Category Archives: Obama lies

May jobs report and US Labor Dept. BLS reveal most jobs going to immigrants, Zero Hedge article echoes Citizen Wells reporting on White Americans and millennials jobs decimation, Illegal immigrant recovery, 75 percent of Obama jobs went to Hispanic Latinos

Posted on June 7, 2015 | 25 comments

May jobs report and US Labor Dept. BLS reveal most jobs going to immigrants, Zero Hedge article echoes Citizen Wells reporting on White Americans and millennials jobs decimation, Illegal immigrant recovery, 75 percent of Obama jobs went to Hispanic Latinos

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Citizen Wells has been informing and warning you for months about the decimation of jobs for White Americans and millennials and the fact that 75 percent of jobs under Obama went to Hispanics and Latinos.

From Citizen Wells May 12, 2015.

“I have been warning you about the decimation of white American jobs under Obama.

Reported here recently:

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.

The real unemployment rate, that is, real humans not employed, could well be 23 percent.

From Shadow Government Statistics.

“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”

“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.””

Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

Zero Hedge does a great job of reporting the real economy and jobs situation.

I was pleased to find the following.

“The “Illegal Immigrant” Recovery? The Real Stunner In The Jobs Report”

“Traditionally, when it comes to job numbers reported by the BLS’s Establishment (the source of the monthly nonfarm payrolls change) and Household (the source of the monthly unemployment rate data) surveys, there is a substantial discrepancy. However, in May’s far stronger than expected report, the two for the first time were almost identical: the Establishment Survey reported an increase of 280K jobs, while according to the Household survey 272K jobs were added.

Impressive numbers in a month in which only 215K jobs were expected to be added.

There were the usual kinks, of course. Two thirds of all jobs, according to the Establishment survey, were low-paying, low-quality jobs, primarily teachers, retail, temp help and waiters (something even CNBC has been forced to acknowledge):”

May2015Jobs

“There were other curiosities: the vast majority of jobs added in May, over 200K, were in the 20-24 age group, and the number of self-employed workers mysteriously soared by 350K to 10 million.

But the biggest surprise came from Table 7, where the BLS reveals the number of “foreign born workers” used in the Household survey. In May, this number increased to 25.098 million, the second highest in history, a monthly jump of 279K.”

May2015foreign born workers

“Assuming, the Household and Establishment surveys were congruent, this would mean that there was just 1K native-born workers added in May of the total 280K jobs added.

Alternatively, assuming the series, which is not seasonally adjusted, was indicative of seasonally adjusted data, then the 272K increase in total Household Survey civilian employment in May would imply a decline of 7K native-born workers offset by the increase of 279K “foreign borns.”

But while all of these comparisons are apples to oranges, using the BLS’ own Native-Born series, also presented on an unadjusted basis, we find the following stunner: since the start of the Second Great Depression, the US has added 2.3 million “foreign-born” workers, offset by just 727K “native-born”.”

“Note: this article is not meant to side on either side of the illegal immigration debate: the upcoming presidential elections will do enough of that. It merely seeks to fill a gaping hole in economist models which are unable to explain or rationalize why America’s seemingly “booming” jobs recovery, which is “firing on all fours” according to the BLS, is not manifesting itself in either inflationary pressures, or broad economic productivity.”

Read more:

http://www.zerohedge.com/news/2015-06-06/illegal-immigrant-recovery-presenting-most-stunning-number-may-jobs-report

 

 

 

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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May employment report truth not hype from Citizen Wells, 2 million White Americans not in labor force since Obama took office, Only 13k white employments added in 2015 after huge drop, We are being lied to on a scale unimaginable by George Orwell

Posted on June 6, 2015 | 33 comments

May employment report truth not hype from Citizen Wells, 2 million White Americans not in labor force since Obama took office, Only 13k white employments added in 2015 after huge drop, We are being lied to on a scale unimaginable by George Orwell

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells

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

 

 

We are being lied to on a scale unimaginable by George Orwell.

Even the talk radio station, 94.5 that carries Beck, Limbaugh and Hannity regurgitated the same old crap from the mainstream media about the jobs report.

I am here to present unreported facts.

The real employment situation in this country.

As noted above,  there were 2 million more White Americans not in the labor force since Obama took office and only 13,000 white employments added in 2015 after a huge drop.

Also, by looking at the US Labor Department historical tables, one finds. Comparing May 2008 to May 2015:

Over 9 million more White Americans not in the labor force.

An employment to population ratio drop of 3.2 percent.

Approximately 1.5 million fewer White Americans employed.

A 3.4 percent drop in labor force participation rate.

A almost 6.4 rise in White civilian noninstitutional population.

A big rise in employee age population and drop in employment.

The truth.

Why is this happening?

From Citizen Wells May 7, 2015.

