The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

By Jim Puzzanghera, Los Angeles Times

Private-sector job growth slowed in May to 179,000, the lowest level since January, payroll firm Automatic Data Processing said Wednesday.

The figure was below analyst expectations for 210,000 net new jobs. ADP also revised down its April estimate by 5,000, to 215,000.

“After a strong post-winter rebound in April, job growth in May slowed somewhat,” said ADP Chief Executive Carlos Rodriguez.

Still, the May figure was an improvement over the 163,000 net new jobs a year earlier and was in line with the average over the previous 12 months, he said.

The ADP report comes two days before the Labor Department’s monthly report on private- and public-sector job growth. But it can be an unreliable indicator.

For example, ADP initially reported 220,000 net new private-sector jobs in April. The Labor Department said the figure was 273,000.

Some of that April growth was a bounce back from sluggish hiring in the winter because of extreme weather in much of the country. Economists have been expecting a slowdown in May.

The consensus forecast is that the Labor Department will report Friday that the economy added 213,000 net new jobs in May. The unemployment rate is projected to rise 0.1 percentage points to 6.4%.

May’s private-sector job growth was disappointing, said Mark Zandi, chief economist of Moody’s Analytics, which assists ADP in preparing the report.

“The job market has yet to break out from the pace of growth that has prevailed over the last three years,” he said.

The slower growth last month came largely from less hiring by professional and business services companies, which added 46,000 net new jobs compared with 75,000 the previous month, Zandi said.

Companies that provide temporary workers in those fields might have become more cautious after aggressive hiring during the past year, he said.

Construction, another important industry, saw job growth drop by 2,000, to 14,000, in May, the lowest level since August, ADP said.

In a positive sign, hiring by manufacturing firms increased sharply, with 10,000 net new jobs in May compared with 2,000 the previous month, ADP reported. It was the best job growth for that sector since December.

Photo: Samuel Huron via Flickr

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Mark Levin

Politico reported Friday that John Eastman, the disgraced ex-law professor who formulated many of former President Donald Trump’s efforts to overturn the 2020 election results, was also apparently in communication with Fox News host Mark Levin. The story gets even more interesting from there, revealing the shell game that right-wing media personalities engage in while doubling as political operatives.

A legal filing by Eastman’s attorneys reveals that, among the messages Eastman is still attempting to conceal from the House January 6 committee are 12 pieces of correspondence with an individual matching Levin’s description as “a radio talk show host, is also an attorney, former long-time President (and current board chairman) of a public interest law firm, and also a former fellow at The Claremont Institute.” Other details, including a sloppy attempt to redact an email address, also connect to Levin, who did not respond to Politico’s requests for comment.

Keep reading... Show less

Sen. Wendy Rogers

Youtube Screenshot

There have been powerful indicators of the full-bore radicalization of the Republican Party in the past year: the 100-plus extremist candidates it fielded this year, the apparent takeover of the party apparatus in Oregon, the appearance of Republican officials at white nationalist gatherings. All of those are mostly rough gauges or anecdotal evidence, however; it’s been difficult to get a clear picture of just how deeply the extremism has penetrated the party.

Using social media as a kind of proxy for their real-world outreach—a reasonable approach, since there are few politicians now who don’t use social media—the Institute for Research and Education on Human Rights decided to get a clearer picture of the reach of extremist influences in official halls of power by examining how many elected officials participate in extremist Facebook groups. What it found was deeply troubling: 875 legislators in all 50 states, constituting nearly 22% of all elected GOP lawmakers, identified as participating members of extremist Facebook groups.

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}