by Paul Craig Roberts, Paul Craig Roberts:
June 3, 2016. Today the Bureau of Labor Statistics announced that the
US economy only created 38,000 new jobs in May and revised down by
59,000 jobs the previously reported gains in March and April.
Yet the BLS reported that the unemployment rate fell from 5.0 to 4.7 percent, a figure generally regarded as full employment.
The May jobs increase only covers a small fraction of the monthly growth in the labor force and, therefore, cannot account for the drop in unemployment.
Moreover, the BLS reported that the labor force participation rate fell by 0.2 percentage points, bringing the decline to 0.4 percentage points over the past two months. Normally, a strong labor market, such as one represented by a 4.7% unemployment rate, causes an increase in the labor force participation rate.
The question becomes: How real is the 4.7% rate of unemployment?
Read More
June 3, 2016. Today the Bureau of Labor Statistics announced that the
US economy only created 38,000 new jobs in May and revised down by
59,000 jobs the previously reported gains in March and April.Yet the BLS reported that the unemployment rate fell from 5.0 to 4.7 percent, a figure generally regarded as full employment.
The May jobs increase only covers a small fraction of the monthly growth in the labor force and, therefore, cannot account for the drop in unemployment.
Moreover, the BLS reported that the labor force participation rate fell by 0.2 percentage points, bringing the decline to 0.4 percentage points over the past two months. Normally, a strong labor market, such as one represented by a 4.7% unemployment rate, causes an increase in the labor force participation rate.
The question becomes: How real is the 4.7% rate of unemployment?
Read More
by Martin Berger, New Eastern Outlook:
Today, if you take a look at the American media, you will immediately
notice that the vast majority of articles are centered around two
primary topics: constant, ruthless and often sponsored criticism of
Russia and the resentment most American have towards the White House and
its policies.
Never before America has been so deeply divided, and it seems that it can start coming apart at the seams, which has been clearly manifested over the course of the presidential campaign. The Important News would note:
Waves of anger, frustration, violence and civil unrest are starting to sweep across the United States, and political rallies for Republican presidential candidate Donald Trump have become a focal point for releasing some of that energy.
This media source would point out that American politicians and the mainstream media have been pitting various groups against one another for years, which resulted in people’s hearts growing cold. Once you start dismantling fundamental institutions such as the family and the church, people start to behave in a predictably cruel way.
Read More
Today, if you take a look at the American media, you will immediately
notice that the vast majority of articles are centered around two
primary topics: constant, ruthless and often sponsored criticism of
Russia and the resentment most American have towards the White House and
its policies.Never before America has been so deeply divided, and it seems that it can start coming apart at the seams, which has been clearly manifested over the course of the presidential campaign. The Important News would note:
Waves of anger, frustration, violence and civil unrest are starting to sweep across the United States, and political rallies for Republican presidential candidate Donald Trump have become a focal point for releasing some of that energy.
This media source would point out that American politicians and the mainstream media have been pitting various groups against one another for years, which resulted in people’s hearts growing cold. Once you start dismantling fundamental institutions such as the family and the church, people start to behave in a predictably cruel way.
Read More
by Mac Slavo, via SHTF Plan:
We’re talking about compulsive, psychopathic behavior here.
While so much attention is directed towards presidential candidate Hillary Clinton’s classified email scandal from her days as Secretary of State, it is worth dredging up the career-long history that the former First Lady and Arkansas lawyer has with losing, withholding or misplacing important records pertaining to scandals that she, her husband and affiliates have been involved in.
The NY Post discussed the conspicuous document controversies that surrounded the Clinton’s time at the White House:
Read More
We’re talking about compulsive, psychopathic behavior here.While so much attention is directed towards presidential candidate Hillary Clinton’s classified email scandal from her days as Secretary of State, it is worth dredging up the career-long history that the former First Lady and Arkansas lawyer has with losing, withholding or misplacing important records pertaining to scandals that she, her husband and affiliates have been involved in.
The NY Post discussed the conspicuous document controversies that surrounded the Clinton’s time at the White House:
Read More
by Michael Snyder, The Economic Collapse Blog:
This is exactly what we have been expecting to happen. On Friday, the
Bureau of Labor Statistics announced that the U.S. economy only added
38,000 jobs in May. This was way below the 158,000 jobs that analysts
were projecting, and it is also way below what is needed just to keep up
with population growth. In addition, the number of jobs created in
April was revised down by 37,000 and the number of jobs created in March
was revised down by 22,000. This was the worst jobs report in almost
six years, and the consensus on Wall Street is that it was an
unmitigated disaster.
The funny thing is that the Obama administration says that the unemployment rate actually went down last month. Almost every month since Obama has been in the White House, large numbers of Americans that have been unemployed for a very long time are shifted from the “unemployment” category to the “not in the labor force” category. This has resulted in a steadily falling “unemployment rate” even though the percentage of the population that is actually working has not changed very much at all since the depths of the last recession.
Read More
This is exactly what we have been expecting to happen. On Friday, the
Bureau of Labor Statistics announced that the U.S. economy only added
38,000 jobs in May. This was way below the 158,000 jobs that analysts
were projecting, and it is also way below what is needed just to keep up
with population growth. In addition, the number of jobs created in
April was revised down by 37,000 and the number of jobs created in March
was revised down by 22,000. This was the worst jobs report in almost
six years, and the consensus on Wall Street is that it was an
unmitigated disaster.The funny thing is that the Obama administration says that the unemployment rate actually went down last month. Almost every month since Obama has been in the White House, large numbers of Americans that have been unemployed for a very long time are shifted from the “unemployment” category to the “not in the labor force” category. This has resulted in a steadily falling “unemployment rate” even though the percentage of the population that is actually working has not changed very much at all since the depths of the last recession.
Read More
by Dave Hodges, The Common Sense Show:
When I look around and see my friends and family, I almost get a sense
of normalcy. I drive by my local fire station and the American flag is
still flying. I witness police helping elderly motorists with a flat
tire. My neighbors are nice and I (temporarily) have some money in the
bank. On the surface, it seems like everything is normal. I am
constantly reminded of how easy it would be to fall back into being a
fat and happy sheep living in the pasture not knowing what lies ahead.
It is hard not to be deceived by the thin veil of normalcy which covers the trend curve of unprecedented and tyrannical historical events which loom on the horizon.
It is a red or blue pill kind of thing.
Read More
When I look around and see my friends and family, I almost get a sense
of normalcy. I drive by my local fire station and the American flag is
still flying. I witness police helping elderly motorists with a flat
tire. My neighbors are nice and I (temporarily) have some money in the
bank. On the surface, it seems like everything is normal. I am
constantly reminded of how easy it would be to fall back into being a
fat and happy sheep living in the pasture not knowing what lies ahead.It is hard not to be deceived by the thin veil of normalcy which covers the trend curve of unprecedented and tyrannical historical events which loom on the horizon.
It is a red or blue pill kind of thing.
Read More
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