Millions of Americans are struggling and economic disparity is growing. The false promise of “fairness” has not, and never will, deliver on the its promises; nor will the politicians who profess them. The Bureau of Labor Statistics jobs reports for 2013, have demonstrated this disparity, as the only private sector jobs come from wealthy positions, and service positions who take care of the wealthy. Don’t take my word for it – read the reports for yourselves below. The American manufacturing sector is on life support, and with it, the millions of Americans who make up – or did make up – middle class America.
- April Jobs Report Highlights – 165K private sector jobs – 7.5% unemployment – 63.3% Labor Participation
- March Jobs Report Highlights – 88K private sector jobs – 7.6% unemployment – 63.3% Labor Participation
Manufacturing Index Measures
May 16 – The Philadelphia Federal Reserve Bank said its business activity index dropped to minus 5.2 from 1.3 in April, worse than economists’ expectations for a slight gain to 2.4. New orders fell to minus 7.9 from minus 1, the lowest level since June of last year. The gauge of the number of employees declined to minus 8.7 from minus 6.8.
May 3 – The Institute for Supply Management’s gauge of service sector activity fell to 55.0 in April from 56.5 in March, missing expectations of 56.0
- February Jobs Report
- January Jobs Report