The American economy had another solid month on the employment front in December, private payroll processor ADP reported this week.
“The U.S. private sector added 238,000 jobs in December, surpassing November as the strongest month for job growth in 2013,” ADP president Carlos Rodriguez said. “It’s encouraging news that hopefully bodes well for 2014.”
November’s job totals were also upwardly revised – to 229,000.
The encouraging numbers land smack dab in the middle of two critical debates in Washington, D.C.
First, and most importantly, they come amidst the ongoing conversation regarding “tapering” – or the gradual cooling of the Federal Reserve’s white hot money printing presses. More immediately, the data falls right in the middle of a heated debate over whether to further extend “emergency” extended unemployment benefits first authorized in 2008 by former president George W. Bush. and a Democratic-controlled Congress.
Pre-recession, the typical duration of unemployment benefits was six months – but the “emergency” extension approved in 2008 nearly quadrupled this time period to 99 weeks (although it was recently scaled back to 73 weeks).
Barack Obama and Democratic leaders want to extend these “emergency” benefits in perpetuity at a cost of approximately $25 billion. “Republicans” also support extending the benefits, they just want Obama and his allies to find a way to pay for them with cuts elsewhere in the bloated federal budget.
We oppose both positions …
Extending unemployment benefits incentivizes joblessness by adding yet another layer of dependency to the mix – making it less likely that workers will get off the government dole and find gainful employment.
Don’t take our word for it, though, that’s the position adopted by former Obama economic advisor (and Bill Clinton’s Treasury Secretary) Larry Summers.
“Government assistance programs contribute to long-term unemployment is by providing an incentive, and the means, not to work,” Summers once said.
Absolutely …
More to the point, Obama cannot claim a jobs recovery on the one hand while browbeating the Congress to extend “emergency” jobless benefits on the other. That’s the definition of having one’s cake and eating it too …
Of course don’t expect “Republicans” to stand up and fight on this issue … they are more content to spoon feed Obama. In fact six “GOP” Senators voted with Democrats to move a three-month extension of these “emergency” benefits forward this week – at a cost of $6.4 billion.
30 comments
1- How many jobs were LOST?
2- How many of these alleged new jobs are PT?
3- How many are government, produce-nothing- jobs?
4- Are we being given false numbers again?
With the level of deceit, spin and outright lies in the federal gov’t under Obama, with an @$$-kissing media, you have to use self-journalism…since the “Journalists” are as big of Eff-Ups as the corrupt politicians.
Correct at the time of reading.
Generally, when numbers are reported like this it is a net number, in this case a net add. There are millions of jobs lost and millions of jobs added each month (according to a number of reports/studies I’ve read).
I was on pins and needles. I was so impressed that you counted to 4.
Most anyone I’ve known that was on unemployment said it didn’t pay much at all, and were very eager to get off of it ASAP. I think a lot of the people who lost jobs and use safety net programs would much rather be on their feet if they could help it. No one is comfortable scraping pennies to get by, which a lot of those on unemployment pretty much have to do.
If they want to work, and we want them to work, and the government collects more taxes when they work….
Why extend unemployment?
Look were getting Vote downs, wanta bet it’s SCBlueWoman?
No man. I gotta save my money for the Repuklicrats and Demliturds to give to her. :)
Wish they would show the people that vote down.
I’ve spent almost 2 weeks, 2 physicals, 2 drug test, to be hired for a modest job. I made a bad mistake in saying I had a scar. In 1995, I had a cysist removed, non cancerous and never came back. The corporate big dogs still have me on hold.
I would try to hire out as a consultant/sub.
Buy the software and start acquiring clients!! You’ll make more money anyway.
Sorry to hear about your problems. :(
There must be many more people you don’t know that don’t feel the same way the people you know feel. If the many more people you know were eager to get off it ASAP there would be no emergency, as the President calls it.
Not at the article.
BFD. We need something on the order of 360k just to keep up with population growth. In the Shitter again XP. ObamaFailsAgain
Let the government crutch end, so the people who voted for REVENGE will have it exacted on them, like it has been on the moral and hardworking…
Then maybe we will NEVER make such a big National mistake, as Obama, again….If you don’t suffer for putting a hateful, Anti-American Bigot in office, all is in vain.
I have done well with the Dow over 16,000..! The stock market has DOUBLED since he came into office, and the deficit is coming down rapidly.
You’ve simply gotten an immoral government subsity fo the invenstment-level rich, given tio Wall St. by Obama, to the tune of $85 Billion a month in known as QE…
Just more taking from the working.
Just more taking from the working.
That wouldn’t be any concern of yours.
Ever notice Tango gets his panties in a bunch when some good news comes while the black man’s in charge? He talks about wanting America to get back again, but only if it’s on Huckabee or another zealot’s watch.
Get your head out your @$$ and quit sucking the D!*k of the liberal fable…Dumb@$$…
Huckabee is a moderate…and agrees w/ your stupid, failed @$$ too much of the time…
You just hate him because he’s a Christian, or says he is…
Who you want to see win it, Tango? You were kicking so much ass in 2012’s elections. :)
Lord only knows why we put your Disaster back in, in 2012…and I hope you’re not so F*#king stupid that you’re glad Obama won…
My candidate may have lost, but so has America. Only an ignorant son of a B!*ch would not acknowledge that.
So I have been vindicated….unfortunately….
Again, who do you want to see win it?
How many jobs walked out the fucking door on Bush’s watch?
The national unemployment rate under Bush averaged 5% for 8 years…and salaries rose.
It’s double that, w/ declining salaries and rising taxes…..under Obama…Obama is ALLL Bad news. You’re either stupid or a liar to say otherwise….
Didn’t stay that way for long do it?
Too Many. Not the point though. Bushy is gone. Obutthead will be soon enough (if not sooner). Question is what do you (your opinion) about it?
I would like to see a working Congress, a REAL jobs bill, weed in all states and a case of free beer…maybe less BS from nutjobs…I know, a big dream…
Well, the company pictured with the story generated the sale of at least two Motorola DTR-550’s. One is on the belt of the guy in the foreground and there is at least one more somewhere that is connected to that one.
Duncan, SC — Arvato Digital Services is closing its Duncan facility this year, leaving up to 130 full-time workers without a job.
The closure is based on excess capacity and costs in Arvato’s supply chain business, said Tom Goben, vice president of operations.
“With three North American sites focused on these same services it was determined that business levels were not sufficient to support this level of supply chain network and infrastructure,” he said.
Duncan is one of six U.S. locations for Arvato, who’s website shows worldwide employment of more than 68,000 for the Germany-based company.
Goben said other U.S. sites aren’t expected to be impacted. Customers of the Duncan facility will be relocated to Arvato facilities in Louisville, Ky., and Pleasant Prairie, Wisc.
Workers impacted include those in distribution and logistics, management, operations supervision, and administrative andaccount services, the company said.
Goben said employees at the 300,000-square-foot Duncan facility will receive job search assistance and opportunities for severance as the company transitions its customers over the next several months, completing the closure by June 30.
Attention Queen Haley rushes out to announce Jobs Lost…..yeah
90 million people are unemployed. That is a DISGRACE. Unless you HATE America…like so many Obamites do…you should be screaming at the White House to quit punishing the people of our country….