Part-Time Employment Surges for Another Month While Full-Time Falters

Driver Uber

The number of Americans working part-time jobs surged in March, while full-time jobs declined slightly, according to data from the Bureau of Labor Statistics (BLS) released Friday.

There were 28,632,000 people with part-time jobs in March, 691,000 more than in February, when there were 27,941,000, according to the BLS. In that same period, the number of people employed in full-time positions dropped by 6,000, from 132,946,000 to 132,940,000.

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Increased Crime Cutting into Small-Business Earnings, Survey of Owners Finds

Business Owner

One-third of small-business owners say increased crime is cutting into their earnings, and 7 in 10 grade President Joe Biden’s performance negatively in terms of helping small businesses, a new poll finds.

Pollsters John McLaughlin and Scott Rasmussen conducted the survey, along with the Job Creators Network Foundation in March, among 400 small-business owners. When asked about their sentiments regarding the state of the economy, 46% of small-business owners said the economy is getting worse, while just 27% said it’s getting better.

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Virginia A.G. Miyares Celebrates Victory as SEC Halts Biden Climate Change Mandate

Virginia Attorney General Jason Miyares

Virginia Attorney General Jason Miyares celebrated a victory on Friday after the U.S. Securities and Exchange Commission (SEC) halted the enforcement of its new climate changes rules for publicly traded businesses that were imposed by the Biden administration.

The coalition of 25 attorneys general originally sued the Biden administration to block SEC rule changes that require publicly listed businesses report what the government considers climate change risks. A press release from the attorney general notes companies would be forced to “release a plan to adapt to climate agenda recommendations” under the proposed rules.

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Commentary: Job Program for Americans-No Jobs for Illegal Aliens, Period

Illegal migrants at border

I am weary of hearing the trope that we need more illegal aliens because “Americans won’t work those jobs.” My bet is that most Americans share this sentiment as well.

Amidst a myriad of concerns about illegal immigration, one prominent worry among Americans is the potential adverse effects on the U.S. workforce. There is apprehension that undocumented migrants could potentially displace native-born workers, leading to job loss and further exacerbating the nation’s tax burden. The media and the left love to dismiss such considerations as fearful, xenophobic, and bigoted, arguing instead that alien workers fill a vital gap in the American workforce. But these concerns, nevertheless, are valid.

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Study Grades Natural Gas as Best Source for Reliability, Affordability and Environmental Impact

Natural Gas Pawer Plant

A new study finds that natural gas is the most effective energy source meeting growing energy demands affordably and reliably, while balancing environmental and human impact.

The “Grading the Grid” study by the Mackinac Center for Public Policy, a pro-free market nonprofit, and Northwood University rates natural gas, coal, petroleum, nuclear, hydroelectric, wind, solar and geothermal generation sources on their reliability, environmental and human impact, cost, innovation and market feasibility.

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Americans Skipping Meals to Afford Housing Under Biden: Poll

Mom and Kids eating

A major real estate company released a survey on Friday which found that renters and homeowners are significantly reducing their quality of life to afford housing under President Joe Biden.

Nearly one in five homeowners and renters reported skipping meals to afford housing in Biden’s economy, according to a new survey conducted by Redfin. The median asking rental price increased from less than $1,700 when Biden took office in January 2021 to nearly $2,000 as of February, according to Redfin’s data.

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Job Market Continues Hot Streak Despite Persistent Layoffs

Job Interview

The U.S. added 303,000 nonfarm payroll jobs in March as the unemployment rate ticked down to 3.8%, according to Bureau of Labor Statistics (BLS) data released Friday.

Economists anticipated that the country would add 200,000 jobs in March compared to the 275,000 jobs that were added in initial estimates for February, and that the unemployment rate would remain unchanged at 3.9%, according to Reuters. The job gains are in spite of persistent layoffs that reached a 14-month peak in March at 90,309.

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Ford Delays Production of New Electric Truck to Be Manufactured at BlueOval City

Ford announced Thursday that it is delaying the rollout of two new all-electric vehicle models. Once the facility is operational, one of them will be manufactured at BlueOval City at the Memphis Regional Megasite in West Tennessee.

