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Economy/Economics, Good News, Jobs, Money/Capitalism, Trump Revolution
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New Hiring Policy In Booming Economy: No Degree/Experience Required
by Shifra on August 8, 2018A job market where you can snag your dream job with few requirements. Thank you, President Trump. Via WSJ. Americans looking to land a first job or break into a dream career face their best odds of success in years. Employers say they are abandoning preferences for college degrees and specific skill sets to speed up hiring and broaden the pool of job candidates. Many companies added requirements to job postings after the recession, when millions were out of work and human-resources departments were stacked with résumés…. “Candidates have so many options today,” said Amy Glaser, senior vice president of Adecco Group, a staffing agency with about 10,000 company clients in search of employees. “If a company requires a degree,...
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Trump Effect: US Weekly Jobless Claims Post Largest Drop in Almost 2 Years
by Tammy on April 6, 2017This is happening because of the creation of new jobs at a record pace since Trump became president. Like February, the March jobs report is remarkable, with 263K new jobs added (this will be official on Friday). And these aren’t Obama pizza delivering “service” jobs; these are manufacturing and professional positions, real jobs with real salaries with which you can provide for your family. Via Reuters. New applications for U.S. unemployment benefits recorded their biggest drop in nearly two years last week, pointing to a further tightening in the labor market. Initial claims for state unemployment benefits declined 25,000 to a seasonally adjusted 234,000 for the week ended April 1, the Labor Department said on Thursday. The drop was the...
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Obama’s Magical Economic Recovery Tour Blames GOP For Slow Jobs Growth
by Shifra on June 7, 2016If the jobs report gets any more grim, maybe Obama can blame it all on a you tube video. Just suggesting. Via CBS News. Just as President Obama continues to tout the country’s progress toward economic recovery, the president also knocked Republicans for stalling policies aimed at growing jobs. “We’ve seen the first sustained manufacturing growth since the ’90s,” the president said in a video address released Saturday, just days after he visited Elkhart, Indiana, a once-blighted stretch of northern Indiana heavily reliant on manufacturing jobs. “We’ve cut unemployment by more than half. Really? You’ve “cut unemployment by more than half” ? Strange, because a record 94,708,000 Americans are currently not in the labor force. Another 20 million Americans have...
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Bill to Force Pentagon to Shift to US-Made Sneakers
by Tammy on May 2, 2016It’s about time. Made in the USA. Has a nice ring to it, especially for our military 😉 Via Boston Globe. New Balance has been waiting for years for the Department of Defense to buy athletic shoes that are made in this country. If US Representatives Niki Tsongas and Bruce Poliquin have their way, the Boston sneaker maker won’t have to wait much longer. The House of Representatives is poised to approve legislation within the next few weeks that would mandate that the Pentagon apply a 1941 law to the purchase of athletic footwear for its recruits. That law, known as the Berry Amendment, requires the military to buy American-made equipment and uniforms. Sneakers have long been exempt, because it...
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Gov’t Worker Takes Four Month *Paid* Vacation, Boss Was Clueless
by Shifra on August 24, 2015“Nice” work, if you can get it. Via Washington Post: A federal patent examiner racked up more than 18 weeks of pay last year for work he didn’t do, but his manager didn’t notice until he received an anonymous letter claiming the employee only showed up for his job sporadically and turned in work that was “garbage.” The letter turned out to be spot on, according to an investigation released this week by the watchdog for the U.S. Patent and Trademark Office. The examiner, a poor performer for years who was never disciplined, came and went as he pleased, swiping his badge through the turnstile at the patent office headquarters in Alexandria, Va., where he was assigned to work. He...
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Liberal Math: $15 Minimum Wage = $30 Pizzas = 25% Drop In Sales
by Shifra on August 18, 2015Yes, raising the minimum wage hurts business and causes job loss. But the Dems keep pushing it. Because…fairness! Via Breitbart: ….Last month, the small Bay Area town of Emeryville, California, (population 10,000) decided to act as flag-bearer for raising the minimum wage in California, hiking its minimum wage to $14.44 per hour. Even though businesses with less than 56 workers are exempt from the $14.44 rate and do not have to raise their wages to $15 until 2018, Vic Gumper, who owns Lanesplitter Pizza, with outlets in Berkeley, Oakland, Albany and Emeryville, decided not only to bite the bullet but swallow it, paying his workers $15 to $25 an hour while eschewing tips or raising prices. He advertised his $30...
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More Democrat Overregulation: ‘Schedules That Work Act’
by Shifra on July 27, 2015Whenever you hear a Lib spout the words “social justice” or “fairness,” you can be sure that it will not be about justice or fairness. It will, though, be about trying to control more of our lives. Sen. Elizabeth Warren and her Dem pals are trying to push through the “Schedules That Work Act,” which would require employers to give workers a minimum of two weeks’ advance notice of their work schedule. Because…fairness! Via Investor’s Business Daily: Never content to let life go on without their input, congressional Democrats now believe that it’s their job to tell businesses how to schedule employees. This is not about fairness; it’s about control. The Democrats don’t legislate — or issue executive orders —...
