Tag Archives: Jobs

Enumerati

Americans Say Government Is Our Top Problem

Americans continue to name the government (18%) as the most important U.S. problem, a distinction it has had for the past four months, according to Gallup. “Americans’ mentions of the economy as the top problem (11%) dropped this month, leaving it tied with jobs (10%) for second place.”

Verbatim

Rick Perry Says Government’s Employment Figures Are ‘Massaged’

It’s been massaged, it’s been doctored.

— Rick Perry, telling a gathering of the Republican Jewish Coalition that they shouldn’t trust the official unemployment rate coming out of Washington, Huffington Post reports.

News & Comment

Forbes: ‘Obama Outperforms Reagan On Jobs, Growth And Investing’

chart-unemployment-rate-under-obama-v-reagan

From Forbes:

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Enumerati

Unemployment Rate Takes Unexpected Dip

6.3%

Unemployment rate for April, down from 6.7% in March, according to Wonk Wire.

Enumerati

Percentage of American Men Who Are Unemployed Has Tripled Since the 1970s

6%

Of American men ages 25 to 54 were without jobs in the early 1970s. By late 2007, it was 13%. In 2009, during the worst of the recession, nearly 20% didn’t have jobs, according to Wonk Wire.

Enumerati

Unemployment, Economy Numbers Better Than Expected

204,000

Number of jobs added to the U.S. economy in October, while the unemployment rate rose to 7.3%, the Wall Street Journal reports. Combined with yesterday’s report that third-quarter GDP grew 2.8%, October economic data “have been surprisingly strong, especially considering many economists thought the 16-day partial government shutdown would skew the numbers.”

Enumerati

Job Growth Slows Dramatically — Due to Sequester?

88,000

Number of jobs the U.S. economy generated last month, the smallest gain in 10 months, adding to fresh evidence that the pace of hiring has slowed, the Wall Street Journal reports. The unemployment rate fell to 7.6% because of an unanticipated high number of people dropping out of the job market.

News & Comment

Republicans Kill Bill That Would End Tax Advantages for Shipping U.S. Jobs Overseas

Republicans in Congress prove once again that they are in power to push the interests of their corporate sponsors and billionaire benefactors, not their unemployed, about-to-be-foreclosed-upon constituents:

Senate Republicans on Thursday killed a measure backed by President Barack Obama that would encourage companies to bring overseas jobs back to the United States.

The measure being pressed by Obama’s Democratic allies is rich with political symbolism, but whether it would have had much practical impact on decisions by companies to “outsource” jobs to lower-wage countries is open to question.

Democrats brought the measure to the Senate floor in concert with political attacks on Mitt Romney, whose private equity firm, Bain Capital, promoted the practice of outsourcing jobs to countries like China and India.

The bill would forbid companies from deducting the expenses of moving workers or operations overseas from the U.S., and would offer a 20 percent credit for the costs of shifting workers back home.

News & Comment

Senate Republicans Block Jobs Bill Meant to Prevent Layoffs of Teachers, Fireman and Police

ABC News:

“For the second time in two weeks,” [Pres. Obama wrote last night], “every single Republican in the United States Senate has chosen to obstruct a bill that would create jobs and get our economy going again. That’s unacceptable.”

Republicans were joined by three Democratic senators in refusing to pass the president’s request for $35 billion in immediate support to communities where teachers, police, and firefighters are facing layoffs because of tight local finances.

The president demanded in his response, “Those Americans deserve an explanation as to why they don’t deserve those jobs – and every American deserves an explanation as to why Republicans refuse to step up to the plate and do what’s necessary to create jobs and grow the economy right now.”

Verbatim

Perry’s Wife Not Clear on the Concept of Unemployment

He resigned his job two weeks ago because he can’t go out and campaign with his father because of SEC regulations…My son lost his job because of this administration.

Anita Perry, wife of Gov. Rick Perry (Tex. – GOPvangelical), responding sympathetically to a voter at a South Carolina diner who told the Perrys he is working as a handyman since losing his job. Griffin Perry resigned as an investment advisor at Deutche Bank to hit the campaign trail with his dad.