Category Archives: Jobs

Bernanke Fed GDP projections, US Labor Dept. BLS employment data, Obama speeches, 1984 Orwellian rhetoric, We control life Winston at all its levels, Men are infinitely malleable

Posted on September 20, 2013 | 6 comments

Bernanke Fed GDP projections, US Labor Dept. BLS employment data, Obama speeches, 1984 Orwellian rhetoric, We control life Winston at all its levels, Men are infinitely malleable

“We need an educated citizenry that values hard evidence.”…Barack Obama

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday, he reflected, it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. Parsons swallowed it easily, with the stupidity of an animal.”

“We control life, Winston, at all its levels.  You are imagining that there is something called human nature which will be outraged by what we do and will turn against us.  But we create human nature.  Men are infinitely malleable.  Or perhaps you have returned to your old idea that the proletarians or the slaves will arise and overthrow us.  Put it out of your mind.  They are helpless, like the animals.  Humanity is the Party.  The others are outside – irrelevant.”…George Orwell, “1984”

Obama, in speech after speech, continues to tell us of improvements in the economy and jobs market.

Promises of improved and less expensive health care.

Pure Orwellian.

“1984” manifested in the US.

From Zero Hedge September 19, 2013.

“Guess What The Fed’s Original 2013 GDP Forecast Was”

For some reason, today pundits are appalled by the loss of Fed credibility only because Bernanke “surprisingly” U-turned on the taper announcement, catching virtually everyone offguard. Perhaps instead of that, the sophisticated financial community should focus on the core of the problem: the Fed’s chronic inability to look even more than a couple of years into the future without being dead wrong about what transpires, even in the absence of a great financial crisis (which the Fed never could predict in the first place of course). Case in point, yesterday’s most recently downward 2013 GDP projection. The chart below tracks how the latest and greatest prediction of the 2.15% 2013 GDP (2.0%-2.3%) moved over the past two years.

“In other words, the Fed started at 4.2%… and ended with half that number. Oh, and that includes the recent GDP-boosting revision, without which GDP growth for the year would have been even lower.”

Read more:

http://www.zerohedge.com/news/2013-09-19/guess-what-feds-original-2013-gdp-forecast-was

The US Labor Dept. continues to present unrealistic employment data as it did yesterday.

From Zero Hedge September 19, 2013.

“Initial Claims Data Worthless For Second Week Due To Ongoing “Computer Upgrade” Glitches”

“Economic data may be completely meaningless now that the Fed is openly blowing a bubble without any qualms, but even the Fed at least pretends its policy is guided by said economic data. Which is a problem because for the second week in a row, Initial Claims data is absolute garbage, following an admission by the BLS that “two states” are still working through the claims backlog caused by the “computer-system changeover.” Recall that last week’s “computer upgrade” was the reason why claims plunged from 323K to 292K (on expectations of 330K). And yes, they actually put that “excuse” on paper:”

Read more:

http://www.zerohedge.com/news/2013-09-19/initial-claims-data-worthless-second-week-due-ongoing-computer-upgrade-glitches

Former BLS chief Keith Hall recently stated:

“This has been a very slow, very bad recovery,”

“And I think the numbers have really struggled as a result. In fact, I’ve been very disappointed in the coverage of the numbers.”

Hall was replaced by Erica L. Groshen.

From the BLS site.

“I have a very non-political, non-partisan background,” Groshen said. “That’s the kind of work I’ve always done at the Fed and when I was briefly an academic. The BLS is just a continuation of that sort of career because that’s who I am. That’s what I do.”

“The BLS prides itself on being non-political and that makes it a good fit for me.”