You have been lied to by the media and White House.

I am always sickened by the regurgitation of jobs data reporting by the media. Even conservative talk radio media.

Doesn’t anyone care enough to examine the data and not accept the reports at face value.

God bless Jim Clifton, the CEO of Gallup who recently called the unemployment rate a big lie.

He is correct!

I was pleasantly surprised to read the following on Market Watch this AM.

“Obama’s policy failures are not merely matters of public perception, but matters of economic reality as measured by his own administration. President Obama’s policies have resulted in slow economic growth and a chaotic web of foreign policy. We all know the data. The economy is growing at just over 2%. The first quarter of 2015 will likely show a shrinkage in gross domestic product. The unemployment rate is at a low 5.5% because millions of prime-age workers have left the labor force, leaving participation rates at 1978 levels. New employment data will be released on Friday that will indicate how the economy performed in April, the first month of the second quarter.

Young Americans, often known as millennials, are bearing the brunt of the stagnant economy. Youth unemployment, at 10.5%, is more than twice the unemployment rate of those age 25 and up, at 4.4%. If Clinton wants to attract large numbers of millennials, she needs to explain how her policies will be both different from Obama’s and helpful to young people. That explanation has not been forthcoming.”

“Another big lie:

“jobs creation — which had been the bright spot of late in the U.S. economy”

Only if you are an immigrant.

If you are a white American, which was 70 percent of the population, you have lost millions of jobs since Obama took the White House in January 2009 and those jobs have not been recovered.

That is why 30 percent of millenials live with family or friends and we have record food stamp use and hunger.”

“Here is the rest of the story:”

“First let’s address the “February’s strong report “.

 From Citizen Wells March 7, 2015.

“Nonfarm payrolls increased 295,000 last month”

“Yet, if you simply look at the data from the US Labor Department you find:

43,000 fewer Whites employed in Feb!!!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

There were 250,000 more Hispanic/Latino workers employed since December 2014.

It is worse than that.”

Read more

Data from the US Labor Dept. for March 2015.

From Citizen News April 3, 2015.

“Total nonfarm payroll employment increased by 126,000 in March, and the unemployment rate was unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today.
Employment continued to trend up in professional and business services, health care, and retail trade, while mining lost jobs.”

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

“Now for the rest of the story, the truth.

Also from the same website, historical tables.

There were 106,000 fewer whites employed in March.

There were 226,000 more whites not in the labor force.

There were 81,000 more Hispanic employments.

Don’t take my word for it.

Look it up!”

April employment report US Labor Dept. BLS May 8, 2015, Media and White Houses lies continue, Unless you are an immigrant jobs lost under Obama not caught up, ADP 169k jobs added, March revised downward, Ask your news source why they lie to you

From the Center for Immigration Studies February 2015.

“For Every New Job, Two New Immigrants

Since 2000: 9.3 million new jobs, 18 million new immigrants”

“Government data collected in December 2014 show 18 million immigrants (legal and illegal) living in the United States who arrived in January 2000 or later. But only 9.3 million jobs were added over this time period. In addition, the native-born population 16 and older grew by 25.2 million. Because job growth has not come close to matching immigration and population growth, the share of Americans in the labor force has declined dramatically — a clear indication there is no labor shortage. Despite this, Congress is considering proposals to increase legalimmigration even further; and during the last Congress the Senate actually passed the Schumer-Rubio bill (S.744), which would have doubled legal immigration and legalized illegal immigrants.1 Congress’s disregard for the absorption capacity of the U.S. labor market has profound consequences for American workers.

  • In December 2014 there were 18 million immigrants (legal and illegal) living in the country who had arrived since January 2000.2 But job growth over this period was just 9.3 million — half of new immigration.3
  • Between two-thirds and three-fourths of the new arrivals are estimated to be legal immigrants.4 Of the new arrivals 89 percent were potential workers 16 and older.
  • In addition to the 18 million new immigrants, the native-born working-age population (ages 16 to 65) grew by 16.5 million since 2000; if we count natives over age 65, total native population growth was 25.2 million since 2000.5
  • Job growth has not come close to matching new immigration and natural population increase; as a result, the labor force participation rate (the share working or looking for work) of native-born Americans 16 to 65 shows a significant long-term decline.
  • The share of native-born Americans 16 to 65 in the labor force was 77 percent in December 2000, 75 percent in December 2007, and 72 percent in December 2014.6
  • The number of working-age natives not in the labor force (neither working nor looking for work) increased by 13 million from December 2000 to December 2014.7
  • If we look at the period after the Great Recession began, 7.8 million new immigrants arrived from 2008 to 2014, yet net job growth was just two million from the beginning of 2008 to the end of 2014.8
  • If we look at the period before the Great Recession, from January 2000 to December 2007, 11.1 million immigrants arrived and job growth was still only 7.3 million.9

Read more;

http://cis.org/for-every-new-job-two-new-immigrants

 

 

 

 

 

 

 




		
	
							

	
			

				
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May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office


			

				Posted on June 5, 2015 | 33 comments
			


				

				
May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office


“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 


“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014


“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells


 


 


Did you know that as of the April jobs report there were over 2.3 million fewer white Americans in labor force since Obama took office?