The company said it plans to begin customer deliveries of its new all-electric pickup truck model made at BlueOval City in 2026 – one year after the original anticipated delivery date.

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Layoffs Surge to 14-Month High as Inflation Crushes Employers

Stressed woman looking at computer

The number of people laid off from American companies reached the highest point since January 2023, according to data from outplacement firm Challenger, Gray & Christmas, Inc.

American employers cut 90,309 employees in March, 7 percent higher than the 84,638 employees laid off in February and higher than the 82,307 positions cut in January, according to a report from Challenger, Gray & Christmas, Inc. The layoffs are in contrast to seemingly strong job gains, which totaled 275,000 in February, while the unemployment rate ticked up to 3.9 percent.

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Commentary: The Unattainable American Dream

American flag waving in front of house

Get married, have children, buy a house, and live comfortably on a single income. Not very long ago, that path was the reality, the norm, for the great American middle class.

But America has gone backward in this regard, and struggling citizens know it all too well. Experiencing the kinds of lives enjoyed by our parents and grandparents has become impossible for most Americans, leading to widespread disenchantment and a palpable loss of patriotism and confidence in America.

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Electric Vehicle Market Share Plummets in First Quarter as Consumers Sour

Tesla Showroom

Growth in sales for electric vehicles (EV) slowed in the first quarter of the year as consumers remained wary of the product even though growth in sales of new vehicles remained strong, leading to a drop in EV market share, according to The Associated Press.

Sales for new vehicles grew 5 percent in the first three months of the year, but EV sales grew only 2.7 percent as more consumers chose traditional vehicles due to cost and product concerns, according to the AP. The average sales price declined 3.6 percent year-over-year to $44,186 in March as dealers looked to offload built-up inventory.

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Gas Prices Creeping Higher Again as Election Cycle Heats Up

Pumping Gas

The national average cost of a gallon of gas at the pump jumped by 20 cents over the past month, according to AAA.

Currently, Americans are paying about $3.55 per gallon on average, up from about $3.35 a month ago, according to AAA’s data. Goldman Sachs, one of the largest financial institutions in the U.S., has recently cautioned that prices could surge above $4 per gallon by May, according to Yahoo Finance.

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Biden Admin Threw Billions at EV Charging Stations, But Only a Handful Have Been Built

Electric Vehicle charging station

The Biden administration’s well-funded push to build out a national network of electric vehicle (EV) chargers has so far resulted in only a handful of installations, according to The Washington Post.

The bipartisan infrastructure bill of 2021 allotted $7.5 billion to subsidize thousands of EV chargers to help the administration’s goal of having EVs constitute 50 percent of all new cars sold in 2030, but only seven stations in total have been built in four states to date, according to the Post. The slow rollout of the EV charger funding is unfolding as the Biden administration has recently issued stringent emissions standards for light-, medium- and heavy-duty vehicles that will result in significant increases of EV sales for all three classes of vehicle.

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Ohio’s Tornado-Ravaged Counties Await Federal Disaster Declaration

Ohio Gov Mike DeWine surveys tornado damage

State and federal officials are awaiting President Joe Biden’s disaster declaration to help recovery from tornadoes and severe storms that impacted 11 counties in mid-March.

Gov. Mike DeWine, along with Democratic Sen. Sherrod Brown and Republican Sen. J.D. Vance, wrote asking for a FEMA presidential disaster declaration to open federal aid for those impacted not already reimbursed by other government programs or private insurance.

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California Fast Food Workers Face Layoffs as State’s $20 Minimum Wage Goes into Effect

Auntie Anne's employees

All fast-food employees, regardless of age, will see a $20 an hour minimum wage in California, while the federal minimum wage is between $4.25 and $7.25, depending on age and length of time working.

California fast-food chains are laying off workers, raising prices and deciding against opening new stores as the state implements a minimum wage that is more than 175 percent higher than that required by the federal government.

