With food shortages coming, it’s a smart move to order organic, cooked, freeze-dried chicken for long-term storage from Prepper Organics.
The US unemployment rate fell to 4.6% in October 2021, the lowest since March 2020. The labor market continued to gradually recover from the pandemic hit, helped by a surge in demand for labor, record levels of job openings, the expiration of enhanced jobless benefits, and the subsiding summer wave of COVID-19 infections. See here the source data and a chart below. Total job openings are 10.44 million openings seasonally adjusted to record levels. This is a huge number and is up 47% from two years ago. So there are millions of unfilled jobs for Americans. Learn more here and see the summary chart below. There is the lowest number of Americans filing for first-time jobless benefits since 1969. Since unemployment is so low and jobs are so plentiful relative to those looking for a job, obviously, one can not claim jobless benefits if no one is being laid off. See chart below. Some may say that the Biden jobs success is due to paying people to stay home. This was true, but not anymore. The total number of Americans on some form of government dole is 3.1 million. This is slightly higher than prior to Covid, however, the government aid from Covid has largely ended in September of 2021. See chart below. So all this looks rosy for the Biden administration’s jobs policies – correct? Well, not so fast.
First off, with all the trillions in government stimulus and Fed stimulus, AND with inflation running so hot (learn more here ) – why is the Fed not raising interest rates to stamp out inflation? What do they know that most Americans don’t know?
The dirty little secret is the labor force participation rate. The labor force participation rate was unchanged at 61.6% in October 2021 and has remained within a narrow range of 61.4% to 61.7% since June 2020. See source data here and a summary chart below. The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The US labor force reached a high of 164.6 […]
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
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