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“#Half of pandemic unemployment money may have been stolen: report” Fraudsters may have plundered as much as half of the unemployment benefits that the US pumped out in a hurry during the pandemic. Blake Hall, CEO of ID.me, a fraud prevention service, told Axios that the US has lost more than $400 billion to crooked…
“#US added 559,000 jobs in May as companies scrambled to hire” The US added 559,000 jobs last month — fewer than the 671,000 expected by economists — as Americans continued to emerge from the pandemic and businesses scrambled to hire new workers, the feds said Friday. The unemployment rate ticked down to 5.8 percent, according…
“#Summer hot spots brace for seasonal rush amid labor shortage” If you stopped by Morey’s Piers & Beachfront Water Parks in Wildwood, NJ, this Memorial Day weekend, you may have seen the chief financial officer slinging tickets. The company’s housing safety manager was running rides, and one of the lead carpenters was working the grill,…
“#US workers file 444,000 new jobless claims as states slash extra benefits” The number of Americans seeking new unemployment benefits continued to drop last week, the feds said Thursday, as a slew of states move to slash the pandemic-boosted payments. Initial worker filings for jobless claims, seen as a signal of layoffs, reached 444,000 last…
“#Joe Biden is even more of a ‘master of disaster’ than Jimmy Carter” President Joe Biden entered office poised to oversee a record recovery and a return to the booming economy and all-round stability of pre-pandemic life. Instead, he’s turned out to be a master of disaster, with self-inflicted crises across the board threatening to…
“#De Blasio’s ‘safe’ city, Team Biden’s ‘supply crunch’ and more” Diary of disturbing disinformation and dangerous delusions: This Quote: “I don’t think it will, honestly. . . . This is a very safe place, and there’s more and more activity. The city is clearly coming back.” — Mayor de Blasio, Monday, when asked if the…
“#From inflation to jobs to the border, Biden is flailing — when will the media notice?” If the media could take a break from obsessing over the House Republicans choosing a new conference chair, they might have noticed that Joe Biden’s presidency is falling apart. On every major front, Biden is flailing — even by…
“#US job openings soar as companies struggle to hire workers” US job openings soared to a record 8.1 million in March while companies struggled to recruit new workers as the economy continued to heat up, the feds said Tuesday. Total openings rose almost 600,000 compared to February, according to the Labor Department’s Job Openings and…
“#Biden is making it harder for America to get back to work” Economics is all about incentives. And if you incentivize people not to work, they will drop out of the labor force, and unemployment will rise. Friday’s employment report is a stark dramatization of how the Biden Administration — with its grandiose designs to…
“#US added just 266K jobs in April, far below 1 million expected” The US added just 266,000 jobs in April — far below economists’ expectations of one million — and the unemployment rate rose slightly to 6.1 percent, the feds said Friday. The lower-than-expected data comes on the heels of strong gains in March, which saw 770,000…