Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts
An Act To Reduce Opportunity For The Most Vulnerable
by Thomas Sherrer. Minimum wage kicks low-skill workers to the curb. Wildfires aren’t the only things spreading rapidly in this California drought; the desire to increase minimum wages along the West Coast apparently burns equally as hot. California’s minimum wage recently increased to $9 an hour giving Golden State workers the fourth ... MOREThomas Sowell: Is Thinking Obsolete?
The evidence is mounting. Some have said that we are living in a post-industrial era, while others have said that we are living in a post-racial era. But growing evidence suggests that we are living in a post-thinking era. Many people in Europe and the Western Hemisphere are staging angry protests against Israel's military action in Gaza. ... 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 ... MOREWalter E Williams: Please Stop Helping Us
Misplaced loyalty. While reading the first chapter of Jason Riley’s new book, “Please Stop Helping Us,” I thought about Will Rogers’ Prohibition-era observation that “Oklahomans vote dry as long as they can stagger to the polls.” Demonstrative of similar dedication, one member of Congress told Vanderbilt University political scientist Carol Swain ... 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? ... MOREKatie Kieffer: Socialism Punked You, Millennials
A window of opportunity arises. “Here’s your drink, darling,” the bartender said with a smile. He seemed upbeat as he made drinks and greeted customers. “Do you like your job?” I asked him. “I hate it,” he confessed. “Honestly, I hate my job.” I keep running into young people who put on a show of being happy with their lives but, when ... MORE
Thomas Sowell: A Primer On Race
The state against blacks. Back in the heyday of the British Empire, a man from one of the colonies addressed a London audience. "Please do not do any more good in my country," he said. "We have suffered too much already from all the good that you have done." That is essentially the message of an outstanding new book by Jason ... MOREWhy Seattle Is Wounding Itself With That Minimum Wage
by Steve Forbes. Seattle is enacting a $15-an-hour minimum wage, which will destroy jobs, especially for young people, and bankrupt numerous small businesses that operate on tight profit margins. It will drive companies to substitute machines for labor. For example, expect more fast fooderies to put in automated kiosks to process ... 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 ... MOREVIDEO: Jobs Mysteriously Vanish As Min Wage Increases
Peter Schiff on our politicians' latest job-killing proclamations.
California Rep Wants State Minimum Wage To Be $26 Hour
The inmates are running the asylum. Rep. Barbara Lee, D-Calif., said that she supports raising minimum wage in the state of California to $26 an hour, adding that she doesn’t think such a hike would hurt small business owners. Speaking on CNN’s “Crossfire,” the California Democrat disagreed with Republican congressmen looking to ... 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
In 20% Of American Families, EVERYONE Is Unemployed
by Michael Snyder. The real unemployment rate. According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. So when someone tries to tell you that the unemployment rate in the United States is about 7 percent, ... MORELiz Peek: Obama Promotes A Society Of Helpless Victims
Dependency sells. Eric Holder stirred up a hornet’s nest the other day, whining to a mostly black crowd about the ill treatment he received from a Congressional Committee. Holder seemed to imply that he and President Obama have come in for rough treatment because they are black. It was a stunning comment. This is, after all, Eric Holder, ... MOREHarry R. Jackson Jr: Minimum Wage Is All Jacked Up
Shrinking opportunities for low-skill workers. I grew up in a family who had to stretch their money the best way they could. So I understand those in our nation who labor hard to pay their monthly bills. As our economy continues to struggle, the President and his congressional allies are proposing another hike in the federal minimum wage. ... MORE
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