Friday, September 06, 2024

A Packed Lunch! πŸ₯ͺ🍎πŸͺπŸ₯€

More jobs. Biden keeps the jobs coming and it makes Harris stronger.

Of the 50 states, the District of Columbia, American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands, the jobs report details how many jobs were spread across the United States. Some areas seen job growth while others saw job losses.

For the month of August, the jobs report shows the U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.

Nonfarm payrolls expanded by 142,000 during the month, up from 89,000 in July and below the 161,000 consensus forecast from Dow Jones, according to a report Friday from the Labor Department’s Bureau of Labor Statistics.

At the same time, the unemployment rate ticked down to 4.2%, as expected.

The labor force expanded by 120,000 for the month, helping push the jobless level down by 0.1 percentage point, though the labor force participation rate held at 62.7%. An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons edged up to 7.9%, its highest reading since October 2021.

The household survey, which is used to calculate the unemployment rate and is often more volatile than the survey of establishments, showed employment growth of 168,000. The balance, though, tilted toward part-time employment, which increased by 527,000, while full-time fell by 438,000.

Markets showed little initial reaction to the data, with stock futures holding negative and Treasury yields also lower.

While the August numbers were close to expectations, the previous two months saw substantial downward revisions. The BLS cut July’s total by 25,000, while June fell to 118,000, a downward revision of 61,000.

“I don’t like this a whole lot. It’s not disaster, but it’s below expectations on the headline, and what really bothers me is the revisions,” said Dan North, senior economist for North America at Allianz Trade. “This is certainly going the wrong way.”

Trump is struggling. Since the assassination attempt and Biden's departure, the former president isn't connecting with voters.

From a sector standpoint, construction led with 34,000 additional jobs. Other substantial gainers included health care, with 31,000, and social assistance, which saw growth of 13,000. Manufacturing lost 24,000 on the month.

On wages, average hourly earnings increased by 0.4% on the month and 3.8% from a year ago, both higher than the respective estimates for 0.3% and 3.7%. Hours worked nudged higher to 34.3.

The report comes with markets on edge over the next step for the Fed, which has been on hold with rates since July 2023 after having enacted a series of sharp increases to bring down inflation.

Heading into the release, markets had been pricing in a 100% probability that the Fed will start cutting rates when it meets Sept. 17-18. The only question was how much.

Following the payrolls release, futures market pricing briefly tilted towards a half percentage point cut but then switched back to a quarter point, according to the CME Group’s FedWatch gauge.

“For the Fed, the decision comes down to deciding which is the bigger risk: reigniting inflation pressures if they cut by 50 [basis points] or threatening recession if they only cut by 25 [basis points],” said Seema Shah, chief global strategist at Principal Asset Management. “On balance, with inflation pressures subdued, there is no reason for the Fed not to err on the side of caution and frontload rate cuts.”

The recent narrative for the economic data has indicated continuing growth but a slowdown for the labor market. Payrolls processing firm ADP reported Thursday that private companies added just 99,000 jobs in August, while outplacement firm Challenger, Gray & Christmas reported that layoffs surged in August and hiring had hit its slowest year-to-date pace going back to at least 2005.

The BLS report indicated that the private sector added 118,000 jobs for the month, up from 74,000 in July. Government jobs increased by 24,000.

Most Fed officials have indicated that they also see rates coming down. In his pivotal annual speech at the Fed’s annual Jackson Hole, Wyoming, conclave, Chair Jerome Powell proclaimed that “the time has come” to adjust policy, though he provided no specifics for what that meant.

In a speech Friday morning, New York Fed President John Williams endorsed rate cuts.

“With the economy now in equipoise and inflation on a path to 2 percent, it is now appropriate to dial down the degree of restrictiveness in the stance of policy by reducing the target range for the federal funds rate,” Williams said in remarks before the Council on Foreign Relations in New York.

Georgia school shooter and his father face LIFE if convicted of the latest mass shooting.

Over 450 mass shootings.

This will be the first face to face encounter. Vice President Kamala Harris and former president Donald J. Trump have their first debate. The closest they ever met was at the State of the Union when the former president spoke and the former California senator watched.

New York City mayor Eric Adams' associates including the New York Police Commissioner are under federal watch. Several had their homes raided. 

