Tag: American Jobs

Commentary: The Intellectual Foundations of MAGA

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Republicans are dumb. They are easily led suckers, voting against their own best interests, manipulated by dangerous demagogues. This accusation is accepted as fact by most Democrat voters and is relentlessly reinforced by the media Democrats rely on. From MSNBC, Democratic strategist James Carville says Republicans “have a lot of stupid people that vote in their primaries.”  From New York Magazine, “Is DeSantis Just Not Dumb Enough for Republicans?” From Vanity Fair, “Is the Sheer Stupidity of Republican Politics Breaking Through?”

Even some conservative columnists can’t criticize the Democrats without taking a shot at those stupid Republicans. Daniel Henninger, writing for the Wall Street Journal, characterized national politics this year as “The Stupid Party vs. the Evil Party.” As for the leader of the Republican Party, we have this from The New Republic, “Trump Is an Extremely Dumb Fascist.” And as James Carville said, “When stupid people vote, you know who they nominate? Other stupid people.”

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Oil Industry Report Warns of Massive Job Losses from Biden’s Anti-Drilling Agenda

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The Biden administration’s failure to pursue a plan for offshore oil and gas leasing will have long-term impacts on American jobs, gross domestic product (GDP) and energy security, an industry report found.

American oil production would decline by roughly 500,000 barrels per day and at least 57,000 energy industry jobs would be lost if the administration declined to issue a five-year leasing plan by July, according to a report published Tuesday by the American Petroleum Institute (API) and National Ocean Industries Association (NOIA). U.S. GDP would decline $5 billion per year under the projection, the study further showed.

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Commentary: Shifting Natural Gas and Oil Jobs to the Renewables Sector Isn’t So Simple

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Within hours of taking office on January 20, 2021, President Joe Biden signed an executive order cancelling the cross-border permit for the Keystone XL pipeline as part of a plan to phase out natural gas and oil, eliminating thousands of family-sustaining jobs. At the same time, the Biden administration promised plenty of “good-paying” positions would be available in the renewable energy sector.

But the reality is that natural gas and oil jobs don’t easily transfer to the renewables sector, as a new analysis by Cicero, in coordination with North America’s Building Trades Unions (NABTU) and American Petroleum Institute (API), shows.

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Jobs Report Beats Expectations Despite Surging Omicron Cases

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The U.S. economy recorded an increase of 467,000 jobs in January while unemployment increased to 4.0%, the U.S. Bureau of Labor Statistics (BLS) announced Friday.

Total non-farm payroll employment increased to 467,00 in January, according to the BLS, and the number of unemployed Americans increased to 6.5 million. Economists surveyed by The Wall Street Journal projected the economy to have added 150,000 jobs in January and unemployment to have fallen to 3.9%.

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Far More Available Jobs Than Workers as Millions Resign

The Center Square

There are 10.4 million job openings in the U.S., the Department of Labor said Friday, a figure that’s well above the number of unemployed Americans.

“Job openings increased in health care and social assistance (+141,000); state and local government, excluding education (+114,000); wholesale trade (+51,000); and information (+51,000),” the Bureau of Labor Statistics said. “Job openings decreased in state and local government education (-114,000); other services (-104,000); real estate and rental and leasing (-65,000); and educational services (-45,000).”

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Coronavirus Is Fading as the Top Issue on Americans’ Minds, Polls Show

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COVID-19 is taking a back seat when it comes to the economy, education and more, recent polls show.

In a new Reuters/Ipsos poll, only about 12% of American adults surveyed said they would list public health issues, which include COVID-19, as a top priority, below economic issues like the job market and inflation. The poll also showed 73% of respondents saying political leaders should focus on growing jobs and the economy and two-thirds of voters, including a majority of both Republicans and Democrats, agreeing that “inflation is a very big concern for me.”

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Biden Bashed for Action That Could Ban Minnesota Mining Project

The Center Square

President Joe Biden’s administration wants to lead an electric vehicle (EV) revolution, but apparently doesn’t want domestic production of rare earth minerals vital to EVs.

