The Sky is Falling, for real this time.

theskyisfalling

Today is my favorite time of the month. Today is August 7 and  it’s the day that the Bureau of Labor Statistics (BLS) puts out who got fired aka the employment situation, economic news release. This is where all of the media gets the numbers that they spin. Why don’t they just provide the numbers with no commentary? I guess that would be boring. Here is my entertaining spin on the pieces of clouds that are hitting me on the head.

Nonfarm payroll employment declined by 247,000 jobs (we needed 100,000 jobs a month to continue to employ the job market BEFORE La Crisis, so don’t let the corporate people lie to you and let you think everything is ok now since last month it was higher, it’s not ok, it’s nowhere near ok.)

“Another way of looking at the above task is to determine how long it will take the nation to return to full employment — basically an economy in which everyone who wants to work can find a full-time job to match their skill set and experience. It’s no minor task: the U.S. economy has to create about 200,000 jobs per month — a roughly net 100,000 job gain over the monthly gain needed to keep unemployment from rising — for the next 5.5 years to replace the roughly 6.8 million jobs lost during the recession.” Joseph Lazzaro, Daily Finance.

Also there are now 796,000 discouraged workers up by 335,000 over the past 12 months.

And there are now five million people who have been unemployed longterm (longterm is more than 27 weeks.)

On Chart A12 section U-6 Total unemployed, plus all marginally attached   workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.. is now 16.3%.

The Employment Situation for August is scheduled to be released on Friday,
September 4, 2009, at 8:30 a.m. (EDT).

Edited by Browne Molyneux

re: Bratton

anarcoming
(One can dream!)

I’m going to keep mum about what I really think, mostly because I never cared for Bratton. Politicos and most media sources are falling over themselves to heap more praise, which is to be expected. But La Crisis is intensifying, not diminishing. Crimes of necessity are going to come back in style.  And I bet that pesky little narco war is going to spill over into LA sometime soon. Rich folks need their supply of fun.

But this is what I really think: he is leaving now because things are about to get really bad. Better to leave before the stats turn negative.

Discuss.

El Verde: Viva La Frita

Go see El Verde. Why ? Because I said so. That’s not good enough for ya ? Well how bout if I told you that you are going to have a great time at the show ? That you’ll end up loving the show and laugh your ass off from all the jokes and skits in the show. That you’ll love the way it is cleverly written by play right Anthony Aguilar and has a star studded cast that will amaze you and make you feel like you’re watching a major production in Boyle Heights. Did I mention that El Verde is hilarious ? Because it is. It’s playing all month long Friday through Sunday you none of you have any excuse not to go see it. Not only that but Boyle Heights residents get a discount too. Go see it. You will not be disappointed. It’s a great date night and a great opportunity to see a Casa production at its finest. RESERVATIONS ARE HIGHLY RECOMMENDED BECAUSE THERE’S ALWAYS A FULL HOUSE.

show-flier

August 7 – 30, 2009
Fri- Sat @ 8pm
Sun @ 2pm
General, $15
Students / Seniors, $12
Boyle Heights, $10
Group Discounts available
Purchase your tickets at
http://www.brownpapertickets.com/event/69294

Or make your reservations at
elverdereservations@gmail.com
For more information on the show please email us at
elverdeshow@gmail.com to join our mailing list!

Casa de Sousa getting evicted

photo1

When I stop and think about days of future past and dealing with landlords evicting my family and I from our home/apartment, I remember what it felt like. To have to turn off everything in the house/apartment to make it seem like no one was home. Getting on all floors and looking through the crevace the bottom of the door waiting for the shadows to leave all the while hearing knocking on the door and the manager say, “when are you going to pay your rent ? I know you’re in there. You need to pay soon or else I’m going to have to kick you out of the house/apartment.” I felt that same feeling of uncertainty when I was talking to Conchita Sousa and Fernando Cruz about Cafe Casa de Sousa receiving an eviction notice from the manager in charge of the Placita Olvera merchants and stores.  However the circumstances and reasons for Casa de Sousa receiving that eviction notice last week still remain unclear because no one from the management has given them a proper reason for the notice, even after Sousa and Cruz tried talking to them to come to reasonable out come and work things out civily. No dice. Continue reading

Thanks Bwana, but what do we now call the parts of Boyle Hts and Lincoln Hts that vanished?

Thank Goodness we on the LA Eastside have the LA Weekly and Drew Tewksbury to determine where the actual LA Eastside is. Up until I read his article below I always thought the western boundary of the LA Eastside was either downtown at first and Broadway or the more accepted “east of the LA River”.  Now I realize how naïve I have been all these years and can pay homage to Drew Tewksbury for setting us all straight in the LA Weekly. The Eastside is east of the Golden State Frwy (I-5), and the parts of Boyle Hts, Lincoln Hts, that are now part of something else be damned! Hey at least we picked up Frogtown in the deal!

 

 It’s not quite east of the 5 (just short by 0.2 miles), but there’s no dispute that Boyle Heights’ Eastside Luv embodies the Eastside vibe. “

 

????????????????????????????????????????????????????????????????????????????????

East of the 5: Spreading the Eastside Luv in Boyle Heights

By Drew Tewksbury in Live in L.A., Nightlife and Events

Friday, Jul. 24 2009 @ 11:45AM

 

Believe it or not, Echo Park and Silver Lake are not the Eastside. Gentrification has erroneously recalibrated the orientation of Los Angeles. The real Eastside lies past the 5 freeway and the L.A. River, where underground and established music venues thrive under the radar. This week, West Coast Sound goes eastward to investigate what lies on other side of the 5.

What’s in a song

California Love

I woke up this morning and put my tunes on shuffle. “Sweet Home Alabama” comes up and I ponder to myself, what is the equivalent of that song but for L.A. Cheech and Chong have “Born in East L.A.” a great jam. I was always partial to the Red Hot Chilli Peppers “Under the Bridge” and La Cindy says that Randy Newmans “I Love L.A.” is also a good choice. Hmm… I’m curious. I want to know what are some of the best songs that when you hear them, you think L.A. Any suggestions ?

The Real Number of Unemployed Nationally: 16.5 %

I'm glad we agree, this is not a job. Pic by Steve Schwartz

I'm glad we agree, this is not a job. Pic by Steve Schwartz

Often when my friends and I talk about issues of unemployment a question comes up. How do we know if this number that we read in the paper is including everyone?

What about your friend who hasn’t had a job in two years and has just stopped looking?
What about people who work temp jobs, so they sort of have a job, but not really?
What about people who got a job at the mall during the SUPER SUMMER SALE, but then got let go?

I found a table to answer those questions.

There is a table in the Bureau of Labor and Statistics. It’s table A12. It is the Alternative Measures of Labor Underutilization.  (H/T to Jonathan Tasini of Working Life, I was actually going to work this number out the old fashioned way with pencil and paper, but you saved me time.) 

16.5% is the number of unemployed nationally if you take into the account all of things that we all wonder about in regards to true unemployment: Continue reading