Bob Menendez resigned last month. Former New Jersey senator awaits his sentencing.

Trump was indicted again for the Jan. 6 incident. Jack Smith is working around the Supreme Court decision to grant Trump and President Joe Biden immunity.

Israeli extremist Benjamin Netanyahu refuses a ceasefire. Once again throwing U.S. involvement in limbo and making it clear that Hezbollah, the Lebanese, the Syrians, the Iraqis, the Yemeni, the Iranian and Palestinians are no longer tolerating restraint. They want the destroy Israel for all its crimes against humanity. The U.S. is warning them to not strike Israel. 

Ukraine has entered Russian territory. Russia launched a fierce attack in eastern Ukraine.

Brazil kicked X off its platforms. 

Rite Aid is officially out of Michigan, Indiana and Ohio. The drug store retailer is officially dead store walking.

The FBI announces that they have launched an investigation into Republican Tennessee U.S. Representative Andy Ogles as a result of allegedly fraudulent campaign spending. A search warrant was issued on August 2, and his cell phone had been seized.

In United States v. Khalid Sheikh Mohamm, et al, Secretary of Defense Lloyd Austin revokes a plea deal with three men who are accused of plotting the September 11 attacks, effectively reinstating it as a death penalty case. Held at Guantanamo Bay detention center for over 20 years without a trial. Still controversial to this day. 

The same shit Israel does, the U.S. done.

Judge Charles Ralph Simpson III of the United States District Court for the Western District of Kentucky dismisses two felony charges against the two police officers who were involved in the killing of Breonna Taylor, determining that her boyfriend was ultimately responsible for her death by firing at the two law enforcement officials and, thus, prompting them to retaliate.

Robert F. Kennedy Jr. suspends his campaign for the presidency and endorses Trump.

The US Army issues a rebuke of Donald Trump's presidential campaign over an incident at Arlington National Cemetery, in which a federal employee was "abruptly pushed aside" and Trump posed for a photo opportunity at soldiers' gravestones.

It is announced that the abandoned Six Flags New Orleans amusement park, which has been closed Hurricane Katrina struck the park and New Orleans, will be demolished beginning in September. Bayou Phoenix is expected to rebuild the area as a $500 million complex with youth sports fields, hotels, shops, a movie studio and a waterpark.

Due to the Israeli-Palestinian conflict, KFC, Pizza Hut, Dominos, Papa Johns, Burger King, McDonald's, Starbucks, Subway, Hardee's/Carl's Jr. and Rally's/Checkers are struggling. 

CNN host Dana Bash interviewed Harris and Walz.

These companies raising the prices of their food and beverages have folks turning to home and gas station meals. Also showing Israelis eating their food while Gazans and West Bank people are starving shows the boycotts are effective.

Trust me, Sheetz, Casey's General Stores, QuikTrip, Circle K, FavTrip and 7 Eleven are beating them in the fast food game.

Walmart is closing stores this year. Several are in Milwaukee, Chicago, Washington, DC, Portland, Oregon, Columbus, Ohio, Atlanta and Miami.

The current president, Joseph Robinette Biden, Jr. is stuck between a rock and a hard place. He will serve one term and now in his lame duck term, his job approval is rising.

The junk food media is ignoring the accomplishments. Biden is facing blowback from his support of Israel, the constant mention of Republican rival former president Donald J. Trump and the repeated campaign to tarnish his son Hunter.

You know the junk food media ain't talking about Hunter Biden or Biden corruption now that he exited the race. Sean "Softball" Hannity, Bill O'Reilly, Mark Levin, Fox, Breitbart are more concerned about Harris laughing, her Blackness and this made up border czar nonsense.

Trump is still telling Americans that if he doesn't win, there will be all out war. He still is telling the world that if he gets in he will finish what he started.

Republicans still can't govern in the House of Representatives. They are pushing authoritarianism in states they have control of. They are banning swatting, honing and regulations on testing. But when it comes to firearms, they refuse to do something.

Republicans are using dog whistles when talking about Harris, Israel, crime, immigration and gun violence.

1. Hamas are terrorist to Israel and the United States. Those who support Hamas or defend their actions are labeled terrorist sympathizers, antisemitic, traitors, unpatriotic, radicals or whatever they conjure up.