Groshen sent her children to a leftist leaning camp, Camp Kinderland.

http://netrightdaily.com/2012/07/who-is-erica-groshen/

“The lady doth protest too much, methinks.”…William Shakespeare, “Hamlet”

6 Comments

Posted in 1984, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, Orwellian, The Case Against Barack Obama, Unemployment, Washington DC, white house

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Jobs unemployment part time workers recap September 7, 2013, Media reports labor force participation rate, Obama falling from grace?, More people quit work searches

Posted on September 7, 2013 | 22 comments

Jobs unemployment part time workers recap September 7, 2013, Media reports labor force participation rate, Obama falling from grace?, More people quit work searches

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

If you have been following Citizen Wells you are aware of the real and scary employment situation in this country.

Record droves of people dropping out of the labor force and part time jobs.

Much to my amazement, early yesterday morning I read the following.

From Market Watch September 6, 2013.

“Unemployment rate falls to 7.3% as more people quit work searches”

“The U.S. added a modest 169,000 new jobs in August, the number of positions created in July was slashed and more workers dropped out of a labor force in a sign that hiring conditions worsened toward the end of the summer.

The unemployment rate, meanwhile, ticked down to 7.3% from 7.4%, but that was because fewer people were searching for work, according to new figures released by the Labor Department Friday.”

“The increase in jobs last month only fell a touch short of Wall Street’s forecast calling for a 173,000 increase. What gave the report a darker tone was the downward revisions in the prior two months and a sharp decline in the number of people looking for a job.

Employment gains for July and June were lowered by a combined 74,000, with the biggest revision taking place in July, the Labor Department said. The number of new jobs created in July was slashed to 104,000 from 162,000 — the smallest gain since June 2012.

And June’s job gains were trimmed to 172,000 from 188,000.

What’s more, the labor force participation rate fell to 63.2%, the lowest level since the summer of 1978. The participation rate measures how many healthy, working-age people 16 and older are looking for jobs.”

http://www.marketwatch.com/story/us-economy-adds-169000-jobs-in-august-2013-09-06?dist=beforebell

Rush Limbaugh noticed and reported this change in reporting tone from the media.

Rush Limbaugh transcript September 6, 2013.

“RUSH: You know, folks, even the Drive-By Media is starting to turn on Obama on the economy. The economic news, the unemployment news, it went down 7.3 from seven-point whatever it was, but the media knows that that’s not because jobs are being created.
A couple of them — I’ve got it here in the Stack — are telling the truth about it.

Reuters: “US Job Growth Misses Expectations, Offers Cautionary Note for Fed.” Now, what they’re doing, the Federal Reserve, if you’ve noticed, the stock market is — let me check. Even as we speak here, let me check the stock market. Well, it’s up right now, but not much. It was down a lot yesterday, trickling down, because the Federal Reserve is talking about no more quantitative easing, which is no more stimulus. And the people in the markets know that the only reason the stock market’s been going through the roof is because the Fed has been buying stock, not people. Short version of the truth. That’s the simplified version here. And if the Fed starts talking about no more of that, panic sets in.”

“If the same number of jobs that existed in 2009 existed today, the unemployment rate would be 10.8%. It’s not 10.8%; it’s 7.3 because those jobs are gone. They don’t exist. They’re not even available to be filled. It’s called the labor force participation rate. You add that people, when they stop looking, they are no longer counted as unemployed. Go figure. They have looked and looked and looked. They’ve been on unemployment 99 weeks or more. They finally have given up. They’re no longer counted.

The unemployment rate that’s reported only includes people actively trying to find a job. Those who have given up, which numbers in the millions now, don’t get counted, so the rate goes down. And so the media is afraid that the people at the Fed will not know what I just told you and that they’ll see the unemployment rate going down and believe they have fixed it and stop priming the pump, stop spending, printing money. Obama and the Democrats and their minions are scared to death of this. And the Democrats know — we’re talking a serious amount of money — the Democrats know that if the Fed stops printing, it’s actual digital transfers, folks, they’re not actually printing hard currency for all of this. They’re just digitizing, just adding money to a computer spreadsheet, essentially.”

Read more:

http://www.rushlimbaugh.com/daily/2013/09/06/drive_bys_turn_on_obama_economy

Do not be fooled by Obama protectors in the media. The part time jobs component is also affecting households and the economy.

