Labor

Authored by Mike Shedlock via MishTalk.com,

President Trump, like President Obama before him, point out the low unemployment rate as a measure of success.

What they don’t point out are masses of people on welfare via fraudulent disabilities, people in school wasting money in dead-end retraining exercises, people who have simply given up looking for a job, and people in forced retirement needing Social Security payments to survive.

As Republicans sit on the precipice of fumbling what will likely be their one opportunity to repeal and replace America's failed Obamacare experiment, a new study just released by The Commonwealth Fund found that the U.S., despite spending more money per capita than any other country on the planet, has the worst healthcare system in the developed world.

Sir Richard Branson once said that the quickest way to become a millionaire was to take a billion dollars and buy an airline. But, as EnerVest Ltd, a Houston-based private equity firm that focuses on energy investments, recently found out, there's more than one way to go broke investing in extremely volatile sectors. 

Authored by Mike Shedlock via MishTalk.com,

Since 2010, the highest year-over-year wage increase in any month for production and nonsupervisory employees is near 2.6%.

For a two-year stretch between summer of 2011 and summer of 2013 wage increases less than 2% were the norm.

Yet, firms complain about labor costs while simultaneously complaining about the lack of workers. 

Bloomberg reports Firms Under Pressure as Labor Drought Grows, U.S. Survey Shows.

A slight majority of U.S. adults, 53 percent, would say ‘no’ when asked if they were likely or unlikely to hire a woman for a public role who had hair on her face.

You will find more statistics at Statista