|
|||||
|
Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. The Center for Immigration Studies is releasing the study Thursday morning, a day ahead of the final Labor Department unemployment report of the campaign season, which is expected to show a sluggish job [...] An alarming data point from the minority side of the Senate Budget Committee: More Americans are being added to food stamps than are finding jobs. The data is detailed in this chart, provided by the committee: As the chart shows, between April-June 2012 (the most recent three month block for which government data is available), only 200,000 jobs have been created while 265,000 individuals have been added to the food stamp rolls. Additionally, [...] zerohedge.com Following a brief period in which it seemed that US foodstamp recipients may have peaked, with those living in poverty maxing out at 46.514 million in December 2011, and then declining modestly for the next few months, June saw a new surge in those Americans living in poverty and thus eligible for foodstamps, with 173,600 new entrants into the system, bringing the total to a new all time [...] Best Buy on Saturday announced the locations of 50 stores that it is closing this year, including seven in California, six in Illinois and six in the company’s home state of Minnesota. The struggling electronics chain said last month that it would close some of its so-called big box stores, cut 400 corporate jobs and trim $800 million in costs. Best Buy plans to open 100 smaller, more profitable Best Buy Mobile [...] NEWPORT NEWS, Va. – The U.S. Department of Labor is offering more than $20 million in grants to organizations that will help former prisoners find work. Secretary of Labor Hilda L. Solis made the announcement in Newport News on Thursday, saying those who have served their time deserve a second chance to make a positive contribution to society. About 700,000 inmates are released from state and federal prisons each year. Nationwide, the [...] MADISON, Wis.—Nearly one-in-five of the jobs listed on a state website touted by Gov. Scott Walker as a resource for unemployed Wisconsin residents are actually located in neighboring states, according to an analysis by The Associated Press. More than 32,000 job openings were posted on the Job Center of Wisconsin’s website as of Tuesday, but about 18 percent of them were in Illinois, Minnesota, Iowa [...] Continuing claims…indicates “how hard…or easy”…it is for displaced workers to find new jobs. Any number above 400,000…indicates a “deteriorating/contracting” labor market. Above 400,000…is an indication of “labor market weakness”. Close to 400,000…is generally considered to mean jobs are “hard to find”. A range of 300,000 to 325,000 is consistent with “healthy job growth”. Consistent level “over 350,000″…signals “some weakening” in the labor market. Some of our community folk need to learn…and then remember these numbers…because even [...] |
Custom Search
    |
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
|||||
