- U.S. Economy Lost 140,000 Jobs in December, Unemployment Unchanged at 6.7%
The U.S. economy shed 140,000 jobs in December and the unemployment rate held steady at 6.7 percent, according to data released Friday. Economists surveyed by Dow Jones had forecast an addition of 50,000 jobs and a slight rise in the unemployment rate to 6.8 percent. “The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) […]
- Trump Declines to Sign Relief Bill, Suspending Unemployment Benefits for Millions
President Donald Trump declined to sign the coronavirus relief and stimulus bill on Saturday evening as he pushed for higher stimulus payments of $2000 rather than $600, meaning millions of Americans would exhaust their unemployment benefits. Two unemployment benefits programs expired at midnight on Sunday morning, as the Wall Street Journal noted: The first provided unemployment benefits […]
- Amazon Praises Court Mandate that Gives U.S. Jobs to DACA Illegal Aliens
Amazon, owned by billionaire Jeff Bezos, is praising a President Bill Clinton-appointed federal judge’s decision that requires President Trump’s administration to give two-year work permits to illegal aliens enrolled in the Deferred Action for Childhood Arrivals (DACA) program. As Breitbart News reported, Judge Nicholas Garaufis of the United States District Court in Brooklyn, New York, blocked […]
- Jobless Claims Drop to 751,000, Better Than Expected
New claims for unemployment benefits fell to 751,000 in the week ended October 24, the Department of Labor said Thursday. That marks a decline of 40,000 from the previous week’s revised level. Economists had expected around 758,000 jobless claims. The initial claims number is the lowest since March. Weekly claims can be volatile. Many economists […]
- Unemployment Highest in Nevada, Lowest in Nebraska
New government figures show that the unemployment rate in August was highest in Nevada, lowest in Nebraska, and falling month-over-month in all states except Kentucky and Rhode Island, the Bureau of Labor Statistics said in a report Friday. On the whole, the jobless rate tended to be above the national average of 8.4 percent in states […]
- Trump Extends Order Halting Visas to Prioritize Americans for U.S. Jobs
President Trump has extended an executive order to prioritize unemployed Americans for jobs in the United States rather than allowing businesses to import foreign visa workers. In June 2020, Trump signed an executive order halting H-1B visas, H-4 visas, H-2B visas, L visas, and J-1 visas while tens of millions of Americans were jobless or underemployed […]
- Coronavirus Package Allows Feds to Import More Foreign Workers as 17.8M Americans are Jobless
A spending bill, labeled as a relief package for Americans during the Chinese coronavirus crisis, will allow federal bureaucrats to import more foreign workers to take blue-collar jobs in the United States – even as 17.8 million Americans remain jobless. A provision slipped into the more than 5,590-page spending bill allows the Department of Homeland […]
- Disaster Jobs Report: U.S. Economy Added Just 245,000 Jobs in November
The U.S. economy added 245,000 jobs in November and the unemployment rate ticked down to 6.7 percent, according to data released Friday. Economists surveyed by Econoday had forecast 500,000 jobs and a decline in the unemployment rate to 6.8 percent, one-tenth of a percent October’s 6.9 percent. The job gains for September were revised up by 39,000 […]
- Red States’ Economies Fare Better Amid CCP Virus, Unemployment Data Indicates
Republican states have generally handled the economic impact of the CCP virus pandemic much better than Democrat states, based on unemployment data. The lockdowns imposed in response to the coronavirus pandemic hammered the economy countrywide, with unemployment rising from a historically low 3.5 percent in February to a record high 14.7 percent in April, before gradually […]
- Texas loses unemployment boost as funding for Trump executive action dries up
https://static.rbl.ms/static/js-build/libs/polyfill/addEventListener.js?v=rmxassets2a65c5a3571a106904a2dbcac76e4c17 Texas loses unemployment boost as funding for Trump executive action dries up – Conservative Review Back to CR Remove Frame
- Report: Trump Considers Extending Halt on Foreign Visa Worker Programs
