Tag: Jobs Outlook

All This Prosperity

All the manure aside the promises of a vivant economy has been all smoke and mirrors…..inflation is becoming crushing to us peons with food prices out of sight, manufacturing at an almost standstill and then there are those jobs that were suppose to come roar back thanks to those Donny tariffs…..all his promises have been crap.

Let’s look at the jobs picture….

The United States gained a decent 64,000 jobs in November, but it lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports. The unemployment rate rose to 4.6%, the highest level since 2021, per the AP. Both the October and November job creation numbers, released Tuesday by the Labor Department, came in late due to the 43-day federal government shutdown. US firms are mostly holding onto the employees they have, but they’re reluctant to hire new ones as they struggle to assess how to use AI, how to adjust to President Trump’s unpredictable policies—especially his tariffs—and how to deal with the lingering effects of the high interest rates the Federal Reserve engineered in 2022 and 2023 to rein in an inflation burst.

The uncertainty leaves job seekers struggling to find work or even land interviews. Fed policymakers are divided over whether the labor market needs more help from lower interest rates. Their deliberations are rendered more difficult because official reports on the economy’s health are coming in late and incomplete in the wake of the shutdown. The Labor Department is expected to provide at least a little clarity when it releases November numbers on hiring and unemployment on Tuesday, 11 days late.

Labor Department revisions in September showed that the economy created 911,000 fewer jobs than originally reported in the year that ended in March. That meant that employers added an average of just 71,000 new jobs a month over that period, not the 147,000 first reported. Since March, job creation has fallen farther, to an average 59,000 a month. During the 2021-2023 hiring boom that followed the end of COVID-19 lockdowns, by contrast, the economy was creating an average of 400,000 jobs a month. The unemployment rate, though still modest by historical standards, has risen since bottoming out at a 54-year low of 3.4% in April 2023.

Because of the government shutdown, the Labor Department didn’t release its jobs reports for September, October, and November on time. It finally put out the September jobs report on Nov. 20, seven weeks late. It will publish some of the October data—including a count of the jobs created that month by businesses, nonprofits, and government agencies—along with the November report on Tuesday. It won’t, however, release an unemployment rate for October, as it couldn’t calculate the number during the shutdown. More here.

The only people that are making out like bandits are those billionaires that Donny helps, a you scratch my back it’ll scratch yours, sort of thing.

The rest of the nation struggles and the Nero-esque fiddle.

I Read, I Write, You Know

“lego ergo scribo”

When Will Manufacturing Return?

I have written a lot about the tariffs and what it will mean to us mere peasants…..but Donny has said that it will revive the US manufacturing sector….is that really the case?

If this promise is true….how will it revive that sector?

There are some doubting Thomas’…..

The Trump administration’s tariff scheme appears less and less likely to bring manufacturing jobs back to U.S. shores.

Businesses across the country are crunching the numbers and realizing that, despite Donald Trump’s insistence, they can’t balance out his tariff hikes across the supply chain.

“Some manufacturers who had plans to open factories in the country say the new duties are only adding to the significant obstacles they already faced,” Bloomberg reported Friday.

That’s because the supply chain to produce those goods in the United States simply isn’t there, requiring companies to import raw materials and factory equipment—which Trump’s tariffs have made unaffordable—from abroad.

And Trump’s unpredictable approach to announcing and enacting or even retracting his tariffs has added confusion and significant volatility to the market, making businesses less likely to invest in large, long-term projects such as factory development.

Nora Orozco, the owner of footwear company Evolutions Brands, wants to open a Texas factory that would create 200 jobs. But the nitty-gritty of Trump’s so-called “manufacturing renaissance” just doesn’t work, according to the small-business owner.

“I like the idea of onshoring, but this makes it impossible for us,” Orozco told Bloomberg.

Reinvigorating American manufacturing has been a tall order for both political parties since the country offshored and automated the bulk of those jobs decades ago. But 2022 did see a spike in job announcements for reshored manufacturing gigs, according to the Reshoring Initiative, a U.S. manufacturing advocacy nonprofit.

https://newrepublic.com/post/195070/donald-trump-tariffs-manufacturers-opening-factories

We are also told that it may be a long haul to return the manufacturing sector to its once proud glory.

If so then why do we have open manufacturing jobs?

President Trump has been upending the global economy in the name of bringing manufacturing back. President Joe Biden signed into law massive investments aimed at doing something similar. The American manufacturing sector is reviving after decades of decay.

But there’s something a bit weird undercutting this movement to reshore factory jobs: American manufacturers say they are struggling to fill the jobs they already have.

