There is a strong divergence within the May jobs report as released by the Bureau of Labor and Statistics (BLS) [DATA HERE]. Payrolls increased 339,000 in May from April and previous months were revised up by 93,000. That is good news. However, the household survey, from which the unemployment rate is derived, showed employment down 310,000 jobs and the unemployment rate increased to 3.7%.
One of the aspects driving higher payroll starts are the number of people taking on additional part-time jobs. This aspect is noted in a decline for the number of hours in the average workweek. As more PT jobs are added, the number of hours in a workweek declines. As noted in the BLS data, “the average workweek for all employees on private nonfarm payrolls edged down by 0.1 hour to 34.3 hours in May.”
There were 161.0 million people working in April. There are 160.7 million people working in May.
There were 5.7 million people unemployed in April. There are 6.1 million unemployed people in May.
The unemployment rate increased from 3.4% to 3.7%.
There are 310,000 fewer people working in May than were working in April. However, payrolls increased by 339,000 over the same timeframe. See graph above for where those jobs were gained.
(NBC) – […] Job gains were broad-based last month with health care contributing 52,000 and leisure and hospitality adding 48,000. Food services and drinking places led the increase in the latter industry, which had been adding an average of 77,000 jobs per month over the prior 12 months.
Overall, the U.S. economy added 339,000 jobs for the month, much better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.
The unemployment rate rose to 3.7% in May against the estimate for 3.5%. The jobless rate was the highest since October 2022, though still near the lowest since 1969.
Olu Sonola, head of U.S. regional economics at Fitch Ratings, said the jobs report is a mixed bag.
“The strength of the payroll survey is clearly a big surprise, largely on the back of robust job growth in the healthcare sector and the business and professional services sector,” said Sonola. “However, the 0.3% increase in the unemployment rate is the highest monthly increase since April 2020.” (more)
WAGES – As noted within the BLS report, “In May, average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents, or 0.3 percent, to $33.44. Over the past 12 months, average hourly earnings have increased by 4.3 percent.” Wage growth still lags inflation; the middle class is getting poorer. However, with the fed focused on wage growth as the leading indicator of their false pretenses to combat inflation, wage growth is too high (they want around 3.0%).
The Biden economic and monetary policies are delivering the results they want. Higher energy prices, higher costs of living, lower real wages and increased middle class pressure. The serf model.
The BLS was forced to admit yesterday their Real Hourly Compensation growth was previously flawed. [CHART DATA SOURCE]
That chart of revisions to real wages tells us a lot about the economic pain being felt by the working class in the U.S. If it feels like you are working harder and going backwards in your ability to afford basic essentials, that’s because you are.
The prices for essential goods and services have risen at a much greater rate than the wages needed to afford them. This is the result of Joe Biden’s energy policy, economic policy, and now magnifying monetary policy.
Our goods and housing costs are higher. Our wages are not growing much. The cost to borrow money to afford the gap is increasing. This is unsustainable.
In my opinion, the economy overall – as a measure of units produced and sold – has been in a contracting position since the fourth quarter of 2021. The appearance of economic growth, the value of goods and services, is an illusion that has been created by higher prices, ie. inflation.
ANY company engaging in WOKE should be brought to court for what they are doing is patently UNCONSTITUTIONAL and lawyers should start to wake up and bring class action lawsuits against Target, Budweiser, and North Face as well as every other company engaged in this activity of promoting transgenderism has rendered college degrees irrelevant. If you check a box, no qualification or experience is required.
This claim that WOKE is somehow establishing EQUALITY is total nonsense. Gays are now being discriminated against as part of this propaganda movement behind Transgender. When companies make targeted racial composition goals for their employees, they have to engage in discrimination to achieve those goals. That is discrimination to not hire a white person who is more qualified because the White House wants a black girl – not even a black man as its spokesperson.
Hiring people based on race and gender is UNCONSTITUTIONAL. It is outright discrimination and whatever job is open should go to the most qualified – not to check some box of this discriminatory and unethical Human Rights Campaign (HRC). Here you have a pretend organization claiming it stands for human rights advocating abortion and ignoring any human rights of the unborn. They are a front for propaganda that is to actually divide the nation and deliberately target religious issues such as abortion and seek to give low “grades” to Christian beliefs.