That there were 316,000 fewer white Americans employed since January?


Only if you have been reading Citizen Wells.


The White House and media have been lying to you.


From Citizen Wells May 12, 2015.


“I have been warning you about the decimation of white American jobs under Obama.


Reported here recently:


There were 167,000 fewer white Americans employed in April.


There were 316,000 fewer white Americans employed since January.


There were 875,000 more white Americans not in the labor force since January.


The labor force participation rate for white Americans dropped .4 percent since January.


It has dropped 3.3 percent under Obama.


There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.


I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.


The real unemployment rate, that is, real humans not employed, could well be 23 percent.


From Shadow Government Statistics.


“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”


“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.”


UnemploymentRateAlternate


http://www.shadowstats.com/alternate_data/unemployment-charts


Still not alarmed?


From Zero Hedge May 11, 2015.


“Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), and yet despite all of their hard work they still find themselves mired in poverty.  One of the big reasons for this is that we have created two classes of workers in the United States. 


“Full-time workers” are entitled to an array of benefits and protections by law that “part-time workers” do not get.  And thanks to perverse incentives contained in Obamacare and other ridiculous laws, we have motivated employers to move as many workers from the “full-time” category to the “part-time” category as possible.  It may be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or more hours each week.  But to get any kind of a job at all is a real challenge in many parts of the country today.  As you read this article, there aremore than 100 million working age Americans that are not employed in any capacity.  And according to John Williams of shadowstats.com, if the federal government was actually using honest numbers the unemployment rate would be sitting at 23 percent.  That is not an “employment recovery” – that is a national crisis.””


Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working




 

							

	
			

				
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Greensboro News Record repeats big lie, Unemployment rate Greensboro High Point metro, John Quinterno reality check, We’ll probably never catch up to where we were, Citizen Wells facts


			

				Posted on June 4, 2015 | 19 comments
			


				

				
Greensboro News Record repeats big lie, Unemployment rate Greensboro High Point metro, John Quinterno reality check, We’ll probably never catch up to where we were, Citizen Wells facts


“The total number of working-age (16 to 65) immigrants (legal and illegal) holding a job in North Carolina increased by 313,000 from the first quarter of 2000 to the first quarter of 2014, while the number of working-age natives with a job declined by 32,000 over the same time.”…Center for Immigration Studies Aug 2014


“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 


“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells


 


 


It appears that the Greensboro News Record is attempting to report some realistic data on the employment situation in the Greensboro High Point metro area. I believe that the reason for this is because Republicans are in power now.


They quote John Quinterno of Chapel Hill-based South by North Strategies who is paying attention.


However, they still quote an unemployment rate of 5.3 percent which is, as Jim Clifton Of Gallup stated, a big lie.


From the Greensboro News Record June 4, 2015.


“An increase in Triad jobs pushes unemployment down”


“Month after month, we peek at unemployment figures for a bright spot. The rate goes down, but we’re not creating jobs.


This month, we’ve seen a solid year of job growth in the Greensboro-High Point metropolitan area, and it’s the kind of good news that doesn’t come with a catch, according to statistics released Wednesday by the N.C. Department of Commerce.




The April unemployment rate for the region was 5.3 percent — down nearly one percentage point from 6.2 percent in April 2014.






And the best news is that nearly 12,000 more people had jobs this April than a year ago.






In fact, the past 16 months have been a breakout period of sorts for the area, when the number of employed people rose and the number of unemployed dropped.






“Sometimes we’ve seen periods where the unemployment rate is falling because people are leaving the labor force, but this is a real pickup from a year ago and it shows real improvement,” said Andrew Brod, a senior research fellow for UNC-Greensboro’s Center for Business and Economic Research.






According to state data for April, 19,538 people were unemployed in the Greensboro-High Point metro area, which covers Guilford, Rockingham and Randolph counties.






Last month, it was 20,062 people.






In April 2014, there were 22,178 unemployed.






“I think what we’re seeing here is the economy in the (Greensboro-High Point metro) over the last month … it’s not hurting but there’s no dramatic improvement,” Brod said. “But if you look at it over the last year, you see a clear improvement.”






Still, a North Carolina economic and social policy consultant said that over the years Greensboro-High Point has not truly recovered from the recession.






John Quinterno of Chapel Hill-based South by North Strategies said that “if you look long term … the picture is less comforting. If you compare April 2015 to April 2008, you will see that the metro unemployment rate still is higher than it was seven years ago.””


