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unemployment

The illusion of a recovery: Unemployment drops as part-time work explodes

Recovery Summer Episode VI, Revenge of the Part-Timers. In the new landscape of the American labor market, jobs are easier to come by but hours remain in short supply. New government data released Thursday showed the economy added 288,000 jobs in June — the fifth straight month gains have topped the critical benchmark of 200,000. The unemployment rate fell to 6.1 percent, down more than a percentage point over the past year. But there’s a gnawing fear among some economists that the improving data provides false comfort. The number of people in part-time jobs jumped by more than 1 million […]

George W. Bush’s Stimulus vs. Barack H. Obama’s – A Look Back

When Obama came into office, he faced the bursting of the housing bubble and a big recession. His answer was to respond with a stimulus package, mostly full of spending, but with some minor tax cuts thrown in for lip service. But his predecessor also came into office faced with a big recession and he also responded with his own stimulus package. Let’s take a look at the way both men handled the problems facing each. As I said above, let us remember why the Bush tax cuts even took place. When Bush & Cheney took office, they faced a […]

Unemployment Down Due to People Getting Jobs, or People Giving up and Dropping out?

If you believe the Obama administration, or his sycophants in the MSM, the unemployment rate is down because of the President’s exceptional leadership and policies in the face of the racist GOP.  This should not come as a surprise, nor should we be surprised that the unemployment rate is really down due to the fact that so many people have dropped out, and given up on trying to find a job.  The Federalist has more… According to new data from the Bureau of Labor Statistics (BLS) released this morning, the U.S. economy last month added 74,000 new payroll jobs, while the […]

Thanks for the Great Recovery, Mr. President!

The biggest problem facing Americans for the last several years is the lack of jobs. Recent surveys have shown that most middle class Americans are worried about hanging on to what they have rather than striving to improve their lot in life. Young Americans are particularly concerned for their futures. But, our fearless leaders in Washington seem to think that the most important issues improving  the rights of gays, improving the rights of illegal immigrants, and reducing our First and Second Amendment rights. Many times on this page I have talked about graph of workforce participation rate. Since Obama took […]

After Over a Century in Business, Oberdorfer Killed by Obama Economy

It seems that the Obama economy and ObamaCare did in Oberdorfer, a Dewitt, NY foundry, that two world wars, the Great Depression, organized labor, and event he Carter presidency.  It could not, however, survive a second term of Barak Obama.  The Lonely Conservative has the details.  The “2008 recession” is the recession that never ends. The unit which started its operation in late 19th century had been a major producer of cylinder heads and other vital military items. Oberdorfer was the specialized manufacturer of complicated aluminium castings for airplane engines. The company which survived many recessions in its long run, […]

More ObamaCare Layoffs: Medical Providers Now Bracing for Impact

The ObamaCare Layoffs continue to pile up.  In this edition, we see some medical providers that are taking action to stay in business-by laying off workers.  Michelle  Malkin has the details… The ramping up (or down, depending on how you look at it) for full implementation of Obamacare continues: In the largest staff reduction in its nearly 100-year history, Orlando Health is cutting up to 400 jobs starting immediately, hospital system officials announced Monday. The move is part of a broader effort to position the hospital system for the health-care overhaul, CEO Sherrie Sitarik said. The elimination of jobs will occur […]

Layoff Update: Over 75,000 Lose Their Jobs Since Obama’s Election Day Victory

Categorize this under “elections have consequences.”  There is news on the layoff front. In the few days since President Obama won his surprising, fraud filled victory, over 75,000 people lost their jobs.  Breitbart has more… The Department of Labor has announced that new jobless claims rose by a staggering 78,000 in the first week after the election, reaching a seasonally-adjusted total of 439,000. Over the past year, and in the weeks leading up to the election, jobless claims were said to be declining, dipping as low as 339,000, with the media proclaiming that they had reached the “lowest level in more […]

Layoff Bomb Continues: Social Media Traffic Reflects Grim Job Outlook

It seems that the layoff bomb continues.  Here is a screencap from Twitchy. The main article has even more, so check it out. More and more people are losing their jobs, and it doesn’t appear to be slowing.  The question is, how long before the media covers it, and what spin will they use to cover for the Obama Administration? NOTE:  The tweets shown above are as is, I can make no claim to their veracity.  It is, after all, the internet.  However, I see little benefit to lying about these things.

