...To be his Secretary of Labor, Carter selected Ray Marshall, (click here) a labor economist at the University of Texas. Marshall had worked and published extensively on unemployment problems, particularly for minority groups. He had also worked in such areas as industrial relations, rural development and international migrations of workers. Marshall saw his role as Secretary as setting overall policies, selecting subordinates who would best achieve these policies, and representing the Department in external relations. Like many of his predecessors, Marshall believed in refraining from unnecessary intervention in collective bargaining. He sought to improve the representation of qualified women, blacks and other minorities among the Department of Labor's political staff. He sought to develop adequate relations and liaison with groups ranging from the White House, Capitol Hill and state government to unions and business. To improve the performance of the Department, Marshall emphasized the need to simplify operations and strengthen the Department's policy analysis capabilities.
The Department played a major role in the President's economic stimulus program. It received about $8 billion for Public Service Employment and other programs under CETA. Public service jobs increased from 310,000 in 1976 to a peak of 725,000 in 1978. The Department also expanded the Job Corps and other youth training programs. It developed and tested new ways to meet employment related needs of rural workers and Native Americans. It improved on-the-job training for veterans and others through the Hope through Industry Retraining and Employment program. This program provided incentives for companies to hire and train needy persons. A Skill Training Improvement Program provided retraining for displaced workers to prepare them for jobs by giving them skills which were in short supply.
CETA was extended and revised by the 1978 reauthorization act. This legislation was driven by two concerns: the need to make employment and training more effective through greater involvement of the private sector; and, the concern that CETA resources were not targeted on those most in need. The major new feature was the Private Sector Initiatives Program. PSIP complemented the public employment program already in full swing. The main goal of PSIP was to redirect CETA toward placing the unemployed in jobs in the private sector. To do this, PSIP sought to increase the participation of private employers in CETA programs. Enacted as a two-year demonstration program, PSIP helped private firms provide job training for disadvantaged persons and the long-term unemployed. Business executives, labor leaders and others set up Private Industry Councils in the local areas to work with CETA prime sponsors....
The Carter Administration when it came to jobs was about reformation. Jimmy Carter was the Governor of Georgia before being elected to the Presidency of the USA. He knew something about the South and hurdles for those with rural understandings of life and oppression of minorities.
Those that only understand dollars spent that increase the national debt laugh at this administration because they believe he spent money into the national debt to have an economy. That was not the case. Former President Carter was a reformer and wanted those LEFT OUT of the American economy and the American Middle Class to have the opportunity to increase their quality of life.
I find it more than interesting that President Joe Biden is facing the same paradigm more than a half century later. There is a definite focus to increase opportunity for minority Americans in the USA within this administration and what is ever more interesting is that the trajectory is taking on the same curve. There is definitely problems within this country that persists through generations.
Russia’s official news agency (click here) photographed President Trump’s meeting with Sergey V. Lavrov in the Oval Office on Wednesday. The American press was denied access.
We are still fighting White Supremacy/Nationalism. Now, today, the USA is looking at a former president that was literally leader of the Christian Nationalists in the USA and the oppression of American minorities. We have come full circle. The Republicans at the time of Carter CHOSE to have a baseline electorate that include people that were misdirected in their morality to judge others by skin color or eye slant. The Republicans over decades of time elected a man to the White House that redirected the entire focus of the federal government and exposed the USA to danger. Donald John Trump is known to have benefitted and won the 2020 election with the assistance of Russia according to an examination of evidence by Former FBI Director Robert Mueller. That is a fact.
So, most appropriately, the Biden Administration is fighting back against the oppression enforced in the Trump Administration and the job numbers and spending reflect it. The question in this economy is when will The Fed finally reach a level of interest to the banks that actually impact high housing prices? That is the main hurdle today in the American economy. Owning a home is everything, including a secure retirement. The Fed must increase interest rates to bring demand down because of the cost of a mortgage. The increase in job rates is inevitable with the focus of this White House. The USA in the Biden Election of 2020 completely rejected White Supremacy/Nationalism, decided women know how to make their own decisions, including a career path, and having a good paying job and a family to love was vital to being an American. Don't leave out a strong military. NATO has been tested as never before.
I think Joe's Jobs Numbers are great. Every person regardless of race or religion should be finding jobs and opportunity to be upwardly mobile to increase their quality of life, no matter how they define it, so long as it is legal.
Employers (click here) added 315,000 jobs last month on a seasonally adjusted basis, the Labor Department said Friday. That was down from 526,000 in July, though it still represented a strong pace of growth.
The unemployment rate rose to 3.7 percent, from a half-century low of 3.5 percent in July. That rate only counts people who are actively looking for jobs, and the uptick came alongside a big increase in the size of the labor force — a sign that rising wages, abundant job opportunities and the receding pandemic are leading more people to look for jobs.
Economists have been saying for months that job growth was likely to slow as the economy comes down from last year’s vaccine-fueled boom and as higher borrowing costs make it harder for businesses to expand. Instead, the labor market remained red hot even as other parts of the economy, such as the housing market, turned sharply lower. The data released Friday indicated the long-delayed slowdown may finally have begun.
“It’s definitely a downshift from what we saw earlier in the year,” said Sarah House, an economist at Wells Fargo. “But step back and look at the bigger picture here. The fact that we’re still putting up gains of over 300,000 even as we’ve recovered all the jobs lost, that’s still a really impressive feat.”...
By Jim Tankersley
...The jobs report on Friday (click here) was the first of the summer to support the case Mr. Biden and his economic aides have been making for months: that the economy is beginning to step down from a high-growth, high-inflation expansion coming out of the pandemic recession but avoiding another recession.
The report showed the country added 315,000 jobs in August, down from 526,000 in July. The unemployment rate ticked up slightly, to 3.7 percent. That cooling is enough to support Mr. Biden’s contention, which he first laid out in a Wall Street Journal opinion piece in May, that the country is set to “see fewer record job-creation numbers, but this won’t be cause for concern.”
There were also signs in the report that inflation could be coming down, as the Federal Reserve aggressively raises interest rates in order to tame price growth that has reached a 40-year high. Average wages continued to rise, the Labor Department said, but not as quickly as in previous months. Administration officials have been hoping for the Fed’s rate increases to bring down inflation while not slamming the brakes on growth, triggering a recession and plunging millions of Americans out of work....