“We’ll probably in some sense never catch up to where we were,”


Read more:


http://www.greensboro.com/business/an-increase-in-triad-jobs-pushes-unemployment-down/article_a9dcf4ca-0a64-11e5-bfc4-9bef70131f66.html


From Triad City Beat June 3, 2015.


“News & Record lays off nine employees”


Jeff Gauger,  publisher and editor of the News & Record, confirmed today that the daily paper eliminated nine full-time positions.


The positions, which were in the news, advertising and administration, were cut on June 3 “due to continuing softness in national advertising,” Gauger said, adding that the nine employees “were released with severance.” He did not provide further details about which positions were cut or which employees were laid off.


Read more:


News & Record lays off nine employees




Once again, the stated unemployment rate is a big lie.


The NC State website does not provide the participation rate by metro area but it does for the state.


In January 2009, when Obama took office, the participation rate was 65.2 percent.


In April 2015, the rate was 61.1 percent.


That is a plummet of 4.1 percent and accounts for much of the drop in the unemployment rate.


In the metro area there were 350,184 people employed in April 2008.


In April 2015 there were 348,297 people employed.


That is a drop of 1,887 employed!


In an area that has grown in population!


And of any so called jobs added, we do not know how many are part time or low paying.


But we do know this.


From Citizen Wells April 24, 2015.


“Another poll has ranked the Greensboro-High Point metropolitan area as among the hungriest in the country.


Only this time, the Gallup poll commissioned by the Food Research and Action Center in 2014 ranks the area No. 1 for people who had difficulties securing food, based on a percentage of the total population.




North Carolina placed eighth overall, with Mississippi at the top of the rankings. Louisiana was second, followed by West Virginia.”


“From the Center for Immigration Studies August 2014.


“Who Got the Jobs in North Carolina?”


“Natives accounted for most of the growth in population, but all employment growth went to immigrants”


Confirmation of NC employment big lie, 5.4 percent unemployment and job growth touted, Reality is 4.5 plummet in participation rate, Greensboro area first in nation in hunger, 5.6 percent drop in percent of population employed, Immigrants got jobs




Stop lying to us!!!




 


 




 

							

	
			

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

								
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ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell


			

				Posted on June 3, 2015 | 38 comments
			


				

				
ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell


“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014


“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 


“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells


 


 


Once again the media and the White House will prop up Obama and lie to the American people.


They have not been reporting the real jobs and economy situation in this country.


They especially are not reporting that White Americans have been decimated in the job market under Obama.


Don’t take my word for it. Go to the US Labor Dept. site and look for yourself.


From Market Watch June 3, 2015.


“Wall Street was poised for a positive session on Wednesday, with futures inching higher ahead of private-sector jobs data that could hint at the strength of the closely watched nonfarm-payrolls report.”


“Wednesday’s data: Investors will get a first sense of how the labor market performed in May with the ADP employment report, due at 8:15 a.m. Eastern Time. Economists polled by FactSet expect that 200,000 private-sector jobs were added in the month, up from a disappointing 169,000 in April.


The ADP figure is seen as a bellwether for the top-tier nonfarm-payrolls report due on Friday, although the private-sector data can at times veer substantially from the U.S. government’s report.”


http://www.marketwatch.com/story/us-stock-futures-climb-as-investors-wait-for-adp-jobs-clues-2015-06-03?link=MW_home_latest_news


Even if 200k jobs are added, it does not begin to make up for the massive losses of full time jobs under Obama, especially for White Americans and millenials.


Do not be fooled by the stated unemployment rate.


Jim Clifton, CEO of Gallup accurately called it a big lie.


Most of you reading this know that the economy, i.e., main street is not doing well.


That over 30 percent of millenials live with family members.


From Citizen Wells May 28, 2015.


“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.


There was an increase of over 12 million not in the labor force since Obama took office.


The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.


And all of those jobs that Obama bragged about and Janet Yellen and others referred to….


Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!


We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””


“Millennials are a bit of a mystery to Janet Yellen.


The head of the U.S. Federal Reserve said Tuesday that the behavior of millennials — which typically refers to a generation of people born in the 80s and 90s — has top economists scratching their heads.


“I think we’re just beginning to understand how the millennials are behaving,” Yellen said before the Senate Banking Committee. “They’re certainly waiting longer to buy houses; to get married. They have a lot of student debt. They seem quite worried about housing as an investment. They’ve had a tough time in the job market.”


