap capital. If you want to understand why the global economy is failing the many while enriching the few, …
by Martin Armstrong QUESTION: Hi Marty, Two questions: 1. When the Canadians said they never look at “those things,” what “things” are they talking about? 2. I always like lowering taxes, if the remaining revenue will be spent wisely. (In …
by Dave Kranzler of Investment Research Dynamics The propaganda laced with bold lies is enveloping the media. The JOLTS report (Job Openings and Labor Turnover) released today alleges that the number of job openings in April hit a record. Of course, the April …
by Jim Quinn Record low unemployment rate my fat ass!!! Don’t believe the BLS bullshit. Scanning the Household data proves it is bullshit. If the economy was booming the number of people not in the labor force would be declining, …
https://twitter.com/StockBoardAsset/status/1002530263648305152
via upfina: The April jobs report in the US wasn’t great as there were misses across the board. The total jobs created was 164,000 which missed estimates of 191,000. The participation rate missed estimates for 62.9%, coming in at 62.8%. …
by Duane Norman, Free Market Shooter The impact of government raising the minimum wage seems fairly arbitrary – layoffs, increased responsibilities for existing employees, and automation of labor are all responses to the “market adjustment” made by employers to maintain …
From Birch Gold Group It might be time to start evaluating whether major banks are the right place to keep your money. Why, you might ask? Another big bank, Wells Fargo, is getting investigated… again. And this bank is no stranger to unethical …
According to the United States Bureau of Labor Statics, the average annual expenditures during this period were $50,486. Northeast spending was $54,918, Midwest spending was $47,846, Southern spending was $46,823 and Western spending was $55,453. The average annual expenditures break …
LOL bezos is complaining about having to pay higher wages to employees Hypocrite much?? The editors of the Jeff Bezos-owned Washington Post say President Trump’s tight labor market – which is delivering historic wage increases and job opportunities to American …
by David Haggith One reason I started my own economics blog was because of how tired I was of reading government-regurgitated half truths about the economy. Nothing has changed. As Newsmax and other publications report this week that July was a bumper month …
Americans age 40 and older have a new reason to fear age discrimination: the United States Department of Labor. The Work Opportunity Tax Credit is at the root of the problem. This program is administered by the Labor Department …
For More Information See: Great Youtube Documentary video to Watch on this Topic: https://www.youtube.com/watch?v=jxMXS… https://en.wikipedia.org/wiki/Debtors… http://www.politifact.com/virginia/st… https://www.prisonpolicy.org/prisonin… http://returntonow.net/2016/06/13/pri… http://money.cnn.com/2015/09/18/news/… http://www.cheatsheet.com/personal-fi… http://www.nationalreview.com/article… https://www.prisonpolicy.org/reports/…