Friday, March 04, 2016

March Maddness!

Still rocking!

Once again, the country's unemployment is currently at 4.9 percent. The U.S. Department of Labor reports that 242,000 jobs for the month of February. The unemployment rate hold steady.

With a great job number, the hour wages actually declined.

But the number of long-term unemployed hasn't budged, and neither has the number of part-time workers who would prefer to work full-time.

Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining.

In February, the unemployment rate held at 4.9 percent, and the number of unemployed persons, at 7.8 million, was unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 831,000, respectively.

Among the major worker groups, the unemployment rates for adult men (4.5 percent), adult women (4.5 percent), teenagers (15.6 percent), Whites (4.3 percent), Blacks (8.8 percent), Asians (3.8 percent), and Hispanics (5.4 percent) showed little or no change in February.

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 2.2 million in February and has shown little movement since June. In February, these individuals accounted for 27.7 percent of the unemployed.

Here comes the ney sayers! The so-called 94 million Americans not working. Of course, ignoring the obvious and the reasons to why.

Now if you're saying that the stay at home parent, the full-time college student, the disabled, the incarcerated, those under 15 years old, those who just retired and those who passed away, I guess that's you're 94 million not working.

The fact-checkers continue to remind conservatives that their assessment of the unemployment is wrong. It wouldn't matter, conservatives and Republicans are two feet in the manure.

Conservatives are boneheads. Of course, they're pitch is to cut government jobs. Ted Cruz would eliminate the IRS, meaning putting government workers on the street. Donald Trump wants to eliminate the Department of Education and Common Core. Once again, making students lack even more education, force religious theories upon non-religious students, and keep them in poorly funded schools.

They want to eliminate the Environmental Protection Agency which controls the water, air and soil. Seeing we're experience a crisis in Flint water supply, eliminating the EPA could make it harder to detect deadly chemicals and lead in the water.

They all want to repeal Obamacare. If they eliminate the healthcare law, then millions of newly registered and those with pre-determined conditions could lose their insurance. Their insurance rates will skyrocket and people will avoid hospitals. The Zika virus, Ebola, and the HIV virus are going to rise and we're going to have a pandemic.

President Barack Obama took the job rate from 10,9 to 4.8 in his years in office, Regardless of what his critics say, he's done a pretty damn good job getting Americans back to work. No thanks to the Republicans.

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