”


    

  • The large increases since 2007 in the unemployment and underemployment rates of young college graduates, and in the share of employed young college graduates working in jobs that do not require a college degree, underscore that the current unemployment crisis among young workers did not arise because today’s young adults lack the right education or skills. Rather, it stems from weak demand for goods and services, which makes it unnecessary for employers to significantly ramp up hiring.
    • 

  • The long-run wage trends for young graduates are bleak, with wages substantially lower today than in 2000. Since 2000, the real (inflation-adjusted) wages of young high school graduates have dropped 10.8 percent, and those of young college graduates have dropped 7.7 percent.
    • 

  • The erosion of job quality for young graduates is also evident in their declining likelihood of receiving employer-provided health insurance or pensions.
    • 

  • Graduating in a bad economy has long-lasting economic consequences. For the next 10 to 15 years, those in the Class of 2014 will likely earn less than if they had graduated when job opportunities were plentiful.”
    • 



ParticipatioRate25DegreeFredgraph10year


 


I do not know how many jobs would have to be created each month to catch up with the huge losses under Obama.


But remember, many of the so called jobs created were part time and low wage. Another reason the immigrants have fared better.


My best SWAG would be double the current number with a much higher percentage of full time jobs.


Actually I do have the background to calculate a more accurate number but that requires a reliable starting point & getting that number would be a real challenge

							

	
			

				
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Blue Cross Blue Shield of NC requests 25.7 percent rate increase for Obamacare plans in 2016, Higher premiums would help offset  growing cost of medical services, 2015 rates increased 13.5 percent


			

				Posted on June 2, 2015 | 49 comments
			


				

				
Blue Cross Blue Shield of NC requests 25.7 percent rate increase for Obamacare plans in 2016, Higher premiums would help offset growing cost of medical services, 2015 rates increased 13.5 percent


“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year.”…Barack Obama


“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.


Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013


“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells


 


 


From WRAL June 1, 2015.


“Insurers seek sizable rate increases on Affordable Care Act health plans”


“Blue Cross Blue Shield of North Carolina has asked state regulators for a 25.7 percent average rate increase on individual insurance plans purchased under the Affordable Care Act for 2016.


The request, which still needs to be approved by the North Carolina Department of Insurance, doesn’t include employer-sponsored health plans or to any existing coverage grandfathered in under the federal health care law.


Two other insurers, Coventry Health Care of the Carolinas and United Healthcare, also offer plans through the HealthCare.gov marketplace to North Carolina residents. Coventry, which is merging with Aetna, has asked for an average 18 percent increase, while United submitted a request for an average 12.5 percent increase.”


“Higher premiums would help offset the growing cost of medical services, he said, noting the Blue Cross could revise its request in the next month or so and seek an even larger increase. The company based its current request on 2014 data and wants to collect more information on 2015 costs before deciding on amending its filings with state regulators.


The Affordable Care Act requires that insurers spend at least 80 cents of every premium dollar directly on health care. Blue Cross officials have said the company spends 86 cents of every dollar on care.


Rates for Blue Cross plans on HealthCare.gov increase by an average of 13.5 percent this year.


Getzen also noted that 15 to 20 percent of customers with HealthCare.gov plans canceled their coverage after paying initial premiums and consuming costly medical services.”


Read more:


http://www.wral.com/insurers-seeking-sizable-rate-increases-on-affordable-care-act-health-plans/14682626/


 

							

	
			

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

								
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Millennials renters not home owners for good reasons, High unemployment, Lower wages, Dropping out of labor force, Living with family, High student debt, White American jobs decimated by Obama economy


			

				Posted on May 28, 2015 | 17 comments
			


				

				
Millennials renters not home owners for good reasons, High unemployment, Lower wages, Dropping out of labor force, Living with family, High student debt, White American jobs decimated by Obama economy


“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014


“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014


“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells


 


 


Janet Yellen was mystified by millennials’ behaviour.


Apparently so is the media.


From Market Watch May 28, 2015.


“Why ‘Generation Rent’ is reluctant to buy houses”


“The fact that “Generation Rent” — 25- to 34-year-olds in the U.S. — isn’t getting off the fence when it comes to buying homes has been well documented. Even with near record-low interest rates, just 38% of this cohort — also known as millennials — owned homes in 2012, according to CoreLogic, compared with nearly 52% of the same age group in 1980, when mortgage rates were in the double digits.”


“Carrington Mortgage Services, a Santa Ana, Calif.-based mortgage lender and servicer, surveyed millennials about home ownership and then did something unique: it sorted the responses by category, and then broke them out by region in the United States.


What they discovered should make real estate agents and loan officers pay attention, because what’s keeping millennials from buying a home in one part of the country isn’t true in another.”


““Student loan debt is universal,” he said. “What does vary is how significant that becomes to the overall equation.””


Read more:


http://www.marketwatch.com/story/millennials-in-texas-and-in-california-reject-home-ownership-for-vastly-different-reasons-2015-05-28


How about these reasons:


From Citizen Wells March 1, 2015.


“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.


There was an increase of over 12 million not in the labor force since Obama took office.


