New data paints a less promising picture of Minnesota's job market
By: Adam Belz September 26, 2014
The Bureau of Labor Statistics has released its most recent Quarterly Census of Employment and Wages, the higher-quality but time-delayed job statistics that go deep into the state and county level.
The numbers, now available through the first quarter of 2014, paint a less promising picture of job growth in Minnesota last year than we've been seeing in the monthly job numbers.
According to the new data, which everyone agrees is more reliable than the monthly numbers, Minnesota ranked 41st in the nation in private sector job growth from March 2013 to March 2014, with a growth rate of 0.8 percent. That ranks last in the Midwest. READ MORE: http://m.startribune.com/blogs/277231662.html
Obama Administration Released Over 600 Illegal Immigrants With Criminal Convictions
That’s according to a new report today from the inspector general for the Department of Homeland Security.
According to the IG’s report, at least two-dozen “aliens” were released by Immigration and Customs Enforcement even though they were in a “mandatory detention category.” (After an internal review, ICE later redetained them.)
The report provides a scathing portrayal of budget mismanagement and flawed processes at the highest levels inside the nation’s immigration enforcement agency. Read More: http://dailysignal.com/2014/08/12/obama-administration-released-600-illegal-immigrants-criminal-convictions/?utm_source=heritagefoundation&utm_medium=email&utm_term=headline&utm_content=140816&utm_campaign=saturday&mkt_tok=3RkMMJWWfF9wsRonv6nKZKXonjHpfsX57esoWKSxlMI%2F0ER3fOvrPUfGjI4ARMJjI%2BSLDwEYGJlv6SgFQrLBMa1ozrgOWxU%3D
MN 2014 Session Summary: Republicans bring 'balanced' message to Minnesotans
Updated: May 19, 2014
Under the “leadership” of Governor Mark Dayton, Minnesota Democrats passed billions of dollars in new wasteful government spending leaving Minnesota families with higher bills, less opportunity, and less hope for the future.
A Quick Guide to Obama's 2015 Budget
Check out the infographic to see just a few of the disturbing things found in the proposed Obama 2015 budget.
Look Out for Small MN Businesses
By Tony Albright, your Minnesota House Representative for District 55B
Small businesses make up a huge part of our economy and are crucial to driving Minnesota forward with strong private-sector job growth. Our entrepreneurs are hard-working, smart, resilient and innovative. Some of the most successful technological advances have come from our small businesses right here in Scott County.
I spend time in October touring many businesses large and small, including several small businesses in Monticello and Albertville as a member of the House Small Business Caucus. We spoke to many business owners and employees who are worried about the future thanks to burdensome regulations and taxation from Minnesota’s Democratic leadership.
Gov. Mark Dayton and DFL lawmakers passed the largest tax increase in state history last May, jeopardizing the projected revenue growth and job creation our small businesses were planning for: These new attacks on business owners, along with the devasting impact of unaffordable health insurance changes from Washington (Affordable Care Act aka. ObamaCare), could force many of our businesses to shut down or move operations elsewhere. Well-paying jobs are being put at risk everyday thanks to reckless policies that ignore how our free market works.
Some of the major concerns from businesses I met with related to taxes, regulations, education and workforce training, including:
- The medical device tax as part of the ACA
- The tax on equipment repair as part the 2013 Omnibus Tax bill passed by the DFL-lead legislature. Twenty-eight states do not impose such a tax.
- Higher income taxes as part of the 2013 Omnibus Tax bill. Ninety-two percent of the businesses pay taxes at the individual income rate.
- Technical education and workforce training given that one in seven jobs in Minnesota comes from manufacturing.
- Raising the minimum wage significantly. Family-owned businesses will be faced with cutting work hours, laying-off employees or shutting down altogether.
- Excessive regulation from state agencies that consumes too much time and resources for small businesses.
ROLLOUT ON OBAMACARE IN MINNESOTA
The news about the ACA can be difficult to sift through. Not a day goes by without news of problems at our state-based ObamaCare exchange or the federal health hub, healthcare.gov.
Minnesota taxpayers are financing our newest Minnesota agency to enforce the act, MNSure, at a cost of at least $160 million. The program has ZERO completed enrollees so far, and most who have signed up are GOVERNMENT ASSISTANCE APPLICANTS, not private market health plan customers.
The bottom-line is unfortunate: The new health law will hurt many and help few. Just this week, it was announced 140,000 Minnesotans will lose their health plans under the law. Nationally, its estimated about 15 million people will lose their current health plans, which could rise to as high as 93 MILLION LOSING THEIR HEALTH PLANS once the employer mandate kicks-in (according to Forbes). Others will pay much more to cover their families than they currently pay. Some employers will have NO CHOICE BUT TO STOP COVERING EMPLOYEES or choose lesser plans with high deductibles. In Scott County, many families will have to choose between new expensive plans and other costs, like groceries or the heating bill.
Contact Representative Tony Albright at Tony.Albright@house.mn.gov or by phone at: (651) 296-5185
October: Unemployment Ticks up Slightly to 7.3%, Still Millions of Jobs Short from Pre-Obama Numbers
Nov 08, 2013 from excerpts by Daniel Doherty
The Bureau of Labor Statistics (BLS) released the October jobs. All in all, the jobs report is an indication that the economy is indeed growing, but we aren’t anywhere close to where we need to be in terms of reaching 2008 employment levels, before the recession hit. Alas, we still have a long way to go.
Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services,manufacturing, and health care.
The jobs report greatly exceeded most economists’ expectations, but only moves the economy “from weak territory into the merely mediocre” -- a good thing, obviously. It's also worth noting that the jobless rate was also probably skewed upwards due to the partial government shutdown last month.
But the amount of jobs added is bright spot for the still struggling economy.
Black Unemployment Rises to 13 Percent
Nov 6, 2013 from excerpts by Daniel Doherty
Echoing syndicated columnist Charles Krauthammer’s sentiments on ‘Special Report’ a few weeks back that Jim Crow is dead, I also believe that lowering the black unemployment rate (if it isn’t already) should be a top priority for civil rights leaders everywhere. Via CNS News and the Green Room:
The unemployment rate in the African American community climbed from 12.6 percent in July to 13.0 percent in August, according to data released today by the Bureau of Labor Statistics.
At the same time, the number of African Americans 16 year [sic] or older who held jobs dropped from 16,318,000 in July to 16,108,000 in August--a decline of 210,000.
The labor force participation rate in the African American community dropped from 61.4 percent in July to 60.8 percent in August. The 60.8 percent African American labor force participation rate in August was the lowest that rate has been since July 1982.
When President Barack Obama took office in January 2009, the African American labor force participation rate was 63.3 percent.
The overall jobs report hardly seems encouraging, but African-American teenagers are doubtless suffering -- perhaps more than any other demographic. To that end, I eagerly await Al Sharpton’s joint statement expressing their outrage and indignation over this disturbing trend.
Just How Distorted is the U.S. Unemployment Rate Number?
September, 2013 from excerpts by Mike Shedlock
On the first Friday of every month, I go through the jobs report and note the grossly distorted statistics. For example, please see BLS in Wonderland written Friday, September 6
Every month I conclude with a couple paragraphs like these:
Grossly Distorted Statistics
Were it not for people dropping out of the labor force, the unemployment rate would be over 9%. In addition, there are 7,911,000 people who are working part-time but want full-time work.
Digging under the surface, much of the drop in the unemployment rate over the past two years is nothing but a statistical mirage coupled with a massive increase in part-time jobs starting in October 2012 as a result of ObamaCare legislation.
This past month I had a couple of extra paragraphs:
Compared to recent Gallup surveys, these BLS stats regarding the base unemployment rate and the alternative measures as well are straight from wonderland. For details, please see Gallup Says Seasonally-Adjusted Unemployment Climbs to 8.6%; Who to Believe (Gallup or the BLS)?
I believe Gallup. Thus, I expect more downward revisions in jobs, and upward revisions in the unemployment rate.
The participation rate of those 25 to 54 has been in steady decline since the year 2000 except for a slight uptick in the housing boom years. Allowing 6-7 years after high school for college education, most of those 25 should be looking for a job or have a job. Yet the trend is unmistakable.
“Not in Labor Force Want a Job” Group
To be in the labor force you have to want a job and look for a job. To be "unemployed" you have to be in the labor force.
At the start of the recession, there were 4,648,000 people who wanted a job but were not considered unemployed. There are now 6,285,000 people who want a job now but do not have one. That is an increase of 1,637,000.
Adding just the increase back would raise the labor force to 157,123,000 from 155,486,000. It would raise the number of unemployed to 12,953,000 from 11,316,000. And it would raise the unemployment rate to 8.2%.
But why stop there?
It's All In the Definition
The definition of "unemployed" is what it is (for political reasons), but by my more practical definition "you are unemployed if you want a job and do not have one", the corresponding numbers would be as follows:
- Labor Force: 155,486,000 + 6,285,000 = 161,771,000
- Unemployed: 11,316,000 + 6,285,000 = 17,601,000
- Unemployment Rate: 17,601,000 / 161,771,000 = 10.9%
Demographics sure do not explain that chart so something else must. The answer is threefold:
- Rampant Disability Fraud
- It Doesn't Pay to Work
- School: Kids stay in school for advanced degrees because there are no jobs, and middle-aged persons out of a job going back to school.
Rampant Disability Fraud
I have talked about disability fraud on numerous occasions. Here are a few examples:
- Disability Fraud Holds Down Unemployment Rate; Jobless Disability Claims Hit Record $200B in January
- 2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate; Will Higher Disability Taxes Fix the Problem?
- Unwilling to Work; 25% in Hale County AL Collect Disability, 14 Million Nationwide; A Simple Solution
It Doesn't Pay to Work
The second reason the unemployment rate is artificially low is "It Doesn't Pay to Work".
I wrote about this recently in Why Work for $7.25 When Welfare Pays $15.00 in 12 States and $8.00 in 33 States? Is a Low Minimum Wage the Problem?
I hardly think hiding out in school because there are no jobs (when you really want a job) should constitute someone being "not in the labor force" (yet it does).
So What's the Real Unemployment Rate?
If you use my definition, "you are unemployed if you want a job and do not have one" then the starting point is 10.9%.
But what about those who do not have a job and don't want a job because of disability fraud or welfare considerations?
Factor that in and the unemployment rate would be several points higher, say 14-15%.
However, that does not count another 7% who have a part-time job but want a full-time job.
So if you watch the unemployment rate drop month after month, and you think the number is grossly distorted and totally void of common-sense reality, you are absolutely correct.
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