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Zandar

Jobapalooza Open Thread

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jorbs

No April Fools joke on the country here, 215K new jobs in March and unemployment up a smidge to 5.0% even as more people entered the workforce.

The 215,000 gain in payrolls followed a revised 245,000 February advance, a Labor Department report showed Friday. Average hourly earnings increased 0.3 percent from a month earlier, while the jobless rate crept up to 5 percent as more people entered the labor force.

A still-robust pace of job creation represents a vote of confidence by employers that the U.S. will hold up against an anemic global economic backdrop. Additional tightening in the labor market that sparks bigger pay gains for American workers may convince Federal Reserve policy makers that the economy is more insulated to weakness overseas.

“We’re still in a really good spot with the labor market – – the fundamentals here are strong,” Thomas Simons, a money-market economist at Jefferies LLC in New York, said before the report. “ I have no reason to suspect we’re seeing a turning point in the labor market any time soon.”

Construction payroll growth accelerated in March, while manufacturing employment slumped. Other industries adding jobs included retail, health care, leisure and hospitality and professional services. Government hiring was the strongest since August.

The median forecast in a Bloomberg survey called for a 205,000 advance in total employment, with estimates ranging from gains of 100,000 to 250,000 after a previously reported 242,000 February increase. Revisions to prior reports subtracted a total of 1,000 jobs to overall payrolls in the previous two months.

Average private sector hourly wages up 7 cents to $25.43, black unemployment at 9.0%,  U-6 number coming in at 9.8%, headline should again read “Obama economy humming along despite Republicans crapping all over things.”

Open thread.

 

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NC GOP “Bathroom Bill” Is A Steaming Load Of Crap

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So North Carolina state Republican lawmakers called a special session of the General Assembly yesterday to stop Charlotte’s LGBTQ anti-discrimination law from going into effect on April 1, and it turns out it’s not just Charlotte’s ordinance they want to outlaw, but any real progressive change sought by cities and counties in the Tarheel State.

WBTV obtained a copy of the proposed bill, entitled “An Act to Provide for Single Sex Multiple Occupancy Bathroom and Changing Facilities in Schools and Public Agencies and to Create Statewide Consistency in Regulation of Employment and Public Accommodations,” Tuesday night.

The legislation requires that multi-occupancy bathrooms be limited to just one gender, using anatomy and birth certificates as a guide and applies to executive branch agencies controlled by the Governor as well as Council of State members and the UNC System.

A provision in the five-page bill allows school districts to use single occupancy bathrooms to make accommodations for students in special circumstances.

DOCUMENT: Click here to read the full bill

In addition to the provisions of the bill seeking to repeal the bathroom-related portions of Charlotte’s non discrimination ordinance, the bill also addresses several workplace issues.

The second part of the bill is referred to as the Wage and Hour Act. Under the act, local governments would be prohibited from setting their own local minimum wage.

The next section of the bill seeks to declare that the regulation of discriminatory practices in employment is an issue of statewide concern and, as such, must be left to the General Assembly.

Finally, the last section of the bill is referred to as the Equal Access to Public Accommodations Act, which places issues of public accommodation in the jurisdiction of the General Assembly.

So in addition to killing Charlotte’s anti-discrimination law, with this stupid bigoted bathroom bill, the NC GOP is looking to undo all local anti-discrimination, minimum wage, labor protection and equal physical access laws. because smaller, more responsive government, right?

Which just proves again that Republicans don’t care about government that works, they care about government that punishes those people whenever possible so that they become somebody else’s problem.  The best part?  It’s a combination of “bathroom bill”, home rule elimination, and “workplace protection” bill all rolled into one steaming pile of toxic GOP diarrhea.

By the way, the bill passed the NC General Assembly overwhelmingly, 83-24, the NC Senate 32-0 (as all NC Senate Democrats walked out) and GOP Gov. Pat McCrory signed this travesty into law last night.  Total time on this legislation from start to finish: about 10 hours.

They had this ready to go, in order to steamroll any opposition to it and to prevent the kind of boycott backlash from building that Georgia is facing now over similar legislation.  Blindside the opposition and dare them to react.

It’ll be up to the courts now to get the ball rolling on this.

One big hurdle, which reportedly killed South Dakota’s bathroom bill: Banning trans students from using the school bathroom that comports to their gender identity could violate federal law, particularly Title IX. The Justice Department and Department of Education interpret the law not just to ban sex discrimination in federally funded schools, but also ban anti-trans discrimination. So by passing an anti-trans bathroom law, North Carolina could risk big federal funds for public schools.

And my home state is well on its way to a complete disaster.

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Jobapalooza Open Thread

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jorbs

Another pretty damn good jobs report for February.