The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.


And all of those jobs that Obama bragged about and Janet Yellen and others referred to….


Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!


We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””


https://citizenwells.com/2015/03/01/hispanics-already-getting-75-percent-of-jobs-and-obama-giving-them-more-history-trumps-ihs-projections-white-population-millennials-getting-decimated-citizen-wells-reveals-year-by-year-of-obama-ame/


From Citizen Wells February 25, 2015.


“Janet Yellen: Millennials are a mystery”


“Millennials are a bit of a mystery to Janet Yellen.


The head of the U.S. Federal Reserve said Tuesday that the behavior of millennials — which typically refers to a generation of people born in the 80s and 90s — has top economists scratching their heads.


“I think we’re just beginning to understand how the millennials are behaving,” Yellen said before the Senate Banking Committee. “They’re certainly waiting longer to buy houses; to get married. They have a lot of student debt. They seem quite worried about housing as an investment. They’ve had a tough time in the job market.”


As the economy continues to gain strength, Yellen said she expects more millennials to buy homes and start families. “But,” she quipped, “we’ve yet to really see how this is going to affect that generation.””


“Census Bureau: 30.3% Millennials Still Living With Their Parents”


“From the Economic Policy Institute May 1, 2014.


“This paper’s title, The Class of 2014, is admittedly something of a misnomer, as we do not yet know the labor market outcomes of these soon-to-be graduates. However, the outcomes of recent high school and college graduates provide a good sense of the labor market conditions the young men and women graduating this spring will face. This briefing paper examines the labor market that confronts young graduates who are not enrolled in further schooling—specifically, high school graduates age 17–20 and college graduates age 21–24. We look at young graduates who are not enrolled in further schooling in an attempt to focus as closely as possible on the labor market outcomes of those who are starting their careers. ”


“Key findings include:”


    

  • “In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.
    • 

  • Unemployment and underemployment rates among young graduates are improving but remain substantially higher than before the recession began.

      

    • For young college graduates, the unemployment rate is currently 8.5 percent (compared with 5.5 percent in 2007), and the underemployment rate is 16.8 percent (compared with 9.6 percent in 2007).
      • 

    • For young high school graduates, the unemployment rate is 22.9 percent (compared with 15.9 percent in 2007), and the underemployment rate is 41.5 percent (compared with 26.8 percent in 2007).
      • 

    

    • 

  • Overall unemployment rates of young graduates mask substantial disparities in unemployment by race and ethnicity. The unemployment rates of blacks and Hispanics are substantially higher than the unemployment rates of white non-Hispanics, for both young high school graduates and young college graduates.
    • 

  • The large increases since 2007 in the unemployment and underemployment rates of young college graduates, and in the share of employed young college graduates working in jobs that do not require a college degree, underscore that the current unemployment crisis among young workers did not arise because today’s young adults lack the right education or skills. Rather, it stems from weak demand for goods and services, which makes it unnecessary for employers to significantly ramp up hiring.
    • 

  • The long-run wage trends for young graduates are bleak, with wages substantially lower today than in 2000. Since 2000, the real (inflation-adjusted) wages of young high school graduates have dropped 10.8 percent, and those of young college graduates have dropped 7.7 percent.
    • 

  • The erosion of job quality for young graduates is also evident in their declining likelihood of receiving employer-provided health insurance or pensions.
    • 

  • Graduating in a bad economy has long-lasting economic consequences. For the next 10 to 15 years, those in the Class of 2014 will likely earn less than if they had graduated when job opportunities were plentiful.”
    • 



Read more:


http://www.epi.org/publication/class-of-2014/


 From Market Watch February 18, 2015.


“HIGH STUDENT DEBT EQUALS FEWER HOME BUYERS”


“Going to college usually leads to better jobs and better pay, but it’s also left many people dangerously in debt and unable to buy a house years after they leave school.


A pair of reports in the past two days illustrate the point. The percentage of student loans at least 90 days overdue rose to 11.3% from 11.1% in the final three months of 2014, the New York Federal Reserve said Tuesday.


While delinquencies have fallen from a record 11.8% in 2013, they are still almost twice as high as they were 10 years earlier.


Then on Wednesday the government reported that construction of new homes fell slightly to a 1.06 million annual pace in January. While sales have been rising gradually, they still aren’t increasing nearly as fast as expected almost six years into an recovery. And the percentage of buyers purchasing their first home is still unusually low.


In a fully functioning economy, housing starts should be running around 1.4 million to 1.8 million a year, analysts estimate.


Clearly the weight of student loans is too heavy for many young people to buy a single-family home. Many can’t qualify for a loan in an era of tougher lending standards or afford the monthly cost of a mortgage.””


