|The jobs report comes with a catch.|
If a woodchuck could chuck wood.
For month of January, 200,000 were added. The unemployment rate remains at 4.1 percent.
Donald J. Trump and Republicans are going to tout this as a big achievement.
Despite the talk about an improving economy, we see the country sitting on a bubble. It's gonna pop. Toys R Us closing stores, Sears/Kmart laying off executives and closing stores, Walmart/Sam's Club closing stores and many cities in the Midwest are not seeing the magic of #MAGA.
Black, Hispanic and Asian unemployment is back up. So much winning!
In 2017, there were 2.1 million jobs added. I assume that retail and public sector jobs were left out.
About 94.2 million Americans aren't working. Given they did not include the destructive hurricanes, wildfires and mass shootings. They haven't bragged much about the wage gap.
The wage gap has been more challenging for the middle class. The paychecks aren't huge. And watching the hours and time served, people are happy with their jobs. When the tax cuts take effect this month, we will see if the paychecks are living up to the expectations the Republicans promised.
Giving a few bonuses to long term workers is short term solutions.
The labor force rate remains unchanged as well. About 62.9 percent of Americans are working/overworked.
Okay, here's the reason to why Americans aren't working.
3. IN PRISON
4. IN PRIMARY SCHOOL
5. IN MIDDLE SCHOOL
6. IN HIGH SCHOOL
7. IN COLLEGE NOT LOOKING
10. STAY AT HOME PARENT
12. QUIT ON THEIR OWN
13. NOT HIRING QUALIFIED
14. NATURAL DISASTERS
15. ACTIVE MILITARY
16. NOT HIRING TOO QUALIFIED
17. LAID OFF
18. FIRED FROM THE JOB
19. DESTRUCTION TO FACILITY
So if you actually believe that Trump is doing good, you might be right. The inept leader is rolling back regulations and pushing for tax cuts to get the ball rolling on job growth.
Most Americans believe Trump is dishonest. That's not good. People are saying that Republicans are overreaching. This could hurt their chances to hold onto Congress.
They want to rehash a legacies of the 20th Century. The era of Ronald Reagan has long passed and the Republican Party is still stuck in that era.
It will hurt them.