The worst kept secret in corporate HR departments across the country is this thinking that they MUST deny employment based on qualification and instead check boxes to satisfy this unethical organization masquerading as human rights. If we are really talking about EQUALITY, then the most qualified person should get the job. In our company, we have every race, creed, and nationality from Asia to Europe. We hire based on qualification – not race or religion.
Human Rights Campaign (HRC) should be brought to court for they are denying qualified people employment. Not that they are claiming to be about Human Rights when they are openly engaging in the violation of our Civil Rights. Any company with an HR department engaged in checking boxes should be hauled into court on a class action for unconstitutional civil rights violations. This is the ONLY way to stop this agenda from pretending to be about equality when it is really about discrimination.
BlackRock and Vanguard own almost everything you see. BlackRock is responsible for creating the environmental, social, and governance (ESG) social credit score based on a company’s climate policies. The corporate equality index (CEI) is akin to the younger brother of the ESG score and dictates a company’s woke policies. BlackRock and Vanguard, World Economic Forum partners, support these social credit scores, and the companies in which they own a significant share are altering their policies to appease these titans.
BlackRock has been extremely vocal about the need for the ESG score. Republicans have condemned the ESG score for being a political tool. Blackrock CEO Laurence Fink penned a letter in January 2018 called “A Sense of Purpose” in which he decided that BlackRock needed to involve itself in social issues. Fink said the government fails to prepare for the future and “society increasingly is turning to the private sector and asking that companies respond to broader societal challenges.” He continued: “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”
“Without a sense of purpose, no company, either public or private, can achieve its full potential. It will ultimately lose the license to operate from key stakeholders. It will succumb to short-term pressures to distribute earnings, and, in the process, sacrifice investments in employee development, innovation, and capital expenditures that are necessary for long-term growth. It will remain exposed to activist campaigns that articulate a clearer goal, even if that goal serves only the shortest and narrowest of objectives. And ultimately, that company will provide subpar returns to the investors who depend on it to finance their retirement, home purchases, or higher education.”
Fink went on to say that BlackRock was willing to sell off assets of companies that fail to remain in “the relevant index.” “Companies must ask themselves: What role do we play in the community? How are we managing our impact on the environment? Are we working to create a diverse workforce?” Fink continued. As a World Economic Forum member, Fink is adhering to Agenda 2030 and the plans for the Great Reset. Instead of merely managing assets, those at the top attempting to restructure society.
It is common knowledge that BlackRock backs the climate change agenda and penalizes companies that fail to obey. However, not many realize that the asset manager is also responsible for the woke agenda. These companies are not trying to appease the LGBTQ+ community; they’re trying to appease BlackRock so that they can maintain high social credit scores and maintain funding.
Target achieved a 100% score on the Corporate Equality Index (CEI) in 2022, and was rated #4 by the Human Rights Campaign for being one of the wokest companies. This arbitrary social credit score goes against American values and people are protesting with their dollars. Target managed to lose $10 billion in ten days after the public became aware of their aggressive rainbow marketing campaign geared toward children. Will Target become the next Bud Light?
In my opinion, Target’s campaign was far worse than Bud Light’s because it was targeting the most vulnerable among us – the children. Not only did Target sell clothing for children and toddlers promoting the woke agenda, but they also attempted to normalize “binding” and “tuck-friendly” clothing for “transexual children.” Any parent forcing their toddler to bind or tuck their genitalia is likely not fit to be a parent.
The top designer for this abhorrent apparel was Erik Carnell, a woman turned man who mixes trans art with Satanic symbols. “Satan respects pronouns” is one of Carnell’s designs that did not make it to the big box retailer. He has pictures online wearing devil horns and outright mocking Christianity, the only religion that is acceptable to mock openly. He advocates violence against “normies” with slogans like “burn down the cis-tem” and an image of a guillotine labeled “homophobe headrest.” Erik was forced to take down his personal website after the Target controversy, but said he did so due to a growing demand for orders. His art is also colorful and cartoon-like to appeal to children. If a major retailer partnered with an artist who mocked Islam or Judaism, there would be a much larger backlash.
Target is attempting to employ major damage control, but it is too late. Bomb threats have been called into numerous stores by people within the LGBTQ+ community who are angry that the retailer is pulling attire for transexual children. “Target is full of cowards who turned their back on the LGBT community and decided to cater to the homophobic right wing redneck bigots who protested and vandalized their store,” one of the threats read.
