Friday’s jobs report reveals accelerating weakness in the American economy. Only 142,000 jobs were created last month, below expectations. Half of new positions were created in the unproductive government or quasi-government healthcare and social services sectors.
A record 8.2 million Americans have second jobs. So far this year, the number of unemployed Americans has increased by one million.
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Vice President Kamala Harris’s tax proposal plan is getting significant pushback from Congress members and others as the costs of tax hikes on the American people across the political spectrum are being examined.
Upon a closer look at Harris’s tax proposals, an economist, a New York Times reporter, a small business owner advocate, and members of Congress all voiced their concerns over what the plan entails. Most of them note how the economy will be negatively impacted by her plan and the real-world implications for everyday Americans.
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Ignore the May jobs report‘s topline establishment survey number and the media’s celebratory reporting. It’s not to be trusted.
A new analysis by the Daily Caller News Foundation shows that payrolls were overstated by 1.3 million last year after accounting for the constant downward revisions. A new Bloomberg Economics report finds monthly job gains were overstated by 730,000 last year. Bloomberg says a surge of business closures is to blame.
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The Biden administration has set in motion a wave of new regulations that have already cost the U.S. more than $1 trillion, which equates to thousands of dollars per family, according to a new report from the Job Creators Network.
There have been $1.6 trillion in costs imposed from a total of 923 new federal regulations that have been finalized under President Joe Biden, with $1.2 trillion of those being put in place in just the past few months, according to the JCN. In just the first two years of the Biden administration, new regulations are estimated to have led to an average of almost $10,000 in added future and present costs to American households, which could jump to $60,000 if the trend continues across a two-term presidency.
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The specter of stagflation has returned. The monthly jobs report released Friday showed only 175,000 jobs were created last month, well below the recent average and expectations.
More than half of new jobs were created in the unproductive government and quasi-government healthcare and social services sectors that don’t generate growth. Average wages grew at a slower rate than inflation, meaning Americans’ real wages and living standards are declining.
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In landmark guidance, the federal commission created to fight racial and sexual discrimination declared Monday that employers that fail to use a worker’s preferred pronoun or refuse them the chance to use the restroom of their choice will be engaging in prohibited harassment.
The U.S. Equal Employment Opportunity Commission published the new harassment guidelines Monday after voting along partisan lines on Friday to approve them, even in the face of opposition from nearly two dozen red states. Three Democratic appointees approved the rules while two Republicans opposed them.
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The Job Creators Network rolled out a “small business prosperity plan” endorsed by former House Speaker Newt Gingrich on Wednesday.
Job Creators Network President and CEO Alfredo Ortiz said small businesses need regulatory and tax policy certainty, and the prosperity plan gives lawmakers a roadmap to follow. He said that Congress and President Biden should make the Trump-era Tax Cuts and Jobs Act permanent.
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The Biden administration’s oft-touted talking point that employment has boomed under the administration is misleading and instead simply a natural recovery from pandemic losses, economists told the Daily Caller News Foundation.
Facing consecutive quarters of negative gross domestic product (GDP) growth, sky-high inflation and plummeting consumer sentiment, the Biden administration has routinely cited a low unemployment rate and strong on-paper jobs creation as positive results of President Joe Biden’s economic stewardship. But the notion that these figures represent booming job creation is misleading since the economy has merely rebounded by adding back jobs that were lost during the pandemic and has still yet to reach pre-pandemic levels, economists told the DCNF.
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The Job Creators Network (JCN) Thursday announced a lawsuit against the Biden Administration just hours after the announcement that a COVID-19 vaccine mandate for all companies with 100 employees or more will take effect on January 4.
That mandate is expected to affect 84 million Americans.
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The Job Creators Network announced plans to sue the Biden administration over its mandate requiring private sector workers to receive a COVID-19 vaccination.
The advocacy group said it would soon file a lawsuit alongside several of its small business members, according to a Thursday announcement. The Job Creators Network (JCN) argued the mandate would make hiring more difficult, harming small businesses that are already struggling to find workers amid a slowing economic recovery.
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Just The News and award-winning investigative journalist John Solomon will host a primetime television special on Thursday night at 7:00pm CT to examine how certain policies and phenomena affect Black Americans throughout the country.
In addition to Solomon, the event will feature Ohio Secretary of State Ken Blackwell, immigration attorney and Miami mayoral candidate Mayra Joli, Job Creators Network President Alfredo Ortiz, and civil rights icon Bob Woodson.
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Alfredo Ortiz, president and CEO of the Job Creators Network (JCN), released a statement on Tuesday criticizing President Joe Biden for his recent speech on “voting rights” in Philadelphia.
“Biden’s fear-mongering that Republicans are trying to take over state elections in defiance of the will of the voters is ridiculous slander. What he calls voter ‘suppression’ and ‘subversion’ is really just commonsense voting integrity measures,” Ortiz said of the speech.
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