Official lies from government. 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 ... MORE
Showing posts with label jobs. Show all posts
Showing posts with label jobs. Show all posts
Jim Clifton: The Big Lie: 5.6% Unemployment
Official lies from government. 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 ... MOREErica Martinson: 'The Most Expensive Regulation Ever'
Obama rolls out a major EPA rule. The Obama administration proposed a draft air pollution rule
on Wednesday that business groups charge could be the costliest
regulation of all time — setting up a test of how hard the president
will fight for his environmental agenda against a newly strengthened
GOP. President Barack Obama has already ... MOREMelony Armstrong: My Struggle For Braiding Freedom
Government's heavy-handed employment barriers. Public officials at the federal, state and local levels chatter constantly about employment and job creation. Unfortunately, not enough of them seem concerned about the nonsensical barriers they and their predecessors erect that often stand in the way of budding entrepreneurs ... MOREMinimum Skills Translate To A Minimum Wage
by Abdul-Hakim Shabazz. Whenever I read an article about fast-food workers demanding $15 an hour I have to double check and make sure I am not getting my news from the Onion or some other satirical website. You’ve seen the headlines as of late. A group of low-skilled, usually low-educated, workers are demanding $15 an hour just ... MOREEli Lehrer: Hiking the Minimum Wage Won't Help the Poor
Doing more harm than good. The ground has been shifting in the battle over the minimum wage. With President Obama's proposal to hike the national minimum from $7.25 to $9 an hour stalled in Congress, local labor activists have been aiming even higher, getting behind a vastly higher minimum wage of $15 an hour. The proposals are ... MOREIBD: The Worst Job Stat Continues To Get Even Worse
by Jed Graham. Amid all the focus on boosting the minimum wage and legislating living wages, virtually no one seems to have noticed what is happening to the workweek in low-wage industries.
Since December 2012, private industries paying up to about $14.50 an hour have added, on net, 972,000 nonsupervisory jobs with an average workweek of a mere 17.7 hours, an IBD analysis finds.
That doesn't mean new employees are being hired for such few hours. Rather, it reflects a combination of reduced hours in existing jobs and ... MORE
Young, Bummed & In Debt: Why Aren't Millennials Angrier?
by Veronique de Rugy. Until recently, a bad job market was nearly always bad news for political incumbents. Unemployed and anxious voters have a habit of throwing the bums out. But headed into the 2016 election season, one large demographic group is still likely to vote Democratic: millennials. Which is weird, because when it comes to the labor ... MOREBurger Robot Poised to Disrupt Fast Food Industry
by Jason Dorrier. The fruits of raising minimum wage. I saw the future of work in a San Francisco garage two years ago. Or rather, I was in proximity to the future of work, but happened to be looking the other direction. At the time, I was visiting a space startup building satellites behind a carport. But just behind them—a robot was cooking up ... MORE
Jeffrey Folks: Regulating The Roads, And Everything Else
Devastating regulation. Aside from liberals in Washington and some at the New York Times, most economists agree that increased regulation strangles economic growth. Exactly how this works can be demonstrated by a simple experiment. In a group of 25 individuals, assign one the task of arranging the remaining 24 persons in order of height by ... MOREPeter Morici: The Real Unemployment Rate Is At Least 18%
Dismal future for low-skill workers. Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by ... MOREKatie Kieffer: One Year of Fracking in CO. Creates More Jobs Than Has Obama’s Entire Economy For Millennials
If only government got out of the way. Fracking in the state of Colorado during the year 2012 created 111,000 jobs whereas Barack Obama’s entire economy has only generated 110,000 jobs for Millennials since 2007. What is wrong with our president? Does he suffer from a migraine headache or is he simply refusing to think straight? ... MOREJohn Stossel: Here Comes Tomorrow
Robots will make our future better. Ray Kurzweil — inventor of things like machines that turn text into speech — has popularized the idea that we are rapidly approaching "the singularity," the point at which machines not only think for themselves but develop intellectually faster than we. At that point, maybe we no longer talk about "human ... MORE
Seattle Ignites Robot Revolution With $15 Minimum Wage
by Scott Shackford. Our labor participation rate is
terrible
and our
economy shrank by 1 percent in the first quarter of the year.
So it's the perfect time to raise the minimum wage to a degree
unseen in America before, right? That's what Seattle has done. Yesterday the Seattle City Council
unanimously voted to raise the city's minimum wage ... MOREIra Stoll: How Raising the Minimum Wage Destroys Jobs
Making it pay to automate. For anyone who dismissed as a bunch of right-wing propaganda the
claim that a higher minimum wage and mandatory health benefits
would mean more workers replaced by computer screens, here is a
reality check. McDonald's
announced this month that it will deploy computer kiosks at
7,000 restaurants in ... MOREUnemployment Down As Americans Drop From Labor Force
by Ed Krayewski. The headlines say
the news is good. Official unemployment in the U.S. dropped from 6.7 to 6.3 percent, the lowest rate in five years, as 288,000 nonfarm jobs were added, according to the Bureau of Labor Statistics (BLS). The steep drop in the unemployment rate, however, was a function
of more than 800,000 ... MORE
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