Fuel prices are staging a surprisingly strong winter rally, putting an end to $2-a-gallon gasoline for now.
The national average gas price at the pump has climbed for 28 consecutive days to $2.30 a gallon on Monday, according to AAA, and are at a 2½-month high in the futures market. Diesel futures are up 20.1% this year.
The national average gas price at the pump has climbed for 28 consecutive days to $2.30 a gallon on Monday, according to AAA, and are at a 2½-month high in the futures market. Diesel futures are up 20.1% this year.
Who was the retarded dimocrap in Congress who suggested about a month ago that it would be a great idea to raise the federal gas tax since motorists would not mind? The reasoning was fuel prices were so high for so long, and now that they were low again, it wouldn't be such a burden. I could swear it was Debbie Wasserman Schulz...not 100% sure though.
It's just too bad that was never implemented...I'm sure the gov't would have immediately rescinded the new tax now that oil prices are rising again.
hno:With today's jobs report we get:
1. Lowest job creation numbers since December 2013
2. Previous estimates of jobs created revised downward.
And:
“The unemployment rate for black communities is at a crisis level, even as the economy gets closer and closer to a full recovery,” said Valerie Wilson,an economist at the left-leaning Economic Policy Institute.
The unemployment rate for blacks is typically twice as high as the rate for whites, she said, but since the recession, that gap has increased. While white unemployment dropped to 4.5 percent in the last quarter of 2014, for example, black unemployment remained at 11 percent. Median hourly wages for black workers have dropped by 3.6 percent since the start of the recession, falling twice as much as for whites.
Long-term unemployment remains a problem for older workers. A report issued by the AARP Policy Institute this week noted that last year, on average, 45 percent of job seekers aged 55 and older were out of work for 27 weeks or more.
Of course the moron who started this thread is clapping.
1. Lowest job creation numbers since December 2013
2. Previous estimates of jobs created revised downward.
And:
“The unemployment rate for black communities is at a crisis level, even as the economy gets closer and closer to a full recovery,” said Valerie Wilson,an economist at the left-leaning Economic Policy Institute.
The unemployment rate for blacks is typically twice as high as the rate for whites, she said, but since the recession, that gap has increased. While white unemployment dropped to 4.5 percent in the last quarter of 2014, for example, black unemployment remained at 11 percent. Median hourly wages for black workers have dropped by 3.6 percent since the start of the recession, falling twice as much as for whites.
Long-term unemployment remains a problem for older workers. A report issued by the AARP Policy Institute this week noted that last year, on average, 45 percent of job seekers aged 55 and older were out of work for 27 weeks or more.
Of course the moron who started this thread is clapping.
[h=1]RECORD 93,175,000 AMERICANS NOT IN THE LABOR FORCE[/h]
REUTERS/MARK MAKELA
by CAROLINE MAY3 Apr 2015200
More Americans dropped out of the labor force last month, as the number of people not in the labor force hit another record high in March.
According to Friday’s Bureau of Labor Statics jobs data 93,175,000 Americans were not in the work force in March, an addition of 277,000 to February’s level of 92,898,000.
The BLS defines people not in the labor force as people ages 16 and older who are neither employed nor have they “made specific efforts to find employment sometime during the 4-week period ending with the reference week.”
The work force decline also corresponded with a drop in the labor force participation rate, wherein March’s rate of 62.7 percent matched earlier lows seen September and December 2014 but not seen before since in 1978. February’s participation rate was 62.8 percent.
March was the first month on record where the number of people not in the labor force — whether due to discouraged worker, baby boomers hitting retirement or otherwise — surpassed 93 million.
by CAROLINE MAY3 Apr 2015200
More Americans dropped out of the labor force last month, as the number of people not in the labor force hit another record high in March.
According to Friday’s Bureau of Labor Statics jobs data 93,175,000 Americans were not in the work force in March, an addition of 277,000 to February’s level of 92,898,000.
The BLS defines people not in the labor force as people ages 16 and older who are neither employed nor have they “made specific efforts to find employment sometime during the 4-week period ending with the reference week.”
The work force decline also corresponded with a drop in the labor force participation rate, wherein March’s rate of 62.7 percent matched earlier lows seen September and December 2014 but not seen before since in 1978. February’s participation rate was 62.8 percent.
March was the first month on record where the number of people not in the labor force — whether due to discouraged worker, baby boomers hitting retirement or otherwise — surpassed 93 million.