According to data from the Bureau of Labor Statistics, there are nearly half a million open manufacturing jobs right now.

…

One big reason manufacturers can’t fill these jobs overnight is because they require workers to have particular skills. And it’s not just skills needed to work on assembly lines. Only around 2 in 5 manufacturing jobs are directly involved in making stuff. Manufacturers also employ people to do research and development, engineering, design, finance, sales, marketing and so on.

https://www.npr.org/sections/planet-money/2025/05/13/g-s1-66112/why-arent-americans-filling-the-manufacturing-jobs-we-already-have

The late Steve Jobs explained to Obama why he and others have gone overseas….

The famously blunt Apple boss wasn’t shy about shooting down the president’s musings. “Those jobs aren’t coming back,” he replied.

The reason why wasn’t just lower costs in countries like China. “Rather, Apple’s executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that ‘Made in the U.S.A.’ is no longer a viable option for most Apple products,” wrote the Times, summing up discussions.

To illustrate, the paper offered a story shared by a former Apple executive about a last-minute design change to the iPhone’s screen that forced a change in the manufacturing process at the Chinese factory where the phones were being assembled.

Around midnight, a foreman “roused 8,000 workers inside the company’s dormitories, according to the executive. Each employee was given a biscuit and a cup of tea, guided to a workstation and within half an hour started a 12-hour shift fitting glass screens into beveled frames. Within 96 hours, the plant was producing more than 10,000 iPhones a day,” the article reveals.

“The speed and flexibility is breathtaking,” the executive told the Times. “There’s no American plant that can match that.”

https://www.inc.com/jessica-stillman/steve-jobs-quote-on-american-manufacturing-still-applies-today/91181530

Will those ‘well paying’ jobs ever return….and if they do will Americans rush to snap them up?

But I am sure that there are some out there that feel confident that Donny’s plan will do the thing that he has promised.

Sadly I am not one of them.

But it you feel strongly that this is the proper way to go about this situation then by all means explain why you feel that way.

We await the answers.

I Read, I Write, You Know

“lego ergo scribo”

All Those Manufacturing Jobs

That is the promise from Little Donny and his strangling tariffs….it will bring those lost manufacturing jobs back to the USA.  He talked that point up all campaign all along and he still clings to the dream of all those jobs returning to the US….that single piece of rhetoric probably got him a bunch of votes.

But the reality does not echo his hollow promise…..

The trade war is no longer just a geopolitical talking point — it’s now a frontline reality for thousands of workers across North America. In the wake of sweeping new tariffs imposed by the Trump administration, a growing list of companies have announced job cuts, operational pauses, and in some cases, full-scale shutdowns. The fallout is cascading through industries as diverse as automotive, steel, consumer goods, and even tabletop gaming.

…

Industry experts warn that what we’re seeing now could be a prelude to deeper economic challenges. A report from Forbes estimates that over 5.6 million jobs across manufacturing, agriculture, and logistics may be at risk if trade tensions continue to escalate.

As political leaders debate trade strategy on the global stage, the consequences are being felt by workers, families, and small businesses across North America. With companies large and small struggling to adapt, and many caught in the crossfire of retaliatory measures, the tariff fallout is proving to be more than an economic theory — it’s a lived reality for thousands.

(barchart.com)

But what about most Americans…..what do they think?

Manufacturing once dominated the U.S. job market. In 1970, more than 25% of American workers held manufacturing jobs. Today, it’s only around 8%, and many of those jobs look very different than they used to.

Despite this drop, support for manufacturing remains high. A 2024 Cato Institute survey found that 80% of Americans believe the country would be better off with more manufacturing jobs. But when asked if they personally would prefer a factory job over their current work, only 25% agreed. About 73% said no, and just 2% of respondents actually work in manufacturing today.

So what gives? According to Carolyn Lee, executive director of the Manufacturing Institute, the jobs that still exist in modern factories are not what they used to be. “The majority of the jobs in the sector are not entry-level jobs that have no skills,” she told CNN. These roles now require everything from certifications to software and robotics skills.

https://www.benzinga.com/news/25/04/44880439/80-of-americans-say-the-country-would-be-better-off-with-more-manufacturing-jobs-but-only-25-want-one-themse

What will any return mean?

https://reason.com/2025/04/15/do-americans-really-want-to-bring-back-manufacturing/

Did you read that?  80% think bringing manufacturing jobs back is a good policy….but only about 25% wants one of them.

So if these jobs return who will man the machinery?

The administration is getting rid of cheap labor or maybe they could find some AI contraption to fill the jobs.