2. Gun violence is the No. 1 threat to children and adults. When gun violence happen in Chicago, Milwaukee, St. Louis, Atlanta, Washington, DC, Detroit and Baltimore, a Republican lawmaker wants to blame gun violence on Democratic mayors instead of the Congress.

3. Immigration is right now at record lows. The world views the U.S. as a hostile country and migrants from the Global South are beginning to ban American influence. They fear a Trump presidency could cause instability. Republicans are pushing for border closures, border/segregation walls, mass deportations, elimination of birthright citizenship, end of legal rights to Americans married to immigrants and push for English only. They also want to ban immigrants or student visas. They want to deport any immigrant who protest Israel or Trump.

4. Crime is a record lows. But property theft is up. Shoplifting, the Kia/Hyundai challenge, gun violence, white collar crimes and cybertheft have occurred. But again its racial dog whistles. Many corporations are getting away with greed and theft of wages. Many Americans are tired of paying more for less product. Kia and Hyundai are still facing criticism over this Kia Boyz nonsense. Walgreens, Rite Aid, CVS, Wexman are on their last legs. Walmart, Target and Kroger are closing stores in predominantly Black and Latino neighborhoods. Republicans are pushing for more mandatory sentences for theft. Democrats want to push for regulations on shrinkflation and theft of wages. Republicans oppose overtime and regulations to keep corporations from raising product prices.

Republicans want political revenge. Trump wants to jail his rivals. He may get that wish if he does return to power. This is not a joke. We ignored the threats in 2016 and 2020. It seems like we are going to do this again.

Do not assume that every place has jobs. Companies are closing up shop. The tech industry, retail, trucking and press are laying off workers. The service industry is continuing to suffer due to stagnant wages, lack of achievements and work overload.

Also, housing is still down. More Americans can't afford rent or car payments.

J.D. Vance with his kids in 100 degree heat while campaigning in Arizona.

AIPAC has poured money into many of these primaries. It openly bragged that its choices which were Democrats and Republicans beating their challengers.

House members passed a bill to define antisemitism in attempt to suppress freedom of speech. The insufferable House of Representatives in a bipartisan moment are trying to criminalize thought and dissent.

They are now trying to outlaw any criticism of Israel as hate speech which could be punishable by sanctions, divestment or allowing companies to terminate employment of anyone who dares criticizes Israel.

Let me get this straight: You are more upset over words than actions. You are upset someone using their freedom of speech to criticize a foreign country engaged in a propaganda campaign to shield itself from war crimes and impunity. You are upset over people using their voices, their wallets and their time to protest an injustice. Well, get upset over your taxpayer money aiding foreign nations. Get upset over foreign nations killing Americans in a war funded by our taxpayer money. Get upset over the deaths of thousands in Haiti, Chad, Sudan, the Democratic Republic of the Congo, Syria, Venezuela, Myanmar, Mexico, Azerbaijan, Armenia, Ukraine and Palestine. Get upset at your president, your senator, your representative, your governor, your state leader, your mayor and your local junk food media for bowing to the evil regime of Israel.

The Congress has less work than most Americans. It is infuriating that the average worker works more 50 hours a week while 157 House members and 36 senators work on average of 25 hours a week.

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

To make this clear, it doesn't matter anymore who the fucking president is. Biden, Harris, Trump and Robert F. Kennedy, Jr. are backing Israel over the world. They are so out of touch with reality.

Liz Cheney backs Harris.

Holding Biden accountable for his actions doesn't mean a lockstep vote and support.

I. Am. Calling. Him. Out. 

Biden is an advocate of war and genocide. He is tone deaf and unfortunately a lost cause.

What pisses me off is our lawmakers are calling protesters "Hamas supporters" to paint peaceful protests as an act of "terrorism."

With billions of dollars of aid going to Israel, you would think that American lawmakers would have our taxpayer money spent on more useful things!

The lawmakers will spend more taxpayer money to fix our crumbling infrastructure.

Many of these Republicans who vote against funding the government and assistance for some of America's less fortunate are willing to give billions to a foreign nation engaged in an illegal act of genocide. Same with Democrats. They claim they want to protect democracy but endorse a fascist government sworn to being an ethnostate on our taxpayer dime.

