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The SOURCETheSummer JobscapeThe employment situation is aimportant one to all of us. It affectsone form or another of ourfinances and has a direct relationshipto the cost of things we buy.The Department of Labor issuesmonthly and quarterly reportsand we will from time to timereprint them in an effort to keepour readers informed. Here is theJune 1, 2012 report.THE EMPLOYMENTSITUATION -- MAY 2012Nonfarm payroll employmentchanged little in May (+69,000),and the unemployment rate wasessentially unchanged at 8.2 percent,the U.S. Bureau of LaborStatistics reported today. Employmentincreased in health care,transportation and warehousing,and wholesale trade but declinedin construction. Employment waslittle changed in most other majorindustries.Household Survey DataBoth the number of unemployedpersons (12.7 million) andthe unemployment rate (8.2 percent)changed little in May. (Seetable A-1.)Among the major workergroups, the unemployment ratesfor adult men (7.8 percent) andHispanics (11.0 percent) edged upin May, while the rates for adultwomen (7.4 percent), teenagers(24.6 percent), whites (7.4 percent),and blacks (13.6 percent) showedlittle or no change. The jobless rate1119 North First Unit GGrand Junction(970) 242-4500http://grandjunctionco.expresspros.com/for Asians was 5.2 percent in May(not seasonally adjusted), downfrom 7.0 percent a year earlier.(See tables A-1, A-2, and A-3.)The number of long-term unemployed(those jobless for 27weeks and over) rose from 5.1 to5.4 million in May. These individualsaccounted for 42.8 percent ofthe unemployed.The civilian labor force participationrate increased in May by0.2 percentage point to 63.8 percent,offsetting a decline of thesame amount in April. The employment-population ratio edgedup to 58.6 percent in May.The number of persons employedpart time for economicreasons (sometimes referred to asinvoluntary part-time workers)edged up to 8.1 million over themonth. These individuals wereworking part time because theirhours had been cut back or becausethey were unable to find afull-time job.In May, 2.4 million persons weremarginally attached to the laborforce, up from 2.2 million a yearearlier. (The data are not seasonallyadjusted.) These individualswere not in the labor force, wantedand were available for work,and had looked for a job sometimein the prior 12 months. Theywere not counted as unemployedbecause they had not searched forwork in the 4 weeks preceding thesurvey.Among the marginally attached,therewere 830,000discouragedworkers in May,about the sameas a year earlier.(The data arenot seasonallyadjusted.) Discouragedworkersare personsnot currentlylooking forwork becausethey believe no jobs are availablefor them. The remaining 1.6 millionpersons marginally attachedto the labor force in May had notsearched for work in the 4 weekspreceding the survey for reasonssuch as school attendance or familyresponsibilities.Establishment Survey DataTotal nonfarm payroll employmentchanged little in May(+69,000), following a similarchange in April (+77,000). In comparison,the average monthly gainwas 226,000 in the first quarterof the year. In May, employmentrose in health care, transportationand warehousing, and wholesaletrade, while construction lostjobs.Health care employment continuedto increase in May (+33,000).Within the industry, employmentin ambulatory health care services,which includes offices ofphysicians and outpatient carecenters, rose by 23,000 over themonth. Over the year, health careemployment has risen by 340,000.Transportation and warehousingadded 36,000 jobs over themonth. Employment gains intransit and ground passengertransportation (+20,000) and incouriers and messengers (+5,000)followed job losses in those industriesin April. Employment inboth industries has shown littlenet change over the year. In May,truck transportation added 7,000jobs.Employment in wholesale traderose by 16,000 over the month.Since reaching an employmentlow in May 2010, this industry hasadded 184,000 jobs.Manufacturing employmentcontinued to trend up in May(+12,000) following a similarchange in April (+9,000). Job gainsaveraged 41,000 per month in thefirst quarter of this year. In May,employment rose in fabricatedmetal products (+6,000) and inprimary metals (+4,000). Since itsmost recent low in January 2010,manufacturing employment hasincreased by 495,000.Construction employment declinedby 28,000 in May, with joblosses occurring in specialty tradecontractors (-18,000) and in heavyand civil engineering construction(-11,000).Since reaching a low in January2011, employment in constructionhas shown little change on net.Employment in professionaland business services was essentiallyunchanged in May. Sincethe most recent low point in September2009, employment in thisindustry has grown by 1.4 million.In May, job losses in accountingand bookkeeping services(-14,000) and in services to buildingsand dwellings (-14,000) wereoffset by small gains elsewhere inthe industry.Employment in other majorindustries, including mining andlogging, retail trade, information,financial activities, leisureand hospitality, and government,changed little in May.The average workweek for allemployees on private nonfarmpayrolls edged down by 0.1 hourto 34.4 hours in May. The manufacturingworkweek declined by0.3 hour to 40.5 hours, andfactory overtime declined by0.1 hour to 3.2 hours. The averageworkweek for productionand nonsupervisory employeeson private nonfarm payrolls wasunchanged at 33.7 hours.In May, average hourly earningsfor all employees on privatenonfarm payrolls edged up by 2cents to $23.41. Over the past 12months, average hourly earningshave increased by 1.7 percent. InMay, average hourly earnings ofprivate-sector production andnonsupervisory employees edgeddown by 1 cent to $19.70.The change in total nonfarmpayroll employment for Marchwas revised from +154,000 to+143,000, and the change for Aprilwas revised from +115,000 to+77,000.Source:Department of Labor (Federal)6The SOURCE / June 2012Our Experince Serving YourBuying and Selling Needswww.realestatewestonline.comTina HarbinReal Estate West1001 N. 5th St. • Grand Junction(970) 243-7100 Office • 234-3808 Cell(970) 243-4332 FaxLike Us On Facebook @ The Source NewspaperRead Us Online For FREEwww.yvsource.comBRADLEY C. HIBBERD, PCServing the Western SlopeBradley C. Hibberd, Esq.Attorney at Law605 Grand AvenueGrand Junction, CO 81501(970)243-8865bradleyhibberd@bresnan.netStraightforward, Realistic, Legal AdviceCALL FOR AN APPOINTMENT
