Hmmmm...
makes sense.
but the pubie party doesn’t have teflon undies,
and the pubies are in for a shock this fall.
So, the Dems are making the economy tank so they can make Americans angry enuf to vote for change.
In my south Texas town, there are ‘help wanted’ signs in many prominent business windows!
They are also good at rounding up the illegals here, and illegals don’t work in these type of businesses.
Excellent read. Makes good points.
**Why did unemployment surge at a time when unemployment compensation claims are historically low? More to the point, how could unemployment spike this much without a coinciding spike in corporate lay-offs?*8
College grads and high schoolers looking for jobs. Anyone could see past this headline if they had any brains. Happens nearly every year.
I totally forgot about the raise in min. wage. No wonder the college grads and especially the high schoolers are not getting jobs.
People can hire adults for that wage!
Go ahead let the rats have control...Greater depression part deux... Ignorant Americans that vote for Obama deserve nothing less.
Same in my area. Begging for employees in many companies. I could work 6 jobs if I wanted to and had the time.
That makes perfect sense!
So unemployment also surged in May 2007? I don’t think so...
Did it surge in May of 2006, 2005 or 2004? Um, I don’ think so.
This article is pure BS. IF unemployment always surged in May, it would be seasonally adjusted for. This article is a complete like, but all the FreepyAnnas will buy it hook line and sinker without even asking the question about the change in the unemployment rate from April to May for the past 50 years.
I thought they seasonally adjusted the numbers since every May the same thing happens with new graduates.
John
BINGO! I said the higher unemployment rates during late
spring are a reflection of mainly H.S. students and other graduates spilling into the work force.
Gotta love the drive-by media.
Many moons ago I read an interesting book called "FDR Follies" re: the New Deal, Great Depression, etc. I can still remember being shocked at reading that when the FDR decreed the first minimum wage (50c p/hour) something like half a million workers throughout the country immediately (like w/i a week) lost their job. ***BBAAMMM *** like a guillotine.
Bowyer’s statement is not supported by the data from the U.S. Bureau of Labor Statistics:
(http://www.bls.gov/news.release/empsit.t01.htm)
The number of teens working increased in the last year:
Teens Employed May 2007: 5.61 million
Teens Employed May 2008: 5.90 million
The percentage of teens working increased in the last year:
Percentage of Teens With Jobs May 2007: 39.5%
Percentage of Teens With Jobs May 2008: 42.6%
Unemployment went up because the number of teens searching for work surged by 560,000 compared to last year:
Teens Working Or Looking For Work May 2007: 6.70 milllion
Teens Working Or Looking For Work May 2008: 7.26 million
Strangely, Jerry Bowyers says absolutely nothing about the impact of immigration - legal and illegal - on the ability of teenagers to find low skill jobs.
Also, Bowyers says nothing about a fact that is obvious to those who are actually looking for work - almost all low skill jobs pay MORE than minimum wage.
Around here a lot of kids’ jobs are now taken by illegals.
BTTT
The author makes the exact same point I made on Friday on these forums. Congressional Democrats, some Republicans, were pure blooming idiots. And the conservatives in Congress need to have the balls to point this out.