THE JOBS REPORT
The job numbers reported this AM were surprising. A little improvement but not the robust numbers expected. Why?
The positive is simply because states are opening their economies again and ceasing with Covid restrictions.
In fact, employers are finding it hard to find employees to fill jobs. They are looking for people, and some are too willing to take unemployment rather than work.
All of the above is true.
What’s not is what you will hear from the administration and media. They will tell you the Biden program is working. Now maybe it will work, but this report is because we opened the economy not because we are promising increased spending and taxes. In fact their benefits program is hurting the recovery.
Axios wrote today: The job numbers ” would be even bigger if employers could find all the workers they need.”
The WSJ reported it this way: “Analysts say the labor shortages should ease as more potential workers are vaccinated, schools fully reopen and federal benefits expire, though the process could take months and the impacts are already being felt.”
DID YOU SEE OR HEAR THIS?
The Federal Election Commission said it won’t pursue a complaint that former President Donald Trump violated campaign-finance rules when his lawyer tried to buy an adult-film actress’s silence before the 2016 election.
We sure heard a lot about it at the outset. Now that they close it, did you know?
Goes back to the old, “where do I go to get my reputation back” question.
SOME NEWS TODAY SURPRISING AND SAD
There was a surprising announcement from Mayor Bottoms of Atlanta last night. As you may recall she was mentioned as a possible VP for Biden last year. Well she announced that she will not seek a second term. it took everyone by surprise. She can’t be running for the Senate since both seats are held by Democrats.
The other surprise was Press Secretary Jen Psaki who said she will leave her role at the White House a year from now. “I think it’s going to be time for somebody else to have this job, in a year from now or about a year from now,” she revealed yesterday in the interview with David Axelrod.
The last remaining sibling of former President George H.W. Bush (41) passed away last night. Jonathan Bush was 89.