The U.S. generated 242,000 new jobs in February, snapping back after a modest slowdown in hiring in the first month of 2016. Economists polled by MarketWatch had expected an increase of 198,000 nonfarm jobs. The unemployment rate was unchanged at 4.9%. Employment gains for January and December, meanwhile, were revised up by a combined 30,000, the Labor Department said Friday. The government said 172,000 new jobs were created in January instead of 151,000. December’s gain was raised to 271,000 from 262,000.

Yet despite the big gain in new jobs, average hourly wages fell 3 cents, or 0.1%, to $25.35. Hourly pay rose a mild 2.2% from February 2015 to February 2016. And the amount of time people worked each week dropped 0.2 hours to 34.4 hours, the lowest level in two years. The labor-force participation rate moved up to 62.9%, the highest level since May, as more than half a million people joined the labor force.

Wage growth is still an issue, but at least labor force participation is stating to turn around.  People are coming back to the work force.  Big numbers for February and upward revisions for December and January don’t hurt either.

Most importantly the measure of underemployment dropped to a new cycle low of 9.7%, which is a big deal.  We’re definitely on the way back up, looks like.

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Centrist Dalek Horror Theater Presents: The Schoening

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As the New Hampshire primaries get underway today, former NYC Mayor Michael Bloomberg confirms this week that he is considering entering the 2016 presidential race as an independent, something that made the rounds as a trial balloon two weeks ago.  Now however Bloomberg himself is saying he’s considering making the jump.

The billionaire media mogul and three-time former New York mayor told Financial Times in an interview published Monday that he is “looking at all the options.”

Fellow New York billionaire Donald Trump has been leading polls on the Republican side for months, and Hillary Clinton only narrowly escaped Iowa with a victory over a self-described “democratic socialist.” Bloomberg, who is considering running as an independent, said Americans deserve “a lot better.”

Bloomberg has set a March deadline to determine whether he will run, and should he decide yes, he told the FT he would have to begin getting his name on ballots next month. He has signaled he could spend at least a billion dollars of his own money to sustain a campaign, according to a New York Times report citing anonymous sources briefed on his deliberations.

That’s not the funny part.  The funny part is who’s advising him.

Bloomberg’s pollster, Douglas Schoen, outlined the case for his boss’s potential White House bid in an op-ed last week for the Wall Street Journal.

Pundits are missing a large group of centrist voters who opt out of partisan primaries, Schoen argued, pointing to the low turnout in Iowa.

“That’s the new silent majority: the millions of Americans who don’t participate in Democratic or Republican primaries. They are equally as fed up with the status quo, but they have a different approach to problem-solving and different policy prescriptions than those on the ideological extremes,” Schoen wrote.

That has created an opportunity for someone to mount an independent run, he argued:

“Who fits the bill? Michael Bloomberg, a centrist with a clear (and arguably unique) record in business as an entrepreneur and in politics as a three-term mayor of New York. Mr. Bloomberg is a fiscally prudent conciliator who advances pro-growth policies and takes tough stands.”

That’s right, the guy running Bloomberg’s numbers is none other than our old friend pollster Doug Schoen, who along with his partner in crime Pat Caddell is the obnoxious No Labels/Americans Elect centrist grifter that warned Obama could never win re-election in 2012 and that Hillary had to primary him, that Obama had to champion the Simpson/Bowles Catfood Commission, that the Democrats were the real extremists, that Obama had to become a right-wing Democrat in order to attract Tea Party votes, that Trump should have gotten into the race in 2012 as in independent, and my personal favorite, that Barack Obama should have dropped out of the 2012 race completely for the good of America.

It looks like Doug has found his Trojan Horse to sink the Democrats and get his massive austerity cuts by splitting votes in favor of the GOP in Bloomberg, so if there was any doubt that a Bloomberg run is more Nader than Perot, the fact that Doug Schoen is involved should have you running for the exits.

The Centrist Daleks are back to TRIANGULAAAAAAAATE it seems, and should Bloomberg actually run, keep in mind it only takes ruining one swing state with a third party bid to throw the presidency.

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Jobapalooza Open Thread

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151,000 new jobs in January, somewhat less than the 190K forecast, but the unemployment rate fell to 4.9% and wages up, a wash on revisions.

Retailers added almost 58,000 jobs last month, the most since November 2014, and the health care industry took on another 44,000 workers. Perhaps most surprising was a 29,000 gain in hiring at manufacturers, the biggest increase since August 2013.

Payrolls picked up at producers of fabricated metals, automobiles, food and furniture.

The median forecast in a Bloomberg survey called for a 190,000 gain in overall payrolls last month, with estimates ranging from gains of 142,000 to 260,000.

