Economy  (Page 1)

To Democrats’ Dismay, Christmas season brings YUGE economic wins for Trump

https://twitter.com/TrumpStudents/status/1152968703807492096
Comments
Permalink
Posted by  ▪  Wednesday, December 25, 2019 at 1:30pm 12/25/2019 at 1:30pm
https://twitter.com/TrumpStudents/status/1152968703807492096

Santa appears to be delivering some good economic news this Christmas season for President Donald Trump, as his economic policies seem to have created a flurry of both spending and earning.

(more…)

 
 
 

Large Minimum Wage Hike Strikes Again, Killing Restaurant Jobs in California and Washington State

https://youtu.be/9riNd6sLlQE
Comments
Permalink
Posted by  ▪  Wednesday, December 18, 2019 at 3:00pm 12/18/2019 at 3:00pm
https://youtu.be/9riNd6sLlQE

While America is enjoying record low unemployment, some areas are actually experiencing the loss of jobs. In certain cities where progressive activists and politicians have forced increases in the minimum wage, restaurants who can’t keep up are closing and taking jobs with them.

(more…)

 
 
 

November Jobs Report: 266,000 Jobs Added, Unemployment at 3.5%

https://www.youtube.com/watch?v=R4q-qD8Pwoo
Comments
Permalink
Posted by  ▪  Friday, December 6, 2019 at 11:00am 12/6/2019 at 11:00am
https://www.youtube.com/watch?v=R4q-qD8Pwoo

The November jobs report revealed the economy added 266,000 jobs. Unemployment hit 3.5%, which matches a 50-year low.

(more…)

 
 
 

Shocking: Target Raised Wages to $15, Cut Employee Hours

https://www.youtube.com/watch?v=9gpxf21CSpk
Comments
Permalink
Posted by  ▪  Tuesday, October 15, 2019 at 6:30pm 10/15/2019 at 6:30pm
https://www.youtube.com/watch?v=9gpxf21CSpk

How do I economy? A business needs to make a profit in order to stay in business and provide goods for customers.

I also think people do not realize the size of Target, which means a lot of people making $15 an hour.

Reality runs deeper than Target’s size, though. You have to...

Read More...
 
 
 

Report Suggests Higher Education is Shrinking as an Industry

Comments
Permalink
Posted by  ▪  Tuesday, October 15, 2019 at 10:00am 10/15/2019 at 10:00am

College closures and shrinking enrollment are taking a toll on the business of higher education.

Doug Lederman writes at Inside Higher Ed:

The Incredible Shrinking Higher Ed Industry

Higher education enrollments have been falling for years, a well-documented outcome that can be attributed to some combination of a strong U.S. economy, changes in birth...

Read More...
 
 
 

College Closures Damage the Towns They Leave Behind

Comments
Permalink
Posted by  ▪  Monday, September 30, 2019 at 12:00pm 9/30/2019 at 12:00pm

College closures can affect an entire community. They grapple with lost jobs, lost revenue, and even a loss of identity.

From the Denver Post:

Former college campuses left to adapt to business loss, redevelopment

As colleges and universities come alive this fall, some campuses sit closed and empty after succumbing to a recent wave...

Read More...
 
 
 

Wall Street Democrats Warn They’ll Sit Out 2020 Presidential Election or Support Trump if Warren is Nominee

https://www.youtube.com/watch?v=5l-254XnpkA
Comments
Permalink
Posted by  ▪  Friday, September 27, 2019 at 7:00am 9/27/2019 at 7:00am
https://www.youtube.com/watch?v=5l-254XnpkA
...
Read More...
 
 
 

U.S. Economy Only Adds 130,000 Jobs in August

https://www.youtube.com/watch?v=i6LNGRIuscE
Comments
Permalink
Posted by  ▪  Friday, September 6, 2019 at 11:00am 9/6/2019 at 11:00am
https://www.youtube.com/watch?v=i6LNGRIuscE

Yikes. The August jobs report is less than stellar as the economy only added 130,000 jobs in the month.

To make matters worse, a lot of those jobs were temporary jobs for the 2020 census.

But one jobs report should not cause a freakout. Unemployment remains at 3.7% while reports from earlier this...

Read More...
 
 
 

Expert Predicts up to 25 Percent of American Colleges Will Close in Next Two Decades

https://youtu.be/joTFddr3wFk
Comments
Permalink
Posted by  ▪  Tuesday, September 3, 2019 at 11:00am 9/3/2019 at 11:00am
https://youtu.be/joTFddr3wFk

For years now, there have been warnings that the higher education bubble was going to burst. While we have witnessed the closure of many small schools this year already, one researcher at Harvard who studies higher education says the worst is yet to come.

