Friday, March 04, 2022

Shamrocks ☘️!

Big jobs report.

Wow, the jobs report for the month of February was huge. I am almost taken aback by President Joe Biden's handling of the economy. It is very good right now but of course, you won't hear the good news because of gas prices, inflation and dissatisfaction by American voters.

He is being hammered by culture wars, the crisis in Ukraine, the failure to get Build Back Better passed and dealing with a Congress stuck on stupid. We are closing in on 1 million dead from the coronavirus.

The president has given up on trying convince the stupid to get vaccinated and follow CDC rules. He is now leaving up to doctors and medical providers. On top of that, you might have to pay for that COVID vaccine and test soon. As we are closing the book on the pandemic, the disease is still here and Americans are still dying from it. The unvaccinated will die and the vaccinated will face a mild symptoms.

Also the great resignation is happening. Millions of Americans are quitting their jobs due to unfair pay, stress and no quality of life.

The State of the Union should hopefully help his polls but its a short term bump. Cause in two weeks, we will talk about the latest distraction. Right now, we are over a week into the war in Ukraine and the West had issued harsh sanctions on Russia. The federation is in economic free fall.

The economy added 678,000 jobs in February, and the unemployment rate fell to 3.8 percent from 4 percent in January. Economists polled by Dow Jones had expected an addition of 440,000 jobs. The monthly jobs report data were gathered before Russia’s invasion of Ukraine.

The Labor Department’s report Friday also showed that the unemployment rate dropped from 4% to 3.8%, extending a sharp drop in joblessness as the economy has rebounded from the pandemic recession.

Harris and Zelensky show solidarity.

The latest jobs data follows recent reports that have shown an economy maintaining strength as new COVID infections have plummeted since late January. Consumer spending has risen, spurred by higher wages and savings. Restaurant traffic has regained pre-pandemic levels, hotel reservations are up and far more Americans are flying than at the height of omicron.

Average hourly pay barely rose last month but has increased 5.1% in the past year, a sign that companies feel compelled to raise wages to attract and keep workers. Many employers, in turn, have been raising prices to offset their higher labor costs, a process that has fueled inflation.

Consumer inflation has reached its highest level since 1982, squeezing America’s households and businesses, with price spikes especially high for such necessities as food, gasoline and rent. In response, the Federal Reserve is set to raise interest rates several times this year beginning later this month. Those increases will eventually mean higher borrowing rates for consumers and businesses, including for homes, autos and credit cards.

Chair Jerome Powell said this week that he plans to propose that the Fed raise its benchmark short-term rate by a quarter-point when it meets in about two weeks. Powell has acknowledged that high inflation has proved more persistent and has spread more broadly than he and many economists had expected.

The Fed chair cautioned that if inflation failed to ease later this year as he expects, he would consider carrying out half-point increases at future central bank meetings. Larger hikes would raise the risk of weakening the economy or even tipping it into recession.

Powell also warned that Russia’s invasion of Ukraine will lead to higher prices for gas as well as for such other commodities as aluminum, wheat and corn, thereby keeping inflation higher than it would otherwise have been. Oil prices, which have been soaring since war began more than a week ago, are critically important to the global economy.

For now, though, despite high inflation, the rapid fading of the omicron variant is likely to accelerate the U.S. economy and job growth. A survey by The Associated Press-NORC Center for Public Affairs Research found that Americans are now much less worried about COVID than they were in December and January. Mask mandates and other restrictions are ending. More companies are returning to pre-pandemic operations, including working in offices.

Democrats have long road ahead to keep the majority.

Data from the restaurant reservation software provider OpenTable showed that seated diners surpassed pre-pandemic levels late last month. And figures from the Transportation Security Administration reflected a sharp increase in the number of people willing to take airplane flights.

During the omicron wave, businesses barely wavered in their demand for workers. Job openings at the end of December reached near-record levels, with an average of 1.7 available positions for every unemployed person. Historically, there are usually more people out of work than there are jobs.

With many companies desperate for employees, layoffs have plunged. The number of people receiving unemployment aid fell two weeks ago to its lowest level since 1970.

Americans’ concerns about inflation have eroded their optimism about the economy. The Conference Board’s measure of consumer confidence slipped in February for a second straight month.

Still, other surveys show that Americans are increasingly satisfied with their own financial situations. And people clearly see that many jobs are available, the Conference Board’s survey shows.

The monthly Bureau of Labor Statistics report comes amid a dramatic drop in COVID-19 infections and after a surprisingly strong January report that showed 481,000 new jobs after upward revision. The labor force participation rate ticked up to 62.3 percent. Wage growth dipped slightly from 5.7 percent on an annualized basis in January to 5.1 percent.