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Home Cost Increases Doubling Those of Americans’ Incomes

Home for Sale

The current cost of a median-priced home has now reached a rate of increase that is twice as high as the increase in the average American household income.

As the Daily Caller reports, the median monthly home payment for the month of February was $2,838, a 12% year-over-year increase. Meanwhile, the median household income is currently at $84,072, an increase of just 6% compared to last year. While the average income rate has roughly been on par with the cost of a new home for the last decade, the drastic change began in early 2022, when the average household income needed for a new home hit its current median of $113,520 a year.

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Nashville Mayor Freddie O’Connell Claims Transit Referendum Will Include Plans for 600 New Traffic Signals

Freddie O'Connell

Nashville Mayor Freddie O’Connell claimed on Thursday that his transit referendum will include plans for approximately 600 new traffic signals, and that new technology will be used to streamline the flow of vehicle traffic in the Music City.

O’Connell addressed Nashville drivers in a series of posts to the social media platform X, writing, “one of the most important elements” to his “transportation improvement program” involves “how it improves how everyone moves, including people driving.”

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Virginia Ports Get Influx of Marine Traffic Diverted from Baltimore

Norfolk Port

Virginia is beginning to experience some of the impacts from the cargo ship crash that brought down Baltimore’s Francis Scott Key Bridge, closing a vital shipping lane leading to one of the eastern seaboard’s busiest ports.

Shortly after on Thursday, Gov. Glenn Youngkin offered to assist neighboring Maryland. Within hours, the commonwealth’s ports were already preparing to absorb some of the diverted shipping traffic.

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Georgia Lt. Gov. Burt Jones Celebrates Passage of ‘Save Our Homes Act’ to Cap Property Tax Increases

Burt Jones

Georgia Lt. Governor Burt Jones on Tuesday celebrated the passage of legislation he championed to restrict property tax increases and offer property owners a chance to appeal decisions about how much they pay.

Jones said in a statement that HB 581, the Save Our Homes Act, “limits increases in property taxes years to year, reforms the appeals process, and allows for more transparency in our taxation procedures.”

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Report: Ohio Taxpayer Return of Investment One of Nation’s Best

Ohio Capitol Money

Despite the likely feeling most Ohioans have about taxes, they could feel better knowing they have one of the nation’s highest returns on their tax dollars, according to a new report.

The personal finance website WalletHub ranked the Buckeye State fifth in the country in terms of taxpayer return on investment after analyzing state and local tax collections with the quality of services residents receive in each state using 29 different metrics.

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Government Releases Another Batch of Data That Wipes Out Previous Economic Gains

People moving refrigerator

New orders for manufactured durable goods, which serve as an indicator for longer-term investments from businesses and consumers, had a huge downward revision for January, following similar revisions seen in jobs data.

Orders for durable goods increased 1.4 percent in February to $277.9 billion, but January’s gains were revised down to -6.9 percent from an initial estimate of -6.1 percent, taking a huge chunk out of previously reported gains, according to data from the U.S. Census Bureau. The revisions for durable goods orders mirror revisions in employment figures, which have repeatedly reported high growth figures that are later revised down, most recently being revised down for January by 124,000 while job growth for February was reported as 275,000.

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Container Ship Slams Baltimore’s Key Bridge, Officials Say Vessel Lost Power Just Before Impact

Baltimore Key Bridge collapsed

A container ship slammed into a Baltimore bridge early Tuesday, causing it to collapse and send vehicles and road crew members into a river in what authorities declared “a dire emergency.”

The incident occurred at about 1:30 a.m. on the Francis Scott Key Bridge, prompting an emergency search-and-rescue operation in the frigid waters of the Patapsco River.

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Voters ID Inflation, Immigration as Top Concerns Ahead of Presidential Election

People in grocery checkout line

Likely voters are focused on inflation and price increases, illegal immigration and the economy as incumbent President Joe Biden and former President Donald Trump prepared for a rematch of 2020 in November. 