President Joe Biden's headaches:

  1. Donald J. Trump.
  2. Elon Musk and X.
  3. Mark Zuckerberg, Facebook and Meta.
  4. TikTok.
  5. The Republicans in the House of Representatives and the Senate stalling his agenda.
  6. Bad poll numbers.
  7. The media asking him about Russia, Israel, Hunter Biden and Trump's controversies.
  8. The Supreme Court making controversial decisions that impact the country.
  9. Gun violence and Congress not doing anything to stop it.
  10. Inflation and shrinkflation.
  11. Sen. Mitch McConnell (R-KY), Sen. Tommy Tuberville (R-AL), Sen. Lindsey Graham (R-SC), Sen. Ted Cruz (R-TX), Sen. Marco Rubio (R-FL), Sen. Rand Paul (R-KY), Sen. Josh Hawley (R-MO), Sen. J.D. Vance (R-OH), Sen. Katie Britt (R-AL), Sen. Mike Lee (R-UT), Sen. Rick Scott (R-FL), Sen. Ron Johnson (R-WI), Sen. Marsha Blackburn (R-TN), Sen. Tim Scott (R-SC), Sen. John N. Kennedy (R-LA), Sen. Sherrod Brown (D-OH), Sen. Cynthia Lummis (R-WY), Sen. Markwayne Mullin (R-OK), Sen. Tom Cotton (R-AR), Sen. Joe Manchin (I-WV), Sen. Roger Marshall (R-KS), Sen. Kyrsten Sinema (I-AZ), Sen. Elizabeth Warren (D-MA), Sen. Cindy Hyde Smith (R-MS) and Sen. Bernie Sanders (I-VT).
  12. Rep. Mike Johnson (R-LA), Rep. Mary Miller (R-IL), Rep. Steve Scalise (R-LA), Rep. Ronny Jackson (R-TX), Rep. Paul Gosar (R-AZ), Rep. Nancy Mace (R-SC), Rep. Jim Banks (R-IN), Rep. Alexandria Ocasio-Cortez (D-NY), Rep. James Comer (R-KY), Rep. Elise Stefanik (R-NY), Rep. Ro Khanna (D-CA), Rep. Jim Jordan (R-OH), Rep. Henry Cuellar (D-TX), Rep. Matt Gaetz (R-FL), Rep. Marjorie Taylor Greene (R-GA), Rep. Dean Phillips (D-MN), Rep. Andy Biggs (R-AZ), Rep. Troy Nehls (R-TX), Rep. Thomas Massie (R-KY), Rep. Byron Donalds (R-FL), Rep. Anna Paulina Luna (R-FL), Rep. Lauren Boebert (R-CO), Rep. Lloyd Doggett (D-TX) and Rep. Cori Bush (D-MO).
  13. Republican governors Ron DeSantis, Doug Burgum, Kay Ivey, Greg Abbott, Sarah Huckabee Sanders, Bill Lee, Glenn Youngkin, Kristi Noem, Kim Reynolds, Brian Kemp, Brad Little and Greg Gianforte.
  14. Federal Judges and Supreme Court members appointed by Trump.
  15. The junk food media and their never ending dramatizing of world events.
  16. Anti-Vaxxers. 
  17. Lawmakers and activists who protest the CDC guidelines during the pandemic.
  18. The endless culture wars that Republicans find outrage in.
  19. Fox, Breitbart, Libs of TikTok, The Daily Mail, Newsmax and OANN's relentless talk about Biden conspiracies. 
  20. Mark Levin, Bill O'Reilly, Sean "Softball" Hannity, Lara Trump, Charlamagne tha God, Jesse Watters, Alex Jones, Megyn Kelly, Candace Owens, Van Jones, James Carville, Andrea Mitchell, Jake Tapper, Peter Doocy, Hillary Vaughn, Ben Shapiro, Glenn Beck, Simon Ateba, Greg Kelly, Forgiato Blow and Bill Maher.
  21. The Republicans constantly dogging his brother James Biden and son Hunter Biden.
  22. The Republicans and conservatives spreading misinformation about daughter Ashley Biden.
  23. The junk food media mentioning Russian propaganda and Tara Reade.
  24. The endless racism towards Vice President Kamala Harris, former president Barack Obama and former first lady Michelle Obama.
  25. The relentless talk about spending despite the former president Trump's reckless spending.
  26. The lack of civility towards fellow Americans.
  27. The junk food media's obsession with his age.
  28. Robert F. Kennedy, Jr.
  29. Vladimir Putin.
  30. Xi Jinping.
  31. Kim Jong-Un.
  32. Benjamin Netanyahu.
  33. Recep Tayyip Erdoğan.
  34. Alexander Lukashenko.
  35. Mohammed bin Salman Al Saud.
Monthly reminders: 

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.

