Walmart to raise wages and give bonuses, citing GOP tax cuts

ㅤ”Walmart announced Thursday it plans to raise starting wages and give a one-time bonus to employees, citing the tax reform bill passed by Republicans and signed into law by President Trump last month.”

ㅤô¿ô …RIght on.

Full story at The Washington Examiner, image from wordpress.com (jobs, labor force, middle class, middle income, tax cuts, tax rates, tax reform, taxes, wages, workforce, working class, walmart) – 1/11/18.

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US Bancorp Rewards Its Minimum-Wage Workers, Thanks to GOP Tax Reform Package

ㅤ”The company will give nearly 60,000 employees a $1,000 bonus, and hourly employees will see their wages increase to a minimum of $15 an hour. A contribution of $150 million will also be given to the U.S. Bank Foundation.”

Full story at The Independent Journal Review, image from wpsdlocal6.com. (jobs, labor force, middle class, middle income, minimum-wage, tax cuts, tax rates, tax reform, taxes, workforce, working class, u.s. bancorp) 1/2/18ㅤHome

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Rep Bustos: Dems Will ‘Perpetually Be in the Minority’ If They Continue Identity Politics, ‘Ignore’ the Economy


ㅤPictured: Rep. Cheri Bustos (D-IL)

Full story at Breitbart, image from house(.gov) • democratic party, democratic socialists, democrats, identity politics, jobs, labor force, middle class, middle income, progressives, socialists, workforce, working class, cheri bustos, bustos • 12/29/17ㅤHome

Winning: American Unemployment Claims Stay at Record 17-Year Low

ㅤ”The American economy reached its 147th straight week that unemployment claims dipped below 300,000, which marks the longest unemployment streak since 1970.”

Full story at Breitbart, image from breitbart(.com) • economy, gdp, gross domestic product, jobs, labor force, middle class, middle income, workforce, working class, unemployment • 12/28/17 ㅤHome

Making Christmas Merry Again: Retail Sales Boom 4.9 Percent

ㅤ”Shoppers were out in force this year, pushing retail sales up at their fastest pace since 2011, according to Mastercard SpendingPulse.
ㅤSales rose 4.9 percent from November 1 through Christmas Eve, handily beating the 3.7 percent gain of last year. Online retail sales rose 18.1 percent.
ㅤ’Overall, this year was a big win for retail,’ Mastercard’s Sarah Quinlan told the Wall Street Journal.
ㅤThe rising sales figures reflect near record high consumer confidence and a strong jobs market. Consumer confidence hit its highest level in 17 years in November. Unemployment fell to a 17 year low in October.”

ㅤô¿ô …Anyone paying attention had predicted this would happen.

Full story at Breitbart, image from youtube(.com) • economy, gdp, gross domestic product, jobs, labor force, middle class, middle income, workforce, working class, christmas, retail sales, consumer confidence ㅤ Home

2018: What’s Next for Obamacare

ㅤ”The Tax Cuts and Jobs Act repealed the Affordable Care Act’s individual mandate. Obamacare mandated that Americans who forgo health insurance would have to pay $695 or 2.5 percent of their income, whichever is larger. The Internal Revenue Service (IRS) found that 80 percent of those who pay the Obamacare mandate fine make less than $50,000 a year, making the mandate’s repeal a huge middle-class tax cut.”

Full story at Breitbart, image from breitbart(.com) • aca, jobs, labor force, middle class, middle income, obamacare, tax cuts, tax rates, tax reform, taxes, workforce, working class, mandate, medicaid ㅤ Home

Manufacturing Boom: Philly Fed Index Unexpectedly Jumps on Accelerating Factory Momentum

ㅤ”Manufacturing growth is accelerating into the end of the year, defying expectations that recent growth would slow, according to data from the Philadelphia Federal Reserve.
ㅤThe Philly Fed’s Manufacturing Business Outlook Survey soared up to a reading of 26.2 in December, up from 22.7. Economists had been expecting a slight downtick to 21.8.”

Full story at Breitbart, image from breitbart(.com) • jobs, labor force, middle class, middle income, workforce, working class, manufacturing ㅤ Home

TAX CUT WIN: AT&T Announces $1 Billion in Capital Spending and $1000 Bonuses for More Than 200,000 U.S. Employees

ㅤ”‘Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,’ said AT&T chief Randall Stephenson. ‘This tax reform will drive economic growth and create good-paying jobs.'”

Full story at Breitbart, image from breitbart(.com) • jobs, labor force, middle class, middle income, tax cuts, tax rates, tax reform, taxes, workforce, working class, at&t ㅤ Home

Sarah Sanders Calls Obama Taking Credit for the Economy Laughable, Brings Along Facts to Prove It

ㅤô¿ô …The working class has not seen a significant increase in pay for decades. The President’s policies will make the increases significant. However, it’s uncertain whether or not inflation will rise and negate the effects of the pay increases.

Full story at The Independent Journal Review, image from ijr(.com) • jobs, labor force, middle class, middle income, sanders, sarah huckabee sanders, sarah sanders, trump administration, white house, workforce, working class ㅤ Home

Rural poverty skyrockets as jobs move away

ㅤ”The lack of jobs in rural America threatens to create a new generation of chronic poverty, Thiede said. In 1980, 70 percent of rural Americans living in poverty were working, albeit in low-wage jobs. Today, less than half of the rural poor are working. That has contributed to a host of other societal problems, including the rising opioid epidemic and lower life expectancy for those living outside of cities.”

Full story at The Hill, image from thehill(.com) • jobs, labor force, middle class, middle income, workforce, working class, rural americans, poverty ㅤ Home