December payrolls were revised down to 262,000 from 292,000 and November employment was revised up to 280,000 from 252,000. The revisions to these months subtracted a total of 2,000 jobs to overall payrolls.

Friday’s data showed a much-awaited pickup in wage growth is starting to manifest itself. Average hourly earnings rose 0.5 percent from a month earlier to $25.39. The year-over-year increase of 2.5 percent followed a 2.7 percent jump in the 12 months ended in December, which was the biggest advance since mid-2009.

So things continue to improve at  reasonable pace.  I’m sure any of the Republicans running for president this year can find a way to completely ruin that in 2017.

 

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LOSE THE MORNING

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The Politico team will be no more after the 2016 Hunger Games as founders Jim VandeHei and Mike Allen are evacuating the smoking remains of the Village by helicopter.

In what can be described only as a cataclysm in Beltway media, CEO Jim VandeHei is leaving Politico, the eight-year-old politics website that shook up Washington journalism, according to sources and reports by Huffington Postand CNNMoney.

And in what can be described only as a mega-cataclysm, Politico Chief White House correspondent Mike Allen is joining VandeHei in rushing toward the exits of Politico’s Rosslyn headquarters. Allen writes the daily franchise newsletter “Politico Playbook.” A bearer of occasional scoops, Allen is the driver of very frequent revenue. Weekly sponsorships for “Playbook” run in the $50,000 to $60,000 range this year, depending on the news cycle. And that’s not even rolling in the big money that comes from “Politico Playbook” conferences/interviews anchored by Allen. His work alone — complete with ethical issues — subsidized a platoon of Politico reporters.

It doesn’t end there: Kim Kingsley, the Chief Operating Officer is leaving as well. Kingsley has provided the glue that bridged Politico’s newsroom and its business side as the site sprinted to revenues approaching $20 million just years after launching. She headed the colonization of radio and cable-news airwaves that helped establish Politico as a preferred Washington source both for readers and advertisers. The company’s successful events business was also an obsession of Kingsley’s. Other departures are Danielle Jones and Chief Revenue Officer Roy Schwartz.

VandeHei, Allen and Schwartz will stay through the 2016 election; the others will leave on earlier timetables. Editor-in-Chief John Harris will say on board and take on the additional title of publisher.

Politico as we’ve come to know it is no longer.

The disintegration appears to be over money issues, as most business problems seem to be, and surely most of these folks will land on their feet.  But Politico’s particularly toxic brand of Beltway both-siderism has surely taken a beating in the era of LOL PMURT NOTHING MATTERS ANYMORE, and I’m thinking since the rules of Beltway “journalism” have been thoroughly napalmed over the last six months, Jim and Mike are getting off the playground where they’ve realized that they’re no longer the guys in charge of giving out all the kickballs.

I can think of a couple hundred Villagers who need to follow those two out the door, too.

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Terrifying Team Trump Tales

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CNN decides to take a look at people who support The Donald and discovers that the people who support The Donald are pretty much exactly who you’d suspect of supporting aforementioned Donald.

They are showing up in droves to see Donald Trump: Men and women, overwhelmingly white, frustrated with the country’s first black president, fearful that they are being displaced by minorities and immigrants, and nostalgic for the way America used to be.

And Trump is thriving, tapping into the fears and anxieties that have erupted into the open in an extraordinary presidential campaign.

The voters pledging their allegiance to the Republican front-runner hail from all corners of the country. They work on farms, in nursing homes and run small businesses; they’ve voted for Mitt Romney and Barack Obama and participated in the tea party movement; they are high school students who will vote for the first time this November and retirees and veterans who came of age during World War II.

In Trump, these people see the next president of the United States.

His attitude, one voter said, is that he “seems to just not give a f—.” Trump’s nativist rhetoric and hardline immigration stance is a relief for those who see a segment of the population “getting away” with breaking the law. Post-San Bernardino, the candidate’s promise to “bomb the sh– out of ISIS” exudes an uncomplicated confidence rare in other politicians. His accomplishments in the business world offer reassurance that he’ll “put the economy back where it belongs.”

Perhaps most important is Trump’s imperviousness to the typical boundaries around race. He has made provocative remarks on the subject since the earliest days of his campaign — and his supporters are listening. They are rowdy, and at times, even violent. On more than one occasion, they’ve accosted protesters, lobbing racial slurs and physical abuse.

There is a significant bloc of voters who want payback, folks, for slights real or perceived over the last 8 years, folks who want to punish Obama supporters relentlessly and leave them crushed, broken, and forever powerless, never to dare challenge them.

They want someone to put them back on top to “make American great again.”

They’ve found their guy who they think will do it and to hell with everyone else. The mob is coming and they are pissed.

“I got mine, fuck the rest of you” as a worldview?  Really is that simple.

And they’ll vote.

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