http://news.yahoo.com/s/ap/20100304/ap_on_bi_ge/us_congress_jobs_bill
Yesterday I posted this in the Deep Thoughts --- By Belly35
Today this Jobs Bill was passed.
If you are out of work and hoping this Job Bill will get you back to work …….Good luck
From yesterday Deep Thoughts-- By Belly35
I woke up today like I do everyday want a better world for everyone. I have not been paying attention the Job Bill but thinking anything is better that nothing..........WRONG
This Job Bill is a nightmare and a joke, wake me when we get rid of the clowns in Washington.
The Hiring Incentives to Restore Employment Act sounds good: $20 billion for highway and transit projects, and $15 billion in tax credits, payroll-tax relief and bond-interest payments for schools and energy projects.
Short term position will create little to no new real jobs just keep present worker hired. Spend, Spend and Spend ………..Assholes
Estimates the Job Bill law would only generate 250,000 new positions nationwide, which will do little to address the national employment crisis, which has left more than 17 percent of the country either without work or underemployed. Roughly 11 million new jobs are needed to get the country back to pre-recession jobless levels. Clueless in Washington
The payroll tax credit would yield just $80 per new worker a month, compared with the more than $1,500 a month the companies spends for new entry-level employees. Employers like would have to spend nearly $19,000 to save $1,000 now, and to get a $1,000 tax credit a year later. Great Plan as a business owner I’m going to jump on that sword.
Stark County received 161 Million in Stimulus that was to create jobs. Note: Saving a job is not creating a job in Belly mind. So with that 161 million 600 jobs where saved or created, mostly in high way project that are now over and unemployment when up in Stark county to 11.5.
That would equal to $193,333.00 per job.
I have been trying for over a year to get $125,000 to continue a new product. With that money I estimate the creation of 3 new jobs within a year and if sale goes up additional 2 more people. Plus the increase in product sale tax, employee spending in the area and lunches.
This will bright your day also……………….
THE EMPLOYMENT SITUATION -- FEBRUARY 2010
Nonfarm payroll employment was little changed (-36,000) in February, and the
unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics
reported today. Employment fell in construction and information, while tem-
porary help services added jobs. Severe winter weather in parts of the
country may have affected payroll employment and hours; however, it is not
possible to quantify precisely the net impact of the winter storms on these
measures. For more information on the effects of the severe weather on employ-
ment estimates, see the box note at the end of the release.
Household Survey Data
In February, the number of unemployed persons, at 14.9 million, was essen-
tially unchanged, and the unemployment rate remained at 9.7 percent. (See
table A-1.)
Among the major worker groups, the unemployment rates for adult men (10.0 per-
cent), adult women (8.0 percent), whites (8.8 percent), blacks (15.8 percent),
Hispanics (12.4 percent), and teenagers (25.0 percent) showed little to no
change in February. The jobless rate for Asians was 8.4 percent, not season-
ally adjusted. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks and over) was
6.1 million in February and has been about that level since December. About 4
in 10 unemployed persons have been unemployed for 27 weeks or more. (See
table A-12.)
In February, the civilian labor force participation rate (64.8 percent) and
the employment-population ratio (58.5 percent) were little changed. (See
table A-1.)
The number of persons working part time for economic reasons (sometimes refer-
red to as involuntary part-time workers) increased from 8.3 to 8.8 million in
February, partially offsetting a large decrease in the prior month. These in-
dividuals were working part time because their hours had been cut back or be-
cause they were unable to find a full-time job. (See table A-8.)
About 2.5 million persons were marginally attached to the labor force in
February, an increase of 476,000 from a year earlier. (The data are not sea-
sonally adjusted.) These individuals were not in the labor force, wanted and
were available for work, and had looked for a job sometime in the prior 12
months. They were not counted as unemployed because they had not searched for
work in the 4 weeks preceding the survey. (See table A-16.)
Among the marginally attached, there were 1.2 million discouraged workers in
February, up by 473,000 from a year earlier. (The data are not seasonally ad-
justed.) Discouraged workers are persons not currently looking for work be-
cause they believe no jobs are available for them. The remaining 1.3 million
persons marginally attached to the labor force had not searched for work in
the 4 weeks preceding the survey for reasons such as school attendance or
family responsibilities.
Establishment Survey Data
Total nonfarm payroll employment was little changed in February (-36,000).
Job losses continued in construction and information, while employment con-
tinued to increase in temporary help services. Since the start of the reces-
sion in December 2007, payroll employment has fallen by 8.4 million. (See
table B-1.)
Construction employment fell by 64,000 in February, about in line with the
average monthly job loss over the prior 6 months. Job losses were concen-
trated in nonresidential building (-10,000) and among nonresidential specialty
trade contractors (-35,000). Since December 2007, employment in construction
has fallen by 1.9 million.
Employment in the information industry dropped by 18,000 in February. Since
December 2007, job losses in information have totaled 297,000. In February,
employment in transportation and warehousing continued to trend down.
Employment in manufacturing was essentially unchanged in February. Small job
gains in a number of component industries were offset by job losses in motor
vehicles and parts and in chemicals.
Retail trade employment was unchanged in February, after a sizeable increase
in January. Over the month, job gains in building material and garden supply
stores (7,000) and in department stores (6,000) were offset by declines in
food and beverage stores (-9,000).
In February, temporary help services added 48,000 jobs. Since reaching a low
point in September 2009, temporary help services employment has risen by
284,000. Health care employment continued to trend upward in February.
In February, employment in the federal government edged up. The hiring of
15,000 temporary workers for Census 2010 was partially offset by a decline
in U.S. Postal Service employment.
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