From Guggenheim September 5, 2013.

“The Growth Mirage”

“Despite disappointing economic data, there continues to be widespread expectations of a period of stronger economic growth just ahead. This growth mirage draws thirsty investors and increases the likelihood that interest rates will continue rising over the near-term.”

“Part-Time Jobs Driving Employment Growth

Growth in part-time jobs has been the main contributor in overall employment increases since the start of 2013. Over the past seven months, the average monthly growth in full-time jobs has been 32,000, while the average number of new part-time jobs was 104,000. After falling from the recession peak of 20 percent, the share of total jobs which are part-time has recently rebounded to 19.6 percent. The increase in part-time jobs may be partially attributable to the upcoming change in healthcare laws, requiring employers to provide health insurance to full-time employees but not for part-time workers. If the trend continues, the increasing share of part-time workers may add downward pressure to aggregate labor earnings and reduce consumption growth.”

PartTimeJobs

Read more:

http://guggenheimpartners.com/perspectives/macroview/the-growth-mirage

From the US Labor Dept. BLS.

From January of 2009 when Obama took control of the White House to August 2013.

________________________Jan 2009        Aug 2013

Labor Force Participation Rate               65.7                  63.2

Could only find part time work    1,676,000       2,719,000

The labor force participation rate plummeted 2.5 percent under Obama.

1,043,000 more people can only find part time work under Obama.

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment, Washington DC, white house

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Greensboro News Record August 25, 2013, Employment very bad, Middle class people who have never been out of work find themselves chronically unemployed and slipping into poverty

Posted on August 25, 2013 | 13 comments

Greensboro News Record August 25, 2013, Employment very bad, Middle class people who have never been out of work find themselves chronically unemployed and slipping into poverty

“North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”…Raleigh News Observer June 21, 2013
“Middle-class people who have never been out of work find themselves chronically unemployed and slipping into poverty.”…Greensboro News Record August 25, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

Good news.

The Greensboro News Record, which has recently been reticent to report the dismal jobs situation in the Triad and NC, has produced a realistic report and placed it on the front page.

From the Greensboro News Record August 25, 2013.

“Recession may be over in the Triad, but not for those who need jobs”

“Unemployment in this region, however you measure it, is very bad.

Middle-class people who have never been out of work find themselves chronically unemployed and slipping into poverty. In the recession’s wake, 20 percent of Greensboro residents are poor, according to 2011 figures from the U.S. Census Bureau.

In the Greensboro-High Point metro area, which covers Guilford, Rockingham and Randolph counties, the June unemployment rate was 9.7 percent. The seasonally adjusted rate was 9.3 percent. That’s a slight improvement from a year ago, amounting to a net increase of 4,500 jobs compared with June 2012.

But pull back that lens and look at the state-designated Piedmont Triad Partnership region: an area that encompasses Guilford, Forsyth and 10 surrounding counties.

Since Jan. 1, 2008, the number of unemployed people in the region has grown from 45,000 to 78,000.”

“At 8.9 percent, North Carolina’s unemployment rate is 0.7 percentage points lower than a year ago. But the national rate is 7.4 percent.

Several employment segments are a drag on the Triad economy, according to a monthly analysis of the region’s economy produced by UNCG and called the Dixon Hughes Goodman Triad Business Index. The index defines the Triad as Guilford, Forsyth and four adjoining counties.

Manufacturing employment, the region’s staple industry, dropped by 1.7 percent in June compared with June 2012.

The number of education and health care jobs dropped by 3.3 percent, and that’s a segment that had been considered stable.”

Read more:

http://www.news-record.com/news/local_news/article_0b20f308-0cf1-11e3-94de-0019bb30f31a.html

This is a good report.

However, why not add what was reported here a few days ago.

Now for the real news.

The Labor Force Participation Rate plummeted 1.4 percent From January to July 2013.

This is huge news.

