Breitbart Business Digest: The Economy JOLTS Back to Overheating
The labor market is still refusing to cooperate with the narrative that the economy is softening.

The labor market is still refusing to cooperate with the narrative that the economy is softening.

The nation’s biggest tech conglomerates continued hiring foreign workers through the H-1B visa program, even as they carried out mass layoffs of American employees, investigative reporter Lee Fang details.

Master Lock, the United States-based padlock manufacturer, is reportedly set to close its factory in Milwaukee, Wisconsin, next year with plans to outsource over 400 American employees’ jobs.

Democrat presidential candidate Robert F. Kennedy Jr. is championing a populist-nationalist approach to the United States economy, vowing to impose tariffs on foreign imports to protect American workers and industries from unfair trade competition.

One sign of a very tight labor market is that very few workers are relocating to take up new positions.

Republicans must be “hammering” away at illegal immigration as “economic warfare” against working- and middle-class Americans, Sen. J.D. Vance (R-OH) told Breitbart News.

During a press conference Thursday, Department of Homeland Security (DHS) Secretary Alejandro Mayorkas detailed his globalist worldview where the United States acts as an economy in which foreign workers can flood the labor market, regardless of the costs to America’s working and middle class.

A man is being called a hero for saving a baby from being hit by a car in Hesperia, California.

The payrolls numbers on Friday add evidence to our thesis that the economy reaccelerated in April after slowing in the prior two months.

Payrolls were expected to rise by 178,000 and unemployment to tick up to 3.6 percent.

Payrolls at private companies grew by 296,000 in April, far more than the 143,000 expected.

Everyone has a job and no one is happy.

The U.S. Chamber of Commerce and special interest groups have launched a lobbying campaign to demand more legal immigration to the U.S. so business has a constant flow of cheaper foreign workers to hire for American jobs.

A group of eight House Republicans joined the majority of Democrats to support President Joe Biden’s suspension of United States tariffs on suspected China-made solar panels. Nonetheless, a bill to reverse the tariff suspension passed the House with support from 209 Republicans and 12 Democrats.

General Motors is reportedly preparing to ramp up its electric vehicle (EV) production in a few months to challenge Tesla as Elon Musk grapples with his own business struggles.

Micron Technology, which manufactures semiconductor products, including USB flash drives, discriminated against qualified Americans when hiring and instead imported foreign H-1B visa workers to take jobs in the United States, a Department of Justice settlement states.

House Democrats parrotted big business talking points, pleading for more overall immigration to the United States to fill open jobs with border crossers, illegal aliens, and foreign visa workers rather than Americans on the sidelines of the labor market.

Close to five million border crossers and illegal aliens have been welcomed into the United States under President Joe Biden, according to figures detailed by Sen. Ron Johnson (R-WI). This is a foreign population that exceeds the populations of 28 states.

Economists had expected the economy to add 230,000 jobs and the unemployment rate to hold steady at the 3.6 percent reported last month.

The first sign all year that Fed hikes may be softening demand for labor.

This is not the sort of jobs report you would expect if the economy was teetering on the edge of a recession.

Job growth was strong in both construction and hospitality.
The number of job openings fell to 9.931 million as of the last day of February.

A special woman from Virginia Beach, Virginia, desperately wants a job and is working hard to find one.

The economy continues to add jobs at a much faster than expected rate.

The market’s expectations for the rate hike coming out of the March meeting of the Federal Open Market Committee (FOMC) moved violently on Tuesday as the Fed chief testified before the Senate Banking Committee.

The Department of Labor said Wednesday that employers had 10.824 million open positions at the end of January, above the expected 10.6 million.

Elected Democrats are making a new pitch for more legal immigration to the United States, teaming up with big business to suggest that green energy jobs ought to be filled with foreign workers rather than Americans on the labor market sidelines.

Around 20 per cent of Germans reportedly fear for their jobs over the country’s green agenda push, research has reportedly found.

Could Linkedin and ZipRecruiter be the canaries in the coal mine for the U.S. labor market?

CHARLESTON, South Carolina — Newly-announced 2024 Republican presidential hopeful Nikki Haley told Breitbart News exclusively that if elected president she hopes to steer jobs to Americans, and not allow illegal aliens to get work in the United States.

Ford Motor Company and China’s Contemporary Amperex Technology Co. (CATL) are planning a $3.5 billion electric vehicle plant in Marshall, Michigan.

The number of people applying for jobless benefits in the U.S. inched up last week, the fourth consecutive week in which new claims have come in below 200,000. The Labor Department said initial claims for state unemployment benefits rose to

President Joe Biden’s administration is growing the United States labor market by adding millions of foreign workers for employers to hire, leaving jobless Americans on the sidelines.

President Joe Biden claimed during his State of the Union Address that he has created nearly double the number of jobs that the next-closest president created in four years on average.

The latest low unemployment numbers and lagging wage gains all point to “more inflation in the pipeline” when workers pinched by high prices demand higher wages and those wages create even more inflationary pressure, explained Breitbart Economics Editor John Carney.

A huge surge in hiring in January defied expectations for the labor market to cool off a bit in the new year.

Rep. Tom McClintock (R-CA) says Democrats cannot explain how flooding the United States labor market with millions of illegal alien workers every year helps better the lives of America’s working and middle class.

Working-class Americans, those in the bottom tenth of wage earners, scored a nearly ten percent wage hike over the last year thanks to a tight labor market, the Wall Street Journal admits.

Billionaire hedge fund manager Christopher Hohn, an investor in Google, admits there is no labor shortage in the United States tech industry despite claims that more foreign visa workers are needed to fill jobs.
