April Jobs report shows the "real issue" facing millions of Americans
There are those who would have every gullible person to believe that the words of Clive Bundy and Donald Sterling somehow represents the most important issue in their lives. A good distraction will always take people's attention away from the real issues the orchestrator of the distraction doesn't want you to see. So what is the real issue that the powers that be in the media and in the White House don't want the masses to become aware of?
The April's job report was released by the Labor Department. It wasn't really good. The economy did create 288,000 jobs, which is the glass half full. The unemployment rate dropped to 6.7 in March to 6.4 percent in April In a healthy labor market, that would be great news, but this isn't a healthy labor market, and the only reason the unemployment number dropped so sharply is due to a sharp rise in people giving up looking for work and exiting the job market. When people aren't looking for work, they aren't counted by the Labor Department as unemployed. The real staggering figure that sticks out is that
92 million people are not in the Labor Force
The population of the United States is just over three hundred million. That number includes the twenty million or so illegal aliens. Almost one-third of the adult population isn't working. That is the real issue.
The April's job report was released by the Labor Department. It wasn't really good. The economy did create 288,000 jobs, which is the glass half full. The unemployment rate dropped to 6.7 in March to 6.4 percent in April In a healthy labor market, that would be great news, but this isn't a healthy labor market, and the only reason the unemployment number dropped so sharply is due to a sharp rise in people giving up looking for work and exiting the job market. When people aren't looking for work, they aren't counted by the Labor Department as unemployed. The real staggering figure that sticks out is that
92 million people are not in the Labor Force
The population of the United States is just over three hundred million. That number includes the twenty million or so illegal aliens. Almost one-third of the adult population isn't working. That is the real issue.
5 Comments:
CB-"The economy did create 288,000 jobs, which is the glass half full."
I would consider that the glass is 1/4 full, since that is less than the population of major metropolitan city like New York or LA. Since the US population is around 300 million, I would consider that 1/8 full. Maybe the jobs are in Alaska, since the state's population is around 700,000. Still it's a low number.
-BP
-BP "I would consider that the glass is 1/4 full, since that is less than the population of major metropolitan city like New York or LA. Since the US population is around 300 million, I would consider that 1/8 full. Maybe the jobs are in Alaska, since the state's population is around 700,000. Still it's a low number."
I should have said that the cup was half full with the bottom of the cup having several large holes in it. The recession ended in June of 2009, this has been the worst economic recovery following a recession in American history. The Obamatrons can't even defend this. The go to defense of Bush just doesn't work for them anymore. Alaska and the Dakotas are some of the few places where good paying jobs are plentiful due to the oil shale boom and also texas, but Texas has always been a stand out as a job creation state.
Up here in Seattle, Mayor Ed Murray plans to raise the minimum wage up to $15/hour for privately owned businesses for the next three to seven years. Ironically, Washington already has the highest minimum wage of any U.S. State, at $9.32 per hour.
https://news.yahoo.com/seattle-mayor-plans-raise-minimum-wage-15-over-184657985--business.html
Much as I would love to make $15/hour, I would have to work much harder to earn that much where I live (I live outside Seattle). The problem I would argue here, since the economy is not doing so well, the employers, in order to pay for their staff at $15/hour, would have to layoff a bunch of their worker and keep the ones who are more qualified. Also, to pay for their workers, chances are that they would have to raise the prices of their products. Good luck in having to pay for that $10-$12 cheeseburger. And they wonder why business is slow.
-BP
Corporate chieftains believe the minimum wage should be $0.
My Post-"Much as I would love to make $15/hour, I would have to work much harder to earn that much where I live (I live outside Seattle). The problem I would argue here, since the economy is not doing so well, the employers, in order to pay for their staff at $15/hour, would have to layoff a bunch of their worker and keep the ones who are more qualified. Also, to pay for their workers, chances are that they would have to raise the prices of their products. Good luck in having to pay for that $10-$12 cheeseburger. And they wonder why business is slow."
Now California Rep. Barbara Lee, who praise Mayor Ed Murray for his attempts to raise minimum wage in the greater Seattle area, wants to raise California's minimum wage up to $26.00. Depending currently, how much you make an hour, that would be about 2-3 hours wage. If she would succeed in doing that like what Mayor Murray is attempting, businesses are going to hurt financially. Would they be willing, since they do make more than $15-$26/hour, contribute their earnings to keep businesses afloat?
-BP
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