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.

Allan Lichtman says Harris is likely the winner.

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. However, there is always a catch to working entry level jobs that make over $20 an hour. Folks must work hours that do not accommodate home and social life, it may only be part time work or temporary. Some jobs may force overtime or refuse to pay for work rendered. With unions being weaken by states, it may be an at-will company. So if you are on social media, protesting injustices, supporting controversial issues or making threats to local officials; you could lose your job.

Real Reasons To Why Unemployment Rate Stays The Way It Is! The main reasons why some are not working.

  1. DEAD
  2. BORN
  3. IN PRISON
  4. IN ELEMENTARY SCHOOL
  5. IN MIDDLE SCHOOL
  6. IN HIGH SCHOOL
  7. IN COLLEGE FULL TIME
  8. VOLUNTEER
  9. DISABLED
  10. INFLATION
  11. STAY AT HOME PARENT
  12. LACK OF TRANSPORTATION OR BABYSITTING
  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 DISRUPTING DAILY ROUTINE
  21. RACISM
  22. WAGE THEFT
  23. TOO GOOD TO BE TRUE ON JOB POSTING BUT DECEPTION UPON HIRING
  24. BEING LAID OFF DUE TO CLOSING OR STAFF REDUCTION
  25. DESTRUCTION TO FACILITY OR PROPRETY
  26. OUTSOURCING JOBS TO OTHER STATES OR COUNTRIES
  27. BEING UNDOCUMENTED IN FEAR OF I.C.E. OR U.S. AGENCIES
  28. BEING PUBLICLY OUTED ON SOCIAL MEDIA DOING SHAMEFUL ACTS
  29. PARTICIPATING IN UNCIVIL OR VIOLENT PROTESTS
  30. PUBLICLY SUPPORTING OR PROTESTING AGAINST ISRAEL

Jobs are looking good despite fears.

Companies are cautious about hiring 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 exposed to the coronavirus, gun violence and folks are tired of the status quo of 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.

Anuel A.A. latest American rapper to endorse Trump.

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

Republicans are white nationalists without a conscience. 

Trump's presidency and Republican controlled governments are incompetent. Their leadership has 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.

Keep pressure on them with Israel. 

Israel must be held accountable for war crimes and the U.S. must end its aid. Our taxpayer money should not help Israel any further.

They are feeling it. Democrats know the risk of supporters being turned off by their policies. They know that President Joe Biden and Vice President Kamala Harris are under extreme pressure to do something. Some Arab Americans, Muslim and young voters have vowed to never back Harris putting her election chances in danger.

The call number to the White House and U.S. Capitol is now going to be used. This is the official White House numbers 202-456-1111 and 202-456-1414. This is the Congress official phone number, 202-224-3121. Please be respectful to operators, staff members and elected leaders. Your calls are monitored by the U.S. Secret Service and U.S. Capitol Police. 

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. Let them know that we are tired of police officers using immunity when committing death of suspects in custody. Let them know that you are tired of private equity firms getting away with destroying small businesses and long established companies. Let them know that you are tired of your taxpayer money going to foreign nations like Israel. You are tired of hearing about "Israel having a right to..." and the bogus claims of being anti-semitic or in support of terrorism. 

We have bigger issues at home and our tax dollars should solve the housing crisis, lowering food prices, fixing roads, bridges, helping reinvest in struggling urban and rural communities. We have hospitals closing, big box retailers leaving communities and television programs dying. There are bigger issues in the country than Israel. You want an immediate ceasefire and accountability for war crimes done by Israel. You want no more foreign influence in American elections. You also want to make sure future presidents and lawmakers avoid influence from lobbyists.

No comments:

LinkWithin

Related Posts with Thumbnails