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Michigan's most recent jobless rate dipped to a level not seen since August 2000, state officials said today.
The Michigan jobless rate in June 2017 was a full percentage point below the state's June 2016 rate of 4.8 percent.
At the same time, the national jobless rate declined by a half percentage point to 4.4 percent in June.
originally posted by: ConscienceZombie
I don't know what "class" your in but it's a lot easier looking down from somewhere high. I'm a "low-middle class" and I'm surprised I'm not one of the poor.
We can't take these half percent points as a win. Just because people are working doesn't make them better off. The cost of living is so high. I'm in small counties and it's like major city living. It's terrible.
Don't celebrate yet. There's a lot more hurt coming before there's healing.
originally posted by: allsee4eye
a reply to: ConscienceZombie
I'm working class. I work to make a living. I never took welfare. I don't want it even if I need it. I have dignity. Even if I don't have money, I grow my own food to survive.
originally posted by: allsee4eye
a reply to: ConscienceZombie
I'm working class. I work to make a living. I never took welfare. I don't want it even if I need it. I have dignity. Even if I don't have money, I grow my own food to survive.
originally posted by: ConscienceZombie
I don't know what "class" your in but it's a lot easier looking down from somewhere high. I'm a "low-middle class" and I'm surprised I'm not one of the poor.
We can't take these half percent points as a win. Just because people are working doesn't make them better off. The cost of living is so high. I'm in small counties and it's like major city living. It's terrible.
Don't celebrate yet. There's a lot more hurt coming before there's healing.
Poor people should work and become middle class instead of staying home and live off welfare paid for by tax on the rich
originally posted by: allsee4eye
Poor people should work and become middle class instead of staying home and live off welfare paid for by tax on the rich. Society should be dominated by the middle class, not by the poor. If Democrats had their way, it would be like socialism and society would collapse after tax becomes more than 50% of income and the poor become majority of society. Michigan unemployment rate already down to turn of the of millennium level, all thanks to Trump.
Michigan's most recent jobless rate dipped to a level not seen since August 2000, state officials said today.
The Michigan jobless rate in June 2017 was a full percentage point below the state's June 2016 rate of 4.8 percent.
At the same time, the national jobless rate declined by a half percentage point to 4.4 percent in June.
“Russia was actively involved in destabilizing our democracy,” and they had help from “treasonous” Americans, McAuliffe told Isaac Dovere in the latest episode of Off Message podcast, coming Tuesday morning. “Somebody had to give these people a roadmap,” McAuliffe said, though he wouldn’t name names. “So I believe somewhere in this, somebody was directing the Russians on whose names to use, what impact these certain people sending a memo would have on the American electorate. I mean, they just didn’t sit over in some cubicle over there somewhere in MoscoCNBCw and figure this out.” WHAT MCAULIFFE SAID TO TRUMP, over dinner at the White House at the end of February for the National Governors Association reception: “I looked him face to face, four inches from his eyeballs, and said, ‘Everything you have done has hurt my economy.’”
The Trump administration has promised a series of "pro-business" policies, from deregulation to tax reform. It has also begun a crackdown on unauthorized workers already in the U.S. and has proposed new restrictions on those who want to come here. That immigration policy will make it harder to create and fill new jobs, especially in industries that rely most heavily on unauthorized workers, including farming, construction and leisure and hospitality.
A preliminary analysis by the Stephen S. Fuller Institute at George Mason University predicts that the president’s budget in its current form would cause the region to lose at least 20,000 federal jobs and take at least $2.3 billion in federal salaries out of the economy. The same analysis said the budget would eliminate up to 12,000 private sector contractor jobs here by decreasing procurement spending.
the president’s hiring freeze may be having some effect. One economist said the D.C. Department of Employment Services, which processes unemployment insurance requests, reported a substantial uptick in unemployment insurance applications coming from federal workers in January.
Some are also hoping that the president’s plan to increase defense spending by $54 billion will bring new business to federal contractors. But if Trump’s promise to build more planes and ships holds true, the benefits of such a defense build-up will mainly go to shipyards and warehouses in places like Texas and Virginia Beach. The D.C. area’s business community has little in the way of manufacturing.
Donald Trump invariably presents his agenda as prioritizing the American economy over abstract ideals like global cooperation. But that’s not accurate. With decisions like last week’s blustery withdrawal from the Paris climate accord, Trump’s agenda prioritizes some segments of America’s economy over others. He’s attempting to restore the primacy of industries that powered the American economy in the mid-20th century: particularly manufacturing, fossil fuel extraction, and construction. In the process, Trump is sublimating—if not opposing—the needs of the sectors likely to drive more growth through the 21st century: information technology, professional services, clean energy, entertainment, education, tourism, health care.
The Administration's report mentions several broadly supported objectives, including enforcing trade laws and opening markets. But, at its core, the new agenda is a fundamental departure from America's decades-long support for rules-based trade that benefits Americans and the world. While it employs muscular language like "defending sovereignty," it actually risks weakening America's economic standing, creating uncertainty for the U.S. economy, and making it harder for American exporters and workers to seize global opportunities.