Posts Tagged ‘economy



19
Aug
15

A Huge Surge In Full Time Jobs. Thanks, President Obama

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Victoria Stilwell: Full-Time Jobs In The U.S. Just Made A Comeback

Friday’s labor-market report showed that the number of full-time U.S. jobs as a share of total employment rose to 81.7 percent, the highest level since November 2008. For those worried (including not a few presidential candidates) that this economic recovery has been one that’s created only low-quality jobs, this should be really good news.

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At the same time, the number of employees on the payrolls of temporary work services also fell, declining 8,900, the report showed. All of these statistics combine to paint a picture of a “shift to full-time work,” economists led by Derek Holt at Scotiabank in Toronto wrote in a note to clients.
The rest of the details of the jobs report were also solid. Overall, payrolls climbed by 215,000 in July and the unemployment rate held at a seven-year low of 5.3 percent.

More here

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18
Aug
15

Tweets Of The Day

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CNN. Your trusted source in racist news

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There is no liberal America for African Americans

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15
Aug
15

Rise And Shine

President Barack Obama and First Lady Michelle ObamaÕs hands rest on the railing of a boat during their tour of St. Andrews Bay in Panama City Beach, Fla., Sunday, Aug. 15, 2010. (Official White House Photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama and First Lady Michelle Obama’s hands rest on the railing of a boat during their tour of St. Andrews Bay in Panama City Beach, Fla., Sunday, Aug. 15, 2010. Photo by Pete Souza

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Sho Chandra: Retail Sales Show Broad Gain As U.S. Consumers Spur Growth

Sales at U.S. retailers rose in July on growing demand for everything from cars to clothing, and a decline the previous month was wiped away, signaling consumers are propelling growth in the world’s largest economy. Eleven of 13 major categories showed gains. Rising employment, stronger finances and still-cheap fuel is helping draw consumers into stores and auto dealerships.

Growth in household spending, which accounts for about 70 percent of the economy, is bolstering the expansion as Federal Reserve policy makers move toward lifting interest rates this year for the first time since 2006. “The consumer-driven recovery of the economy continues on track,” said Harm Bandholz, chief U.S. economist at UniCredit Group in New York, who correctly projected the gain. “The fundamentals are all in place for solid consumer spending. The outlook remains strong for the second half of the year.”

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President Barack Obama greets people outside the Old Market Deli in Cannon Falls, Minn. Aug. 15, 2011. The President stopped to have lunch with five post-9/11 veterans from Minnesota during a three-day bus tour in the Midwest. (Official White House Photo by Samantha Appleton) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama greets people outside the Old Market Deli in Cannon Falls, Minn. Aug. 15, 2011. The President stopped to have lunch with five post-9/11 veterans from Minnesota during a three-day bus tour in the Midwest. Photo by Samantha Appleton

President Barack Obama holds a baby as he arrives for lunch at the Old Market Deli in Cannon Falls, Minn., during a three-day bus tour in the Midwest, Aug. 15, 2011. (Official White House Photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama holds a baby as he arrives for lunch at the Old Market Deli in Cannon Falls, Minn., during a three-day bus tour in the Midwest, Aug. 15, 2011. Photo by Pete Souza

President Barack Obama prepares to autographs books and photographs in a backstage holding room following a town hall meeting on health care insurance reform at Central High School in Grand Junction, Colorado on Aug. 15, 2009. (Official White House photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama prepares to autographs books and photographs in a backstage holding room following a town hall meeting on health care insurance reform at Central High School in Grand Junction, Colo. on Aug. 15, 2009. Photo by Pete Souza

President Barack Obama waves to people along a road in Harmony, Minn., Aug. 15, 2011, during a three-day bus tour in the Midwest. (Official White House Photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama waves to people along a road in Harmony, Minn., Aug. 15, 2011, during a three-day bus tour in the Midwest. Photo by Pete Souza

President Barack Obama visits Sunset Lake in Yellowstone National Park, August 15, 2009. (Official White House photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

President Barack Obama visits Sunset Lake in Yellowstone National Park on Aug. 15, 2009. Photo by Pete Souza

07
Aug
15

65 Consecutive Months Of Job Growth. Thanks, President Obama

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