Trump helps save 1000 Carrier jobs in Indiana

Already making America Great Again!

We are pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy. More details soon.

— Carrier (@Carrier) November 30, 2016

The robots are coming for your job...

Will human workers become obsolete? 

Via Business Insider:

There’s a BakeBot robot whipping up fresh cookies at MIT; hospitals are now employing medical robots to assist their doctors; and a robot named Baxter can beat any human at the popular logic game Connect Four, among many other tasks.
“Historically what we thought was that robots would do things that were the three D’s: dangerous, dirty, and dull,” explains Ryan Calo, professor at University of Washington School of Law with an expertise in robotics. “Over time, the range of things that robots can do has extended.”
Their abilities will only continue to expand. Ray Kurzweil, director of engineering at Google, anticipates that by 2029 robots will have reached human levels of intelligence.
Many people fear a jobless future — and their anxiety is not unwarranted: Gartner, an information technology research and advisory firm, predicts that one-third of jobs will be replaced by software, robots, and smart machines by 2025.
Artificial intelligence and robots are not just challenging blue-collar jobs; they are starting to take over white-collar professions as well. Financial and sports reporters, online marketers, surgeons, anesthesiologists, and financial analysts are already in danger of being replaced by robots. Keep on reading...

Change: In 20% of American families, no one has a job...

A lot of the people who have jobs make minimum wage.

Via CNS News:

(CNSNews.com) — In 19.9 percent of American families in 2014, according to data released by the Bureau of Labor Statistics (BLS), no one in the family worked.
A family, as defined by the BLS, is a “group of two or more persons residing together who are related by birth, marriage, or adoption. In 2014, there were 80,889,000 families in the United States, and in 16,057,000 of those families, or 19.9 percent, no one had a job.
The BLS designates a person as “employed” if “during the survey reference week” they “(a) did any work at all as paid employees; (b) worked in their own business, profession, or on their own farm; (c) or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family.”
Members of the 16,057,000 families in which no one held jobs could have been either unemployed or not in the labor force. The BLS designates a person as unemployed if they did not have a job but were actively seeking one. The BLS designates someone as not in the labor force, if they did not have a job and were not actively seeking one.
Keep on reading…

State Dept’s Marie Harf: Go After ‘Root Cause’ of ISIS 'Like Lack Of Jobs'

Lots of people are unemployed. It doesn't make them want to cut off infidels heads.

Via Right Scoop:

MATTHEWS: Are we killing enough of them?
HARF: We’re killing a lot of them and we’re going to keep killing more of them. So are the Egyptians, so are the Jordanians. They’re in this fight with us. But we cannot win this war by killing them. We cannot kill our way out of this war. We need in the medium to longer term to go after the root causes that leads people to join these groups, whether it’s lack of opportunity for jobs, whether —

MATTHEWS: We’re not going to be able to stop that in our lifetime or fifty lifetimes. There’s always going to be poor people. There’s always going to be poor muslims, and as long as there are poor Muslims, the trumpet’s blowing and they’ll join. We can’t stop that, can we?
HARF: We can work with countries around the world to help improve their governance. We can help them build their economies so they can have job opportunities for these people…

Shock Video: Hillary Clinton Says, "Don't Let Anybody Tell You That Its Corporations And Businesses That Create Jobs"

So, Hillary Clinton thinks the government is responsible for creating jobs? I think most Americans would strongly disagree.

Did you know the labor market is still contracting?

The key factor is the total number of hours worked, not the number with a part-time job.

Via The WSJ:

Job creation rose from an initial 113,000 in January (later revised to 129,000) to 175,000 in February. The January number frightened many, while the February number was cheered—even though it was below the prior 12-month average of 189,000.

The labor market's strength and economic activity are better measured by the number of total hours worked than by the number of people employed. An employer who replaces 100 40-hour-per-week workers with 120 20-hour-per-week workers is contracting, not expanding operations. The same is true at the national level.

The total hours worked per week is obtained by multiplying the reported average workweek hours by the number of workers employed. The decline in the average workweek for all employees on private nonfarm payrolls by 3/10ths of an hour—offset partially by the increase in the number of people working—means that real labor usage on net, taking into account hours worked, fell by the equivalent of 100,000 jobs since September.

WH thinks Obamacare causing over 2 million people to drop from the labor force is a good thing...

The CBO has a new report and the Obamacare effect on jobs is astounding.

The CBO report on Tuesday effectively found that more people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid. The workforce changes would mean nationwide losses equal to 2.3 million full-time jobs by 2021, the report said. 

Republicans are in "I told you so" mode. 

Republican lawmakers seized on the report as major new evidence of what they consider the failures of Obama's overhaul, the huge change in U.S. health coverage that they're trying to overturn and planning to use as a main argument against Democrats in November's midterm elections.
It's the latest indication that "the president's health care law is destroying full-time jobs," said Republican Rep. John Kline of Minnesota, chairman of the House Education and the Workforce Committee. "This fatally flawed health care scheme is wreaking havoc on working families nationwide," he said. 