Target managed to lose 14% of its value within ten days because it attempted to pander to the woke crowd. Videos are going viral of moms cutting up their Target credit cards and a rap song about boycotting Target even reached a top spot on the iTunes charts. Someone needs to tell the top shareholders that the people do not approve of the woke CEI score, and the people will not allow the Human Rights Campaign to normalize rainbow marketing. This has absolutely nothing to do with gay rights and everything to do with grooming children. We read what the United Nations wants to promote. Target made a fatal mistake by going after our children.
Berkshire Hathaway managed to score a total of zero imaginary woke points on the Corporate Equality Index. The Human Rights Campaign (HRC) investigates how woke a business has become, solely on LGBTQ+ policies, and assigns it a woke credit core (CEI). I mentioned in another post how this score has become increasingly harder to obtain, with the organization making obscene demands regarding employer-funded healthcare and practices. So is Warren Buffett secretly homophobic to receive the lowest possible CEI score? No.
Buffett simply declined to report Berkshire Hathaway’s business to the Human Rights Campaign. The company did not suffer as a result. No one is forced to report their company’s policies to this agency, and yet nearly all Fortune 500 companies do. The HRC states it has over “1,200 participants,” meaning companies are choosing to pander to the woke agenda.
The HRC has been cracking down on businesses for over 20 years and the requirements have become completely ridiculous. “We get surveys all the time … on all kinds of things, and we basically don’t answer them,” explained Buffett in a 2014 interview, and added it’s Berkshire’s practice not to respond to surveys. Furthermore, Buffett does not dictate policies for the companies under Berkshire.
So yes, it really is that simple. Companies need to come together and agree to refrain from reporting to the HRC and giving any credit to this social score. The HRC, backed by Soros, has turned human rights into a culture war that is destroying companies (see: Anheuser Busch). It has taken numerous failed marketing campaigns for companies to realize that the woke agenda is bad for business. I know a gay man who said he detests “rainbow marketing” and finds it offensive. These businesses try to appease the HRC but should focus on their clients. I disagree with Buffett on many topics, but this is one case where I believe he is correct.
The Democrats defeated a proposed bill that would require voters in Texas to be citizens of the United States. I could not simply enter a country where I do not have citizenship and vote in their elections. Sen. Brian Birdwell (R-Granbury) brought Senate Joint Resolution (SJR) 35 to the Senate floor where it passed in a 29 to 1 vote. However, House Democrats found a way to kill the proposal.
SJR 35 would have prohibited “persons who are not citizens of the United States” from voting under the Texas Constitution. This is a massive issue since tens of thousands of undocumented persons have entered the US from the Texas-Mexico border. No one technically voted against the bill, as that would make the scheme too obvious. Instead, 54 Democrats registered “present, not voting” in order to prevent the measure from receiving the 100 votes needed to pass.
Rep. Matt Schaefer (R-Tyler) condemned these actions by saying, “An open border is the long-term strategy.” This is why they do not want people to provide identification to vote. You cannot even rent a book from the library without identification. The plan is overtly obvious and shows that one side of the political aisle has absolutely no respect for the US election process.
There has been a huge backlash against Target just like Budweiser. Both boards of directors should be fired and barred from ever serving on any board or any corporation – EVER! They are engaging in indoctrination that supports changing the gender of children without parental consent. If you cannot consent to sex no matter what under the law before 18, then how can a child consent to a sex change before 18 openly denying any notification to parents?
This has gone way too far. This is no longer about equality and inclusionism. This is indoctrination and it will be remembered by historians as a critical factor for the collapse of Western society. I will NEVER buy a Budweiser product again nor anything from Target. Corporations are here to serve EVERYONE, and if they stood up and said will only vote for a Democrat or a Republican, they have entered the realm of politics. That is what is taking place here. ANY company engaging in indoctrination OF ANY KIND should be boycotted. Look at SVB. Their risk management was selected to check boxes for WOKEISM – not qualification.
Going to school and seeking degrees is no longer even important. If you do not check a box, you will not be hired in the big corporate world anymore. The WhiteHouse is bragging about being WOKE and look at the result. Qualification is now secondary.
Girls are being discriminated against in sports. Family values and traditions are to be overthrown. Those who identify as Transgender in only about .5% of the population. This whole movement is being pushed to also reduce the population. Mothers are now birthing people and women are no longer identifiable. As I have said, Thailand is the capital of Transgender surgery. They even have their own theatre with “Ladyboys” performing and tourists go to watch. The difference is that they are openly accepted and call themselves “Ladyboy” and do not see to demand everyone else call them a woman. They are NOT confrontational and they are NOT engaging in indoctrination.
