The AP (American Propaganda) press reported today that due to a perceived reduction in the amount of unemployment claims for the "4th straight month" as reported to them by the U.S. Department of Labor, signs that employers have stopped laying off some of their employees.
And reaffirms the economists prediction that this "recession" ended in July.
Although the amount of "new" jobs reported by and large have been government jobs under this and the previous administration and simply funded through the general public's taxes by the taxpayers instead of those unemployment benefits by those major corporations.
And I would not hesitate to question whether the true number of jobless has decreased. During this entire recession/depression there has been no figures published of the amount of new businesses that have gone under, owners of which are not eligible for unemployment benefits nor any other type of social welfare benefits.
And if my experiences have been any indication, most of those government agencies are simply directing the homeless and jobless to the social service government grant civic organizations and churches to assist them, rather than the welfare offices, SSI or the unemployment offices.
So those figures are not at all indicative of just how many remain without a job, or have lost their businesses during this manipulated meltdown. Nor has the mortgage and foreclosure mess been addressed adequately in that arena, and from all indications it does appear that the housing market is not improving since absolutely nothing has been done in order to address the loans and terms under which most of those homes were sold which also led to the foreclosure tsunami.
Namely, loans that were "creatively" sold and marketed that were not even based on the U.S. currency, but the British LIBOR, and upfront fees and costs even in order to get those loans which now make purchasing a home more of a liability, than an asset.
This is, after all, the third banker/Washington market manipulation in housing in my lifetime, as a former resident of one of the states most affected - Arizona. And those 50+ page loan documents that are now part and parcel of this major purchase have put many a potential homeowner alone off purchasing a home at this point, not to mention any and all that have been affected this last cycle who are now both wiser, and have warned their posterity about the changes in the housing market which make that foreclosure "steal" nothing more than an instrument in which during the next cycle, it will be their home on the auction block.
Seems the distant AP press is as clueless as this Administration, and the last.
I wonder if they have walked into any of those unemployment offices lately, or are simply phoning their articles in on their iPhones?
Showing posts with label U.S. Department of Labor. Show all posts
Showing posts with label U.S. Department of Labor. Show all posts
Thursday, October 7, 2010
Saturday, March 6, 2010
U.S. Department of Labor Reports Unemployment Figures Unchanged?
In a report today carried by the AP wire service, it was announced that the U.S. Department of Labor figures are in, and appears that for the last month the rate of unemployment is unchanged, with less jobs lost than anticipated.
I wonder where the USDL is getting its figures?
It would appear that the only barometer they would have for such a report is the number of Americans now collecting unemployment.
And since unemployment benefits have stopped for most since this recession began, it truthfully could be that the number of new Americans applying for unemployment has stabilized, but those that are still not working or have had to take jobs beneath their former salaries or in lower paying work has increased.
Also not included in this report is the number of offsetting jobs that have been created which are those most "created" by this Administration as with the last.
Taxpayer paid government jobs.
Although it is the average middle class Americans that are now paying a heftier burden in order to provide those taxpayer paid jobs to begin with, which is placing more and more of them on the unemployment lines, or in the bankruptcy courts.
Even with as difficult as it is today after the revisions in the bankruptcy code of several years ago, at the behest of the financial sector and those Wall Street bankers, bankruptcies throughout the nation are up.
And those figures were left out of the USDL's report.
The number of new small businesses, or those that have been in business for literally decades now bankrupt and those losses also were not included, since unemployment is not available to those that are self-employed.
Foreclosures are up once again for last month, which means that the American economy is not rallying, and is in fact continuing to sink into a full out depression, at this point, throughout a good many states in the country.
Especially the West and Southwest, due to the questionable loans which were sold to many during the boom, many of which were not even based on the U.S. currency, but the LIBOR or London Interest Bearing Origination Rates.
The home buying market has not significantly improved but is continuing to worsen in those states and many others, since of course the terms of most of those loans have not changed, and the Obama Administration has concentrated most of all on encouraging Americans to refinance instead.
Under the terms of those same loans that were sold which created this tsunmai.
It was announced also that Congress has passed a measure giving companies that hire new workers a tax incentive in the form of a payroll tax deduction.