Interview ByMolly van LawickI am John Davis, Jr., a husband,a father of six and grandfather offour. My family has been in GrandJunction for six generations. I’vebeen almost entirely self-employedsince I graduated from high school;although I have no college degree,I’ve been through the school ofhard-knocks several times over.I am a man of integrity and aman of vision. I’ve made mistakes,and I’ve learned from them. Mygreatest strengths are commonsense and problem solving. I loveGod, and I love America. I’mdedicated to my family, to God, tomy community and to my country.As a businessman, I think that thosesame economic principals can applyto our country.I don’t look like a president. Idon’t talk like a president, andI don’t act like a president. I do,however, have what it takes to bea president. I care about where thiscountry is headed, and I want to dosomething about it. I don’t thinkgovernment is or should be so faraway that it is virtually unattainableto the average person. We’ve letothers handle our government,but there’s a time for Americans tostand up, and that time is now.Q: Why would you want to bepresident of the United States?A: Why would a young man gointo military service for his countrywith the possibility of being killed,wounded or becoming disabled?There is only one answer to both ofthese questions: because that personis a patriot who wants to serve hisor her country, to preserve his andour way of life and our freedoms. Iwant to serve my country and putmy experience to work making aPoliticstrue difference in America. I neversaid, in running for President, thatmy desire was to BE President,I said my desire was to serve mycountry.Q: What was your plan in gettingyour virtually unknown nameout to the general population ofAmerica, which is, by no means,an easy task?A: My wife and I loaded up atour bus. Almost solely with ourown money, we set out to visit everycounty in America, something noother presidential candidate has everdone or even attempted. Althoughwe’ve fallen short of being able tosee them all, we’ve made it to over2,000 counties. We were able to getthe word out to average citizens thatWho is John Davis, Jr.?our tax dollars support them. If wecan’t trust those in office, who arewe supposed to trust as Americancitizens? The divorce rate has risento a point where it seems we don’teven value marriage, anymore.Children continue to be born outof wedlock, and the numbers thatour government (you, the taxpayer)supports keeps getting larger. It’sa moral issue when you buy oncredit more thatyou can pay forand then don’tpay it. It’s lackof integrity whenyou feel you canlive beyond yourmeans becausesomeone else willbe responsiblefor the shortage.A b s o l u t e l y ,economics andmorals/valuesare related.the White House can and shouldrepresent them. It was, indeed, aservice to our country that, even ifI didn’t make it to the White House,we wanted our country’s citizens toknow they could, by way of theirvote and their voice. We are still inthe running, and we’ve made theTexas ballot. In our travels, we alsoheard the voices of our citizens;and, much as I’d suspected, weJohn Davis with Wife Debrawere reminded over and over thatAmerican values and morals, orlack thereof, correlate directly toour economic conditions.Q: You bring up economics andmorals being related—how so?A: Our countries moral valuesare broken. We have politicians whoaren’t paying their taxes; they’recheating on their wives whilethey’re supposed to be serving ourcountry. And they’re doing it whileQ : D o y o ubelieve a balancedbudget is evenattainable?A: YES! Wehave tried to sellout our children’sf u t u r e b yenslaving themwith debt, and it isour responsibilityto turn that tidenow. We have so many places wherewe need to adjust spending. Thecuts will hurt, but that can’t stopus from doing it. Just to name a few,we should not be making choicesabout education from a federallevel. Who is better equipped todecide what the education needsof our community are than we inthe community. Job diversity andtraining are regional and should bepart of education. Everyone shouldhave a goal to have a job for thepurpose of being self-sufficient, andthat is why apprenticeships shouldbe combined with education. Theresult is saving money, bettereducation, and responsibility ofour community and ourselves.Another area is government jobs.We should not be competing withthe government for jobs.Q: How did you learn all thesethings?A: I just do what my fathertaught me. He taught us that we,not someone else, are responsiblefor ourselves. We learned from ayoung age the value of a dollarbecause he made us work and buythings of our own, so we couldappreciate that work equals money,and you can’t spend more than youhave. Also, you had to live with thechoices you made if you spent yourmoney wrong. He taught me to beman of God. I’ve done the samefor my children. Those traditionalvalues still work today. Hard workis something many of us forgot toteach our children. But you can’tcopy a good parenting example ifthe parents are absent or not doingit themselves. We can’t teach ourchildren that indulgence is anentitlement. We have opportunityhere in America, but you must putin the effort.Q: You use the phrase “manof God.” What does that mean toyou?A: It means I believe in Jesus, and Ibelieve that Biblical principals wereused in creating our Constitution.When traveling all over the country,I found that people were desperatefor the return of God in the WhiteHouse. We are still a Godly societythat is ready to stand up and bringGod, morals, values and integrity toour elected offices—including thePresidency.The SOURCETHE EVOLUTION OF A TRULY LEGENDARY BLOODLINETEST DRIVE THE ALL NEW 2012 JEEP COMPASS7GRAND JUNCTIONCHRYSLER • JEEP • DODGE970-245-31001-800-645-58862578 HWY 6 & 50 Grand Junction (on the corner of motor & funny little street)www.grandjunctionchrysler.com • Sales: Mon-Fri 8:30-6:00, Sat 8:30-5:00 • Parts and Service: Mon - Fri 7:30-5:30, Sat 9:00-1:00 / Closed on SundaysThe SOURCE / June 2012
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