THE DOCTRINE OF THE N.A.F.T.A. GLOBALIST DEMOCRATS IS TO SERVE THE BILLIONAIRE CLASS WITH ENDLESS WAVES OF INVADING 'CHEAP' LABOR SUBSIDIZED WITH WELFARE FUNDED BY TAXES ON MIDDLE AMERICA.
In many speeches, Mayorkas says he is building a mass migration system to deliver workers to wealthy employers and investors and “equity” to poor foreigners. The nation’s border laws are subordinate to elites’ opinion about “the values of our country,” Mayorkas claims.
President Biden takes credit for the post-COVID resurgence in job creation. (Photo by Getty Images)
(CNSNews.com) - Non-farm payrolls added 428,000 jobs in April, in line with the the consensus estimate of around 400,000, the Labor Department's Bureau of Labor Statistics reported on Friday.
The number of employed people fell to 158,105,000, a decrease of 353,000 from the prior month. But the number of unemployed people -- those who have actively looked for work in the prior four weeks and are currently available for work -- also dropped by 11,000 to 5,941,000.
The April unemployment rate held steady at 3.6 percent, the same low rate as it was in March. But the labor force participation rate is moving in the wrong direction.
In April, the civilian non-institutional population in the United States was 263,559,000. That included all people 16 and older who did not live in an institution, such as a prison, nursing home or long-term care facility.
Of that civilian non-institutional population, 164,046,000 were participating in the labor force, meaning they were either employed or unemployed -- they either had a job or were actively seeking one during the last month. This resulted in a labor force participation rate of 62.2 percent in April, down from 62.4 percent in March.
The participation rate was 61.4 percent when Joe Biden took office. Today's number, 62.2 percent, is still below the Trump-era high of 63.4 percent in February 2020, just before COVID shut things down.
The number of Americans counted as not in the labor force -- they had no job and were not looking -- now totals 99,513,000, or 478,000 more than it was last month.
This not-in-the-labor-force group has continued to grow over time, boosted by the growing number of Baby Boom retirees. But the number continues to drift down from the all-time pandemic high of 103,538,000 in April 2020, when millions of Americans dropped out of the labor force.
Among the major worker groups, the unemployment rates for adult men (3.5 percent), adult women (3.2 percent), teenagers (10.2 percent), Whites (3.2 percent), Blacks (5.9 percent), Asians (3.1 percent), and Hispanics (4.1 percent) showed little or no change over the month.
In April, 7.7 percent of employed persons teleworked because of the coronavirus pandemic, down from 10.0 percent in the prior month. These data refer to employed persons who teleworked or worked at home for pay at some point in the 4 weeks preceding the survey specifically because of the pandemic.
Employment in leisure and hospitality increased by 78,000 in April. Job growth continued in food services and drinking places (+44,000) and accommodation (+22,000). But employment in leisure and hospitality is down by 1.4 million, or 8.5 percent, since February 2020.
Average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents, or 0.3 percent, to $31.85 in April. Over the past 12 months, average hourly earnings have increased by 5.5 percent.
The change in total nonfarm payroll employment for February was revised down by 36,000, from +750,000 to +714,000, and the change for March was revised down by 3,000, from +431,000 to +428,000. With these revisions, employment in February and March combined is 39,000 lower than previously reported.
As Federal Reserve Chairman Jerome Powell said earlier this week, the labor market is "unbalanced" because there aren't enough willing workers to fill the available jobs. BLS reports the number of job openings reached a record high of 11.5 million on the last business day of March.
Fed Chairman: Demand for workers outstrips supply
"The labor market has continued to strengthen and is extremely tight," Federal Reserve Chairman Jerome Powell told a news conference on Wednesday.
"Labor demand is very strong, and while labor force participation has increased somewhat, labor supply remains subdued. Employers are having difficulties filling job openings, Powell said, noting that there are almost 2 job vacancies for every one unemployed person.
"There's a labor shortage," Powell said. "There aren't enough people to fill these job openings and companies can't hire. And -- and -- and wages are moving up at -- at levels that would not over time be consistent with 2 percent inflation over time.
"And of course, everyone loves to see wages go up, and it's a great thing, but you want them to go up at a sustainable level, because these wages are, to some extent, being eaten up by inflation.
"So, what that really means is, to get the kind of labor market we really want to get -- we really want to have a labor market that serves all Americans, especially the people in the lower income part of the distribution, especially them. To do that, you've got to have price stability (lower inflation). And we've got to get back to price stability so that we can have a labor market where people's wages aren't being eaten up by inflation and where we can have a long expansion, too."
Powell said he expects job creation to slow, now that the Fed has raised interest rates and plans to take other steps to combat inflation: "Job creation has been at, you know, more than a half a million per month in recent months; very, very strong, particularly for this stage of the economy. And so we think with -- with fiscal policy less supportive, with monetary policy less supportive, we think that job creation will slow as well."