I have been unable to find much further information on this particular legislation, however, I wonder what kind of payroll tax deduction would be afforded, since the only sums which employers contribute over and above that which they deduct from employee payroll checks for federal income taxes withheld would be Social Security matching sums.
Does this mean Congress, in its infinite wisdom, is now not requiring these large global corporations to match Social Security payments, and thus reducing then those benefits for those employees at retirement?
Or are these credits for all the assundry state required taxes paid, such as unemployment, workmen's comp and the like?
It doesn't appear that it isn't that American companies are not hiring, they are just not hiring Americans but prefer foreign cheaper untaxed labor, I believe that has been the prevailing public opinion.
Simply rewinding and placing the tax back on foreign labor rather than the domestic variety would be the best job stimulus for Americans yet.
The spins off the Hill continue, obviously.
http://enews.earthlink.net/article/top?guid=20100305/848a9193-efa3-43e7-8edc-2d33097dfeb5
I wonder where the USDL is getting its figures?
It would appear that the only barometer they would have for such a report is the number of Americans now collecting unemployment.
And since unemployment benefits have stopped for most since this recession began, it truthfully could be that the number of new Americans applying for unemployment has stabilized, but those that are still not working or have had to take jobs beneath their former salaries or in lower paying work has increased.
Also not included in this report is the number of offsetting jobs that have been created which are those most "created" by this Administration as with the last.
Taxpayer paid government jobs.
Although it is the average middle class Americans that are now paying a heftier burden in order to provide those taxpayer paid jobs to begin with, which is placing more and more of them on the unemployment lines, or in the bankruptcy courts.
Even with as difficult as it is today after the revisions in the bankruptcy code of several years ago, at the behest of the financial sector and those Wall Street bankers, bankruptcies throughout the nation are up.
And those figures were left out of the USDL's report.
The number of new small businesses, or those that have been in business for literally decades now bankrupt and those losses also were not included, since unemployment is not available to those that are self-employed.
Foreclosures are up once again for last month, which means that the American economy is not rallying, and is in fact continuing to sink into a full out depression, at this point, throughout a good many states in the country.
Especially the West and Southwest, due to the questionable loans which were sold to many during the boom, many of which were not even based on the U.S. currency, but the LIBOR or London Interest Bearing Origination Rates.
The home buying market has not significantly improved but is continuing to worsen in those states and many others, since of course the terms of most of those loans have not changed, and the Obama Administration has concentrated most of all on encouraging Americans to refinance instead.
Under the terms of those same loans that were sold which created this tsunmai.
It was announced also that Congress has passed a measure giving companies that hire new workers a tax incentive in the form of a payroll tax deduction.
I have been unable to find much further information on this particular legislation, however, I wonder what kind of payroll tax deduction would be afforded, since the only sums which employers contribute over and above that which they deduct from employee payroll checks for federal income taxes withheld would be Social Security matching sums.
Does this mean Congress, in its infinite wisdom, is now not requiring these large global corporations to match Social Security payments, and thus reducing then those benefits for those employees at retirement?
Or are these credits for all the assundry state required taxes paid, such as unemployment, workmen's comp and the like?
It doesn't appear that it isn't that American companies are not hiring, they are just not hiring Americans but prefer foreign cheaper untaxed labor, I believe that has been the prevailing public opinion.
Simply rewinding and placing the tax back on foreign labor rather than the domestic variety would be the best job stimulus for Americans yet.
The spins off the Hill continue, obviously.
http://enews.earthlink.net/article/top?guid=20100305/848a9193-efa3-43e7-8edc-2d33097dfeb5
Friday, February 5, 2010
APP Reports Decrease in American Unemployment Rate
The APP (American Propaganda Press) reported today that unemployment figures are in, and according to the U.S. Department of Labor there was a slight decrease in the number of unemployed Americans for January over December, from 10 percent to 9.7%.
I suppose a .3 percent decrease warrants heralding by the press corp and Obama Administration. However, it does appear that several factors have been left out of the equation since the U.S. Department of Labor basically uses the amount of Americans that are collecting unemployment as their guideline in their reporting figures most of all.
