Republicans have set a deadline for when their DHS funding bill, which includes a massive foreign worker expansion, can be amended.
The nation’s biggest banks on Wall Street, investment firms, and pharmaceutical companies are among a number of multinational corporations throwing their support behind a plan from New York Gov. Kathy Hochul (D) that would have American taxpayers bail out the sanctuary state for an illegal immigration influx.
Today’s JOLTS data provided reassurance to monetary policymakers that inflationary pressures from the labor market may be retreating.
New claims for unemployment benefits declined by 10,000 last week to 230,000, the lowest level in three weeks.
NY Gov. Kathy Hochul is enthusiastic about mass immigration as a boon for businesses hoping for an endless flow of foreign workers to hire.
Experts at the Heritage Foundation say House Republicans ought to axe a massive foreign worker expansion slipped into their Department of Homeland Security (DHS) funding bill.
The Wall Street Journal editorial board is slamming Florida Gov. Ron DeSantis (R) for signing a sweeping mandatory E-Verify bill into law that prevents industries across the state from hiring illegal aliens over Americans and legal immigrants.
Today’s jobs report data is likely enough to lock-in a Fed rate hike.
While the notion that the labor market has been softening underneath the strong headline figures is increasingly popular, the evidence marshaled to support it is not very strong.
Companies in the United States have announced, so far this year, more than 400,000 layoffs — more than the layoffs announced in all of last year. The job cuts come as Democrats, on behalf of business special interests, demand more foreign competition in the labor market for employers to hire.
No sign of businesses shedding workers at a more rapid rate.
The labor market is still refusing to cooperate with the narrative that the economy is softening.
The number of foreign nationals holding jobs in the United States has hit the highest level since the Labor Department began tracking the data in 1996 as the employment of native-born Americans declines, a trend under President Joe Biden.
Claims show no evidence of a trend toward a softer labor market.
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.
The Department of Labor said initial jobless claims rose by 22,000 to a seasonally adjusted 264,000 last week.
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.
Initial claims climbed by 5,000 to a seasonally adjusted 245,000, the Labor Department said.
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.
The number of continuing claims, however, fell in the previous week, suggesting a labor market that is still tight.
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.
The number of job openings fell to 9.931 million as of the last day of February.
The labor market is still incredibly tight.
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.
Could Linkedin and ZipRecruiter be the canaries in the coal mine for the U.S. labor market?
At the end of 2022, 1.9 million fewer Americans were working than in 2019 before the Chinese coronavirus pandemic while President Joe Biden’s administration has funneled two million additional foreign workers into United States jobs.
Trying to bring down inflation by opening the U.S. to more immigrants is a bit like trying to bail out a boat with a sieve.
Demand for labor is still super hot.
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.
The arrival of soft wage data and stronger than expected productivity data this week has reignited hopes that the U.S. economy could achieve a “soft landing” in which inflation comes down steadily without a serious slump in the economy.
Fed chairman Jerome Powell described the labor market as extremely tight. Jobless claims indicate that it may be getting even tighter.
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.
The layoffs in tech announced over the past month or so have many asking if this is a bellwether for the broader labor market.
This morning’s jobless claims were the latest piece of evidence that the labor market remains extremely hot even as other economic data appears to be foreshadowing a plunge in economic activity.
Claims for unemployment benefits fall to a four-month low.
The labor market remains seriously out of balance, and the Federal Reserve is not likely to relent so long as this remains true.
