Job seeker Anu Vatal of Chicago speaks with Patrice Tosi of BluePay, seated, during a career fair in Rolling Meadows, Ill.(M. Spencer Green / Associated Press / May 29, 2013)
On June 5, 2013, Jim Puzzanghera writes in the Los Angeles Times:
Private-sector job growth picked up slightly in May, but the 135,000 positions added by employers fell well short of expectations and showed the labor market is struggling in the face of tax increases and federal spending cuts.
The widely watched monthly report from payroll processing firm ADP on Wednesday showed that the pace of job growth has slowed in recent months as Washington’s belt-tightening spilled into the private sector.
“Instead of accelerating, which of course is what everyone would like to see, we are decelerating in job growth going into the spring and summer,” said Mark Zandi, chief economist at Moody’s Analytics, which assists ADP with the monthly report.
The focus on JOBS CREATION is NOT THE SOLUTION. The solution is to focus on OWNERSHIP CREATION of the FUTURE productive capital assets of our corporations––human intelligent machines, super-automation, robotics, digital computerized operations, etc., broadly owned privately by individual Americans, who over time can accumulate a wealth-creating, income-generating viable capital estate as their primary source of livelihood.
The solutions can be found in the Agenda of The Just Third Way Movement at http://foreconomicjustice.org/?p=5797, Monetary Justice reform at http://capitalhomestead.org/page/monetary-justice and the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm
http://www.latimes.com/business/money/la-fi-mo-adp-jobs-economy-20130605,0,2964130.story