The return of these jobs is not on the horizon in my opinion….No I do not think Donny can make good on his campaign promise…

Today, only 9 percent of Americans work in manufacturing. That’s not nothing. And, in fact, the sector has been adding jobs recently after getting hammered during the recession.

But the long-run picture is clear. Manufacturing jobs will never again hold the central place in our economy that they once did. At the same time lots of other sectors — health care, professional services — will continue to become more important, and will continue to offer good, middle-class jobs. But those jobs will not, for the most part, be open to high school dropouts.

Education, not manufacturing, is the key to long-term job growth in America.

The percentage of Americans working in manufacturing fell under President Reagan. It also fell under Presidents Bush, Clinton, Bush and Obama (respectively).

Which is to say, the decline of manufacturing jobs in the U.S. economy is not about who is president or what his policies are. It’s the result of long-running, irreversible, historical factors (read: technology and globalization).

(npr.org)

Sorry people these so-called ‘good jobs’ are not coming back.

Any deep thoughts on this or the promises made?  (Please refrain from blaming the Dems or Biden these results are all on the present administration)

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–24Nov21

It appears the workers have found a new clout basically because of the pandemic…..companies are starting to run scared…..workers are getting in control of their destinies…..I appears…..

The pendulum has swung toward the labor force, and US workers are taking advantage of it. With their pick of employment opportunities these days, more Americans than ever—4.4 million—left their jobs in September, CNN reports. That could become the norm. “Labor now has the initiative, and the era of paying individuals less than a livable wage has ended,” said one economist. “This strongly suggests that rising wages are going to be part and parcel of the economic landscape going forward.”

Those workers had 10.4 million vacant jobs to choose from in September, the Bureau of Labor Statistics reported Friday. Employers in health care and state and local government especially are dealing with more openings. There were slightly more vacant jobs overall in August, but that total was affected by the steady decline in hiring for leisure and hospitality jobs. While there were 7.4 million unemployed workers last month, per the Wall Street Journal, the site Indeed.com figured the number of US openings at 11.2 million. Workers also set a record in September with a quit rate of 3%, which refers to how many workers left their jobs as a share of overall employment.

The shift can be attributed to several factors, per the Washington Post. Some employers improved pay and benefits to attract hires. Coronavirus infections caused by the delta variant increased, making child care and school attendance less certain, and some workers were less eager to stay in jobs that require dealing with the public—including health care and education. Retirements were up. “Workers are fed up with working conditions and feel unsafe and quitting even though they might not immediately jump into a new job,” said an economist for Glassdoor.

This could be monumental for any labor movements….the workers are asserting themselves as they should have been doing for decades.

Turn The Page!

Tomorrow is Thanksgiving….please be careful and be safe……

Thanksgiving Day 2021: Recipes, Traditions, and Trivia - Farmers' Almanac

I Read, I Write, You Know

“lego ergo scribo”

Job Numbers Are Worrying

Could all this “booming” economy be worrying news?

The job market is one that has “real” economists worried….that one in the White House only played an economist on TV…nothing about him is expert.

AXIOS has done some research that needs reporting more….

The U.S. jobs market, having long been the bedrock of the nation’s economic expansion, is starting to worry economists ahead of next week’s payroll data.

What’s happening: After years of remarkably smooth sailing, 2019 has brought market volatility and some concern about whether the economy can keep adding jobs at a fast enough pace to sustain the expansion.

What we’re hearing: Job gains don’t necessarily have to turn negative to signal trouble, Mark Zandi, chief economist at Moody’s Analytics, told Axios at a labor market conference hosted by payroll processor ADP this week.

All that’s required is a strong slowdown in job growth. A 0.5% increase from a cyclical low on the unemployment rate has accurately predicted every recession in recent history and has never been a false positive, as Brookings economist Claudia Sahm noted recently.

  • “Once unemployment starts to rise, even from a very low level, it undermines confidence, and the only difference between an expanding economy and a recessionary one is faith,” Zandi said.
  • “A recession is a collective loss of faith, and people lose faith when they start seeing unemployment rise.”

Why now? A slowdown is not that unlikely, given the state of the labor market. The unemployment rate is at a 50-year low — it was 3.6% in May — and employers are reporting more trouble finding people to hire.

  • In a poll of small business owners conducted in May, 25% said that finding qualified workers was their No. 1 problem, according to the National Federation of Independent Business.
  • The trade war also is adding stress to the economy, but so far the effects have been concentrated in the trade and export sectors, which make up a small piece of overall employment.

