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Thread: Empoyment and Economic News

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    Taking A Stand!!!

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    Exclamation Empoyment and Economic News

    I post so much about the state of our economy that I have decided to devote a thread to just that. From this point on, any economic or employment articles will be posted in this thread.
    Last edited by ABFwife; 07-07-2013 at 08:58 AM.
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    Default Re: Empoyment and Economic News

    Don’t Get Too Excited About Today’s Jobs Data

    The U.S. Bureau of Labor Statistics reports that 195,000 jobs were added last month -- significantly better than the consensus forecast of economists (165,000). Another 70,000 jobs were added in March and April thanks to revisions. While the news isn’t bad, we shouldn’t be calling it “good,” either. Some perspective is in order.

    Remember above all else this analysis from the Federal Reserve Bank of Chicago, which looks at the impact of aging and slowing population growth to determine how many jobs are needed to return to full employment. These economists calculate that it would take four more years of job gains at the current pace of 195,000 per month to completely close the gap that began opening at the end of 2007.
    http://www.bloomberg.com/news/2013-0...jobs-data.html
    Last edited by ABFwife; 07-07-2013 at 09:01 AM.

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    Default Re: Empoyment and Economic News

    The Part-Timer Problem

    The Obama Administration’s decision to delay for a year the penalty that employers (in firms of 50 or more employees) must pay if they don’t provide health insurance to their workers shines a light on a problem that may be even more profound than getting health coverage for every American: that is, the decline of the American job.
    The deeper problem, however, is that hours have been declining well before universal health insurance was a gleam in President Obama’s eye, and will continue to decline in any case. A saner nation would decouple health insurance from employment and just provide it across the board, but that’s not, alas, the American way.
    The Part-Timer Problem

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    I Am Rocking Now

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    Default Re: Empoyment and Economic News

    I can say that Highway and Bridge construction in New York is very busy and will get even busier in the months ahead there is plenty of work , Now Hi-Rise , That's another story , there are some Hi-Rise construction jobs going on but a lot are on hold , the people like Donald Trump are holding onto there cash and not putting up Hi-Rises , but overall things are good here construction wise . The Teamsters here are doing very well .
    ABFwife likes this.

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    Default Re: Empoyment and Economic News

    15 Signs That The Quality Of Jobs In America Is Going Downhill Really Fast

    The following are 15 signs that the quality of jobs in America is going downhill really fastÖ

    Ľ 15 Signs That The Quality Of Jobs In America Is Going Downhill Really Fast Alex Jones' Infowars: There's a war on for your mind!

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    Default Re: Empoyment and Economic News

    Trades are doing well in Utah also. Construction is booming. Not enough housing for the market.
    ABFwife likes this.

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    Default Re: Empoyment and Economic News

    Jobless about to take big hit from sequester

    As of July 1, the average weekly benefit of $289 will fall by $43 a week, adding pressure at a time when the labor market is trying to find its bearings but has yet to generate the kind of employment that would indicate a strong recovery.

    Sharon MacGregor, a 43-year-old graphic designer by trade, lost her job about a year ago when the medical education company she worked for went under. Since then, she's struggled to find work and now has to contend with less unemployment compensation.

    "It's horrible, I never thought it would be like this when I got let go," she said. "I've been laid off before and found a job in a couple of months. I thought I'd be fine."
    Jobless about to take big hit from sequester - NBC News.com

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    Default Re: Empoyment and Economic News

    As everyone else's pay continues to drop, including union workers as we all know, these guys just get richer. When is this going to stop??? I am afraid it is like so many other things going on right now that once they know they can get away with it, there is no stopping it!

    U.S. corporate CEO salaries rose 16 percent in 2012 according to a new report from research firm Equilar. Top salary: Larry Ellison of Oracle - over $96 million. Top exit bonus: James Mulva of ConocoPhillips - $156 million.

    Average salary for the CEOs of the top 200 U.S. companies with revenue of over $1 billion was $5.3 million. The big money, however, is paid out in stock and options which added another $9 million to the median compensation package for the CEOs.

    Worst off were the workers at these companies whose median pay is now at a historic low compared to the CEOs. In 1965, according to a new report from the Economic Policy Institute, the average CEO made 20 times the average worker. Now the ratio is 273 to 1 ie the average CEO's daily salary is now greater than the annual salary of their workers.

    Ellison did even better - he was paid the equivalent of the average U.S. salary of $45,790 every single hour last year.
    Daily CEO Pay Now Exceeds the Average Worker's Annual Salary | The Contributor

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    Default Re: Empoyment and Economic News

    Money is power, power is control!

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    Default Re: Empoyment and Economic News

    101M Americans Get Food Aid from Federal Govít; More Than the Number of Private Sector Workers

    According to the Bureau of Labor Statistics (BLS), there were 97,180,000 full-time private sector workers in 2012.
    The population of the U.S. is 316.2 million people, meaning nearly a third of Americans receive food aid from the government.


    - See more at: 101M Americans Get Food Aid from Federal Gov




    Go Obama!! Now just some Energy Tax should finish the job of destroying America.
    Last edited by strapdrager; 07-08-2013 at 12:02 PM.

 

 
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