The Center Square Voters’ Voice Poll, conducted in conjunction with Noble Predictive Insights, found that given a range of options to identify their top concerns, likely voters said inflation/price increases (45 percent), illegal immigration (44 percent) and the economy/jobs (24 percent) were the issues that matter most to them. 

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Possible Bankruptcy for EV Maker Fisker as Industry Hit with Declining Consumer Interest

Fisker electric vehicle on beach with people playing

Electric-vehicle startup Fisker may file for bankruptcy as the declining pace of consumer demand weighs upon the struggling company.

In a March 15 8-K filing with the Securities and Exchange Commission, the company warned investors that “Fisker did not make a required interest payment of approximately $8.4 million payable in cash on March 15, 2024 (the “Interest Payment”) with respect to Fisker’s unsecured 2.50% convertible notes” and that “the Company has a 30-day grace period to make the Interest Payment.”

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Virginia Democrats Launch ‘Hail Mary’ Plan to Fund Arena with Casino Revenue Despite Objections by Youngkin, Capitals and Wizards

State Senator Scott Surovell

Democrats in the Virginia General Assembly are reportedly working on plans to build a new facility for the Washington Capitals and Wizards in Fairfax County after the defeat of proposed legislation to build the arena in Alexandria.

Senate Majority Leader Scott Surovell (D-Fairfax) pitched a plan to use the money from a new casino in Fairfax County to build an arena, according to The Washington Post. Surovell’s plan reportedly has the support of the company seeking to build the casino, as well as political consultant Ben Tribbett, who the outlet reported also works for Senator L. Louise Lucas (D-Portsmouth).

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Just Four of 17 Ohio’s Congressional Delegation Say ‘No’ to $1.2 Trillion Spending Plan

Rep. Jim Jordan, Sen. JD Vance; Rep. Troy Balderson, and Rep. Warren Davidson, US Capitol

Just four of 17 members in Congress from Ohio opposed the $1.2 trillion spending bill given to taxpayers as law early Saturday.

Republican Sen. J.D. Vance and Republican Reps. Troy Balderson, Warren Davidson and Jim Jordan all said no in votes cast over Friday and early Saturday morning. Six House Republicans from Ohio cast a vote for the legislation.

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Congress Probing Whether IRS Plyng AI to Invade Americans’ Financial Privacy

Jim Jordan and Harriet Hageman

The House Judiciary Committee has opened an inquiry to whether the IRS is using artificial intelligence to invade Americans’ financial privacy after an agency employee was captured in an undercover tape suggesting there was a widespread surveillance operation underway that might not be constitutional.

Committee Chairman Jim Jordan, R-Ohio, and Rep. Harriet Hageman, R-Wyo., sent a letter last week to Treasury Secretary Janet Yellen demanding documents, and answers as to how the agency is currently employing artificial intelligence to comb through bank records to look for possible tax cheats. 

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Existing Home Sales Jump 9.5 Percent in February

House for Sale

Existing home sales increased 9.5% in February to a seasonally adjusted annual rate of 4.38 million, marking the largest monthly increase since February 2023, but overall sales declined 3.3% from the previous year, according to the National Association of Realtors.

Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – jumped 9.5% from January to a seasonally adjusted annual rate of 4.38 million in February. Year-over-year, sales slid 3.3% (down from 4.53 million in February 2023).

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CHIPS Act Sends $8.5 Billion to Intel for Production in Ohio and Other States

Joe Biden Intel

The U.S. Department of Commerce and Intel Corporation reached a non-binding preliminary memorandum of terms to offer up to $8.5 billion in direct funding via the CHIPS and Science Act to the company in hopes of creating jobs and logic chips in four states.

Intel plans to invest over $100 billion in the United States over the next five years. It also plans to expand its operations in Arizona, New Mexico, Ohio, and Oregon, which it estimates will create over 10,000 manufacturing jobs and nearly 20,000 construction jobs, according to a statement from the U.S. Department of Commerce.

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Audit: Michigan Liquor Control Loses 62,294 Bottles of Liquor

Liquor Bottles

State Rep. Tom Kunse wants reform within the Michigan Liquor Control Commission after an audit found more than 62,000 liquor bottles were missing.