What to watch: The all-important services side of the economy has been strong, but is beginning to feel the impact of the tight labor market, said Ahu Yildirmaz, co-head of ADP Research Institute. The number of job openings exceeded the number of unemployed Americans by the largest margin on record in April.

  • “Let’s remember you need approximately 100,000 net new jobs to keep the economy moving. We’re still above that level, however there are so many other factors,” she said.
  • “If you look at the last couple months, the jobs numbers were really, really volatile.”

The bottom line: Another blowout print like January’s, which showed 312,000 jobs added, will calm a lot of jitters.

Keep in mind that there is more to an economy than just the markets……but the MSM wants every American to believe all is good as long as the profits are being made by corporations…..not necessarily so.

Be Smart!

Learn Stuff!

“Lego Ergo Scribo”

Closing Thought–06Nov17

Trump takes to Twitter to condemn Clinton, rag on Sessions, bitch about Comey, rail on about Mueller and pick in”Rocket Man…..in other words he belittles anyone that will not kiss his ass….instead he should be chest thumping about the economy and especially the unemployment rate that has come down under his regime….

US employers added a robust 261,000 jobs in October as the economy recovered from hurricanes that slammed the Southeast in September, per the AP. The Labor Department says the unemployment rate declined to 4.1%, the lowest in nearly 17 years, from 4.2% in September. The burst of hiring (though it was actually below estimates of 325,000, per the Wall Street Journal) mostly reflects a rebound from a trio of hurricanes that temporarily depressed job gains. But it also shows that for all their fury, the storms did not knock the economy off course.

“Now that the storms have passed, the focus can return to the central question for the United States job market: With unemployment low, when will wage growth accelerate?” writes Ben Casselman at the New York Times. Average hourly earnings continue to rise at about 2.5% year-over-year, below the annual rate economists would predict when unemployment is this low. Over the past three months, hiring has averaged 162,000. That is similar to the pace of hiring before the hurricanes. Employers added just 18,000 jobs in September, as thousands of businesses were forced to close. That figure was revised higher from a previous estimate that showed a loss of 33,000.

This is great news for the economy that he, Trump, could take credit for doing but instead he takes to Twitter like the spoiled brat that he is and just shows his stupidity with every new Tweet.

It is tiring writing about the idiot that we put in the White House…if he only had a brain.

That is it for me for today….TTFN….chuq

What Is Insanity? Mississippi Edition

Since the 1980’s, probably longer, Mississippians have been promised two things with every election…..lower taxes and a focus on education…it has been so thru the 90’s……..the 2000’s and on until the 2010’s…..and the last election every candidate promised the same tired old rhetoric from the election that preceded it….taxes and education….(redundant for make a point)

They say the definition of insanity is doing the same thing over and over and expecting a different outcome…….the voters of Mississippi have been doing the same thing over and over….and still have not found what they are looking for…….workers are paid some of the lowest wages in the US…..poverty is rampant……health is atrocious………education sucks…….but taxes are lower….well at least for corporations….the average Mississippian is being taxed unchanged for decades……

So is it insanity to keep buying into the BS of the election process…..knowing that NONE of it will come true?

You bet your butt it is!  Some say that Mississippians are optimistic about their candidates….but let us look at the 2010 election….the governor and state reps almost to a person talked about jobs and education…..promising better of both if they were elected and they would work tirelessly to achieve these goals…….How did they do?

These are the bills passed by the state legislature and sent to the governor to sign…….

n COAST INSURANCE: A bill authored by Rep. Scott DeLano, R-Biloxi, requires insurance companies writing policies in South Mississippi to offer defined “actuarially sound” discounts to homeowners who fortify their homes against storm damage. The Department of Insurance will adopt a set of standards, and insurance companies must file a list of discounts by 2013, although some are expected to do so sooner.

n BP MONEY: A bill passed that would direct any settlement for economic damages from the BP oil disaster to a fund controlled by the Legislature. The final bill was much changed from an original one that sought to capture potentially billions in Clean Water Act fines and other money the company will have to pay.

n SCHOOL START: A bill authored by Rep. Mark Formby, R-Picayune, and pushed for years by Coast business leaders, states schools cannot start before the third week in August. Tourism officials estimate extending the summer will bring an extra $100 million in tourism spending statewide.

n POOL SAFETY: The governor has signed The William Lee Montjoy Pool Safety Act, authored by Rep. David Baria, D-Bay St. Louis. It requires safety gates and latches and enclosures for public and quasi-public pools. There is a grandfather provision for existing pools, but some measures apply to all pools, including existing ones. The bill is named for a Coast toddler who drowned.