President Joe Biden's headaches:

  1. The Karens in the Republican House and Senate.
  2. Two Democratic senators and one independent senator who is a democratic socialist.
  3. The members of The Squad and Progressive Caucus.
  4. The junk food media and their never ending dramatizing of world events.
  5. Anti-Vaxxers. 
  6. Lawmakers and activists who protests the CDC guidelines during the pandemic.
  7. The endless culture wars that Republicans find outrage in.
  8. Washed Up 45 and his minions on Fox, Newsmax, OANN and the internet.
  9. Facebook and TikTok and the idiots who run it and the idiots who post on it.
  10. Fox, The Daily Mail, Newsmax and OANN's relentless talk about Hunter Biden.
  11. The relentless talk about spending despite the former president's reckless things.
  12. Gun violence in the country and Congress refusal to do something about it.
The coronavirus doesn't care about your age, race, gender, sexuality, nationality, religion, politics, economic or social standings. It doesn't care about your business, your performances, your personal finances and travel. It doesn't care about the funerals, the birthday parties, the weddings, the vacations, the events and your graduations. It doesn't care about anything. It's a living organism that causes mild symptoms that include: fever, sore throats, chills, respiratory issues, loss of taste or smell and other unknown symptoms. If you have a weak immune system or health issues, your risk increases.

Food prices, energy prices, rent, city services and college education have risen. Companies are struggling to find workers. They are now trying to push incentives to get workers in.

Real Reasons To Why Unemployment Rate Stays The Way It Is!

  1. DEAD
  2. BORN
  3. THE PANDEMIC
  4. CLIMATE CHANGE
  5. IN PRISON
  6. IN ELEMENTARY SCHOOL
  7. IN MIDDLE SCHOOL
  8. IN HIGH SCHOOL
  9. IN COLLEGE NOT LOOKING
  10. VOLUNTEER
  11. DISABLED
  12. STAY AT HOME PARENT
  13. RETIRED 
  14. QUIT ON THEIR OWN
  15. NOT HIRING UNQUALIFIED
  16. NOT HIRING TOO QUALIFIED
  17. ACTIVE MILITARY
  18. NATURAL DISASTERS
  19. MASS SHOOTINGS DISRUPT DAILY ROUTINE
  20. BEING LAID OFF DUE TO CLOSING OR STAFF REDUCTION
  21. DESTRUCTION TO FACILITY OR PROPRETY
  22. OUTSOURCING JOBS TO OTHER STATES OR COUNTRIES
  23. BEING UNDOCUMENTED IN FEAR OF I.C.E. OR U.S. AGENCIES
  24. BEING PUBLICLY OUTED ON SOCIAL MEDIA DOING SHAMEFUL ACTS
  25. PARTICIPATING IN UNCIVIL OR VIOLENT PROTESTS

Things are slowly returning back to normal. However we're still not out of the woods yet. Over 78% of Americans have at least gotten one of the coronavirus vaccines. Around 135 million Americans refusing to be vaccinated which will lead to the coronavirus being resistant to vaccines. As it mutates into a deadly strain, folks who refuse to follow the CDC guidelines will eventually turn it into a super-pandemic in which those who come into contact with an infected asymptomatic person could trigger the mass destruction of the human race.

Boebert and Greene are embarrassing Republicans.

President Joe Biden had hopes that Americans would take this shit seriously. Unfortunately, Republicans so fucking eager to return to power will keep Americans fixated on the culture wars. Now vaccinations are part of this culture war.

But those fighting the culture war by not vaccinating, not wearing face mask in public, not following protocols, and deliberately ignoring federal and international rules when traveling are going to be the first casualties of the war. 

With this pandemic mostly affecting states where Republican governors are, we may have to return to wearing facial protection and cutting back services to reduce the spread of the coronavirus.

We came so far only to have a bunch of selfish idiots set it back. Just because they hate President Joe Biden.

Companies are still trying to hire employees. With the average wages stagnant, many are not looking forward to returning to a job that pays dirt wages. Many who worked in the retail, restaurant and low end service industry are not willing to take a job for less than $10 an hour.

Republicans don't see the bigger picture itself. They rather continue to believe in conspiracies about people collecting the safety net and not going back to work.

Give them a liveable wage and maybe things might improve in the job market.

We can't always assume that folks are lazy. People are literally dying from being overworked and folks are tired of the status quo of their jobs.

Millions are quitting their jobs.

Many single mothers are having trouble trying to find quality daycare or family members to watch children. On top of that, some have lost family members due to the pandemic. A homemaker may have lost their spouse. Some may have no choice but to watch their children or loved ones due to the aftermath of the pandemic.

Folks are still trying to rebound from medical bills, late rent payments, owing taxes and college loans.

Republicans are white nationalists without a conscience. 

Washed Up 45's presidency and Republican controlled governments killed millions of Americans. President Joe Biden has a slim majority in Congress and things can't be done with obstruction from both parties.

Holding these lawmakers accountable is not just a pledge, but a promise. You need to learn who represents your community. Your local community member, your school board member, your mayor, your state representative, your state senator, your governor, your U.S. Representative, your U.S. Senator and the president need to be held accountable for their actions. 

We need to put pressure on Republicans and Democrats to do something to improve everyone's lives.

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