Ask your local TV News or Newspaper why they are not reporting this.

Check it for yourself here:

http://esesc23.esc.state.nc.us/d4/LausSelection.aspx

 

13 Comments

Posted in Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, NC, News, North Carolina, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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New home sales drop 13.4 percent, Lowest since October 2012, Rising mortgage rates and slow employment growth, June sales revised downward, Obamacare part time job economy

Posted on August 24, 2013 | 53 comments

New home sales drop 13.4 percent, Lowest since October 2012, Rising mortgage rates and slow employment growth, June sales revised downward, Obamacare part time job economy

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

The article doesn’t mention the impact of Obamacare on the job market. It mentions slow employment growth.

But we are in a Obamacare part time job economy and still have high unemployment rates.

From Market Watch August 23, 2013.

“New-home sales slump to lowest rate since October”

“Sales of new homes slumped in July with each region seeing sizeable drops, raising questions about the recovery in the housing market.

New housing construction is seen in Poolesville, Maryland.
New-home sales fell 13.4% to a seasonally adjusted annual rate of 394,000 in July, the lowest rate since October, the U.S. Department of Commerce reported Friday.

Rising mortgage rates may be behind July’s drop, though the monthly data are quite volatile and economists had expected some pull back after sales gains in recent months. Longer-term trends point to continuing growth: new-home sales in July were up 6.8% from the year-earlier period.

“This was an unambiguously weak report, and it reflects in part some of the negative impact of higher mortgage rates,” said Millan Mulraine, director of U.S. research and strategy at TD Securities.

Economists polled by MarketWatch had expected a July sales rate of 485,000, compared with an original June estimate that pegged the rate at 497,000. On Friday the government revised June’s rate to 455,000.”

“However, there’s concern about the bite that rising rates will take out of demand. Since early May, the average rate for the 30-year fixed-rate mortgage has increased more than one percentage point. As the Federal Reserve starts winding down its massive bond-buying program, a tapering that could start this year, rates will continue to rise, forcing would-be buyers to scale back purchase plans.

Rising rates aren’t the only headwinds facing consumers and builders. Slow employment growth is also hampering sales as buyers are wary of forming new households. Also, relatively low inventories are heating up competition and prices, making it tough for first-time owners to participate in the market.”

Read more:

http://www.marketwatch.com/story/new-home-sales-hit-lowest-rate-since-october-2013-08-23

53 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Government, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, ObamaCare, The Case Against Barack Obama, Unemployment, Washington DC, white house

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NC July unemployment rate rises to 8.9 percent, Labor Force Participation Rate plummets 1.4 percent since Jan 2013, NC tied for third worst unemployment rate

Posted on August 20, 2013 | 48 comments

NC July unemployment rate rises to 8.9 percent, Labor Force Participation Rate plummets 1.4 percent since Jan 2013, NC tied for third worst unemployment rate

“North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”…Raleigh News Observer June 21, 2013

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

From the Raleigh News Observer August 19, 2013.
“NC jobless rate rises in July to 8.9 percent”

“The unemployment rate in North Carolina inched higher in July, the first uptick in the closely watched economic indicator since January.

The state’s seasonally adjusted unemployment rate rose one-tenth of a percentage point to 8.9 percent last month, according to data released Monday by the state Department of Commerce’s Labor and Economic Analysis Division.

“It was a disappointing month,” said Mekael Teshome, a PNC Financial Services Group economist.

Although the jobless rate was seven-tenths of a percentage point lower than it was a year ago, North Carolina’s unemployment rate is tied with Rhode Island for the third-worst in the nation. Only Illinois, at 9.2 percent, and Nevada, where the unemployment rate is 9.5 percent, have higher unemployment rates.

The national unemployment rate for July was 7.4 percent, an improvement from June’s 7.6 percent.

“I think we have a story of two North Carolinas,” Teshome said. “We have some really strong areas in the state – the Triangle area, Charlotte – but then other parts of the state are struggling to get back on their feet from the Great Recession. Overall, the state’s recovery has been pretty modest.”