The White House thinks having another 2.3 million quitting work and sucking on the government teat is a good thing. 

But the White House said the possible reduction would be due to voluntary steps by workers rather than businesses cutting jobs -- people having the freedom to retire early or spend more time as stay-at-home parents because they no longer had to depend only on their employers for health insurance.

The law means people "will be empowered to make choices about their own lives and livelihoods," said White House Press Secretary Jay Carney on Tuesday. 

I am astounded and demoralized anyone could think that way. Who wants to empower people to give up self sufficiency and embrace entitlements?

Obamacare will cut the numbers of hours worked by 1.5 to 2%...

Nancy Pelosi claimed Obamacare would create 400,000 instant jobs...

CNBC reported:

A historically high number of people will be locked out of the workforce by 2021, according to a report by the Congressional Budget Office released Tuesday.
President Barack Obama’s signature health-care law will contribute to this phenomenon, the CBO said, citing new estimates that the Affordable Care Act will cause a larger-than-expected reduction in working hours—eliminating the equivalent of about 2.3 million workers in 2021.
In 2011, the CBO estimated the law would cause a reduction of about 800,000 full-time equivalent workers.
“CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 to 2 percent during the period from 2017 to 2024, almost entirely because workers will choose to supply less labor—given the new taxes and other incentives they will face and the financial benefits some will receive,” said the report.

Fry cook tells Obama he was cut to part-time because of Obamacare...

The Fry cook also complains he makes minimum wage and has been on strike 4 times to get a union. Since he still makes minimum wage, I guess that isn't working out for him. Obama ignores the comment about "broken down to part time to avoid paying healthcare" and spouts his talking points.

Stupid Tweet of the Week: MSNBC Touré, ‘jobs’ is an ineffective anti poverty program.”

Many in poverty are working poor w two jobs. So "jobs" is an ineffective anti poverty program.
— Touré (@Toure) January 14, 2014

Was the Census jobs report faked before the 2012 presidential election?

Hmm...

Via The NY Post:

In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.
The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.
And the Census Bureau, which does the unemployment survey, knew it.
Just two years before the presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report, which is one of the most closely watched measures of the economy.
And a knowledgeable source says the deception went beyond that one employee — that it escalated at the time President Obama was seeking reelection in 2012 and continues today.

Change: David's Bridal slashes all employees to part time w/o health insurance...

@megynkelly David's Bridal just cut a bunch of employees down to 30 hours a week & no healthcare. My daughter's one, so hits home now!
— Joanie B. (@Joaniecoolcat) November 4, 2013

I feel sorry for the ones who didn't vote for Obama. The Obama voters are getting what they deserve.

Via The Daily Caller:

A memo reportedly went out Monday from the corporate offices of David’s Bridal to store managers informing them that all employees have been moved from full-time to part-time as a result of Obamacare.
The memo’s existence, first reported by the Weasel Zippers blog, was confirmed to The Daily Caller by 5 David’s Bridal employees, all reached at separate locations by phone. Store managers have been specifically forbidden from discussing the contents of the memo, referring questions about the memo to the David’s Bridal corporate office.

Shocking statistic: Two people added to food stamp rolls for every new job created under President Obama...

The sad part is I doubt Obama is even ashamed of this statistic.

Via CNS:

White House Press Secretary Jay Carney said yesterday that the Obama administration has pulled the nation from the depths of the "Great Recession" with the creation of 7.2 million private sector jobs.

"And what is absolutely true is that we have come a long way since the depths of the Great Recession. We've created over 7.2 million private sector jobs," Carney told reporters at a press briefing.

Here's what Mr. Carney didn't say:

Since February of 2009, the first full month of Obama's presidency, 9.5 million Americans have dropped out of the labor force. Nearly 90 million Americans are not working today!

That means that 1.3 Americans have dropped out of the labor force for every one job the administration claims to have created.

There are 15 million more Americans on food stamps today than when Obama assumed office.

Obamanomics: More Americans being forced into part-time jobs...

The June Jobs' Report found only 47% of Americans have a full-time job.

Via Breitbart:

The release of the June Jobs' Report Friday was something of a relief for the markets. The Labor Department reported that the economy gained 195,000 jobs in June, which beat economists' expectations. The Department also reported that the economy gained 70,000 more jobs in April and May than it originally estimated. The report, however, also provides clear evidence that the the nation is splitting into two; only 47% of Americans have a full-time job and those who don't are finding it increasingly out of reach.

Of the 144 million Americans employed last month, only 116 million were working full-time. Friday's report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.

