Employment

jobsmobs

Wage Growth Highest Since 2009 – Consumer Confidence Soars to Highest in 18 Years

If Democrats were hoping for a pre-election push from today’s job numbers they got it, but in the wrong direction. Hiring accelerated in October and the unemployment rate held at a 49-year low, signs of a strengthening labor market that delivered U.S. workers the best pay raises in nearly a decade. U.S. nonfarm payrolls increased …

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Remember the “Summer of Recovery?” Trump Finally Delivered

Remember the ‘Summer of Recovery?’ It became an annual “festival” celebrated by the media, and the left each and every season after the elevation of his majestic almighty greatness Obama I. Every summer henceforth shall be named recovery summer. We should have coined a catchy mysterious tagline like “Summer is coming.” But recovery summer never …

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Data Point – “Worker pay and benefits climbing at fastest pace in 10 years, ECI finds”

The numbers: American workers are finally reaping the benefits of the lowest unemployment rate and best jobs market in decades: Wages and benefits are rising at the fastest pace in a decade. The employment cost index rose 0.6% in the second quarter, a tick below the MarketWatch estimate of 0.7%. More important, the cost of worker compensation …

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Data Point – American ingenuity and productivity; Texas

Texas Oil Peak Cyclical Employment             Production Rig Date Workers (BBL/Day) Count         October 2008 211,100 1.125 Mil 925         December 2014 295,100 3.532 Mil 872         March 2018 215,900 4.052 Mil 492 (H/T: Forbes)  

NH Democrat All Gurl Delegation Silent on Record Low Black Unemployment

As reported June 1st, the nation reached a milestone. Black unemployment has hit a record low. Racial disparity in unemployment is also at a historical low. That’s kind of crazy if we really are all a bunch of racists. But even if we were, which we are not, you’d expect that so-called party of People …

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New Hampshire Economy Sets Records for Employment and Labor Force Participation

Last week some Democrat stooge was on the radio badmouthing Governor Sununu on the economy and workers and families and wages (insert dancing donkey in a top hat), but she did it without actually saying anything. It was all empty rhetoric. Palm card pablum. Yes, I have plenty of issues with Chris Sununu’s “priorities.” I …

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Bet You Didn’t Know – Black Unemployment Hit a Record Low In May

Last Month, in April of 2018, the unemployment rate for black Americans hit a record low. You probably didn’t know that for the same reason you didn’t know this. Black unemployment fell precipitously to 5.9 percent after a record-setting low of 6.6 percent the previous month, while unemployment for white workers dropped from 3.6 to 3.5 percent. …

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Let Them Eat Crumbs!

CNBC is reporting that jobless claims have hit a 48-year low (which for the math challenged includes the years when Obama was President). Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 211,000 for the week ended May 5, the Labor Department said on Thursday. Claims dropped to 209,000 during the week ended April …

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Judge Rules Illegals Can Sue Employers For Refusing To Hire Them

This is interesting. For the second time in a few years, a federal court has ruled that illegal immigrants can sue American employers that refuse to hire them because they require workers to be U.S. citizens or legal residents (green card holders). The latest blow to the rule of law was delivered by an Obama-appointed …

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