Friday, February 1, 2019

Reasons #6992 - #6994 That Trump Was Elected

If the five-week shutdown had any impact on the economy, employers overlooked it — in droves. In January, the US added the most jobs in nearly a year, as the Bureau of Labor Statistics reported net job creation for the month at 304,000. Unemployment rose a little higher to 4.0% as temporary layoffs surged in the public sector due to the shutdown:
Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing.
Both the unemployment rate, at 4.0 percent, and the number of unemployed persons, at 6.5 million, edged up in January. The impact of the partial federal government shutdown contributed to the uptick in these measures. Among the unemployed, the number who reported being on temporary layoff increased by 175,000. This figure includes furloughed federal employees who were classified as unemployed on temporary layoff under the definitions used in the household survey.
The labor force participation rate remained above 63% for the second straight month, demonstrating that more of the old overhang has been reversed:
The labor force participation rate, at 63.2 percent, and the employment-population ratio, at 60.7 percent, changed little over the month; both measures were up by 0.5 percentage point over the year.
The former number had been stuck around 62.7% for five years or more. Analysts insisted that the generationally low number was the result of the leading edge of Baby Boomer retirement, but the growth in that number over the past year strongly suggests that workers are reentering the labor force as jobs open up. It matches a similar growth in the employment-population ratio that had been stuck in the 59+% range since the Great Recession until January 2017. It has grown almost a full point over the past two years.
. . .
Today’s results blew far past Reuters’ predictions, even accounting for a downward revision for November and December. . .
Parents of Pierce Corcoran to attend State of the Union
Tennessee Senator Marsha Blackburn and U.S. Rep. Tim Burchett announced Thursday Pierce Corcoran's parents will be guests at the upcoming State of the Union address in Washinton, D.C.

Sen. Blackburn's office released Thursday that she will invite DJ Corcoran to the State of the Union and Wendy Corcoran will be Tim Burchett's guest.

“My wife gladly gave up her spot for the Corcorans, and I’m honored to have them in attendance at the State of the Union,” said Congressman Burchett. “I have been friends with their family for years, and I can’t imagine how difficult it was losing Pierce.

Congress has to get to work on stronger laws and increased border security so tragedies like this might be prevented in the future.”

The Corcoran family's son and brother Pierce, 22, was killed in a head-on collision late last month on the Chapman Highway. Prosecutors say the driver blamed in the crash, Franco Francisco-Eduardo, was in the country illegally.
And from Pirate's Cove, ICE Set Up Fake University To Catch Visa Overstayers
Many who are against illegal immigration have noted that we also need to make a big push against those who overstay their visas, as, if reports are to be believed, 45% of the illegals present have overstayed the visas. We do not need to just go after those who crossed the border illegally

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