August, 2013

 

New home sales drop 13.4 percent, Lowest since October 2012, Rising mortgage rates and slow employment growth, June sales revised downward, Obamacare part time job economy

New home sales drop 13.4 percent, Lowest since October 2012, Rising mortgage rates and slow employment growth, June sales revised downward, Obamacare part time job economy “Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief “11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013 “Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…GeorgeRead More


UPS drops 15000 spouses from health care insurance, Obamacare blamed, Shrinking corporate medical benefits, Costs associated with the Affordable Care Act

UPS drops 15000 spouses from health care insurance, Obamacare blamed, Shrinking corporate medical benefits, Costs associated with the Affordable Care Act “If you like your health care plan, you can keep your health care plan.”…Barack Obama “However … health insurance rates and benefit coverage plan costs have continued to increase. As a result of those increases, county employees have experienced a pay decrease that has grown larger each year.”…Guilford County Interim Manager Sharisse Fuller “Can we stop calling ObamaCare the Affordable Care Act now?”…Guilford College student   From Kaiser HealthRead More


NC July unemployment rate rises to 8.9 percent, Labor Force Participation Rate plummets 1.4 percent since Jan 2013, NC tied for third worst unemployment rate

NC July unemployment rate rises to 8.9 percent, Labor Force Participation Rate plummets 1.4 percent since Jan 2013, NC tied for third worst unemployment rate “North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”…Raleigh News Observer June 21, 2013 “11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013Read More


Forever 21 memo demotes full time workers to part time, Obama and Obamacare part time economy, Medical coverage ends August 31, 2013, Hours not exceed 29.5 per week

Forever 21 memo demotes full time workers to part time, Obama and Obamacare part time economy, Medical coverage ends August 31, 2013, Hours not exceed 29.5 per week “Approximately 1 million more people could only find part time employment since Obama took office in January 2009.”…Citizen Wells August 2013 “Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief “Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell,Read More


Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased

Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased “11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013 “Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief “Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…GeorgeRead More