Without, of course, reporting that many Americans are still quite jobless (and homelessness is increasing in the West and Southwest particularly) and have simply run out of their unemployment benefits at this point in this almost four year economic depression which began in earnest during the summer of 2006 under a Republican president and Democratic Congress (including Mr. Obama).
Also, those figures are offset by the number of "new jobs" the Obama Administration has created at the cost of the American taxpayers in further expanding governmental jobs, especially in the gadget and spying on Americans industry, most of which are employed by that governmental agency and department created by the Bush Administration post 9-11, the Department of Homeland Insecurity.
The Department that believes that using gadgets primarily strip searching Americans and expanding Silicon Valley's bottom lines is less costly and more effective and efficient than truly securing our national borders with Mexico and Canada per the 2006 Secure Fence Act (even in going so far as Congress appropriating and giving more and more foreign aid to Mexico so that the Mexican government can "buy" some of Silicon Valley's gadets which are then billed to the American people under that SPP (Security and Prosperity Partnership "No Trade" Agreement and while California still cries poverty due to its extra-Constitutional excesses over the years under Mr. Schwartzenegger).
Of course, most of those terrorists, drug cartel members, human smugglers and auto theft rings that operate cross borders do not enter this country at the ports of entry but in the middle of the desert in the middle of the night.
The West and Southwest, due also to this manipulated economic crisis for the international bankers, Wall Street and the global stock exchanges now has more Canadians full time and "part time" winter or seasonal home owners living there due to their higher currency rate actually than illegal Mexicans. Who only live there during about six months of the year, but for which the American and Arizona residents have paid the bulk of those taxes funding all the programs, extra roads, golf courses, fountains and such that this mecca for the Canadian (and East Coast) snow birds demand.
And the numbers are increasing, since there are also quite a few British and Canadians moving into Louisiana and the New Orleans area post Katrina.
In fact, I was informed there is a local city ordinance which has been enacted by the City of New Orleans calling for a deadline for people who lost their homes during the hurricane to either rebuild, or forfeit their land and ownership rights.
The ultimate tragedy, it appears, is going to be used by the government in order to facilitate the ultimate land grabs for the state and city coffers, developers and foreigners - Brad Pitt's efforts notwithstanding.
And with that latest Supreme Court decision which came down the pike for the financial sector and industries eventual benefit now that the corporate lawyers are lining up in order to expand the applicability of that redefinition of the American citizens (not corporate special interests) First Amendment protections, I just wonder how long it will be before all land in this country is "corporately" owned and all those company towns circa the 1800's are re-established as MacDonaldsville, DuPontville and Microsoft City?
The only new jobs which have been created actually have been in the science and technology propaganda fields (global warming) and "spying on Americans" government jobs at this point.
While our industrial and manufacturing base (especially the U.S. auto industry, one of our primary exports in years gone by) has been outsourced by this Administration, as with the last Administration in their "go global" globalists beliefs, to China, India and Mexico, and our military are now protecting and defending those foreign plants and workers in foreign nations more and more, not to mention foreign governments such as our continued involvement with Israel, which to many Americans at this point should be simply declared another U.S. territory or state with all the military and financial support it has been given since World War II, even after its development of its own crack military and nuclear bomb capabilities.
Mention in the article was made of the "devastated" construction industry.
Say what?
In Louisiana, Texas and Florida the construction industry is the only sector that has seen an increase in jobs due to the numerous disasters which have occurred in that region, and most of the hotels and such are full of government contractor and other construction related employees and where most of the hotel industry is getting their revenue at this point, in addition to those winter visitors to DisneyWorld from Canada and Japan.
Problem is, most of those construction workers are also "outsourced" workers either from other states (as one family member of a local construction company in Louisiana related to me upon a visit to New Orleans recently since I have family living there), or from Mexico.
Relying on the U.S. Department of Labor for such statistical data does appear that our fourth estate is now also the beneficiary of outsourcing to both foreigners (as with the purchase of a great deal of our print and television media by a former Brit), and U.S.A., Inc. itself.
http://enews.earthlink.net/article/top?guid=20100205/c525c829-b013-4915-9b57-884960e17075
I suppose a .3 percent decrease warrants heralding by the press corp and Obama Administration. However, it does appear that several factors have been left out of the equation since the U.S. Department of Labor basically uses the amount of Americans that are collecting unemployment as their guideline in their reporting figures most of all.
