Economic Opportunity

Time for American Youth to Pursue the Mexican Dream?

Every chance I get, I repeat to my 19-year-old college sophomore granddaughter and my 17-year-old high school senior grandson that they can’t waste a minute in their goal to bulk up their employment resumes.

Great Jobs News (for Carrier Employees), but November BLS Report Bad News for Others

A Merry Christmas for these Carrier employees and hundreds of their co-workers.

Macy’s Shutting Stores, Fewer Job Opportunities for Americans, but Immigration Grinds On

Macy’s is closing 100 of its 776 retail stores. Looked at as a corporate decision, the closings make sense. Macy’s wants to emphasis its online business, and many of the stores to be shuttered are old. Macy’s CEO Terry Lundgren said that the United States simply has too much retail space to support a shrinking customer base: 7.3 square feet of retail space per capita in the U.S. compared with roughly 1.3 square feet in the U.K. and 1.7 square feet in France.

July BLS Report: ‘Accentuate the Positive, Eliminate the Negative’

For skeptics of the monthly Bureau of Labor Statistics jobs report, July provided plenty of fodder. Superficially, the numbers looked good, and were better than predicted: the economy added 255,000 jobs, more than Wall Street’s anticipated 180,000.

Hillary Clinton’s Immigration Goals Make Her Economic Promises Impossible to Achieve

On July 24, 2016, Hillary Clinton joined Virginia Senator Tim Kaine, her Vice-Presidential candidate for a joint interview by Scott Pelley, correspondent for the CBS News program, 60 Minutes.

CAPS Ad Urging Less Immigration Airs Tonight on CNN

Slowing Immigration Not Racist, Just ‘Common Sense’

Good June Bureau of Labor Statistics Report – Except for the Fine Print

At first blush, the June Bureau of Labor Statistics report looked decent. Last month, the economy created 287,000 jobs. But analysts’ excitement over the higher-than-anticipated total vanished immediately when the May jobs figure was revised downward from an already low 38,000 to a microscopic 11,000. The two month May-June average is a humdrum 150,000, below the 2014 and 2015 levels.

Cataclysmically Bad May BLS Report, Soaring Immigration, Advancing Automation, Set Backs for U.S. Workers

Analysts hoped that the May Bureau of Labor Statistics report would show job creation at 164,000. Instead, BLS reported only a feeble 38,000 new jobs. Save for slight employment upticks in health care and professional services, many of them part-time positions, the BLS data was bad.

Calamitous BLS Report Underlines Ongoing Employment Crisis for American Workers

I’m running out of adjectives to describe the consistently awful monthly reports from the Bureau of Labor Statistics. For April, I’m using calamitous.

BLS reported that last month the economy created a paltry 160,000 jobs, well below the 200,000 analysts had their fingers crossed for. All the news is bad including the one item Wall Street pointed to as encouraging: wage growth.

On Jackie Robinson Day, April 15, 2016, Fewer Blacks, More Overseas Players

Tomorrrow, Jackie Robinson Day, Major League Baseball will celebrate the anniversary of the first African-American player to break the color line in 1947. As MLB Commissioners and team owners have done in past years, they publicly bemoan the diminishing number of black Americans in baseball, and vow to work overtime to restore them to their once prominent position. Today’s rosters have only a few black players who in total represent about 8 percent of all players.

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