Small Business Owners Explain Why ObamaCare Causes Cuts in Hours and Layoffs

As the layoffs continue to mount, and the left continues to blame everyone/everything but Obama’s policies, business people continue to attempt to explain the situation.  FOX News has the video.  Why FOX News?  Because the other networks won’t cover it! Of course, leftists will probably promise to boycott these businesses, and try to put them under.  Because, as we all know, putting all of the workers in the unemployment line is far better than some of them losing their jobs.  As far as I can ascertain, it must be a twist on the normal liberal fairness meme.  You see, if some losing their jobs, and others […]

Leftist Meme for Layoff Bomb, Anything but Obama’s Policies!

As the layoff bomb continues, it might be a good idea to take a look at the probable reaction from the left.  For this one, I think it will rather simple.  It’s all going to be variations on the leftist classic… It’s ALWAYS something or someone else’s fault.   Remember that no matter what happened in Obama’s first term, it was Bush’s fault?  Or maybe even a tsunami?  Or perhaps ATM machines?  It doesn’t matter how bad the liberals fail, the fault always lies elsewhere. This is not  new.  The communists made an art form out of it.  Remember this from […]

Elections Have Consequences: Layoff Roundup

Elections Have Consequences, Obama, Layoffs, ObamaCare, Tax, penalities

Food Stamp Growth Outstrips Net Jobs Growth by 75X’s

This is Obama’s America, where food stamps grow at 75x’s the rate of jobs. Take a look at this graphic, via The Weekly Standard… Of course, we can continue on this track, or even grow at  a faster rate.  All we have to do is re-elect Barak Obama.  

Labor Force Participation Rate Continues Obama Drop

The Bureau of Labor Statistics measures the number of people in the US who are employed- it’s called the Labor Force Participation Rate. Since 1980, on average 65.8% of the number of people available to work have in fact been producing goods and services. From 1988 to 2008 we were above this average, but since 2008 the number of people being productive, paying taxes, and contributing goods and services to our nation’s wealth has dramatically dropped. Today, only 63.5% of people are employed and this number is dropping steadily- in the last year alone the number of people participating in […]

Layoff Update: Lockheed Martin Delays Announcing Tens of Thousands of Layoffs Until After Election

As we covered earlier, the Obama Administration if offering to pay the fines and expenses of companies that would otherwise have to announce layoffs just before the election.  Michelle Malkin has the update, citing that Lockheed Martin has taken the Government deal… As we discussed on Saturday, the Obama administration has offered to cover expenses (court-ordered penalties, severence costs, etc) for contractors willing to ignore the WARN Act by delaying sending layoff notices to tens of thousands of their employees who will likely be hit by Pentagon budget cuts. Following up on that, today, Lockheed Martin said “count us in”: Lockheed Martin said Monday […]

Obama to Illegally Delay Upcoming Layoffs, Promises to Cover Companies Fines and Expenses

What happens when layoffs are coming…lots of them, and the law dictates that they be announced just before the election?  Apparently, the Obama administration is allowing companies to skate, while promising to cover their expenses for breaking the law.  Michelle Malkin has the rest.   According to the WARN Act, employers must provide 60 days notice to workers, labor union reps, local governments, etc., in advance of plant closings and mass layoffs that fall within the parameters of the Act. Defense contractor layoffs due to sequestration cuts (that Obama is pictured above announcing in January of this year) are looming January 2, 2013. […]

Bud Abbott and Lou Costello on “Unemployment”

Internet meme…. COSTELLO: I want to talk about the unemployment rate in America. ABBOTT: Good subject. Terrible times. It’s about 9%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 16%. COSTELLO: You just said 9%. ABBOTT: 9% Unemployed. COSTELLO: Right 9% out of work. ABBOTT: No, that’s 16%. COSTELLO: Okay, so it’s 16% unemployed. ABBOTT: No, that’s 9%… COSTELLO: WAIT A MINUTE!! Is it 9% or 16%? ABBOTT: 9% are unemployed. 16% are out of work. COSTELLO: If you are out of work you are unemployed. ABBOTT: No, you can’t count the “Out of Work” as the […]

Will the Transportation Bill Kill Roll Your Own Cigarettes?

Thanks to a tiny amendment buried in the Transportation bill, businesses that have machines to roll cigarettes will be forced to close, and lay off their workers.  America’s Watchtower has more… Buried deep in the transportation bill was an amendment which was added to the legislation which will change the definition of cigarette manufacturers to include those who own and operate roll your own cigarette machines, effectively shutting down these small businesses all across the country. For those who do not know: Loose tobacco is taxed at a much lower rate than cigars and cigarettes and because of this many people have opted […]

May Economic Numbers Discouraging: Will Team Obama Create Another Social Issue to Distract From it?

