A Quick Understanding of America’s Jobs Situation

In March of 2016, the government released the 2015 occupational employment and wage estimates. The data in the report provides an overview of the types of jobs being created in the country. Throughout 2016, many new jobs were added to the economy. But the types of jobs being created, mainly in service and healthcare, is pretty much the same as 2015.

Out of the 135 million jobs in America, more than half of them are in these 5 industries.

Instead of delving into boring stats, I’ve taken liberties to procure the actual titles of these five booming industries. As you can see by the stats, the median hourly wages are woeful and insufficient to properly raise a family in this expensively decadent country.

This major group comprises the following occupations: First-Line Supervisors of Office and Administrative Support Workers ; Switchboard Operators, Including Answering Service ; Telephone Operators ; Communications Equipment Operators, All Other ; Bill and Account Collectors ; Billing and Posting Clerks ; Bookkeeping, Accounting, and Auditing Clerks ; Gaming Cage Workers ; Payroll and Timekeeping Clerks ; Procurement Clerks ; Tellers ; Financial Clerks, All Other ; Brokerage Clerks ; Correspondence Clerks ; Court, Municipal, and License Clerks ; Credit Authorizers, Checkers, and Clerks ; Customer Service Representatives ; Eligibility Interviewers, Government Programs ; File Clerks ; Hotel, Motel, and Resort Desk Clerks ; Interviewers, Except Eligibility and Loan ; Library Assistants, Clerical ; Loan Interviewers and Clerks ; New Accounts Clerks ; Order Clerks ; Human Resources Assistants, Except Payroll and Timekeeping ; Receptionists and Information Clerks ; Reservation and Transportation Ticket Agents and Travel Clerks ; Information and Record Clerks, All Other ; Cargo and Freight Agents ; Couriers and Messengers ; Police, Fire, and Ambulance Dispatchers ; Dispatchers, Except Police, Fire, and Ambulance ; Meter Readers, Utilities ; Postal Service Clerks ; Postal Service Mail Carriers ; Postal Service Mail Sorters, Processors, and Processing Machine Operators ; Production, Planning, and Expediting Clerks ; Shipping, Receiving, and Traffic Clerks ; Stock Clerks and Order Fillers ; Weighers, Measurers, Checkers, and Samplers, Recordkeeping ; Executive Secretaries and Executive Administrative Assistants ; Legal Secretaries ; Medical Secretaries ; Secretaries and Administrative Assistants, Except Legal, Medical, and Executive ; Computer Operators ; Data Entry Keyers ; Word Processors and Typists ; Desktop Publishers ; Insurance Claims and Policy Processing Clerks ; Mail Clerks and Mail Machine Operators, Except Postal Service ; Office Clerks, General ; Office Machine Operators, Except Computer ; Proofreaders and Copy Markers ; Statistical Assistants ; Office and Administrative Support Workers, All Other

This major group comprises the following occupations: First-Line Supervisors of Retail Sales Workers ; First-Line Supervisors of Non-Retail Sales Workers ; Cashiers ; Gaming Change Persons and Booth Cashiers ; Counter and Rental Clerks ; Parts Salespersons ; Retail Salespersons ; Advertising Sales Agents ; Insurance Sales Agents ; Securities, Commodities, and Financial Services Sales Agents ; Travel Agents ; Sales Representatives, Services, All Other ; Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products ; Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products ; Demonstrators and Product Promoters ; Models ; Real Estate Brokers ; Real Estate Sales Agents ; Sales Engineers ; Telemarketers ; Door-to-Door Sales Workers, News and Street Vendors, and Related Workers ; Sales and Related Workers, All Other

This major group comprises the following occupations: Chefs and Head Cooks ; First-Line Supervisors of Food Preparation and Serving Workers ; Cooks, Fast Food ; Cooks, Institution and Cafeteria ; Cooks, Private Household ; Cooks, Restaurant ; Cooks, Short Order ; Cooks, All Other ; Food Preparation Workers ; Bartenders ; Combined Food Preparation and Serving Workers, Including Fast Food ; Counter Attendants, Cafeteria, Food Concession, and Coffee Shop ; Waiters and Waitresses ; Food Servers, Nonrestaurant ; Dining Room and Cafeteria Attendants and Bartender Helpers ; Dishwashers ; Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop ; Food Preparation and Serving Related Workers, All Other