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Gallup Chairman: 5.6% Unemployment Is A Big Lie
by dennisl59 on February 4, 2015**Bumped Up From TAM Wire. Posted By dennisl** Written by the Chairman of Gallup, someone who does statistics for a living. Via Gallup: Jim Clifton — The Big Lie: 5.6% Unemployment Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading. Right now, we’re hearing much celebrating from the media, the White House and Wall Street about how unemployment is “down” to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market. None...
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WSJ: Barack Obama As ‘President George Costanza’
by Shifra on January 30, 2015In a recent editorial, the Wall Street Journal compared POTUS to the Seinfeld character, George Costanza. Interesting choice. (Personally, I would have gone with ‘President Alfred E. Neuman’) Via WSJ: President Costanza’s Jobs Boom – A new study shows that Mr. Obama needs a ‘Seinfeld’ epiphany In a 1994 “Seinfeld” episode, George realizes that “every decision that I have ever made in my entire life has been wrong. My life is the complete opposite of everything I want it to be.” Jerry replies: “If every instinct you have is wrong, then the opposite would have to be right.” So Costanza approaches a gorgeous woman in the coffee shop and announces, “My name is George. I’m unemployed and I live with...
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NY Times: CBO Job Loss Prediction Is “Mostly A Good Thing, Liberating!”
by Shifra on February 5, 2014Good news, everybody! According to today’s NY Times editorial, yesterday’s CBO prediction of 2.5 million lost jobs, due to Obamacare, is actually “mostly a good thing.” And, liberating! Who knew? Via Washington Examiner: New York Times editorial: CBO job loss predictions ‘mostly a good thing’ After the Congressional Budget Office estimated that Obamacare will cause the loss of 2.5 million jobs in the next 10 years, the New York Times editorial on Wednesday called the news “mostly a good thing.” Here is their b.s. Obama water-carrying absurd spin take on the CBO report: Via The New York Times: Freeing Workers From the Insurance Trap The Congressional Budget Office reported on Tuesday that the Affordable Care Act will reduce the number...
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New Obama Lie…er, Promise==> A Year of Action! National Mission! Mobilization ! Jobs!
by Shifra on January 14, 2014When I saw the following article yesterday, two questions came to mind: 1) Who writes this crap Obama’s speeches? 2) Is anyone even listening anymore? via CNS News: Obama Plans to ‘Mobilize’ Americans Around a “National Mission” President Obama says he will use his upcoming State of the Union Address to “mobilize the country around the national mission of making sure our economy offers everyone who works hard a fair shot at opportunity and success.” Mobilization? National mission? (Will we have to wear uniforms?) ….”Working folks are looking for the kind of stable, secure jobs that went overseas in the past couple decades. So next week, I’ll join companies and colleges and take action to boost the high-tech manufacturing that...
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TSA Makes Last Minute Deal For $50 Million For Uniforms
by Pat_S on March 6, 2013The sequestration cuts allegedly caused TSA agents to be furloughed causing delays at various U.S. airports (also allegedly). Those lucky TSA agents who kept their jobs are doubly graced. In an eleventh hour deal TSA spent $50 million for new uniforms. Part of the money is going to Mexico. Cuts Be Damned! TSA Orders $50 Million in New Uniforms The Transportation Security Administration made an eleventh-hour deal to buy $50 million worth of new uniforms for its agents — sealing the deal as the nation braced for the budget-smashing sequester, CNS News reports. And incredibly, as the nation continues to struggle with the outsourcing of manufacturing to countries outside the United States, it turns out the uniforms will be partially...
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On “Jobs” … That “Three-Letter Word”
by Shifra on February 19, 2013**A Post by Shifra** Remember this gem from our esteemed VP-Speller-Extraordinaire? And this, from our Joker-in-Chief: So, when I recently saw the following headline, I immediately tweeted: UPI Headline: Obama says he will focus on ‘job creation’ ...
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Of Course, Because It Was All About *His* Job==>Obama Shutting Down His “Jobs Council”
by Tammy on January 31, 2013I vaguely remember a presidential campaign all about jobs, jobs, jobs. Silly me. Obama’s jobs council shutting down Thursday As new weekly jobs numbers emerged Thursday showing a jump in unemployment claims and a report out the day prior showed the economy shrinking in late 2012, President Obama is effectively laying off his jobs council. The layoff — which comes in the form of the administration not renewing the council, which sunsets Thursday — takes off the table a first-term panel set up to field ideas from the business community for spurring growth. But the administration was accused all along of never taking full advantage of the group at a time when the economy desperately needed those ideas. The council...
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Surprise! Unemployment Down to 7.8%; Yes, Economists & Others Are Calling Shenanigans
by Tammy on October 5, 2012Not entirely unexpected considering the regular numbers shenanigans from this administration. Horrible performance for 44 months and then suddenly an improvement–the month before the election. Right. Don’t get me wrong–I’d be thrilled if this number was real, but the fact of the matter is, like with everything else Obama does, it’s baked to benefit Obama with complete disregard about the impact on regular people’s lives. Santelli and Jack Welch have already chimed in with concerns about legitimacy. I would expect we’ll see an ‘adjustment’ just after the election reflecting the real number. The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate declined because more people...