Gallop Poll: 40% of small businesses say that Obamacare has caused them to freeze hiring

Since most new jobs are created by small businesses, this is going to crate the job market later this year.

Via TWS:

A new Gallup poll of small-business owners indicates that Obamacare is having a dramatic and deleterious effect on Americans’ employment prospects.  More than 40 percent of small-business owners say that Obamacare has caused them to freeze hiring, while nearly a fifth say that it has caused them to cut existing workers.  According to the poll, 41 percent of small-business owners have frozen hiring, while 19 percent have “reduced the number of employees [they] have in [their] business as a specific result of the Affordable Care Act [Obamacare]” (italics added).

The Gallup poll was commissioned by Littler Mendelson, a firm specializing in employment law.  Steven Friedman, an attorney for the firm, said of the results, “We were startled.”  He added that these are “some pretty startling answers.”

Regal Entertainment Group cuts workers hours because of Obamacare...

Barack Obama has achieved two objectives at once with Obamacare.  More people will have insurance and receive food stamps...

Via FOX News:

The nation's largest movie theater chain has cut the hours of thousands of employees, saying in a company memo that ObamaCare requirements are to blame.

Regal Entertainment Group, which operates more than 500 theaters in 38 states, last month rolled back shifts for non-salaried workers to 30 hours per week, putting them under the threshold at which employers are required to provide health insurance. The Nashville-based company said in a letter to managers that the move was a direct result of ObamaCare.

“In addition, some managers have requested guidance on what they should tell those employees negatively impacted and, at your discretion, we suggest the following,” read the memo obtained by FoxNews.com. “To comply with the Affordable Care Act, Regal had to increase our health care budget to cover those newly deemed eligible based on the law's definition of a full-time employee.”

Read more here...

Chart of the Day: NFIB Hiring Expectations (Spoiler: It's not good)

It's zero. Obamanomics strikes again...


National Federation of Independent Businesses (NFIB) Hiring Expectations

Obamacare to cost small businesses 3.2 million full-time jobs

Well, now we know part of what's in it....Job losses...

Via The Examiner:

Over one-third of the 9.1 million full-time jobs among America's diverse business franchises could be cut back or eliminated by Obamacare as small businesses struggle to maintain profitability while coughing up money to pay for Washington-mandated health care coverage, according to the International Franchise Association.

The threat of hitting 3.2 million full-time workers as the Affordable Care Act takes effect next year is prompting the owners of fast food restaurants, service companies and other franchises to urge Congress to make significant changes in Obamacare.

To help their cause, the association on Friday released a new state-by-state breakdown on the potential impact on jobs in the bull's eye of Obamacare, which declares that a 30-hour week is full-time, not the industry accepted 40 hours. That 10-hour difference has thousands of franchise owners scrambling to either fund healthcare for those working 30 hours, or cut hours back to below 30 hours. Keep on reading...

BTW, Democrats claimed Obamacare would create jobs...

Consequences: Gun manufacturer Beretta may leave Maryland over gun laws...

Texas is gun friendly...

Via WaPo:

On the production floor of Beretta USA sits a hulking new barrel-making machine ready to churn out the next object of obsession in America’s love-hate relationship with guns: a civilian version of a machine gun designed for special operations forces and popularized in the video game Call of Duty.

Beretta, the nearly 500-year-old family-owned company that made one of James Bond’s firearms, has already invested more than $1 million in the machine and has planned to expand its plant further in Prince George’s County to ramp up production.

But under an assault-weapons ban that advanced late last week in the Maryland General Assembly, experts say the gun would be illegal in the state where it is produced.

Now Beretta is weighing whether the rifle line, and perhaps the company itself, should stay in a place increasingly hostile toward its products. Its iconic 9mm pistol — carried by every U.S. soldier and scores of police departments — would also be banned with its high capacity, 13-bullet magazine.

“Why expand in a place where the people who built the gun couldn’t buy it?” said Jeffrey Reh, general counsel for Beretta.

Concern that the company will leave, and take its 300 jobs with it, is palpable among state lawmakers who worry it could be collateral damage from Gov. Martin O’Malley’s proposed gun-control bill.

Obama Statistics: 841,000 jobs, 17.3 million new food stamps and disability recipients

Change...

Via Zero Hedge:

. . .Since his inauguration, the US has generated just 841,000 jobs through November 2012, a number is more than dwarfed by the 17.3 million new foodstamps and disability recipients added to the rolls in the past 4 years. And since the start of the depression in December 2007, America has seen those on foodstamps and disability increase by 21.8 million, while losing 3.6 million jobs. End result: total number of foodstamp recipients as of November: 47.7 million, an increase of 141,000 from the prior month, and reversing the brief downturn in October, while total US households on foodstamps just hit an all time record of 23,017,768, an increase of 73,952 from the prior month. The cost to the government to keep these 23 million households content and not rising up? $281.21 per month per household.