Janet Yellen millennials a mystery, Citizen Wells schools Yellen, Student debt and jobs, Influx of illegals impacting job market, 75 percent of Obama jobs went to Hispanics Latinos, High unemployment rates for young Americans




How about these charts?


ParticipatioRate25DegreeFredgraph10year


StudentLoansFredgraph


 


 


 


 


 


 


 

							

	
			

				
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						Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Mortgage crisis, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment					

								
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April housing starts, Media lies and reports anything but truth to prop up Obama, Housing report dismal to correlate with horrible jobs and economic data, Single family starts 61 percent of 2007 levels, 41 percent of Bush presidency best


			

				Posted on May 19, 2015 | 124 comments
			


				

				
April housing starts, Media lies and reports anything but truth to prop up Obama, Housing report dismal to correlate with horrible jobs and economic data, Single family starts 61 percent of 2007 levels, 41 percent of Bush presidency best


“You can’t fix stupid.”…Ron White


 


“Why does the mainstream media continue to protect Obama and lie to the American people?”…Citizen Wells


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


 


You have to believe that the folks producing the reports in the mainstream media about the economy and in this case housing starts, are not as stupid as they appear.


It is all about protecting Obama and the hell with the facts.


You have probably read or heard the exciting news, which further stimulated the financial markets, about the big jump in housing starts in April. The so called 20 percent increase.


Here is the truth.


First from Zero Hedge.


“Following two ugly months of dramatically missed expectations, Housing Starts exploded to ‘recovery’ highs (highest since Nov 2007) jumping 20.2% MoM to 1.135million (against 1.015 exp.).”


“Well these huge mal-investment spikes make perfect sense in light of the collapse in lumber prices (and thus demand).”


HousingStartsLumber


Read more:


http://www.zerohedge.com/news/2015-05-19/housing-starts-surge-highest-nov-2007-permits-7-year-highs


Hold that thought.


Here is the report.


“NEW RESIDENTIAL CONSTRUCTION IN APRIL 2015

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential

construction statistics for April 2015:”


“HOUSING STARTS

Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,135,000. This is 20.2 percent (±14.4%) above the

revised March estimate of 944,000 and is 9.2 percent (±10.6%)* above the April 2014 rate of 1,039,000.

Single-family housing starts in April were at a rate of 733,000; this is 16.7 percent (±10.6%) above the revised March figure of 628,000.

The April rate for units in buildings with five units or more was 389,000.”


Click to access newresconst.pdf


Let’s examine it.


First, the 20 percent increase was for privately owned which includes single and multi family. We all know that rentals are where the action is since fewer people are able to afford homes, especially millenials.


The single family increase was 16.7 percent, but hold on:


A. The increase was over March which had dropped significantly.

B. There is a statistical sampling error of +- 10.6 percent.

C. The single family starts was 733,000.

D. That is 61 percent of the April 2007 figure of 1,197,000.

E. That is 41 percent of the best number for the Bush presidency in Nov. 2005 of 1,808,000.


HousingStarts


The thought I asked you to hold above.


Revealed by Zero Hedge about lumber prices and futures.


Supply and demand.


Lumber prices.


LumberPrices


From Reuters May 18, 2015.


“U.S. home builder sentiment slips in May: NAHB”


“Consumers are exhibiting caution, and want to be on more stable financial footing before purchasing a home,” NAHB Chief Economist David Crowe said in a statement.”


“The single-family home sales component fell to 59 from 61 in April. The gauge of single-family sales expectations for the next six months rose to 64 from a revised 63, while prospective buyer traffic fell to 39 from a revised 40.”


Read more:


http://www.reuters.com/article/2015/05/18/us-usa-economy-housing-nahb-idUSKBN0O31EY20150518


 


 

							

	
			

				
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						Posted in Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Lies, media, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama					

								
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Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working


			

				Posted on May 12, 2015 | 29 comments
			


				

				
Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working


“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 


“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014


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


 


 


I have been warning you about the decimation of white American jobs under Obama.


Reported here recently:


There were 167,000 fewer white Americans employed in April.


There were 316,000 fewer white Americans employed since January.


There were 875,000 more white Americans not in the labor force since January.


The labor force participation rate for white Americans dropped .4 percent since January.


It has dropped 3.3 percent under Obama.


There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.


I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.


The real unemployment rate, that is, real humans not employed, could well be 23 percent.


From Shadow Government Statistics.


“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”


“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.”


UnemploymentRateAlternate


http://www.shadowstats.com/alternate_data/unemployment-charts


Still not alarmed?


From Zero Hedge May 11, 2015.


“Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), and yet despite all of their hard work they still find themselves mired in poverty.  One of the big reasons for this is that we have created two classes of workers in the United States. 


