SATURDAY, APRIL 2 2016
And Whether Your Audience Would Ever Know The Difference
Whistleblower Senior Business Editor Merrill Forbes says Friday, the U.S. Labor Department said the U.S. unemployment rate edged up to 5.0 percent from an eight-year low of 4.9% (The jobless rate increased as more people continued to enter or re-enter the labor market, a sign of confidence in the job market.)
Obama Supporters in the Press were spinning furiously about how the latest economic data released showed that Obama continues to smash records by presiding over a 73 straight month of private sector job growth.
What’s really going on? It’s hard to say for sure, but circumstantial evidence in the latest U.S. jobs report suggests many of these newly employed workers have found part-time work with mediocre pay. The participation rate hit a two-year high of 63% in March, climbing from a 38-year low of 62.4% in September, the government said Friday. A person is considered part of the labor force if he finds or job or is actively searching for one.
The United States lost 29,000 manufacturing jobs in March while gaining jobs in retail trade, food services, and drinking establishments, where both pay and the number of hours employees work lags behind the national average.
The number of Americans not participating in the workforce in March may have dipped again compared to the previous month, but it was still higher than it was a year ago. The Bureau of Labor Statistics reports that 93,482,000 Americans were neither employed nor had made an effort to find employment in March.
What’s keeping you up at night? It could be work worries. Fully 44% of American workers say they have lost sleep because they were worrying about work.
The number of foreign-born people employed in the United States hit a record high in March. According to the BLS, 25,741,000 foreign-born people had a job in the U.S. last month, an increase of 246,000 over the previous high recorded in November.
Anyone wondering why so many white, middle-aged men are drawn to anti-establishment rhetoric of the Donald Trump variety should take a look at the latest jobs report: They’re still having a hard time getting back to work. By some measures, though, people in their prime working years have a long way to go to recoup the losses of the 2007-09 recession — and white men are further behind than most.
The malaise goes far beyond the political. Most of the prime-age jobless don’t show up in the unemployment numbers because they aren’t actively looking for work — and in many cases are already on disability. If they don’t get back into the labor force, their absence could permanently impair the economy’s capacity to grow.
So why doesn’t anybody in the Liberal News Media besides The Blower try to explain this every month when the Bureau of Labor Statistics are released? Probably because they don’t want you to know the truth, and all those Dumbed-Down, Self-Absorbed, Media-Influenced, Celebrity-Obsessed, Politically-Correct, Uninformed, Short-Attention-Span, Free-Stuff Grabbing, Low-Information Obama Supporters Who Put The Positively Worst President in History In The White House—Twice, and get all of their information from our Obama Supporters in the Press, like the ones on Channel 5, must really prefer being lied to.