Teshome said that the decline in the labor force by 12,208 workers was particularly disconcerting. The labor force encompasses workers who have a job plus unemployed workers who are actively seeking a job.

“When people are dropping out of the labor force, it’s a sign that they are less confident about their job prospects,” he said. “So people are discouraged and leaving the labor force.”

The labor force in July sunk to its lowest level since February 2012, said Allan Freyer, public policy analyst for the nonprofit N.C. Justice Center’s Budget and Tax Center.

“That shows we are going in the wrong direction,” Freyer said.”

Read more:
Now for the real news.

The Labor Force Participation Rate plummeted 1.4 percent From January to July 2013.

This is huge news.

Ask your local TV News or Newspaper why they are not reporting this.

Check it for yourself here:

http://esesc23.esc.state.nc.us/d4/LausSelection.aspx

 

 

48 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, NC, News, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Forever 21 memo demotes full time workers to part time, Obama and Obamacare part time economy, Medical coverage ends August 31, 2013, Hours not exceed 29.5 per week

Posted on August 19, 2013 | 30 comments

Forever 21 memo demotes full time workers to part time, Obama and Obamacare part time economy, Medical coverage ends August 31, 2013, Hours not exceed 29.5 per week

“Approximately 1 million more people could only find part time employment since Obama took office in January 2009.”…Citizen Wells August 2013

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

From Zero Hedge August 19, 2013.

“Obamacare Strikes At Forever 21 Which Forcibly Demotes Some Workers To 29.5 Hours Per Week”

“A firestorm broke out during the weekend over the latest part-timing impact from Obamacare (covered here extensively previously), this time in the form of a leaked memo by retailer Forever 21, which announced that some employees would be demoted to part-time status. The memo, which announced forcible part-time changes would take place on August 18 with full loss of benefits to take place by August 31, was leaked by a disgruntled employee on their Facebook page.

The highlight from the memo:

Company-wide, Forever 21 recently audited its staffing levels, staffing needs and payroll in conduction with reviewing its overall spending budget. As a result, we are reducing a number of full-time non-management positions…. As a Part-Time employee your regular schedule will not exceed 29.5 hours per week.

As is well known, with the ACA mandating companies who employ 50 full-time workers or more to provide health insurance coverage, one much exploited loophole is to cut full-time workers to part-time status, i.,e., have them work less than 30 hours. Or 29.5 hours in this case.  Following this forcible full-time demotion, employees will lose medical, dental, vision and voluntary coverage on Aug. 31 and will no longer accrue paid time off.

The memo is below:”

Forever21Memo

Read more:

http://www.zerohedge.com/news/2013-08-19/obamacare-strikes-forever-21-which-forcibly-demotes-some-workers-295-hours-week

 

30 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Health Insurance, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, ObamaCare, The Case Against Barack Obama, white house

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Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased

Posted on August 15, 2013 | 78 comments

Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

Once again the US Labor Department reported fewer initial claims.

One report I heard on the radio stated that the number of initial claims was the lowest since October 2007.

Is this comparing apples and oranges?

From the US Labor Dept. August 15, 2013.

“UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA

In the week ending August 10, the advance figure for seasonally adjusted initial claims was 320,000, a decrease of 15,000 from the previous week’s revised figure of 335,000. The 4-week moving average was 332,000, a decrease of 4,000 from the previous week’s revised average of 336,000.”

“The total number of people claiming benefits in all programs for the week ending July 27 was 4,586,860, an increase of 65,906 from the previous week. ”

Read more:

http://www.dol.gov/opa/media/press/eta/ui/current.htm

Reporters are comparing the latest initial claims with those from 2007.

Consider the following comparisons between October 2007 and the latest 2013 numbers.

