April Job Numbers Appear Improved... Are They Really?
by: Les Carpenter Rational Nation USA Lib erty -vs- Tyra nny The April job reports are out. The good news is unemployment fell to a four year low, certainly at year six in Obama's Presidential tenure strikes a positive note. Or does it? At the same time the number of people employed part time rose as well as strong indications are showing the Affordable Care Act (ACA aka ObamaCare) will have a long term negative impact on the USA economy. The following is an interesting analysis and one that certainly has some credibility. AEI - US job growth in April beat economist expectations as nonfarm payrolls rose 165,000, and the jobless rate fell to a four-year low of 7.5%. But the report contained worrisome signs that President Obama’s health care reform law is hurting full-time, high-wage employment. While the American economy added 293,000 jobs last month, according to the separate household survey, the number of persons employed part time for economic reasons — “involuntar...
I actually find it very troubling that no ne has commented on this post. Guess we're ALL to busy in the era of tRump to be concerned about such lofty and righteous issues.
ReplyDeleteSgh…...