Rocky Mountain Voice

Tag: Labor Market

Palantir CEO Says AI Could Shift Economic Power Toward Working Class Voters
The Gateway Pundit, Approved, National

Palantir CEO Says AI Could Shift Economic Power Toward Working Class Voters

By Ben Kew | The Gateway Pundit Palantir CEO Alex Karp has said that artificial intelligence (AI) could shift economic influence away from highly educated voters who tend to support Democrats and toward vocationally trained, working-class men. In an interview with CNBC, Karp discussed the broader societal impact of artificial intelligence and how it is expected to transform employment. “This technology disrupts humanities-trained, largely Democratic voters, and makes their economic power less.” “And increases the economic power of vocationally trained, working-class, often male, uh voters,” Karp said. “So these disruptions are gonna disrupt every aspect of our society,” he said. READ THE FULL ARTICLE AT THE GATEWAY PUNDIT
Small Businesses Lead Surprise Drop in U.S. Private Payrolls
The Denver Gazette, Approved, National

Small Businesses Lead Surprise Drop in U.S. Private Payrolls

By Reuters | The Denver Gazette WASHINGTON – U.S. private payrolls unexpectedly declined in November as small businesses shed jobs, but the weakness is probably not a true reflection of the labor market’s health, with recent government data showing layoffs remaining at low levels late last month. Economists also cautioned against reading too much into the ADP employment report published on Wednesday, arguing its monthly estimate has historically diverged from the government’s private payrolls count produced by the Labor Department’s Bureau of Labor Statistics. “It is too loosely correlated with the official data to be troubling,” said Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics. “It would be unwise to lower forecasts for the official data, however, on...
When will the health-related employment bubble burst?
Rocky Mountain Voice, Commentary, State, Top Stories

When will the health-related employment bubble burst?

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice A few weeks ago, the U.S. Bureau of Labor Statistics (BLS) announced that it had inadvertently overstated—by more than 100%—the number of new jobs created across the United States during the last full year of the Biden/Harris Administration. The BLS also noted that corrected industry and state-specific numbers won’t be available until early next year, although no changes are expected to previously published numbers for new jobs created in the “Health Care & Social Assistance” and “Government” industry categories. The overstatement means that the number of new jobs reportedly created in Colorado since the start of the current post-COVID economy (January 2023) will likely end up lower than the published 78,900, although ...
Minimum wage hikes sound compassionate but close the door on opportunity
Rasmussen Reports, Approved, Commentary, National

Minimum wage hikes sound compassionate but close the door on opportunity

By Brian Joondeph | Commentary, Rasmussen Reports A new Rasmussen Reports survey reveals that 40% of Americans now believe the minimum wage should be at least $15 an hour, up from 36% a year ago. That’s a strong sentiment. After all, who doesn’t want working Americans to earn more? But compassion and sound economics are two very different things. In fact, the optimal minimum wage from an economic perspective is zero. This isn't an insult to workers but a recognition that government cannot create prosperity by decree, despite campaign promises. When wages are set by law instead of supply and demand, the first casualties are often those who need an entry point, such as teenagers, part-time workers, and adults looking for a second job to supplement their income. Contrary to...
Trump Delivers: Over 2 Million Jobs Gained by U.S.-Born Workers in 2025
National, Approved, I Stand for Freedom

Trump Delivers: Over 2 Million Jobs Gained by U.S.-Born Workers in 2025

By Noah Stanton | I Stand for Freedom Remember how the experts predicted doom and gloom for America’s economy? Those predictions have aged about as well as milk left on the kitchen counter in July. Instead, Americans are seeing something remarkable happening in job numbers across the country. Paychecks are growing and help wanted signs are popping up everywhere you look. What’s behind this amazing turnaround? While the usual talking heads on TV scratch their heads, everyday Americans are noticing a big shift in who’s getting hired these days. The economy isn’t just growing – it’s growing differently than before, and many families are feeling the positive effects firsthand. The secret to this economic transformation? President Trump’s tough border policies are working exactly as pr...
147,000 jobs added in June as employers push through uncertainty
Fox Business, Approved, National

147,000 jobs added in June as employers push through uncertainty

By Eric Revell | Fox Business Department of Labor releases closely watched June jobs report The U.S. economy added jobs in June at a faster pace than in recent months, despite economic uncertainty stemming from trade, tax and monetary policy. The Labor Department on Thursday reported that employers added 147,000 jobs in June. That figure was above the estimate of economists polled by LSEG, who projected 110,000 jobs would be added. The unemployment rate ticked down slightly to 4.1%, which was lower than economists' expectations of 4.3%. Job gains in the prior two months were both revised, with job creation in April revised up by 11,000 from a gain of 147,000 to 158,000; and May job gains were revised up by 5,000 from a gain of 139,000 to 144,000. Taken ...
99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs
Approved, National, The Post Millennial

99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs

By Thomas Stevenson | Post Millennial Only around 75% of jobs added under Biden's last two years in office were added to the private sector. Under President Donald Trump's first few months in office during his second term, 99.8 percent of all job growth was in the private sector, in comparison to around 75 percent in the last two years of the Biden administration. In a press release, the White House touted the jobs numbers, saying, "Since President Trump took office, 99.8% of job gains have been in the private sector. During the final two years of the Biden Administration, one in four jobs created were in government," or 25 percent of job growth.  The jobs report for the month of May saw 139,000 jobs added to the economy, surpassing expectations from the Dow Jones as some have ...
Denver ranked as the hottest labor market in the US
Approved, kdvr.com, Local

Denver ranked as the hottest labor market in the US

By Spencer Kristensen | KDVR Job hunting has never been a fun task. Financial security depends on it; it can take months to maybe even years to find something and there are always so many outside factors affecting the market. Job hunting in 2024 has become even more stressful. Many fields are still recovering from the effects of the COVID-19 pandemic, it can take filling out hundreds of applications to even hear back for one preliminary interview, companies are receiving thousands of digital applicants and resume tailoring and networking have become a necessity. At times, the job hunt can feel hopeless. It doesn’t always have to be that way though. With a good plan and plenty of research, applicants can increase their odds. READ THE FULL STORY AT KDVR

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