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Friday, June 03, 2022

Summer Roses! 🥀

Jobs good. Still dealing with inflation, obstruction and global crisis.

Over 390,000 jobs but of course, no one wants to work for less than an average wages. If there's anything I can testify to, the employers are hiring. However, the jobs, benefits and wages offered are not beneficial.

The jobs report for May did not give the record shattering previous amounts but at least gave some comfort that under President Joe Biden, there has been more jobs produced than his predecessor. You know the one who claimed he inherited a mess. 

The one who inherited a mess is being hammered for not cleaning up the mess fast enough. Inflation is at an all time high. Gas prices are souring into $5 or higher.

Most Americans are not satisfied with the economy. Biden, Congress amd the Supreme Court are at record lows in favorably. Democrats in the House keep passing bills only to be stalled in the Senate by the 50 Republicans senators. The two Democratic senators who reside in Arizona and West Virginia refuse to end the filibuster rules to pass laws on simple majority. It is the primary factor to why things are not getting done fast enough.

Ukraine and Russia are still a factor to the world's economic problems. As Russia is tanking, the U.S., the European Union, Australia, Japan and many "developed" nations are suffering.

China is being more cautious with trade and still has pandemic restrictions which is hurting the world's economy.

Israel and Palestinian regions are close to another battle. Israeli forces are still building settlements on East Jerusalem despite warnings that violence will increase.

North Korea continues to develop ballistic missiles and daring world powers to stop them.

Since Washed Up 45 pulled out the JCPOA (Joint Comprehensive Plan of Action), Iran now is no longer obligated to rules of regulatory nuclear enrichment. Iran has a new leader and he is not willing to risk talks with the U.S. and European Union.

We are still dealing with a global pandemic which killed 10 million worldwide. The United States has 1.05 million dead from the coronavirus. 

Republicans see the only path to victory is basically obstruct and complain about the president. They won't offer solutions or policies. All they care about is trying to keep folks angry with culture wars and distractions.

President Joe Biden's headaches:

  1. The Karens in the Republican House and Senate.
  2. Gun violence and Congress not doing anything to stop it.
  3. Inflation.
  4. Two Democratic senators and one independent senator who is a democratic socialist.
  5. The members of The Squad and Progressive Caucus.
  6. The junk food media and their never ending dramatizing of world events.
  7. Anti-Vaxxers. 
  8. Lawmakers and activists who protest the CDC guidelines during the pandemic.
  9. The endless culture wars that Republicans find outrage in.
  10. Washed Up 45 and his minions on Fox, Newsmax, OANN and the internet.
  11. Facebook and TikTok and the idiots who run it and the idiots who post on it.
  12. Fox, The Daily Mail, Newsmax and OANN's relentless talk about conspiracies, Hunter Biden and the president's mental capacity and health.
  13. The endless racism towards Biden's allies Vice President Kamala Harris and former president Barack Obama.
  14. The relentless talk about spending despite the former president's reckless things.
  15. The lack of civility towards fellow Americans.
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.

Harris is the key to helping Senate get things done.

An active shooter doesn't care about the politics, race, gender, sexuality, nationality, religion, your finances, your family, your plans that day, your successes, your failures, and most importantly, your life.

You're not safe in the school, the concert, the hospital, the church, the casino, the bus station, the subway, the light rail train, the buses, the malls, the local big box store, the political rally, the protest rally, the women's center for reproductive surgeries, the mosque, the synagogue, the state buildings, the workplace, the gas station, the family picnic, the food truck rally, the funerals, the birthday parties, the graduations, the wedding, the televised events, the sporting events and many more events that have some terrorist with a firearm. Domestic violence, suicide, racism, culture war inspired, politically motivated and international operative inspired are types of gun violence.

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. TERMINATED FROM EMPLOYMENT 
  16. NOT HIRING UNQUALIFIED
  17. NOT HIRING TOO QUALIFIED
  18. ACTIVE MILITARY
  19. NATURAL DISASTERS
  20. MASS SHOOTINGS DISRUPT DAILY ROUTINE
  21. BEING LAID OFF DUE TO CLOSING OR STAFF REDUCTION
  22. DESTRUCTION TO FACILITY OR PROPRETY
  23. OUTSOURCING JOBS TO OTHER STATES OR COUNTRIES
  24. BEING UNDOCUMENTED IN FEAR OF I.C.E. OR U.S. AGENCIES
  25. BEING PUBLICLY OUTED ON SOCIAL MEDIA DOING SHAMEFUL ACTS
  26. PARTICIPATING IN UNCIVIL OR VIOLENT PROTESTS

Jobs are looking good despite fears of an economic slowdown and with a roaring pace of inflation, the Bureau of Labor Statistics reported Friday.