Once again, the monthly economic numbers represent a disappointment.  The Blaze has more… U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is sputtering. It could also damage President Barack Obama’s re-election prospects. And it could lead the Federal Reserve to take further steps to help the economy. The Labor Department also said Friday that the economy created far fewer jobs in the previous two months than first thought. It revised those figures down to show 49,000 fewer jobs created. […]

A Simple Graph on Jobs

This is what the election is about this year. Yes, it is important that our foreign policy goals have been accomplished- killing bin Laden, finishing up in Iraq, continuing to pressure terrorists around the world, encouraging revolutions aimed at toppling autocratic dictators, etc. Yes, it is important that many of our foreign policy goals have not been accomplished- those revolutions have resulted in less friendly and liberty loving people taking control, many revolutions were not supported, free trade agreements were not passed, rogue nations have continued to advance in weaponry, our allies are collapsing economically, our enemies are growing in […]

So Why a “War on Women,” and Now Gay Marriage?

Why have the Democrats and their media lapdogs made contraception, Sandra Fluke, gay marriage, and other inconsequential issues front page news?  So you wont look at or discuss this… Uh-oh.  Once they run the wheels off of the gay marriage story, what will they have to come up with next? Considering that the employment numbers look pretty weak, and have therefore not been reported, I think it’s safe to assume that we’ll see more and more social issues to distract from the economic fail. H/T: Sister Toldja

Mining the Numbers: BLS Data Shows Obama Has Destroyed 500,000 Jobs, Bush Created 9,000,000??

unemployment

During his State of the Union address on January 24, 2012, President Barack Obamaoffered up reasons why voters should give him a second term of office, arguing that …In the last 22 months, businesses have created more than three million jobs… Many on the left (like Balloon Juice) are trotting out this statistic as evidence thatPresident Obama’s policies are successful at creating jobs and putting Americans back to work. Although the jobs are being created by businesses, and it could be argued that these jobs would have been created regardless of who was in office, liberals and Democrats and progressives argue that President Obama deserves credit […]

If Debbie Wasserman Schultz Were Pinocchio, her Nose Would Burst Through Your Monitor and Poke Your eye out

Is she reality impaired, or a sociopath? Seriously?  Does she expect anyone to believe this dreck?  She isn’t even good at it! In the future, I think that there should be a warning on each Wasserman Schultz video Warning:  Viewing this video may cause eye damage due to Pinocchio-related-lie-induced-nasal-expansion.   I know that I’ll be wearing protective eye-wear in the future.   After all, it’s all fun and games until someone loses and eye. H/T: Redstate

Graph: Unemployment Rates Projected with and without the Passage of Stimulus Bill II

unemployment

Stimulus I not only didn’t work, it probably made the unemployment rate go higher by transferring available funds from private investment and savings to spending by government, making the marketplace more uncertain, preventing the free markets from self-correcting on bad investments, and discouraging savings and efficiency gains. Democrats promised that if this one-time only trillion dollars in spending was enacted, it would prevent unemployment from going above 9% and would shorten the length of time of recovery. But the spending was permanent and unemployment went above 10%, sharply increasing shortly after the passage of Stimulus Bill 1, and has now […]

So the Constitution is a rigid idea…Yes it is

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Last Thursday night, I decided I wasn’t going to waste my time watching the president tell me for the umpteen time how he has a plan to create jobs by spending more money we don’t have. We’ve been there, done that.  So instead I took my lovely wife to dinner, enjoyed a good meal, and came home just in time for the Packers Saints game.  On the way to work this morning I was listening to Mike Church and one of his callers pointed out that our President implied that our constitution was a rigid idea.  So needless to say I had to hear […]

When the Candyman’s Candy Bag Is Empty

unemployment

Do you remember what it was like as a kid when your parents took you to see a parade? Yeah, I do. It was great. Especially when the clown passed by throwing handfuls of candy from his candy bag into the crowds and we kids would scramble to get as many pieces of candy as we could. We sure did love that clown. Now imagine that you and a lot of other kids are watching the parade and as you look up the street you can see the clown tossing candy into the crowd. The excitement builds. Hmmm, you can […]