President Biden traveled to Wisconsin on Wednesday where he touted his record on the economy and job creation while mocking former President Donald Trump‘s failure to come through with a highly touted tech campus in the region. Mr. Biden spoke in Racine, Wisconsin, where he highlighted his administration’s role in building a $3.3 billion Microsoft […]
The Labor Department released its April jobs report on Friday, and the news wasn’t good for President Joe Biden’s economy. After a number of months of relatively positive news, the new data showed that the labor market may be cooling off. That could be good news for U.S. inflation — if the trends continue — […]
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high interest rates may be starting to take a bigger toll on the world’s largest economy. Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase […]
The leftist legislators in California have done it again, making things more difficult for the very low-income people they claimed to be helping, this time with a law that is throwing thousands of minimum wage earners out of their jobs. As Ronald Reagan used to say, the scariest words in the English language are “I’m […]
For everyone who’s looked for a job – and I think this includes all of us over a certain age who aren’t already covered by legacy money – it’s safe to say nobody ever thought they were entitled to a situation just because an elected official claimed to have created one for them. Most, if […]
Greetings West Coast, Messed Coast™ readers! This week, your humble correspondent has witnessed another tranche of elitist Democrats ruin the lives of thousands of people and pretend everything’s fine. In California, Democrats forced a 25% pay increase for fast food workers and workers learned the hard way about being […]
Stocks rose on Wall Street and Treasury yields climbed Friday following a hot U.S. jobs report. The S&P 500 rose 0.9%, trimming some of its losses for the week and moving closer to its record high set last week. The Dow Jones Industrial Average gained 279 points, or 0.7% as of 2:51 p.m. Eastern. The […]
Statistics are great–no matter what they say, they are easy to manipulate to create whatever impression you want. Case in point: today’s unemployment numbers from the federal government. On the surface the jobs numbers released by the Bureau of Labor Statistics looked fantastic. Jobs jumped by 330,000. That’s almost enough to keep up with the […]
WASHINGTON (AP) — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates. Last month’s job growth was up from a revised 270,000 in February and was […]
BUENOS AIRES, Argentina — Argentina said Wednesday that it had cut 15,000 state jobs as part of President Javier Milei’s aggressive campaign to slash spending, the latest in a series of painful economic measures that have put the libertarian government on a collision course with angry protesters and powerful trade unions. Presidential spokesperson Manuel Adorni […]
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