n MARRIAGE: A measure pushed for years by Natchez and Coast lawmakers does away with the three-day wait and blood test for a marriage license, a move supporters say will help the state become a wedding tourism destination.

n GAUTIER TAX: Gautier voters will decide whether to enact a 1-percent tax on restaurants and hotels to fund parks and recreation projects, tourism and economic development. Local leaders will set the election date. At least 60 percent of voters must approve it.

n ABORTION: A bill signed into law by Gov. Phil Bryant requires doctors who work at abortion clinics to have admitting privileges to a local hospital and be certified OB/GYNs. Could close the state’s only abortion clinic.

n REDISTRICTING: New maps were drawn that favor Republicans. They could cause some Democratic incumbents to face each other for seats.

n CHILD PROTECTION: Bill creates new requirements for reporting on suspected sexual abuse of children. Also requires fetal tissue to be saved as potential DNA evidence of statutory rape when girl seeking abortion is 14 or under.

n WORKERS’ COMPENSATION: Makes changes to the state’s workers’ compensation system. Proponents say changes would make the system more fair to employers. Opponents say the changes would make it difficult for people hurt on the job to receive compensation.

n ATTORNEY GENERAL: Attorney general’s power would be limited by giving elected officials and state agency heads other options when they disagree with attorney general on legal issues.

Take a good look at what the legislature has done!  Now ask yourself just how serious were the officials that you elected about jobs and education……once you ask that….remember…..also the economic outlook for the state this year is 1.1%, 45th in the nation and yet with that dismal forecast they spend all their time on abortions, sharia law, everything but jobs and job creation….and these are the little asshats that YOU elected……it is insane to keep electing these people!
The definition of insanity is doing the same thing over and over and expecting a different outcome!
By that definition the majority of voters in the state of Mississippi…..are INSANE!

Give Us A Break!

We hear over and over how Obama and his policies have killed economic activity and jobs…..or that tax cuts will produce more employment…..or that the….well you get the idea….it is all so much crap!

Why would I say such a thing?

One of the shining lights, according to some, is Caterpilla…the heavy duty machine manufacturer….but look at this…

Seeking to bolster one of its more profitable business areas, Caterpillar Inc. agreed to acquire MWM Holding GmbH, a German maker of power-generation equipment, from 3i Group PLC and related investment funds for 580 million euros ($810 million).

3i, a British private-equity firm, bought the Mannheim, Germany-based company in 2007 for 360 million euros. The planned purchase is another move by Caterpillar to expand businesses outside its core areas of construction and mining …

Or maybe this….

Construction-equipment maker Caterpillar  said Tuesday it will buy locomotive maker Electro-Motive Diesel for $820 million from a private-equity firm.EMD is one of the world’s oldest and best-known makers of locomotives, producing its first engine in 1922.  The brand will remain unchanged as EMD’s brand is well-known in the rail industry.

So Caterpilla is spending about $1.5 billion on acquisitions….this will NOT create jobs…if anything some jobs will be lost because of the purchases…..none of this is to help put people back to work…..it is about the bottom line…the profits and the stock prices……business has NO desire to hire more people now and in the near future…it is more profitable the way it is today…..

So, give us a break!  Stop harping on the extension of benefits for corporations…they have NO intention of hiring more people…..nice try though….but I am not that stupid as to believe the hype!

Are You Economically Confused?

Daily Agitator

If you do not have a degree in economics or finance and try to listen to the “experts” on TV then you are so confused that you would agree to anything just to get these people to shut the hell up……

For instance, the US gain 290,000 jobs in April but yet the unemployment rate went from 9.7% to 9.9%….if you gain jobs how does the unemployment rate get larger?  Easy if you listen to the “experts”……it seems that more people went back to looking for work because the jobs market is looking better……that is the official announcement……but if the people were unemployed in April and are looking for work then they are still unemployed…so how does the rate expand?  It is all in the metrics of the science…that would be the science of bullsh*t…….all reporting is that the “real” unemployment rate is more like 15+%….but yet they have come up with a way for the dismal unemployment rate to appear more optimistic……it is all for the investor to get them excited about using their cash……never is it about the true outlook of the recession….

If you feel totally confused, then you are what I call an average person and NONE of the economic reports are for you….NONE of the economic reports take your life into account……..remember….YOU ARE the back bone of this economy and if your life is in recession then the rest of the country is in recession…..the investors and speculators will ALWAYS make their money, whether you are employed or not…

The problem is that they are gambling with YOUR money…the cash of the taxpayers is used in this casino called Wall Street….