The Biden administration announced a two-year study on a proposed Twin Metals copper-nickel mine in northeast Minnesota that could delay it for 20 years and stop one of the few planned copper-nickel mines in the nation while the U.S attempts to pivot to EVs from gasoline-powered internal combustion vehicles.

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Economic Recovery Slows, U.S. Adds Just 245,000 Jobs in November

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The U.S. economy added 245,000 jobs in November, far below economists’ expectations, while unemployment fell to 6.7%, according to Department of Labor data released Friday.

Total non-farm payroll employment rose by 245,000 in November, according to the Bureau of Labor Statistics report, and the number of unemployed persons fell by 400,000 to 10.7 million. The U.S. added 638,000 jobs in October while the unemployment rate dropped to 6.9%.

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One of Biden’s First Admin Hires Helped Push Through China Trade Bill That Caused ‘Sharp Drop’ in U.S. Jobs

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One of the first officials President-elect Joe Biden picked to serve in his White House helped spearhead efforts two decades ago to normalize trade relations with China, a move which studies have found led to the loss of millions of manufacturing jobs in the U.S.

Steve Ricchetti will serve as counselor to Biden, the transition team announced on Tuesday. Ricchetti was chief of staff to then-Vice President Biden during the Obama administration, and was deputy chief of staff to President Bill Clinton.

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US Adds Robust 263K Jobs, Unemployment at 49-Year Low

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  U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop partly reflected an increase in the number of Americans who stopped looking for work. Average hourly pay rose 3.2% from 12 months earlier, a healthy increase though unchanged from the previous month. Friday’s jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy’s recovery from the Great Recession. The economic expansion is set to become the longest in history in July. Many businesses say they are struggling to find workers. Some have taken a range of steps to fill jobs, including training more entry-level workers, loosening educational requirements and raising pay. The brightening picture represents a sharp improvement from the start of the year. At the time, the government was enduring a partial shutdown, the stock market had plunged, trade tensions between the United States and China were flaring and the Federal Reserve had just raised short-term interest rates in December for a…

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GM Announces Jobs, Electric Vehicle After Trump Criticism

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Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The company says it will spend $300 million at its plant in Orion Township, Michigan, to manufacture a Chevrolet vehicle based on the battery-powered Bolt. GM wouldn’t say when the new workers will start or when the new vehicle will go on sale, nor would it say if the workers will be new hires or come from a pool of laid-off workers from the planned closings of four U.S. factories by January. The company also announced plans Friday to spend about another $1.4 billion at U.S. factories with 300 more jobs but did not release a time frame or details. The moves come after last weekend’s string of venomous tweets by President Donald Trump condemning GM for shutting its small-car factory in Lordstown, Ohio, east of Cleveland. During the weekend, Trump demanded that GM reopen the plant or sell it, criticized the local union leader and expressed frustration with CEO Mary Barra. GM spokesman Dan Flores would not answer questions about…

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Automation, Artificial Intelligence May Replace Chefs, Truck Drivers

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Robots aren’t replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report. The report, published Thursday, says roughly 36 million Americans hold jobs with “high exposure” to automation — meaning at least 70 percent of their tasks could soon be performed by machines using current technology. Among those most likely to be affected are cooks, waiters and others in food services; short-haul truck drivers; and clerical office workers. “That population is going to need to upskill, reskill or change jobs fast,” said Mark Muro, a senior fellow at Brookings and lead author of the report. Muro said the timeline for the changes could be “a few years or it could be two decades.” But it’s likely that automation will happen more swiftly during the next economic downturn. Businesses are typically eager to implement cost-cutting technology as they lay off workers. Some economic studies have found similar shifts toward automating production happened in the early part of previous recessions — and may have contributed to the “jobless recovery” that followed the 2008 financial crisis. But with new advances in artificial intelligence, it’s not…

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