Without, of course, reporting that many Americans are still quite jobless (and homelessness is increasing in the West and Southwest particularly) and have simply run out of their unemployment benefits at this point in this almost four year economic depression which began in earnest during the summer of 2006 under a Republican president and Democratic Congress (including Mr. Obama).
Also, those figures are offset by the number of "new jobs" the Obama Administration has created at the cost of the American taxpayers in further expanding governmental jobs, especially in the gadget and spying on Americans industry, most of which are employed by that governmental agency and department created by the Bush Administration post 9-11, the Department of Homeland Insecurity.
The Department that believes that using gadgets primarily strip searching Americans and expanding Silicon Valley's bottom lines is less costly and more effective and efficient than truly securing our national borders with Mexico and Canada per the 2006 Secure Fence Act (even in going so far as Congress appropriating and giving more and more foreign aid to Mexico so that the Mexican government can "buy" some of Silicon Valley's gadets which are then billed to the American people under that SPP (Security and Prosperity Partnership "No Trade" Agreement and while California still cries poverty due to its extra-Constitutional excesses over the years under Mr. Schwartzenegger).
Of course, most of those terrorists, drug cartel members, human smugglers and auto theft rings that operate cross borders do not enter this country at the ports of entry but in the middle of the desert in the middle of the night.
The West and Southwest, due also to this manipulated economic crisis for the international bankers, Wall Street and the global stock exchanges now has more Canadians full time and "part time" winter or seasonal home owners living there due to their higher currency rate actually than illegal Mexicans. Who only live there during about six months of the year, but for which the American and Arizona residents have paid the bulk of those taxes funding all the programs, extra roads, golf courses, fountains and such that this mecca for the Canadian (and East Coast) snow birds demand.
And the numbers are increasing, since there are also quite a few British and Canadians moving into Louisiana and the New Orleans area post Katrina.
In fact, I was informed there is a local city ordinance which has been enacted by the City of New Orleans calling for a deadline for people who lost their homes during the hurricane to either rebuild, or forfeit their land and ownership rights.
The ultimate tragedy, it appears, is going to be used by the government in order to facilitate the ultimate land grabs for the state and city coffers, developers and foreigners - Brad Pitt's efforts notwithstanding.
And with that latest Supreme Court decision which came down the pike for the financial sector and industries eventual benefit now that the corporate lawyers are lining up in order to expand the applicability of that redefinition of the American citizens (not corporate special interests) First Amendment protections, I just wonder how long it will be before all land in this country is "corporately" owned and all those company towns circa the 1800's are re-established as MacDonaldsville, DuPontville and Microsoft City?
The only new jobs which have been created actually have been in the science and technology propaganda fields (global warming) and "spying on Americans" government jobs at this point.
While our industrial and manufacturing base (especially the U.S. auto industry, one of our primary exports in years gone by) has been outsourced by this Administration, as with the last Administration in their "go global" globalists beliefs, to China, India and Mexico, and our military are now protecting and defending those foreign plants and workers in foreign nations more and more, not to mention foreign governments such as our continued involvement with Israel, which to many Americans at this point should be simply declared another U.S. territory or state with all the military and financial support it has been given since World War II, even after its development of its own crack military and nuclear bomb capabilities.
Mention in the article was made of the "devastated" construction industry.
Say what?
In Louisiana, Texas and Florida the construction industry is the only sector that has seen an increase in jobs due to the numerous disasters which have occurred in that region, and most of the hotels and such are full of government contractor and other construction related employees and where most of the hotel industry is getting their revenue at this point, in addition to those winter visitors to DisneyWorld from Canada and Japan.
Problem is, most of those construction workers are also "outsourced" workers either from other states (as one family member of a local construction company in Louisiana related to me upon a visit to New Orleans recently since I have family living there), or from Mexico.
Relying on the U.S. Department of Labor for such statistical data does appear that our fourth estate is now also the beneficiary of outsourcing to both foreigners (as with the purchase of a great deal of our print and television media by a former Brit), and U.S.A., Inc. itself.
http://enews.earthlink.net/article/top?guid=20100205/c525c829-b013-4915-9b57-884960e17075
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