Part-Time for Economic Reasons, All Industries
Oct 2007 4,325,000

July 2013 8,245,000
U6

Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force

Oct 2007 8.4 %

July 2013 14.0 %

Not in Labor Force, Want a Job Now

Oct 2007 4,131,000

July 2013 6,862,000

An increase in part time workers is bound to affect the initial claims report.

Think about it.

With part time workers you can easily cut back hours without laying them off. And Obamacare is creating more part time workers.

From NBC News August 13, 2013.

“Businesses claim Obamacare has forced them to cut employee hours”

“Employers around the country, from fast-food franchises to colleges, have told NBC News that they will be cutting workers’ hours below 30 a week because they can’t afford to offer the health insurance mandated by the Affordable Care Act, also known as Obamacare.
“To tell somebody that you’ve got to decrease their hours because of a law passed in Washington is very frustrating to me,” said Loren Goodridge, who owns 21 Subway franchises, including a restaurant in Kennebunk. “I know the impact I’m having on some of my employees.”
Goodridge said he’s cutting the hours of 50 workers to no more than 29 a week so he won’t trigger the provision in the new health care law that requires employers to offer coverage to employees who work 30 hours or more per week. The provision takes effect in 16 months.”
“The White House dismisses such examples as “anecdotal.” Jason Furman, chairman of the president’s Council of Economic Advisors, said, “We are seeing no systematic evidence that the Affordable Care Act is having an adverse impact on job growth or the number of hours employees are working. … [S]ince the ACA became law, nearly 90 percent of the gain in employment has been in full-time positions.”

But the president of an influential union that supports Obamacare said the White House is wrong.

“It IS happening,” insisted Joseph Hansen, president of the United Food and Commercial Workers union, which has 1.2 million members. “Wait a year. You’ll see tremendous impact as workers have their hours reduced and their incomes reduced. The facts are already starting to show up. Their statistics, I think, are a little behind the time.”

In a letter to Democratic leaders on Capitol Hill, Hansen joined other labor chieftains in warning that the ACA as presently written could “destroy the foundation of the 40-hour work week that is the backbone of the middle class.”

NBC News spoke with almost 20 small businesses and other entities from Maine to California, and almost all said that because of the new law they’d be cutting back hours for some employees – an unintended consequence of the new law.”

Read more:

https://mail.google.com/mail/ca/?shva=1#inbox/14081e4e38ba3548

 

 

78 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment, Washington DC, white house

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Obama Obamacare create 110 part time jobs for every new full time job since March, Keith Hall former BLS chief, Employers cut back on workers hours, Fewer hours no insurance

Posted on August 5, 2013 | 131 comments

Obama Obamacare create 110 part time jobs for every new full time job since March, Keith Hall former BLS chief, Employers cut back on workers hours, Fewer hours no insurance

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Approximately 1 million more people could only find part time employment since Obama took office in January 2009.”…Citizen Wells August 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

From the Atlanta Journal Constitution August 5, 2013.

“Welcome to the Obamcare economy. From McClatchy:

“The July government employment report released Friday showed the job market treading water.”And a closer look at one of the two measures the Labor Department uses to gauge employment suggests that part-time work accounted for almost all the job growth that’s been reported over the past six months. …” ‘Over the last six months, of the net job creation, 97 percent of that is part-time work,’ said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. ‘That is really remarkable.'”Hall is no ordinary academic. He ran the Bureau of Labor Statistics, the agency that puts out the monthly jobs report, from 2008 to 2012. Over the past six months, he said, the Household Survey shows 963,000 more people reporting that they were employed, and 936,000 of them reported they’re in part-time jobs.” ‘That is a really high number for a six-month period,’ Hall said. ‘I’m not sure that has ever happened over six months before.’ “”
“How, then, to explain what’s happened since January? Back to the McClatchy article and Hall, the former BLS chief:

“Hall speculated that the implementation of the Affordable Care Act, shorthanded as Obamacare, might be resulting in employers shifting workers to part-time status to avoid coming health care obligations.”

