|Trump ends America's role in climate change.|
The inept leader of the United States pulled out the Paris Accord. Fulfilling a promise he made on the campaign trail, Donald J. Trump announced on Thursday that he cares about the people of Pittsburgh than those of Paris.
I guess this is sticking the finger in the eye of Emmanuel Macron, the French president. World leaders signal distrust and disgust. Trump is doing the job most Republicans cheered for.
The United States removing itself from the Paris Accord nets worldwide condemnation.
European Union and China warned the United States that consequences could occur.
And this Friday leads off the May jobs report. The unemployment rate is now 4.3 percent.
There were 138,000 jobs added for the month of May. It is a disappointment. Of 325 million Americans, with 95 million not working, it actually could be 43,000 jobs spread around the 50 states, DC and the five territories.
Job creation fell sharply in May. Economists surveyed by Reuters expected nonfarm payrolls to grow by 185,000 and the unemployment rate to hold steady at 4.4. percent.
Wage growth also disappointed, with average hourly earnings rising at a 2.5 percent annualized pace. The average work week remains the same.
CNBC reports that weak job growth and the layoffs of thousands of retail/small business employees has also signaled a potential crisis on the way.
The potential demise of Sears Holding Group< JCPenney, Sprint and numerous other retail outlets could trigger an economic recession.
Again, 95 million people aren't working for the reasons noted below.
SERVING IN THE MILITARY
FIRED BY EMPLOYER
QUIT ON THEIR OWN
LAID OFF BY EMPLOYER
SCHOOL AGE (4-15)
FULL TIME COLLEGE STUDENT
NON PAYMENT VOLUNTEER WORK
FEDERAL AGENCIES CUTTING JOBS
Many Americans are giving up on looking for work. That's an ominous sign that we're heading in the wrong direction. Reminder, Trump hasn't signed a major legislative law since.
Hospitality services and the medical field are hiring.
The Paris Accord was a HUGE deal. Many business CEOs are distancing themselves from Trump and Republicans. Some are ignoring Trump and continuing investing in cleaner energy.