The US economy continues to motor along. After a first quarter report of GDP growth at 3.2%, the job numbers are spectacular. The US Unemployment rate hit a 49 year low of 3.6 percent.
A strange thing happened on the way to the unemployment line. The line got shorter. Another strange thing? About 70% of jobs filled in 2018 came as a result of individuals who were not even in the labor force. Folks who had given up looking got up and got a job.
The laboratories of the States (and some cities) have proven time and again that politicians are a threat to the job market. Mandatory minimum wages never create more jobs. They result in higher unemployment, fewer hours, higher prices, and less opportunity. Local Democrats have decided they want that for New Hampshire.
I guess funemployment wasn’t as much fun as we were told. People have been abandoning it in droves. We also need to question Nancy Pelosi’s “Pelosi-ism” about unemployment being so damn good for the economy. Current trends suggest otherwise. And how about when in the midst of the so-called ‘Obama Recovery’ Democrats were demanding a hike in unemployment benefits? In …
Jobless Claims at Historic Low – Democrats Promise to Ruin That If You Elect Them Read More »
Employment for ‘people of color’ continues to set records under President Trump. Back in April 2018, we reported on record-low 5.9% unemployment for black Americans. That’s the lowest its ever been. Ever. In June 2018, Hispanic-Latino unemployment (ages 16 and up) reached an all-time low of 4.6 percent. The lowest since records were kept. And this isn’t just …
First Black Unemployment, and Now Hispanic Unemployment Hits a Record Low Read More »
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 …
He owns this, not Bush. He has no one else to blame but himself. And the people I feel most badly for are the twenty-somethings – they voted for this incompetent who has now set their lives onto the slow track. (H/T: Instapundit)
Emphasis mine: On Tuesday, New Hampshire adjunct professors stood outside Manchester Community College to protest the limit. Some said the realization that the health care law they once supported is being used against them was a harsh reality to swallow. Craig Lange is a member of the team that has been negotiating for a contract …
A booming, and initially perceived, oddity emanated from the White House like a streaking tie-dyed progressive woman jaunting across the south lawn with the vapors after having just caught a glimpse of The One standing in the Rose Garden doing…well… nothing as usual, but closer inspection reveals the tie-dyed streaking woman was just Chris Matthews …
I confess that I missed this (until now). Democrat Maxine Waters (D- Doh!), relieved that she is not in prison for all the corruption she has engaged in while elected to the US House of representatives, is making up for that by just being herself. “We don’t need to be having something like sequestration that’s going to …
