Thursday, August 14, 2014

Reporting the Economic News Like There's Still an Abundance of Good-Paying Union Jobs Out There

You know, the kind of jobs that used to keep this 900,000-square-foot Mirro facility in Manitowoc, Wisconsin, humming....

Photo by Retiring Guy

...until.......



Retail sales report suggests Americans are hesitant to spend.  (Milwaukee Journal Sentinel, 8/13/2014)

SuggestWhich could?  Hey, a lotta folks don't have the money to be hesitant about spending, Gomer.  The figures suggest that Americans are hesitant to spend, which could limit growth for the economy. Retail sales are closely watched because consumer spending accounts for 70% of economic activity.



Retail sales have flatlined even though employers have added more than 200,000 jobs a month for the past six months. Payrolls increased by 209,000 in July and 298,000 in June.

An average of 200,000 jobs per month.  As Officer Gunther Toody used to say



Sorry, Toody, it ain't that big of a deal.

 The New York Times, 4/27/2014

Related posts: 
It's deja vu all over again: Let's trot out what the naysayers said the last time the minimum wage was raised.  (8/4/2014) 
Best states for beer-drinkin', softball-playin' women.  (7/15/2014)
Employers see upside to minimum wage increase  (7/8/2014) 
Why C1 Bank CEO Trevor Burgess supports an increased minimum wage.  (7/6/2014)
Why Shake Shack CEO Randy Garutti pays his team more than the minimum wage.  (7/5/2014)
Efforts to raise Nebraska's minimum wage gets boost.  (7/4/2014)
Seattle's minimum wages;  It's complicated.  (6/29/2014)
What happened the last time a minimum wage bill was introduced in the Wisconsin state legislature
.  (6/27/2014)
 UW-Milwaukee survey:  76% of respondents support raising the minimum wage.  (6/25/2014)
Wisconsin's $7.25 minimum wage: "Minimum comfort" indeed! (6/24/2014)
U.S. minimum wage since 1960.  (6/24/2014)
Support for minimum wage hike grows.  (6/21/2014)
More evidence that Scott Walker and the Republican state legislature is increasingly out of touch with the people they serve.  (5/28/2014)
Earning minimum wage and looking for a place to live? Check the "Dumps" listings! (4/25/2014
Scraping by on $83.65 an hour.  (3/17/2014)
Minnesota legislature looks to boost minimum wage from $6.15 to $9.50 per hour.  (3/4/2014)
The minimum wage:  It's not the same all over.  (2/18/2014)
A border debate on the minimum wage.  (2/16/2014)
The MacIver Institute's Pavlovian response to an increase in the minimum wage. (1/10/2014)
The view from the other side of the counter.  (11/29/2013)
The minimum wage and the poverty guideline.  (11/20/2013)
Most of us don't buy into U.S. Chamber of Commerce handwringing over minimum wage.  (11/1/2013)
A look at the minimum wage.  (9/28/2013)

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