“Full-time workers” are entitled to an array of benefits and protections by law that “part-time workers” do not get.  And thanks to perverse incentives contained in Obamacare and other ridiculous laws, we have motivated employers to move as many workers from the “full-time” category to the “part-time” category as possible.  It may be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or more hours each week.  But to get any kind of a job at all is a real challenge in many parts of the country today.  As you read this article, there are more than 100 million working age Americans that are not employed in any capacity.  And according to John Williams of shadowstats.com, if the federal government was actually using honest numbers the unemployment rate would be sitting at 23 percent.  That is not an “employment recovery” – that is a national crisis.”


Read more:


http://www.zerohedge.com/news/2015-05-11/average-age-minimum-wage-worker-america-36


 


 

							

	
			

				
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Greensboro News Record regurgitates AP April jobs lies, Labor Dept. lies, Lie defined as giving false impression, 167k fewer white Americans employed in April, Almost 900k dropped from labor force since Jan, Part time jobs soar by 437k full time jobs tumble, Unemployment rate is big lie


			

				Posted on May 10, 2015 | 39 comments
			


				

				
Greensboro News Record regurgitates AP April jobs lies, Labor Dept. lies, Lie defined as giving false impression, 167k fewer white Americans employed in April, Almost 900k dropped from labor force since Jan, Part time jobs soar by 437k full time jobs tumble, Unemployment rate is big lie


“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 


“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014


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


 


 


The Greensboro News Record is owned by Warren Buffet’s Berkshire Hathaway.


For that reason alone I am suspect of anything in print there.


Of course lies, statements and words that give false impressions are nothing new in the mainstream media.


The media, in lockstep with the Obama administration, continue to lie to us.


The Greensboro News Record on Saturday, May 9, 2015 regurgitated another AP jobs report that lies, i.e, gives a big false impression.


From the Greensboro News Record May 9, 2015.


“The U.S. stock market had its best day in two months Friday following good news about the job market.


The surge was enough to push two of the three major U.S indexes to gains for the week.


Investors were encouraged that U.S. employers added 223,000 jobs in April, a solid gain suggesting that the economy may be recovering after a stumbling start to the year.


While the jobs report is always closely watched, April’s survey garnered even more interest than usual after a poor March, which had revised figures showing only 85,000 jobs were added to payrolls.


“I am even more convinced that the March report was an outlier,” Paul Christopher, an investment strategist with Wells Fargo Advisors. “We all know the first quarter was a tough quarter. The jobs numbers needed to hold up and they did.””


(When I find a link to this I will supply it)


The News Record could have reported the following from the US Labor Dept website.


There were 167,000 fewer white Americans employed in April.


There were 316,000 fewer white Americans employed since January.


There were 875,000 more white Americans not in the labor force since January.


The labor force participation rate for white Americans dropped .4 percent since January.


It has dropped 3.3 percent under Obama.


There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.


Zero Hedge found and reported the following.


“For all the talk about a jobs recovery and about a US economy that has put the great financial crisis and recession of 2007/8 in the rear view mirror, don’t tell it to those workers who desire a full-time job and instead are forced to settle with measly part-time offerings (mostly courtesy of Obamacare). Because as the chart below shows, as of April 2015, the number of full-time jobs remained well below the pre-recession peak, which incidentally was hit on December 2007, the month the last recession officially started.




 


We bring this up because in April, while the establishment survey reported a number that was just below the consensus estimate (even if it revised the March number lower by 50%), the household survey painted a far less optimistic picture, with the number of part-time jobs surging by nearly half a million, the worst print since last June, while the number of full-time jobs tumbled by 252K, also the biggest drop in nearly a year.”


Read more:


http://www.zerohedge.com/news/2015-05-08/part-time-jobs-soar-437000-full-time-jobs-tumble-stay-firmly-under-pre-recession-hig


Why didn’t the News Record report that?


They do want for you to know the truth, right???


More lies from the government.


“OPA News Release


Five things you should know about the April employment numbers


WASHINGTON — With the release of the April 2015 Employment Situation Report today, U.S. Secretary of Labor Thomas E. Perez says there are five things you should know about the numbers:


    

  1. With 223,000 jobs added in April, private-sector employment has grown for 62 consecutive months — the longest streak on record — to the tune of 12.3 million jobs over that time.
    2. 

  2. The national unemployment rate fell to 5.4 percent in April, the lowest it’s been since May 2008.
    3. 

  3. The unemployment rate a year ago, in April 2014, was 6.2 percent. Since that time, the labor force participation rate has held steady, which means the decline in the unemployment rate has been due to people getting jobs.
    4. 

  4. Job growth last month was particularly strong in three sectors: construction, professional and business services, and education and health services. These are sectors that have historically provided good-paying middle-class jobs.”
    5. 



http://www.dol.gov/opa/media/press/opa/OPA20150840.htm


They must be referring to immigrants.


 


 


 

							

	
			

				
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						Posted in Associated press, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment					

								
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