Powell said the goal is to bring the supply of labor and the demand for labor back into balance:
"So we think through our policies, through further healing in the labor market, higher rates, for example, of vacancy-filling and things like that, and more people coming back in, we like to think that supply and demand will come back into balance and that, therefore, wage inflation will moderate to still high levels of wage increases, but ones that are more consistent with 2 percent inflation. That's -- that's our expectation."
Powell said it's a "good time to be a worker" who's looking to either change jobs or get a pay raise in their current job: "So it's a strong economy, and -- and nothing about it suggests that it's -- that it's close to or vulnerable to a recession. Now, of course, given events around the world and fading fiscal policy effects and -- and higher rates, you -- you could see some slower economic activity."
Biden Grants Amazon $10B Contract Despite Pledge to Oppose Union-Busting
President Joe Biden has given Amazon, for which billionaire Jeff Bezos serves as chairman of the board, a $10 billion federal contract despite having pledged to American union workers not to reward corporations accused of union-busting tactics.
For years, Amazon has been accused of trying to prevent its warehouse workers across the United States from unionizing amid reports that the corporation has put its workforce in dangerous scenarios under ruthless shipping quotas.
In August 2021, the National Labor Relations Board (NLRB) found that Amazon had violated labor laws preventing its warehouse workers from unionizing when they tried to do so in Bessemer, Alabama. In February, Amazon was again accused of trying to prevent the warehouse workers from unionizing at the Alabama facility.
Last month warehouse workers at one of Amazon’s facilities in Staten Island, New York, voted to form the corporation’s first labor union. Amazon is now challenging the vote to unionize. Following the vote, Amazon has reportedly fired more than six of the Staten Island warehouse managers who fought to form the union.
A report from the Lever reveals that the Biden administration, despite Amazon’s history of interfering in unionization efforts, has rewarded the corporation with a massive federal contract after having vowed not to do so.
A day later, Nextgov reported that Biden’s National Security Agency (NSA) ratified a $10 billion cloud computing contract for Amazon, which hired the brother of Biden’s top aide as a lobbyist days after the 2020 presidential election. The contract for the company’s web services division is codenamed “Wild and Stormy,” and is distinct from another massive Pentagon cloud contract on which Amazon is also currently bidding. [Emphasis added]
A few days after Amazon received the NSA contract, the Amazon Labor Union lost its second union election bid by a 2-to-1 margin at another Staten Island warehouse, after Amazon mounted a furious campaign to halt the organizing drive. [Emphasis added]
In effect, while Amazon was doubling down on its union busting, the Biden administration was delivering a massive federal contract to the company, signaling to Amazon executives that he is so far not interested in fulfilling his pledge to use the government’s purchasing power to be “the most pro-union president.” [Emphasis added]
As part of his campaign promises, Biden laid out a plan to prevent corporations like Amazon from receiving lucrative federal contracts after having been accused of union-busting tactics.
He promised to “ensure federal dollars do not flow to employers who engage in union-busting activities, participate in wage theft, or violate labor law.”
Biden’s campaign pledge states:
Biden will institute a multi-year federal debarment for all employers who illegally oppose unions, building on debarment efforts pursued in the Obama-Biden administration. [Emphasis added]
…
[Biden] will ensure federal contracts only go to employers who sign neutrality agreements committing not to run anti-union campaigns. He also will only award contracts to employers who support their workers, including those who pay a $15 per hour minimum wage and family sustaining benefits. The tax dollars of hard-working families should not be used to damage the standard of living of those same families. [Emphasis added]
Rep. Alexandria Ocasio-Cortez (D-NY) spoke at a union rally for the warehouse workers late last month but has been silent on Biden’s billion dollar contract for Amazon.
Meanwhile, Sen. Bernie Sanders (I-VT) lobbied Biden to not reward Amazon with a federal contract, stating that the corporation has “time and time again” deployed union-busting tactics to stop warehouse workers from organizing.
“Mr. President: It is abundantly clear that time and time again Amazon has engaged in illegal anti-union activity,” Sanders wrote. “Amazon may be a large and profitable corporation, it may be owned by one of the wealthiest people in America, but it cannot be allowed to continue to violate the law and the rights of its employees. The time has come to tell Amazon that if it wants another federal contract it must obey the law.”
Amazon has notoriously skated by for years without paying federal income taxes. In 2020, the corporation paid federal income taxes for the first time since 2016. The amount paid by Amazon was just $162 million last year, a fraction of its 2019 $13.9 billion pre-tax reported income. For context, Amazon paid in federal income taxes just 1.2% of its pre-tax reported income last year.
Likewise, recent tax filings made public show Bezos paid an average federal income tax rate of less than 24 percent. In many cases, Bezos paid far less in taxes than millionaires earning a sixth of his income.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.
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President Biden takes credit for the post-COVID resurgence in job creation. (Photo by Getty Images)
