Labor

Considering that during the Obama administration, the only job category that has performed remarkably well has been fast food workers, waiters and bartenders, a category which has added 571,000 jobs since 2014 as the US has lost 34,000 manufacturing workers in the same period...

... it is perhaps fitting that the next Labor Secretary will be the CEO of fast food chains.

Trump and Andy Puzder, CEO of CKE Restaurants, walk from Trump National Golf Club Bedminster clubhouse in Bedminster, N.J.

Lest you thought Trump's deal to save Carrier jobs was a blatant attempt to takeover the stereotypical Democrat role of endlessly pandering to union bosses, think again.  After coming under attack from Chuck Jones, President of the United Steelworkers 1999, for "lying his ass off" about the Carrier deal, Trump blasted the union boss with a mini tweet storm of his own saying that Jones should "spend more time working-less time talking."

Dismal Jobs Report

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Paul Craig Roberts

The presstitute media delivered the false news, not from Russian propaganda websites such as the Washington Post accuses this one of being, but from Obama’s US Bureau of Labor Statistics. The false news is that the collapsing economy continues to boom with 178,000 new jobs in November and a further fall in the rate of unemployment to 4.6%.

What are the facts? Nothing you will ever hear from the presstitutes or the corrupt Obama regime.

On Wednesday the BLS reported Janet Yellen's favorite labor market indicator, the JOLTS survey, which as expected (since it tracked the modestly weaker October payrolls) showed that in October, the number of job opening dropped from the upward revised September print 5.631 million to 5.534 million, down some 97,000, if modestly better than the 5.5 million expected.  The number of job openings declined to a series low in July 2009, one month after the official end of the most recent recession.

Last week, Dallas Mayor Michael Rawlings sent a scathing letter to the Dallas Police and Fire Pension (DPFP) Board demanded that withdrawals be halted immediately until the "solvency and actuarial soundness of the Pension System is restored."  That said, the Mayor's request was seemingly ignored as he has now filed a lawsuit with the Dallas District Court to force the pension board to halt withdrawals amid a "run on the bank."