FACT: Job creation has lasted for 53 straight months—the longest streak on record.
Thank You, Mr. President!
Dow at 17,068 – AND the GOP plan is to sue the President – brilliant!
Via: Huffington Post
The auto industry is about to go on a hiring spree as car makers and parts suppliers race to find engineers, technicians and factory workers to build the next generation of vehicles.
The new employees will be part of a larger, busier workforce. From coast to coast, the industry is in top gear.
Factories are operating at about 95 PERCENT of CAPACITY, and many are already running THREE SHIFTS. As a result, some auto and parts companies are doing something they’ve been reluctant to consider since the recession: Adding floor space and spending millions of dollars on new equipment.
“We’re really bumping up against the edge,” says Michael Robinet, managing director of IHS Automotive, which forecasts auto production. “So it really is brick-and-mortar time.”
The auto industry’s stepped-up hiring will help sustain the nation’s job growth and help fuel consumer spending. On Friday, the government said U.S. employers added 175,000 jobs in May, roughly the monthly average for the past year and a sign of the economy’s resilience.
Read more, HERE:
Thank Gawd, President Obama kept GM and Chrysler afloat!
IF we hadn’t the cuts the Public Sector (teachers, first responders, etc) we’d probably be in the 6%’s range.
Via: Think Progress
Read the rest of the article, HERE:
“I always give a one word answer: ARITHMATIC” – President Clinton
NYT Op-Ed – November 18, 2008
Finally, some statistics to prove the stereotypes right. According to a recent survey from Millennial Branding and Payscale, Millenials really are most likely to be employed in service industry jobs.
So, all those jokes about post-graduation latte pouring and t-shirt folding haven’t been in vain.
And while it might be comforting to think of these jobs as necessary way stations on the path to an upwardly mobile future – especially if you’re someone who holds one – there’s mounting evidence that the American labor market may never return to its pre-recession composition.
The future is already here and it brings with it low-wage temporary or contract work as a way of life.
According to the Economic Policy Institute, almost 30% of American workers are expected to hold low-wage jobs – defined as earnings at or below the poverty line to support a family of four – in 2020. This number will remain virtually unchanged from 2010.
Given that roughly 50 PERCENT of recent college grads are unemployed or underemployed and those who do work are much more likely to hold these types of jobs, this is a particular grim prospect for young workers hoping to leave these positions behind for greener career pastures.
And even if Millennial workers do manage to move from retail to the corporate world, there’s no guarantee that their office job will be on the career track. The number of temporary or contract positions was up 6% over last year’s numbers in the first quarter of 2012 according to the American Staffing Association.
In fact, the number of temporary or contract jobs added to the economy has been increasing for nine consecutive quarters since the recession officially ended. Over 40% more people hold temp jobs now than in 2009. This growth starts to become something to worry about when temp jobs aren’t being converted to permanent ones and when contract work replaces full-time positions.
Read more, HERE:
“Willard ‘Mitt’ Romney – Even dumber than Dubya and Palin; COMBINED!”
Paul Ryan told the convention that President Obama is ‘somehow’ responsible for closing this Janesville, Wisconsin, GM plant.
FACT 1: The decision to close the plant was made long before December 23, 2008.
FACT 2: President Obama was ignaguarated on January 20, 2009.
FACT 3: Ryan is a lyin’ sack of shit!
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