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Jobs Tag

Posted by Mary Chastain on March 08, 2019 16 Comments
Holy cow, what a drop off. The February jobs report shows the economy only added 20,000 jobs last month. Experts predicted 180,000 jobs. However, the unemployment rate fell to 3.8%.

Posted by Mary Chastain on March 01, 2019 36 Comments
Unions and Democrat politicians asked Amazon to come back to Long Island City, Queens, in an open letter in The New York Times. They wrote:
New Yorkers do not want to give up on the 25,000 permanent jobs, 11,000 union construction and maintenance jobs, and $28 billion in new tax revenues that Amazon was prepared to bring to our state. A clear majority of New Yorkers support this project and were disappointed by your decision not to proceed. We understand that becoming home to the world’s industry leader in e-commerce, logistics and web services would be a tremendous boost for our state’s technology industry, which is our fastest growing generator of new jobs. As representatives of a wide range of government, business, labor and community interests, we urge you to reconsider, so that we can move forward together.

Posted by Mary Chastain on February 28, 2019 9 Comments
The gross domestic product (GDP) in the last quarter of 2018 grew 2.6%, which exceeded expectations. This is the first time since President George W. Bush that we had four straight quarters with GDP growth 2% and up. Experts thought the GDP, "a broad measure of the goods and services produced across the U.S.," would land at 2.2%.

Posted by Mary Chastain on February 01, 2019 16 Comments
The economy added 304,000 jobs in January, the 100th month in a row with growth. Experts predicted only 107,000 jobs in January. Labor force participation (LFP) is the highest it's been since 2014 at 63.2%. Average hourly wages only grew by 0.1%, but overall it's up 3.2% from a year ago. The unemployment went up slightly from 3.9% to 4%.

Posted by Mary Chastain on November 09, 2018 9 Comments
Bloomberg has reported that more senior citizens have entered the fast-food market as those restaurant chains have actively aimed to recruit this age demographic. Yes, the job market is tight, but the senior citizens have what teenagers lack: social skills and punctuality.

Posted by Mary Chastain on August 30, 2018 15 Comments
The Department of Labor's Job Corps program receives an annual budget of $1.7 billion dollars. You'd think a program that is a sacred cow to people on both sides of the aisle and with that budget pushes out success after success. Nope. This Great Society program birthed by JFK's brother-in-law R. Sargent Shriver has turned into a money pit, a waste of that taxpayer money, according to those close to the program who spoke to The New York Times:
“Job Corps doesn’t work,” said Teresa Sanders, a former teacher at the North Texas center who quit in frustration in 2015 after a rash of violent episodes inside the center, but who keeps in touch with dozens of former students through a Facebook page. “The adults are making money, the politicians are getting photo ops. But we are all failing the students.”

Posted by Mary Chastain on August 28, 2018 7 Comments
Overall the jobs reports during President Donald Trump have shown stellar economic growth with low unemployment and almost more jobs than job seekers. More jobs means more money for people, which means more money poured into the economy. More news came out today as the research group The Conference Board revealed that consumer confidence is the highest its been since October 2000.

Posted by Fuzzy Slippers on June 02, 2018 80 Comments
The leftstream media went into full meltdown mode Friday after President Trump tweeted that he was looking forward to the jobs report. With the speed of the ace reporters of yore leaping into action when an actual story breaks, they all leaped to their keyboards and tapped out stories about how Trump "broke protocol," may have broken a federal rule, may be guilty of insider trading or "worse," was "indiscreet with confidential information," and on. And on.

Posted by Mike LaChance on January 04, 2018 54 Comments
At a town hall meeting in 2016, then President Obama said of manufacturing: "Some of those jobs of the past are just not going to come back." With that in mind, it's very interesting to learn that manufacturing in the United States is up. Way up.

Posted by Mary Chastain on May 05, 2017 4 Comments
The U.S. economy received a huge boost in April after it added 211,000 jobs and unemployment dropped to 4.4%. That's the lowest unemployment number since May 2007. From Fox News:
In an encouraging sign, the number of part-time workers who'd prefer full-time jobs has reached a nine-year low. That trend suggests that many employers are meeting rising customer demand by shifting part-timers to full-time work. During much of the economic recovery, the number of part-timers remained unusually high, one reason why steady job growth failed to produce sharp gains in pay or consumer spending.

Posted by Mary Chastain on March 29, 2017 7 Comments
Who doesn't love Mike Rowe?! The Dirty Jobs star has become well known for his videos that encourage people to learn a trade and get to work. For the fourth year in a row, he has launched a scholarship for those who want to learn a certain trade:
“Every year, we do a work ethic scholarship,” explained the 55-year-old on “Fox & Friends" Tuesday. “It’s not huge, but we set aside five or six hundred grand and we put it in a pile and we invite people who want to learn a skill that’s actually in demand to make a case for themselves [such as] an essay, video, references.”

Posted by Mary Chastain on March 10, 2017 3 Comments
The Labor Department has reported that the U.S. economy added 235,000 jobs in February. This stat has lowered the unemployment rate to 4.7% while wages went up "2.8 percent from February 2016." From Bloomberg:
“We’re getting closer and closer to full employment,” said Ryan Sweet, an economist at Moody’s Analytics Inc. in West Chester, Pennsylvania. “Wages had been the one sore spot in the labor market data, and I think that’s coming through here. With inflation accelerating I think we’re going to start to see even stronger wage growth down the road.” The prospect of a Fed rate increase at its meeting next week is “pretty much a slam dunk,” he said.
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