Hiding in the basement avoiding the heat. Two news items of note. The first, from James Pethokoukis, who emphasizes how “not fine” the private sector really is:
The government’s April Job Opening and Labor Turnover report was, in the words of JPMorgan economists, “soft, lending some credence to the view that the April-May slowing seen in the payroll report was real and not a statistical fluke.”
– The number of job openings in April fell 325,000 to 3.416 million. That’s the lowest level since November of last year.
– But here is the real red flag. Private job openings fell 282,000 — the most since early 2009 — to 3.080 million. Early 2009, if you recall, saw the economy just hemorrhaging jobs.
Hemorrhaging, eh? Wonderful news less than six months before an election. Have the Obami figured out how to make the unemployment number not reflect the new pool of job seekers they’ve illegally granted amnesty to–or will those folks simply not be counted as part of the labor pool?
Speaking of which, it will be interesting to see how much traction the handful of block-the-President bills gain. Rep. David Schweikert (R-Ariz) said of his bill:
“Last week, the president decided to grant amnesty and hand out work permits to hundreds of thousands of illegal immigrants, while over 23 million Americans remain unemployed and the civilian participation rate is at a 30-year low,” he said Monday. “This amounts to an abdication of duty to the American people who are struggling in this economy.”Instead of working with Congress to secure our border and reform our immigration policy, President Obama sought to circumvent Congress once again.”
I knew this would be an insane election season. I never knew how much. This salvo from Obama last week–only one step short of full amnesty, by fiat at that–shows he’s willing to stop at nothing.
Anyone else nervous about the newfound pools of voters they’ll dig out of graves, one way or another?