‘There’s been so much talk about the effects of Obamacare on part-time work,’ he said. ‘This is such an unusual thing to see.’ ”
By “so much talk,” Hall of course was referring to the numerous stories of employers that are cutting back on their workers’ hours to avoid qualifying for Obamacare’s mandate to provide health insurance for them. Just yesterday, the AJC reported on the various ways local employers are trying to cope with the looming mandate (subscription to MyAJC required for link), including the decision by AAA Parking to move 250 full-time workers to part-time status. Many of the Americans affected by these business decisions are, of course, the very people Obamacare was supposed to help.

In fact, we can get even more specific than the January-July numbers Hall outlined.

Looking at the BLS data, the number of Americans working part-time for economic reasons — i.e., not because they want to work part-time — hit a multi-year low in March. Since then, part-time jobs have accounted for a whopping 99.1 percent of all jobs created. Over the past four months, on a net basis, just 9,000 full-time jobs have been added in the entire United States.

That means there have been 110 part-time jobs created for every one full-time job since March.”

Read more:

http://www.ajc.com/weblogs/kyle-wingfield/2013/aug/05/obamacare-economy-35-part-time-jobs-every-new-full/

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwellian, The Case Against Barack Obama, Unemployment, Washington DC, white house

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Obama BLS jobs data recap August 3, 2013, Fact vs fiction, Employment data rectified as in 1984, Orwellian wordsmithing or outright lies?, Labor force dropouts part time workers and food stamps reveal truth

Posted on August 3, 2013 | 58 comments

Obama BLS jobs data recap August 3, 2013, Fact vs fiction, Employment data rectified as in 1984, Orwellian wordsmithing or outright lies?, Labor force dropouts part time workers and food stamps reveal truth

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Approximately 1 million more people could only find part time employment since Obama took office in January 2009.”…Citizen Wells August 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

You are being lied to.

Don’t take my word for it.

Look it up.

This past week, we received the usual Orwellian reporting on jobs, unemployment rate, initial claims and the economy.

This Market Watch heading was typical.

“Payrolls disappoint,
but unemployment falls.”

No mention of the one month drop in the Labor Force Participation Rate or the huge drop since Obama took the White House in January 2009.

On Thursday the BLS reported initial claims were 326,000. No wonder. Think about it. Huge numbers have dropped out of the labor force.

And part time workers. You don’t have to fire them, just cut back on their hours.

From the BLS Employment Situation report for July 2013.
“Both the number of unemployed persons, at 11.5 million, and the unemployment rate, at 7.4 percent, edged down in July. Over the year, these measures were down by 1.2 million and 0.8 percentage point, respectively.”

“The civilian labor force participation rate was 63.4 percent in July, little changed over the month.”

“Among the marginally attached, there were 988,000 discouraged workers in July, up by 136,000 from a year earlier.”

http://www.bls.gov/news.release/empsit.nr0.htm

The  Labor Force Participation Rate dropped .1 percent in July. That is significant.

The increase of 136,000 discouraged worker from 2012 is certainly significant.

So, do you believe that the unemployment rate is 7.4 percent and that the jobs situation has improved since Obama took office in January 2009?

                                                                               Jan 2009          July 2013
Labor Force
Participation Rate                                                 65.7                    63.4
Employment
Population Ratio                                                   60.6                    58.7
Could only find
part time work                                                    1,676,000   2,665,000
Not in Labor Force                                         81,293,000  88,560,000
Not in Labor Force
Want a Job Now                                                5,866,000    6,862,000
Not in labor force
Discouraged                                                         734,000         988,000

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Posted in 1984, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, George Orwell, Government, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, Orwellian, The Case Against Barack Obama, Unemployment, Washington DC, white house

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July unemployment rate August 2, 2013, ADP jobs report in sync with BLS, Initial claims reflect labor force dropouts, NFIB Trimtabs SurePayroll reports minimal or decreased July hiring

Posted on August 2, 2013 | 38 comments

July unemployment rate August 2, 2013, ADP jobs report in sync with BLS, Initial claims reflect labor force dropouts, NFIB Trimtabs SurePayroll reports minimal or decreased July hiring

“North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”…Raleigh News Observer June 21, 2013

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984″

You are being lied to.