At the same time, the unemployment rate held at 3.6%, just above the lowest level since December 1969.

Economists surveyed by Dow Jones had been looking for nonfarm payrolls to expand by 328,000 and the unemployment rate to edge lower to 3.5%.

“Despite the slight cooldown, the tight labor market is clearly sticking around and is shrugging off fears of a downturn,” said Daniel Zhao, Glassdoor’s senior economist. “We continue to see signs of a healthy and competitive job market, with no signs of stepping on the brakes yet.”

Average hourly earnings increased 0.3% from April, slightly lower than the 0.4% estimate. The year-over-year increase for wages of 5.2% was in line with expectations.

Stock market futures were volatile and pointed to a lower open on Wall Street following the report. Government bond yields moved higher.

Only 12 members of the Republican conference are non-white.

Job gains were broad-based. Leisure and hospitality led, adding 84,000 positions. Professional and business services rose by 75,000, transportation and warehousing contributed 47,000, and construction jobs increased by 36,000.

Other areas that saw notable gains included state government education (36,000), private education (33,000), health care (28,000), manufacturing (18,000) and wholesale trade (14,000).

Retail trade took a hit on the month, however, losing 61,000 in May, though the BLS noted that the sector remains 159,000 above its February 2020 pre-pandemic level.

“That’s not really consistent with a consumer that’s itching to spend on goods,” Drew Matus, chief market strategist at MetLife Investment Management, said of the retail numbers. “The accommodation and food services story is telling you people have shifted from goods spending to services spending. The real question is how long will they sustain that.”

Despite the job gains, the BLS household survey showed that the labor market has yet to recover all the positions lost during the pandemic. Total employment remains 440,000 below the pre-Covid level.

Labor force participation edged higher, rising to 62.3% though still 1.1 percentage points below February 2020, as the labor force is smaller by 207,000 from that mark.

A more encompassing measure of unemployment that takes into account those not looking for jobs and those holding part-time positions for economic reasons moved higher to 7.1%, up one-tenth of a percentage point from April. Unemployment for Asians fell to 2.4%, the lowest in nearly three years, while the rate for Blacks was 6.2%, an increase of 0.3 percentage point.

Revisions to the March and April job estimates shaved 22,000 off the previously reported totals.

The Republicans have no solutions going into the Midterms. They rather block and obstruct bills in the Senate.

Matus said the market reaction probably indicates that investors are both anticipating more Federal Reserve interest rate hikes and a slowing jobs market. Fed officials have said they are looking to bring the jobs picture back into balance from the current high demand and low labor supply.

“I wouldn’t call it the calm before the storm, but it might be the last bit of sunlight before the clouds get a little deeper and darker,” Matus said.

The report comes amid fears that higher inflation along with geopolitical developments including the war in Ukraine and Covid restrictions in China could impact a U.S. economy that contracted at a 1.5% rate in the first quarter.

Though there have been recent signs that inflation could be slowing, the current pace is still around the fastest in 40 years. Prices at the pump specifically are at historical highs, with a gallon of regular unleaded at $4.76, up 13% from a month ago and more than 56% from a year ago, according to AAA.

That is coming with a slowing economy that is currently on track to grow just at a 1.3% rate in the second quarter, according to the Federal Reserve.

In an effort to control inflation, the Fed is trying to slow the economy with a series of interest rate hikes. Fed Governor Lael Brainard told CNBC on Thursday that she anticipates further increases in the months ahead until inflation comes down to the central bank’s 2% goal.

Businesses have been hampered in the current environment, not least by a shortage of workers that has left nearly two job openings for every available worker. A Fed report earlier this week said businesses are expressing increasing concerns about future prospects – eight of the central bank’s 12 districts reported slowing growth while four specifically cited recession fears.

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. Matter of fact, no one can survive on $15 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 1 and folks are tired of the status quo of their jobs.

All white lawmakers in the bipartisan approach to solve gun violence, inflation and funding Ukrainian forces.

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. 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.

The call number to the U.S. Capitol is now going to be used. This is the official phone number, 202-224-3121. Let them know that "thoughts and prayers," "hearts going to" and "good guys with guns" are no longer acceptable and you want legislation to curb gun violence.

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