President Trump is considering extending an executive order that has reduced foreign labor market competition against Americans while the United States faces a mass unemployment crisis as a result of local and statewide economic lockdowns. Two sources who spoke to NPR on Wednesday said Trump is considering an extension to his June executive order that […]
- Jobless Claims Unexpectedly Jump Higher Again
New weekly jobless claims jumped to 885,000 in the week that ended December 12, the Department of Labor said Thursday. The prior week’s initial claims number was revised up to 862,000 from the initial estimate of 853,000. Economists had forecast a decline in claims to 806,000, according to Econoday. Jobless claims can be volatile week to week […]
- Tucker Carlson: Senate GOP Trying to Pack Foreign Workers into U.S. Jobs While 18M Americans Are Jobless
Tucker Carlson of the Fox News Channel says Senate Republicans are attempting to pack foreign workers into high-paying U.S. jobs while nearly 18 million Americans are jobless. On Thursday evening, Carlson slammed Senate Republicans for failing to stop Sen. Mike Lee’s (R-UT) green card giveaway that will allow Indian nationals to effectively monopolize employment-based green cards […]
- Jobless Claims Unexpectedly Rise to 898,000
The U.S. labor market stumbled in early October. After spending several weeks in a rut, barely improving, U.S. jobless claims moved higher in the week ending October 10 to 898,000. That is 53,000 claims above the prior week’s level. Economists had expected claims to decline to 830,000. Hopes for an economic support package from Congress […]
- Exclusive — Sen. Tom Cotton Introduces Trio of Bills to Combat Rioters
Sen. Tom Cotton (R-AR) will introduce three new pieces of legislation on Wednesday that aim to curb rioters, Breitbart News has learned exclusively. “Under lenient leftist policies, insurrectionists around the country continue to pillage America’s communities. It’s past time we cracked down on their destructive actions,” Cotton told Breitbart News. “My legislation will incapacitate these […]
- Donald Trump Berates Congress ‘Pork’ Coronavirus Relief Bill as Unemployment Benefits Expire
President Donald Trump on Saturday demanded Congress deliver better aid to Americans suffering from the coronavirus pandemic as he rejected the bloated relief bill passed before Christmas. “Increase payments to the people, get rid of the ‘pork,’” Trump wrote on Twitter, sharing his video from Tuesday highlighting the billions of dollars in aid sent overseas […]
- Jobless Claims Jump to 853,000, Far Worse than Expected
New weekly jobless claims jumped 137,000 to 853,000 in the week that ended December 5, the Department of Labor said Thursday. That is far worse than expected. Economists had forecast 724,000. The prior week was initially estimated at 712,000, the first decline after two weeks of rising claims, and was revised up to 716,000. Many economists think […]
- Coronavirus Unemployment Benefit Scam in California Sends Money to Death Row Inmates, Serial Killer
A scam caused California taxpayer money that was supposed to go toward COVID-related unemployment benefits to be sent to at least 20,000 prisoners, including well-known convicted murderers Scott Peterson and serial killer Cary Stayner. California approved more than $140 million for at least 20,000 prisoners, including Scott Peterson and Cary Stayner, said local and federal prosecutors […]
- U.S. Weekly Jobless Claims Fall to 837,000, A Bit Below Expectations
The number of first-time filers for unemployment benefits fell last week by 36,000 to 837,000. Claims have come in between 800,000 and 900,000 for the five consecutive weeks, a sign that progress in the labor market has stalled somewhat amid closed schools, delayed reopenings, and the reimposition of restrictions in some parts of the economy. […]
- NTD Business (Sept. 4): China Threatens to Dump US Debt; US Economy Adds 1.4 Million Jobs
China threatens to sell off U.S. treasuries. We talk to Derek Scissors at the American Enterprise Institute to see what’s at stake. The rally in tech stocks has slowed in recent days. Was Softbank’s speculation driving the market rally? We ask Nick Reece from Merk investments for his analysis to see if that’s the case. […]
