I think that's BS. But, a higher minimum wage would increase the economic incentive to get a real job, because the rewards would be better vis-a-vis an unemployment check. And, if you went the opposite way and abolished the minimum wage, low-skill workers would leave the job force to collect unemployment or disability or charity rather than waste their time on a job that pays no better. I'd say the real reason people are leaving the workforce is because computers and machines are rendering many jobs obsolete faster than the workforce can evolve to mitigate the impact. Meanwhile, the dollars from the improved efficiency of the businesses flow to the owners, making them increasingly wealthy as their former workers become impoverished. It has, in fact, little to do with what Obama or Congress does, except perhaps in their unwillingness to do more to provide opportunities for education and training and a robust safety net to keep families intact as they make vocational transitions.
Texas at 6.1% as of Nov http://bizbeatblog.dallasnews.com/2...r-unemployment-rate-fell-to-6-1-percent.html/ Good news locally anyway.
I am just going to point out that the article also says: [rquoter] For all of 2013, the economy added 2.2 million jobs -- on par with 2012's gains. Some economists believe December's weak job gains could be a fluke, given other solid data recently. They expect the government to revise the numbers higher in the months ahead. "Just about every other measure of job growth suggests that employers are either hiring or intending to hire, extending hours and laying off fewer people," said Tim Hopper, chief economist for TIAA-CREF. [/rquoter] So the initial numbers aren't good but they also might not be accurate either or there could be localized factors.
its the labor reports numbers and the author did the one bit of division needed. What part are you complaining about? that the author did the division? You wanted the federal government to do the unemployment rate given June 2009's participation?
http://money.cnn.com/2014/04/04/investing/march-jobs-report/index.html?iid=s_mpm Private sector jobs finally back to 2008 peak Bigtexxx are you advocating the government hire more people?
the new report from Bureau of Labor Statistics shows the U.S. economy added 192,000 jobs in March, roughly in line with economists’ expectations. The unemployment rate remained the same at 6.7%. For the second consecutive month, public-sector layoffs did not drag down the overall employment figures. Though jobs reports over the last few years have shown monthly government job losses, in March, the private sector added 192,000 while the public sector broke even. That could be a whole lot better, but at least it wasn’t a negative number. Better yet, the job totals for both January and February were both revised up quite a bit, pointing to an additional 37,000 jobs that had been previously unreported. All told, over the last 12 months, the U.S. economy has added over 2.24 million jobs overall and 2.26 million in the private sector. What’s more, March was the 49th consecutive month in which we’ve seen private-sector job growth.
Yes indeed, you have not recovered well from any of your allegations being refuted. It's good to see that you have discovered some self awareness. We're all rooting for you.
Stop being a clown. Recovery implies it got back to where it was "before". "Before" it was in an over-inflated bubble which is much higher than it should have been, thus it has exceeded the spot where it should have been. Thank god people are waking up to Conservative bull****.
Of course, to you it was only "terrible" because it happened under Obama's watch. On the up side, it only took us six years to recover from the disaster created under Bush. Could have been faster if the GOP had decided to help rather than simply be an obstacle.
What's the reason behind the slow hiring? Last I heard there were 3.6M open positions in the U.S. I heard about something around a Skills gap?
The "skills gap" has to do with the fact that Americans with the necessary sills want to be paid better than the employers who have the "open positions" feel like paying. This is the reason for employers requesting more H-1b visas.
