Posts Tagged ‘Jobs Report

08
Jan
16

This Is Progress

08
Jan
16

Another History Making Jobs Report. Thanks, President Obama

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THIS. Thank you, thank you, thank you, President Barack Obama!

07
Dec
15

A Tweet Or Two

Thanks, President Obama

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Trump: The hateful idiot

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Ava Duvernay’s #AvaBarbie sold out in 17 minutes. 17 MINUTES!!! Black Girl Magic is WOW. p.s. more will be made available on Amazon

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Holy Wow

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Law enforcement in this country can sometimes truly be the scum of the earth

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Our despicable media

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Another example of why President Obama’s speech was needed

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BAM

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All. Of. The. Tears.

06
Nov
15

5% Unemployment. Thanks, President Obama

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Continue reading ‘5% Unemployment. Thanks, President Obama’

08
Oct
15

A Tweet Or Two

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That funny thing called karma

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Murder 9 people? Meh. Get off scot-free. The sickness that is white privilege

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The system of white supremacy truly is horrifically destructive

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Congratulations!

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Must Watch

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The ridiculousness that is the GOP

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Great

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Double facepalm

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Facepalm

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Continue reading ‘A Tweet Or Two’

04
Oct
15

A Tweet Or Two

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Damn. Voter Suppression on racist steroids

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Woot!

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Continue reading ‘A Tweet Or Two’

17
Sep
15

How President Obama Turned A Great Recession Into A Growing Economy

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Jason Furman: 5 Indicators That Show We Turned A Depression-Like Shock into A Six-Year Expansion

Seven years ago, Lehman Brothers filed for bankruptcy, setting in motion the worst financial crisis since the Great Depression. Over the course of just a few months after taking office, President Obama worked to shore up the U.S. financial system, rescue the auto industry, and pass a Recovery Act and more than a dozen subsequent fiscal measures that provided vital support to families and businesses. Since the crisis, the President has taken continued steps–including Wall Street reform–to strengthen our economy and protect against future downturns.

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Our businesses have now created 13.1 million jobs over 66 straight months–the longest streak on record. The pace of job growth over the last three years has not been exceeded since 2000. The unemployment rate has fallen further and faster than economic forecasters predicted. Private domestic final purchases (a combination of the largest and most stable components of GDP) contracted as sharply at the start of the Great Recession as during the start of the Great Depression. But while economic output continued to contract for years into the 1930s, our economy returned to growth in 2009, as both personal consumption and business investment started to grow again.

More here

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08
Sep
15

A Tweet Or Two

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Bravo

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Food For Thought

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A man who has spent years accomplishing nothing in the Senate has the nerve to lie about President Obama. Privilege is a hell of a drug

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Continue reading ‘A Tweet Or Two’

04
Sep
15

A Tweet Or Two

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BOOM

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Missy Elliott = A+++++++. Johnny Depp as Whitey Bulger = OH. HELL. YEAH

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WTF?!

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Even in liberal California, women’s rights can be denied. The fight never ends

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It’s 2015 and some refuse to get it into their DUMB brains that blackface is racist

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Secretary of State John Kerry suggested on Thursday that the United States would play a greater role in alleviating the increasingly high-profile Syrian refugee crisis, which the United Nations believes to be the worst refugee dilemma in 25 years. “We could do a lot more to protect those people,” Kerry told The Huffington Post’s Sam Stein. Speaking from the State Department, Kerry acknowledged that while America has donated over $4 billion in humanitarian assistance to help Syrians, the situation in their war-ravaged country and in neighboring states remains dire for millions. Kerry did not suggest that the U.S. should be taking in more refugees. Rather, he indicated that any increased American effort would focus on working with existing refugee camps in other countries.

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Continue reading ‘A Tweet Or Two’

04
Sep
15

A Record Breaking 66 Months Of Job Creation. Thanks, President Obama!

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Thank you, First Lady Michelle Obama for Joining Forces

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IMPEACH!

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Continue reading ‘A Record Breaking 66 Months Of Job Creation. Thanks, President Obama!’

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.

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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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07
Aug
15

65 Consecutive Months Of Job Growth. Thanks, President Obama

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07
Jul
15

The Obama Economy: Labor Market Recovery Is The Best In 25 Years

Obama Mount Rushmore

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Hale Stewart: The Recovery In The Labor Market Is The Best In 25 Years

Every month we read stories about what a poor labor market recovery this has been. The latest articles were from Profs. Brad DeLong and Menzie Chinn. I respectfully disagree. With few exceptions, people don’t get a job for social reasons. They go to work each day in order to earn money to purchase necessities, discretionary goods, and to save for future needs. In short, they work because of cold, hard cash. Next, let’s compare two economies that both create 1 million 40 hour a week jobs, but one pays $10/hour and the other pays $12/hour. Clearly the second economy is better. It is paying workers 20% more than the first.

Finally, let’s compare two economies that create 1 million 40 hour a week jobs at $10/hour. In the first economy, there are 3% annual raises, but inflation is rising 4%. In the second, there are 2% annual raises, but inflation is rising 1%. Again, even though the second economy is giving less raises, it is the better one — those workers are seeing their lot improve in real, inflation-adjusted terms, whereas the workers in the first economy are actually losing ground. In other words, the best measure of a labor market recovery is that economy which doles out the biggest increase in real aggregate wages. The bottom line is that, measured 5 years and 11 months out from the bottom, this labor market recovery has been the third best of the 7 expansions, behind the 1960s and 1980s

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02
Jul
15

Thank You For The Jobs, President Obama!

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12
Jun
15

The Economy Is Rebounding. Thanks, President Obama

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Jeffrey Sparshott: Economists React to the May Jobs Report: ‘Unambiguously Positive’

U.S. employers added 280,000 jobs in May, the unemployment rate rose to 5.5% from April’s 5.4% as more Americans joined the workforce, and wages firmed. With the labor market showing signs of strength, all eyes are now on the Federal Reserve, which has pinned interest rates near zero since December 2008. Here’s what economists had to say. “Any doubts about lingering economic weakness in the second quarter, at least as it relates to the labor market, were certainly erased with the release of the May employment report….In addition to the stronger-than-expected headline figure, revisions to prior months were positive 32,000 but perhaps most importantly, the average hourly earnings number increased by 0.3%. As a result, the year-over-year change in earnings is now 2.3%, the highest level since it briefly ticked there in August 2013.”–Dan Greenhaus, chief strategist at BTIG

Clay Bennett, Chattanooga Times Free Press

“Even if one holds a long-term capped growth/secular stagnation view as we do, there can be and indeed are some unambiguously positive economic data in the meantime. Today’s payroll release was certainly one of them.” –Guy LeBas, managing director for fixed income strategy at Janney Montgomery Scott “This 280,000 rise in May payroll jobs, combined with a 32,000 upward revisions to job growth in March and April, reinforces our view that the decline in real GDP in the first quarter was an aberration due mostly to temporary factors and statistical problems acknowledged by the [Bureau of Economic Analysis]….I expect real GDP growth to rebound to at least 3.0% per annum in the middle two quarters of this year on strength in consumer spending, residential and nonresidential (including public) construction and less drag from private energy investment and net exports.” –Stu Hoffman, chief economist at PNC Financial Services “We see this as a very strong report, and it provides strong affirmation that underlying strength in the economy is building as the recovery moves back on track

More here

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05
Jun
15

A Tweet Or Two

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Thank you, President Barack Obama

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Continue reading ‘A Tweet Or Two’

05
Jun
15

Jobs! Jobs! Jobs! Jobs! Thank you, President Obama

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