In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

Wh3

Jobless claims stubbornly steady at 1.5 million

Trump is running out of time for the “V-shaped” recovery to begin. According to the Wall Street Journal: The number of workers seeking jobless benefits was steady at a historically high 1.5 million as the job market’s slow recovery faced new infections that could impede getting people back to work. Applications for unemployment benefits have slowly eased from a late March peak of nearly 7

Read More »

Video || Trump: Jobs Report Shows “We’re Opening with a Bang”

The May jobs report came in much better than expected Friday, with the unemployment rate actually dipping from 14.7% to 13.3%, with 2.5 million jobs gained. Analysts had expected 8 million jobs lost and an unemployment rate on the order of 20%. Which says a lot about the “science” of economics. Trump immediately scheduled a Rose Garden press conference to tout the gains.

Read More »

Trump Can’t Lose This Week: Employers Add 225K jobs

Wednesday and Thursday, even the liberal press was saying this was the best week of Donald Trump’s presidency. And then the Labor Department announced that the economy had added 225,000 jobs. The unemployment rate went up from an insanely low 3.5 percent to 3.6 percent. But that’s actually a good thing, because it is the result of more people deciding not to give up and

Read More »

Job Growth Slows to 130,000 in August, But It’s Hardly a Disaster

CNN and MSNBC will be talking all day, when they take a break from discussing Trump’s Alabama hurricane forecast, about how the new jobs report is a catastrophe and shows a weakening economy and the China trade war is terrible and Trump now may not get reelected, and so on. Well, the economy added 130,000 jobs. That’s not a fantastic number, and it’s far less

Read More »

Biggest Jump in Wages Since 2009

Barack Obama and his White House used to brag about the modest employment gains that occurred after he finally started dragging us out of the recession. But Obama was creating what Democrats used to derisively refer to as “McJobs,” low paying and part-time employment that kept the country miserable as the economy expanded at a glacially slow pace. Now we have an economy growing at

Read More »

Unemployment Rate Drops to 3.7 Percent

In collatch, they learned me that “full employment” was about 4.5 percent. But they didn’t know about Trump full employment, which is at 3.7 percent or lower. That’s what the rate was in September. I know – let’s impeach him. That will get the unemployment rate back up! From the Wall Street Journal: The unemployment rate fell to 3.7% from 3.9% in August, the lowest

Read More »

Job Openings Hit a Record High in April

The number of job openings in the country reached 6.7 million in April, a record for the 18 years the Department of Labor has been keeping score. That’s an increase from appoximately 5.46 million openings when President Trump took office. Many of the current openings are in the supposedly moribund manufacturing sector, which Trump had pledged to revive. According to MarketWatch: There were more openings

Read More »

Trump Keeps Promise as Manufacturing Jobs Soar

They said it couldn’t be done. They said we don’t make things in America anymore, because the Chinese will do it at slave labor rates. I mean, you don’t want your iPhone to cost more than $1,000, do you? Make ’em work! People said we’d have to move into hi-tech “sunrise” industries that would require everyone to get a college education – and of course,

Read More »

Manufacturing Strong as Unemployment Rate Falls to 3.9 Percent

The unemployment rate fell to 3.9 percent in April, a drop of two-tenths of a percent and the lowest level since 2000, the Labor Department reported Friday morning. Among the jobs added were 24,000 by manufacturers, a level consistent with previous months – and also consistent with President Trump’s pledge to his voter base to bring back the beleaguered sector. The economy had generated 245,000

Read More »

Jobless Claims at Lowest Rate in 45 Years

You won’t be hearing much about this in the mainstream media. You will be hearing a lot about Stormy Daniels. From the Washington Examiner: The past two weeks’ very low readings drove the monthly average for claims down to 221,500. That’s the lowest since early 1973. Then, during Richard Nixon’s presidency, the labor force was about half the size it is today. Low new claims

Read More »

Economy Added 313,000 Jobs in February

Well, I guess the MSM will have to report on this, and then it’s back to “Chaos in the White House” and “Mueller focuses on chance encounter at vending machine.” Note below in this report from the Wall Street Journal – which I don’t count as traditional, reflexibly anti-Trump MSM – that Americans are reentering the workforce, something we often didn’t see during the Obama years:

Read More »