*** Update 8:30 AM ***

July unemployment rate 7.4 %

Total nonfarm payroll employment increased by 162,000.

***  Attention: Once again, the labor force dropped .1 % !!!  ***

Labor Force Participation Rate 63.4 %.

The US Labor Department will release the July 2013 unemployment rate in a few minutes.

Regardless of what the rate is, it will be misleading due to the record drop in the Labor Force Participation Rate and increase in part time workers.

This comes on the heels of two jobs reports this week.

Yesterday, the BLS reported initial claims of 321,000, the lowest in 5 years. This number is a reflection of a smaller labor force and a smaller number of full time workers.

The biggest suspect report came from ADP.

“ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 200,000 JOBS IN JULY

ROSELAND, N.J. – July 31, 2013 – Private-sector employment increased by 200,000 jobs from June to July, according to the July ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading provider of human capital management solutions, in collaboration with Moody’s Analytics. The report is derived from ADP’s actual payroll data and measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. June’s job gain was revised upward from 188,000 to 198,000.
July 2013 Report Highlights*

View the ADP National Employment Report Infograph at http://www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 200,000

 By Company Size
 Small businesses: 82,000
o 1-19 employees 51,000
o 20-49 employees 31,000
 Medium businesses: 60,000
o 50-499 employees 60,000
 Large businesses: 57,000
o 500-999 employees 7,000
o 1,000+ employees 50,000”

Read more:

http://www.adpemploymentreport.com/2013/July/NER/NER-July-2013.aspx

There are several problems with the ADP report.

From the ADP methodology:

“Automatic Data Processing, Inc. (ADP) has joined with Moody’s Analytics in order to use ADP’s large payroll data set to predict private-sector employment prior to the release of the CES report.”

Read it for yourself.

SWAG may be too kind a word for this.

From NFIB, National Federation of Independent Business, July 31, 2013.
“NFIB Jobs Statement: Few Jobs and Poor Prospects”
“Chief economist for the National Federation of Independent Business (NFIB) William C. Dunkelberg, issued the following statement on July’s job numbers, based on NFIB’s monthly economic survey that will be released on Tuesday, August 13th. The survey was conducted in July and reflects the responses of 1,615 sampled NFIB members: graph

“July was another slow month for jobs among NFIB’s 350,000 owners, with the average increase in employment coming in at a negative 0.11 workers per firm, the third negative monthly reading in a row.”

http://www.nfib.com/press-media/press-media-item?cmsid=63483

From CNBC July 31, 2013.

“Big jobs number coming? Data firm TrimTabs says just 23,000”

“Before anyone gets too excited about job prospects for July, a data firm is reporting that payroll growth was much slower than expected.

TrimTabs estimated Wednesday that employment slowed to a trickle, with just 23,000 positions added for the month.”

“In June, the Bureau of Labor Statistics said the economy added 195,000, while TrimTabs put the number at a relatively close 182,000. In May, though, the disparity was far greater, with the government asserting 195,000 while TrimTabs estimated 135,000.”

“TrimTabs isn’t the only outfit with a dim view of July jobs, though.

Small-business payroll firm SurePayroll said hiring actually decreased 0.1 percent for the month.”

Read more:

http://www.cnbc.com/id/100928017

In case you have forgotten.

From the BLS, Bureau of Labor Statistics, March 22, 2013.
“Mass Layoffs Data Discontinued |
On March 1, 2013, President Obama ordered into effect the across-the-board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all “measuring green jobs” products. The final release of Mass Layoffs Statistics data will occur on June 21st, with publication of the May 2013 data.”

Welcome to the age of Big Brother.

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Posted in 1984, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, News, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, Orwellian, The Case Against Barack Obama, Unemployment

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