The U.S. added 517,000 jobs in January, more than two and a half times what economists anticipated, as the unemployment rate nudged down to 3.4%, the Bureau of Labor Statistics (BLS) reported Friday. Economists had predicted that the nation would add roughly 187,000 jobs, and that the unemployment rate would nudge up to 3.6% from 3.5%, roughly where it has lingered for the past several months , The Wall Street Journal reported . Previously, Federal Reserve Chair Jerome Powell had estimated that the unemployment rate would climb to roughly 4.6% by the end of 2023, as markets slowed in response to the Fed’s anti-inflationary campaign of interest rate hikes, in a Dec. 14 press conference . At 3.4%, the unemployment rate hit the lowest level since May 1969 , as “widespread” job growth, led by 128,000 jobs added in the leisure and hospitality sector, pushed January’s job growth past the 2022 year-long average of 401,000 jobs per month, according to the BLS. Government … [Read more...] about Jobs Market Runs Red Hot In January, But Economists Fear Downturn Is Coming
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JENNY BETH MARTIN: House Republicans Are Making It Impossible For Biden To Hide His Border Failures
House Republicans, in the majority for the first time since Joe Biden was inaugurated, have wasted no time in launching much-needed oversight of the Biden administration’s failure to properly control the surge of illegal immigration at our nation’s borders. Through multiple hearings in multiple committees over the coming weeks and months, these newly empowered congressmen will shine a spotlight on the human costs of the failure to control the border and on the policy changes that led to the surge. These hearings cannot happen fast enough. (RELATED: JENNY BETH MARTIN: House GOP Must Confront The Federal Gov’t’s Spending Addiction — Before It’s Too Late) The Judiciary Committee, under Chairman Jim Jordan, got the ball rolling this week, with a hearing that focused on explaining the backdrop — what is the real situation at the border? The hearing featured testimony from Cochise County, Arizona Sheriff Mark Dannels, who testified that “Our southern border, against all public … [Read more...] about JENNY BETH MARTIN: House Republicans Are Making It Impossible For Biden To Hide His Border Failures
Bill would bar Colorado employers from seeking information that reveals job-seeker’s age during application process
A new bill advancing through the Colorado legislature would close what the AARP calls a “loophole” in state discrimination law by banning employers from asking for information that could reveal an applicant’s age. In addition to being prohibited from explicitly asking about age, the Job Application Fairness Act — officially labeled SB23-058 — would also bar employers from requesting other dates on applications, like when someone attended or graduated from high school or college. It builds on existing federal law, which prohibits discrimination based on a person’s age, and further limits the ways employers can puzzle out those details. Those limitations apply during a job-seeker’s initial application process, bill sponsor and Wheat Ridge Democrat Sen. Jessie Danielson told fellow lawmakers Thursday. The bill wouldn’t bar employers from verifying that applicants have necessary certifications or background, she said, nor would it open the door for juvenile Coloradans to apply for … [Read more...] about Bill would bar Colorado employers from seeking information that reveals job-seeker’s age during application process