From its founding until the beginning of the 20th century, the United States went from a non-economy to being the world’s largest and wealthiest economy. It achieved this feat on the gold standard mostly, with no central bank, (except for 36 years), and with little or no central planning.
In his weekly Angelus message Wednesday, Pope Francis praised the value of hard work and a willingness to do one’s part for the common good rather than freeloading off society.
Official figures released today have revealed that the number of EU migrant workers has jumped to a dramatic TWO MILLION people, a rise of four per cent on the previous quarter. According to the Official for National Statistics, estimates by
The number of foreign-born people employed in the U.S. dipped slightly in July but remained about three times higher than the number of unemployed native-born Americans, according to data released Friday by the Bureau of Labor Statistics.
The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
Donald Trump vows to bring back the millions of American jobs lost to China and other foreign competitors if voters put him in the White House.
In his only sitdown interview while preparing for the first GOP primary debate on Thursday, former Texas Gov. Rick Perry discussed exclusively with Breitbart News his plan to get Americans back to work amid a crisis with the lowest workforce participation rate since 1979.
Unemployment has been significantly higher in EU countries than in comparable independent nations since long before the financial crisis, according to a new report. The analysis by sociologist Michael Burrage for think tank Civitas shows that throughout the past two
At this year’s annual National Council of La Raza Conference, Kansas City Mayor Mark Holland—a Democrat—boasted that 62 languages are spoken in one school district.
Democratic presidential candidate Bernie Sanders claimed that the “real unemployment” rate is actually 10.5%, almost double the official government figure of 5.3%, during a speech in Portland, ME on Monday. Sanders said, “When you talk about the economy we also
WASHINGTON (AP) — Even after another month of strong hiring in June and a sinking unemployment rate, the U.S. job market just isn’t what it used to be.
The BLS defines people outside the labor force as those ages 16 and older who are neither employed nor have “made specific efforts to find employment sometime during the 4-week period ending with the reference week.” The labor force participation rate also decreased 0.3 percent from last month to 62.6 percent.
The population of Spain has dropped for the third year in a row as hundreds of thousands leave to look for work elsewhere. But although the government has admitted to the population drop, groups representing Spanish migrants have accused it of
Presidential hopeful Sen. Bernie Sanders (I-VT) said youth unemployment is a “national tragedy,” and “It is beyond comprehension that we, as a nation, have not focused attention on the fact that millions of young people are unable to find work and begin their careers in a productive economy.”
After years of resolutely ignoring workforce decline – claiming every downward tick in the nominal unemployment rate was pure, undiluted joyous news, even though most of those ticks occurred because hundreds of thousands of people were giving up and dropping out of the workforce entirely – liberals are falling all over themselves to bang out Tweets and blog posts explaining how it’s a good thing that same nominal unemployment rate just ticked up.
The unemployment rate for African Americans was nearly twice the national average and more than double the unemployment rate for whites last month, according to new jobs data released Friday by the Bureau of Labor Statistics.
In an exclusive interview with Breitbart News, GOP presidential candidate Dr. Ben Carson laid out his plan to combat increasing female unemployment — a way of putting to bed the left’s claim that Republican policies create a war against women.
Investors anxiously await Federal Open Market Committee (FOMC) minutes, like the details of the April 28-29 meeting released Friday. But despite the Fed’s monetary policy purchase of $4 trillion in bonds to drive interest rates to near zero, Fed Chairman
The New York Times asserts that thousands of blacks who once had government union jobs now don’t, and some of the primary reasons for this unemployment are “strong anti-government and anti-tax sentiment” as well as attempts by Republicans to weaken public sector unions.
On Tuesday, the Los Angeles City Council passed a minimum wage law by a 14-to-1 vote margin that continually cranks-up wages for the next five years to $15 an hour. Meanwhile, employers are responding by investing in machines over people.
Long-shot presidential candidate Governor Jerry Brown offered to have California tax-payers double the federal Earned Income Tax Credit for many Californians this week. Though the credit is considered by the IRS Inspector General to have an “improper payment rate” of 22 to 26 percent, Brown wants to give away an additional $380 million in state funds to deflect what Breitbart News has reported as the fact that “California might be 7th Largest Economy, but is 1st in Poverty.”
Ted Cruz is taking a strong stand on Cuba, both in his presidential campaign and in his day job as a senator. He comes by his position naturally.
The practical and spiritual benefits of work and independence are undervalued in America today. It is better for the economy, and for the heart and soul of the individual, to work for $8 an hour than to be paid $12 an hour by the government to do nothing.
American opposition to the Obama administration and GOP establishment’s extremist immigration policies is boiling at an all-time high, a broad survey of polls shows.
While Fresno County is suffering from high unemployment–11.6 percent in February 2015, and 12.0 percent in January 2015–Fresno workers have joined the Fight for $15, a national campaign to raise wages and set the minimum wage to $15.