(more…)

 
 
 

China Complains to WTO Over Trump Administration’s Tariffs

https://www.youtube.com/watch?v=9AsQh_RwRm0
Comments
Permalink
Posted by  ▪  Monday, September 2, 2019 at 6:00pm 9/2/2019 at 6:00pm
https://www.youtube.com/watch?v=9AsQh_RwRm0

China filed a complaint to the World Trade Organization (WTO) over the tariffs set in place by President Donald Trump’s administration.

The 15% tariffs went into effect on Sunday. It covers items like tools, apparel, some shoes, and a few electronics. The overall value of the goods adds up to...

Read More...
 
 
 

Germany Heading Towards Recession, Says Government Report

https://www.youtube.com/watch?v=aQw2bdinbro
Comments
Permalink
Posted by  ▪  Saturday, August 24, 2019 at 12:00pm 8/24/2019 at 12:00pm
https://www.youtube.com/watch?v=aQw2bdinbro

Germany is heading into a recession, a report released by Chancellor Angela Merkel’s office said. The economists working at the Chancellor’s office see Germany technically in a recession given the country’s negative growth in two successive quarters, the German weekly Der Spiegel reported. Europe’s largest economy is expected to contract between...

Read More...
 
 
 

China Retaliates With Tariffs on $75 Billions of More U.S. Goods

https://www.youtube.com/watch?v=sADXhHpOn1A
Comments
Permalink
Posted by  ▪  Friday, August 23, 2019 at 1:00pm 8/23/2019 at 1:00pm
https://www.youtube.com/watch?v=sADXhHpOn1A

China has decided to implement tariffs on $75 billion worth of U.S. goods as the U.S. plans to impose tariffs on $300 billion worth of Chinese products.

These additional tariffs will cover almost all of the remaining U.S. products imported to China.

(more…)

 
 
 

Economy Remains Healthy After Employers Added 164,000 Jobs in July

https://www.youtube.com/watch?v=bE9Emm7mHu8
Comments
Permalink
Posted by  ▪  Friday, August 2, 2019 at 11:00am 8/2/2019 at 11:00am
https://www.youtube.com/watch?v=bE9Emm7mHu8

The economy added 164,000 jobs in July while unemployment held steady at 3.7%. Annual wage growth went up to 3.2%.

Overall the report satisfied analysts and economists since it almost fell in line with expectations. It shows a healthy economy despite a slight slowdown.

(more…)

 
 
 

House Approves Bill to Double Federal Minimum Wage to $15

https://youtu.be/ulNDUVtydAs
Comments
Permalink
Posted by  ▪  Thursday, July 18, 2019 at 3:00pm 7/18/2019 at 3:00pm
https://youtu.be/ulNDUVtydAs
...
Read More...
 
 
 

Restaurant Chain Files For Bankruptcy, Cites Progressive Minimum Wage Laws

https://youtu.be/ulNDUVtydAs
Comments
Permalink
Posted by  ▪  Sunday, July 14, 2019 at 6:00pm 7/14/2019 at 6:00pm
https://youtu.be/ulNDUVtydAs

The progressive push for higher minimum wage laws has had perfectly predictable results: lower-income people are most harmed, businesses switch to robots, businesses shutter, or as in the case of west coast Restaurants Unlimited, Inc., they simply file for bankruptcy. The chain closed six restaurants prior to filing.

(more…)

 
 
 

June Jobs Report Blows Past Expectations With 224,000 New Jobs

https://www.youtube.com/watch?v=URv7IRO8KO0
Comments
Permalink
Posted by  ▪  Friday, July 5, 2019 at 12:00pm 7/5/2019 at 12:00pm
https://www.youtube.com/watch?v=URv7IRO8KO0

The June jobs report blew apart expectations of economists as it showed the economy added 224,000 new jobs. Economists predicted only 160,000 jobs.

Unemployment crept up to 3.7% from 3.6%. However, the revisions are the noisy part of the report. The Labor Department trimmed 8,000 jobs...

Read More...
 
 
 

May Jobs Report: Only 75,000 Jobs Added, Unemployment Rate Still Low

Comments
Permalink
Posted by  ▪  Friday, June 7, 2019 at 3:00pm 6/7/2019 at 3:00pm

May’s jobs report is not great, but not necessarily bad. It does not help that the Labor Department revised down the otherwise great April and March jobs reports.

The economy only added 75,000 jobs, but the unemployment rate stayed at 3.6%.

(more…)