We must look behind this movement as to its real purpose and who is funding this agenda for other objectives.
(old ratings featured above; deemed not inclusive enough)
I mentioned how the Corporate Equality Index (CEI) is the reason companies are going WOKE. This is the imaginary social credit score based on a company’s adherence to WOKE policies. The Human Right Campaign (HRC), a massive international political lobbying group that dictates the CEI score, employs 39 million workers globally. George Soros and the Open Society Foundation fund the HRC directly.
The 2023 Corporate Equality Index toolkit has a point system for various woke policies. The new policy has expanded these woke policies and makes it increasingly difficult for companies to operate outside of the far-left narrative. For example, spousal and partner benefits can earn a company up to 20 possible points. An employee does not need to be legally married for their partner “regardless of sex” to receive benefits, which include surrogacy benefits, expensive IVF treatments, foster care assistance, cryopreservation, and adoption assistance.
Transgender-inclusive healthcare benefits (25 possible points) entail a full page of demands, including puberty blockers and hormone therapy for minors, and reconstructive surgical reassignment surgery (including reconstructive chest, breast, and genital procedures). Employers “MUST” offer these procedures to all employees. They must also offer at least five out of 10 “essential services,” including travel expenses, tracheal shaving, facial feminization surgery, voice modification surgery, voice therapy, and hair removal surgery.
Outreach or engagement to the broader LGBTQ+ community is worth 15 points, meaning that businesses must show they are either trying to recruit more gay employees, working with gay-friendly third parties, providing philanthropic support to at least one LGBTQ+ organization, and more. This criterion is forcing businesses to recruit other businesses into the woke agenda. Forget qualifications! As long as they’re part of the gay community, they’re hired.
The criteria for a 100 CEI score rose dramatically in just one year. Religious organizations or employers are demonized for holding true to their values. Are we really forcing employers to pay for breast augmentations and voice therapy? The most disturbing piece is that employers must now provide “gender-affirming care” procedures to the CHILDREN of their employees. If you look around, nearly every business is adhering to this agenda as the CEI social credit score has become just as important as the ESG climate social credit score.
QUESTION: What do you think about Target now selling books on this transgender stuff for even first graders? This has gone full circle from recognizing their rights to pushing their influential anti-religion on everyone else. We should boycott Target like Bud from what I see.
SD
ANSWER: This has indeed gone from equal rights to denying civil and religious rights of everyone else. Target rolled out its Pride collection offering over 2,000 products, including books for kids aged 2–8 with titles like “Pride 1,2,3,” “Bye Bye, Binary,” and “I’m Not a Girl.” Target also suggested “The Pronoun Book” to kids aged 0–3.
If they wanted to crucify Epstein as a pedophile for having girls 16 and 17, which are legal ages in Europe and Asia, they do not even teach sex education at such a tender young age. Barbie and Ken dolls did not have genitalia when my daughter was growing up. So now showing child pornography is prison time but not books like these teaching sex to pre-puberty children?
I am just glad I am not raising kids today. I would agree to not shop at Target and I would no longer take my children to Disney.
It is one thing to discriminate against LGBTQ, and another to promote it shoving it down children’s throats at such a young age. This is all going too far and instead of promoting equal rights, it is severely dividing the country offending the religious rights of others. How about we teach atheism in first grade that there is no God and it is all fiction? Would that be acceptable? The world has really gone insane. Civilization works ONLY when everyone benefits – not by dividing it into groups and pitting them against each other.
The Christians were persecuted BECAUSE they refused to respect the beliefs of others. When Rome started to fall, they were persecuted because the Romans thought they offended the gods by refusing to show any respect for other religions. From a historical perspective, this LGBTQ movement is no longer about inclusion and equal rights. This becomes a movement that has no respect for other people’s religious beliefs and is promoting their beliefs and forcing them upon everyone else. This is clearly offending the First Amendment and is courting our own demise.
I fear when the History of the Decline & Fall of Western Civilization is written, as our computer is projecting, there will be an equal parallel to the religious divisions that also tore Rome apart. We are becoming so divided, it will be IMPOSSIBLE to stand together as one nation or society. During the 1840s, gun battles were taking place even on the streets of Philadelphia between Catholics and Protestants. We are messing around with a tinder box. This is feeding into the cycle of our demise for 2032.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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