And....the explanation is the same as is always the case with Leftist ideology:
The Left does not value prosperity....it values equality.
Now....equality is a good thing, but it must be earned, not awarded.
1. "This is an anti-business administration. It won't sign off on the Keystone pipeline. Its centerpiece policy, Obamacare, penalizes the 50th worker for the 30th hour worked, with huge mandated cost increases and/or tax hikes. Who's going to make a long-term investment with that hanging over their heads?
a..... the British corporate tax rate is heading for 20 percent while the combined U.S. federal-state corporate tax is 40 percent.
2. ....the April employment survey was a lot stronger than virtually anyone expected. Nonfarm payrolls surged by 288,000. Private payrolls gained 273,000. The unemployment rate registered a big decline, dropping from 6.7 percent to 6.3 percent.
3. Over the past three years, monthly payrolls have averaged 187,000. With the April report, the establishment survey's trend has moved back to 197,000 a month.
If this were a truly strong and durable recovery, we'd be seeing monthly job gains closer to 300,000.
4.... important glitches continue to plague the employment situation. Wages were flat in April and average hourly earnings have increased only 1.9 percent over the past year. Aggregate hours worked gained only 2.4 percent.
5. ....there are still far too many people not working. The labor force participation rate actually fell from 63.2 percent to 62.8 percent for April. It's the same bad sign that has plagued the duration of this recovery.....one of the big wage and jobs problems is "low employment ratios for prime age workers," adding that "the employment/population ratio for the 25 to 54 segment remains more than 3 percentage points below pre-crisis levels."
6. ....too many part-time workers, long-term unemployed, and labor-market dropouts to validate the significance of a 6.3 percent unemployment rate."
- Game-Changer Jobs Report?
7. "....this is what people feel when they’re looking for a job or asking for a raise – these “stellar” figures depict a job market that is only a little better than at the worst moment of the Great Recession.
8. On its population clock, the Census Bureau estimates that the US population on August 5, 2016, at 4:49 p.m. ET (yup, down to the minute) was 324.17 million.
That’s up from 308.76 million in April 2010. Since the darkest days of the Great Recession, the US population has grown by 15.4 million.
9. On average, 205,300 jobs need to be created every month just to keep up with population growth and not allow the unemployment situation to get worse."
The job market isn't getting any better
"....monthly payrolls have averaged 187,000. With the April report, the establishment survey's trend has moved back to 197,000 a month.
10. . "Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009"
Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009
Obama: the worst economic steward in modern times.
The Left does not value prosperity....it values equality.
Now....equality is a good thing, but it must be earned, not awarded.
1. "This is an anti-business administration. It won't sign off on the Keystone pipeline. Its centerpiece policy, Obamacare, penalizes the 50th worker for the 30th hour worked, with huge mandated cost increases and/or tax hikes. Who's going to make a long-term investment with that hanging over their heads?
a..... the British corporate tax rate is heading for 20 percent while the combined U.S. federal-state corporate tax is 40 percent.
2. ....the April employment survey was a lot stronger than virtually anyone expected. Nonfarm payrolls surged by 288,000. Private payrolls gained 273,000. The unemployment rate registered a big decline, dropping from 6.7 percent to 6.3 percent.
3. Over the past three years, monthly payrolls have averaged 187,000. With the April report, the establishment survey's trend has moved back to 197,000 a month.
If this were a truly strong and durable recovery, we'd be seeing monthly job gains closer to 300,000.
4.... important glitches continue to plague the employment situation. Wages were flat in April and average hourly earnings have increased only 1.9 percent over the past year. Aggregate hours worked gained only 2.4 percent.
5. ....there are still far too many people not working. The labor force participation rate actually fell from 63.2 percent to 62.8 percent for April. It's the same bad sign that has plagued the duration of this recovery.....one of the big wage and jobs problems is "low employment ratios for prime age workers," adding that "the employment/population ratio for the 25 to 54 segment remains more than 3 percentage points below pre-crisis levels."
6. ....too many part-time workers, long-term unemployed, and labor-market dropouts to validate the significance of a 6.3 percent unemployment rate."
- Game-Changer Jobs Report?
7. "....this is what people feel when they’re looking for a job or asking for a raise – these “stellar” figures depict a job market that is only a little better than at the worst moment of the Great Recession.
8. On its population clock, the Census Bureau estimates that the US population on August 5, 2016, at 4:49 p.m. ET (yup, down to the minute) was 324.17 million.
That’s up from 308.76 million in April 2010. Since the darkest days of the Great Recession, the US population has grown by 15.4 million.
9. On average, 205,300 jobs need to be created every month just to keep up with population growth and not allow the unemployment situation to get worse."
The job market isn't getting any better
"....monthly payrolls have averaged 187,000. With the April report, the establishment survey's trend has moved back to 197,000 a month.
10. . "Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009"
Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009
Obama: the worst economic steward in modern times.
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