Posts Tagged ‘unemployment’
Democrats throw black voters under the bus.
One of the sleeper issues surrounding the debate on amnesty for illegal immigrants – an inconvenient one that no proponent of a widespread amnesty wishes to acknowledge – is the devastating effect so-called immigration reform will have on African Americans.
The black unemployment rate is almost 11 percent, far higher than that of any other group profiled by labor statistics. African Americans are disproportionately employed in lower-skilled jobs – the very same jobs immigrants take. As Steven Camarota asked in a recent column, why double immigration when so many people already aren’t working?
Who will be harmed most by amnesty? African-Americans.
Read more by A. J. Delgado at NationalReview.com
I asked the same question in an update to Erika’s post on Barack Obama’s unilateral move to accommodate young illegal immigrants by refusing to deport them and issue them temporary work permits instead. With potentially as many as 800,000 new workers flooding into the system, what happens to the millions of Americans who can’t find work now? The Washington Post wonders the same thing, and more:
Read more by Ed Morrissey at HotAir.com, June 16, 2012
Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened.
The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed.
“It started long before Obama, but he hasn’t done anything,” said John Forsyth, 58, a railroad-car inspector and political independent from Lebanon, Ohio. “He kept pushing this change, change, change, and he hasn’t done anything.”
Underlying the erosion of the middle class, defined by some economists as the middle 60 percent of income earners, are trends that stretch back decades, including competition from lower-wage workers overseas and technological advances that allow factories and offices to produce more with less labor.
Read more By Mike Dorning at Bloomberg.com from 2012.
While the president has been urging “insourcing,” the government has been sending money to the Philippines to train foreign workers for jobs in English-speaking call centers.
According to New York Democratic Rep. Tim Bishop and North Carolina Republican Rep. Walter Jones, this is unacceptable and “shocking.”
The pair are calling on the United States Agency for International Development (USAID) to immediately suspend what is known as the Job Enabling English Proficiency (JEEP) program.
According to Jones’ office, in 2010, after the two men compelled USAID to end a similar training program in Sri Lanka, the agency assured the congressmen that they would “conduct a review to ensure the project will not take any jobs away from Americans.”
Read more By Caroline May at The Daily Caller
Call it the million-worker mystery.
A large chunk of American adults are no longer in the labor force. That has left economists divided over how many of them are voluntarily not working-or even looking for work-because they wanted to retire, go to school or take care of family members, versus how many have been forced out because they couldn’t find a job.
Read more by Allison Linn at CNBC.com
In 2008, he seemed like the coolest cat to hit the national scene in a long time, almost scientifically engineered to appeal to idealistic young Americans. How times have changed.
It’s like totally official, now, bro: Even the young Americans who were central to Barack Obama’s election in 2008 and 2012 are sick of the president, with a large and growing majority disapproving of the job he’s doing. In this, they’re just like their elders.
Read more by Nick Gillespie at TheDailyBeast.com
This is sheer madness. the people that are already citizens will be put on the back burner for US businesses that are at least 50+ to choose illegals over the citizens. Basically if you hire a citizen over one of the new 11 million legalized you (the business owner) will be penalized $5000 per head!
The Obama administration continues to discount the huge impact its health overhaul law is having in turning America into a part-time nation, calling reports anecdotal and not based on complete data.
To paraphrase Groucho Marx: Who are you going to believe? Me, or your own eyes?
An avalanche of “anecdotes” continues to pile up as workers across the country are having their hours cut and their health benefits slashed across a broad range of industries.
Read more by Grace-Marie Turner at Forbes.com
The level of underemployed workers looks bad on its face but even worse when it’s not the government doing the counting.
When the Labor Department released its monthly nonfarm jobs report Friday, it was all sunshine and roses except for one glaring weakness: A big jump in the underemployment rate that includes those who have quit working as well as those who have had to take part-time jobs even though they’d rather work full-time.
That rate, which economists call the U-6, jumped from 13.8 percent in May to 14.3 percent in June—a 3.6 percent increase and indicative that the 195,000 new jobs created in the month weren’t exactly of the highest caliber.
Read more by Jeff Cox at CNBC.com
by Gov. Scott Walker
1) The new budget provides nearly $1 billion worth of tax relief—including an income tax cut reducing all rates, shrinking the number of rates, and reforming the tax code.
2) The new budget continues to provide property tax relief by limiting levy increases—and by limiting the ability of local governments to shift levy costs off onto new fees.
3) The new budget expands school choice statewide, strengthens the current system, and provides a tax deduction for families who send their kids to private schools.
4) The new budget assists home school parents.
5) The new budget freezes tuition at all University of Wisconsin campuses for the next two years.
6) The new budget keeps local governments from enacting “nanny state” requirements on citizens regarding size of soda and food, like they’ve done in New York City.
7) The new budget protects individual rights by prohibiting residency requirements that have nothing to do with an employee’s work requirements.
8) The new budget protects utility ratepayers from picking up the costs of the proposed trolley in the City of Milwaukee.
9) The new budget reforms entitlements like unemployment benefits, food stamps and Medicaid, so people can transition from government dependence to true independence.
10) The new budget affirms my position that we will not take the Medicaid expansion under Obamacare.
China’s manufacturing advantage over the U.S. is actually due to a complex array of unfair trade practices, all of which are illegal under free-trade rules.
The American economy has been in trouble for more than a decade, and no amount of right-wing tax cuts or left-wing fiscal stimuli will solve the primary structural problem underpinning our slow growth and high unemployment. That problem is a massive, persistent trade deficit — most of it with China — that cuts the number of jobs created by nearly the number we need to keep America fully employed.
To understand why huge U.S. trade deficits represent the taproot of the nation’s economic woes, it’s crucial to understand that four factors drive our gross domestic product . . .
Read more by Peter Navarro at latimes.com
A small, thriving minority now dominates the national conversation, even as more and more Americans struggle to get by, writes Stuart Stevens.
Today, 21 and a half million Americans are unemployed or underemployed—about twice as many as six years ago, according to NPR. Work-force participation, a fancy term for the number of Americans either working or looking for work, has dropped to “the lowest level since the malaise of the late 1970’s,” an era when far fewer women were working, according to MSNBC.
Yes, the unemployment rate dropped last month—but only because so many people simply gave up looking for work. The dirty little secret is that after only four weeks of not looking for a job, an unemployed worker stops being counted. So far as the jobless numbers are concerned, that person ceases to exist. But, of course, they do exist and continue to be counted in other, troubling statistics:
Read more by Stuart Stevens at TheDailyBeast.com