The audit from the Office of the Auditor General marked three “material conditions” – the most severe rating – for the group composed of five unelected governor appointees that oversee liquor distribution through authorized agents using 11 state-owned warehouses.

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Feds Send $90 Million for Largest Pennsylvania Solar Project Yet

Solar Panels

The federal government is goosing Pennsylvania’s solar energy footprint, sending $90 million to create the largest solar project in the state on reclaimed mine land.

The project, in Clearfield County, will be almost twice as big as the large solar project in operation, estimated to produce more than 400 megawatts of electricity, enough to power about 70,000 homes.

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Progressives, Conservatives Not Happy with EPA’s New Rule on Vehicle Emissions

President Biden driving and electric vehicle

The U.S. Environmental Protection Agency said Wednesday it is finalizing more protective emissions standards that it called the “strongest ever” for light-duty and medium-duty vehicles that it claims will reduce air pollution and be phased in from 2027 through 2032.

In a news release, the EPA claimed the standards would result in a reduction of 7 billion tons of carbon emissions and have a net benefit of $100 billion in terms of public health benefits as well as reduced fuel costs and maintenance and repair costs for drivers.

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Kroger Employee Files Charges to Labor Board over Union Membership, Dues

An Ohio Kroger employee says union officials threatened his job if he didn’t sign a union membership form, and the company illegally took union dues from his paycheck.

James Carroll, who works for Kroger in Fairfield, submitted charges against the union and Kroger to the National Labor Relations Board in Cincinnati with help from the National Right to Work Foundation, according to the foundation.

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Grand Canyon University Student Says She was ‘Silenced’ About ‘Biased’ Econ Textbook

Grand Canyon University campus, Essentials of Economics textbook

A Grand Canyon University student says she has not been allowed to offer her opinions in class while her econ textbook is full of them.

Elizabeth Olson sent excerpts of the book, “Essentials of Economics” by Gregory Mankiw, to The College Fix and a syllabus showing it is being used for assignments and discussions throughout the course at the private Christian Arizona university.

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CBO Reports Grim Long-Term Outlook for Federal Government

Couple paying bills

The Congressional Budget Office on Wednesday released a bleak outlook for the federal government with new projections that show debt levels will reach their highest levels ever in five years.

“Debt held by the public, boosted by the large deficits, reaches its highest level ever in 2029 (measured as a percentage of GDP) and then continues to grow, reaching 166 percent of GDP in 2054 and remaining on track to increase thereafter,” according to the CBO report. “That mounting debt would slow economic growth, push up interest payments to foreign holders of U.S. debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices.”

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Energy Secretary Insists Energy Stockpiles Will Be Refilled in 2024, but Experts are Skeptical

Secretary Jennifer Granholm

Energy Secretary Jennifer Granholm said Monday that the nation’s energy stockpiles, which President Joe Biden depleted to its lowest level since the 1980s, will be refilled by the end of 2024.

“By the end of this year we will essentially be back to where we would have been absent the sales,” Granholm said at the CERAWeek energy conference in Houston, Texas, according to AFP.

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State Rep. Johnny Garrett Halts $800 Million Tax Increase Sponsored by Democrat

Johnny Garrett

State Representative Johnny Garrett’s (R-Goodlettsville) amendment to a Tennessee bill that would have enacted a massive tax increase passed Wednesday in the Finance, Ways, and Means Subcommittee.

According to a fiscal note on the bill before it was amended, it would have increased state revenue by nearly $800 million in taxes on business enterprises.

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Tennessee Agrees to $8.8 Million More in FastTrack Incentive Grants

Schneider Electric building

Tennessee’s Department of Economic and Community Development has handed out more than $8.8 million in incentives since it last posted FastTrack incentives for February.

Those include $3.4 million to Schneider Electric in Mount Juliet and Smyrna, $2.5 million to Shoals Technologies Group in Portland, $1.6 million to Nokian Tyres in Dayton and $1.3 million to an unnamed project.

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