This major group comprises the following occupations: Aircraft Cargo Handling Supervisors ; First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand ; First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators ; Airline Pilots, Copilots, and Flight Engineers ; Commercial Pilots ; Air Traffic Controllers ; Airfield Operations Specialists ; Flight Attendants ; Ambulance Drivers and Attendants, Except Emergency Medical Technicians ; Bus Drivers, Transit and Intercity ; Bus Drivers, School or Special Client ; Driver/Sales Workers ; Heavy and Tractor-Trailer Truck Drivers ; Light Truck or Delivery Services Drivers ; Taxi Drivers and Chauffeurs ; Motor Vehicle Operators, All Other ; Locomotive Engineers ; Locomotive Firers ; Rail Yard Engineers, Dinkey Operators, and Hostlers ; Railroad Brake, Signal, and Switch Operators ; Railroad Conductors and Yardmasters ; Subway and Streetcar Operators ; Rail Transportation Workers, All Other ; Sailors and Marine Oilers ; Captains, Mates, and Pilots of Water Vessels ; Motorboat Operators ; Ship Engineers ; Bridge and Lock Tenders ; Parking Lot Attendants ; Automotive and Watercraft Service Attendants ; Traffic Technicians ; Transportation Inspectors ; Transportation Attendants, Except Flight Attendants ; Transportation Workers, All Other ; Conveyor Operators and Tenders ; Crane and Tower Operators ; Dredge Operators ; Excavating and Loading Machine and Dragline Operators ; Loading Machine Operators, Underground Mining ; Hoist and Winch Operators ; Industrial Truck and Tractor Operators ; Cleaners of Vehicles and Equipment ; Laborers and Freight, Stock, and Material Movers, Hand ; Machine Feeders and Offbearers ; Packers and Packagers, Hand ; Gas Compressor and Gas Pumping Station Operators ; Pump Operators, Except Wellhead Pumpers ; Wellhead Pumpers ; Refuse and Recyclable Material Collectors ; Mine Shuttle Car Operators ; Tank Car, Truck, and Ship Loaders ; Material Moving Workers, All Other

This major group comprises the following occupations: Aircraft Cargo Handling Supervisors ; First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand ; First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators ; Airline Pilots, Copilots, and Flight Engineers ; Commercial Pilots ; Air Traffic Controllers ; Airfield Operations Specialists ; Flight Attendants ; Ambulance Drivers and Attendants, Except Emergency Medical Technicians ; Bus Drivers, Transit and Intercity ; Bus Drivers, School or Special Client ; Driver/Sales Workers ; Heavy and Tractor-Trailer Truck Drivers ; Light Truck or Delivery Services Drivers ; Taxi Drivers and Chauffeurs ; Motor Vehicle Operators, All Other ; Locomotive Engineers ; Locomotive Firers ; Rail Yard Engineers, Dinkey Operators, and Hostlers ; Railroad Brake, Signal, and Switch Operators ; Railroad Conductors and Yardmasters ; Subway and Streetcar Operators ; Rail Transportation Workers, All Other ; Sailors and Marine Oilers ; Captains, Mates, and Pilots of Water Vessels ; Motorboat Operators ; Ship Engineers ; Bridge and Lock Tenders ; Parking Lot Attendants ; Automotive and Watercraft Service Attendants ; Traffic Technicians ; Transportation Inspectors ; Transportation Attendants, Except Flight Attendants ; Transportation Workers, All Other ; Conveyor Operators and Tenders ; Crane and Tower Operators ; Dredge Operators ; Excavating and Loading Machine and Dragline Operators ; Loading Machine Operators, Underground Mining ; Hoist and Winch Operators ; Industrial Truck and Tractor Operators ; Cleaners of Vehicles and Equipment ; Laborers and Freight, Stock, and Material Movers, Hand ; Machine Feeders and Offbearers ; Packers and Packagers, Hand ; Gas Compressor and Gas Pumping Station Operators ; Pump Operators, Except Wellhead Pumpers ; Wellhead Pumpers ; Refuse and Recyclable Material Collectors ; Mine Shuttle Car Operators ; Tank Car, Truck, and Ship Loaders ; Material Moving Workers, All Other

Since 2014, 520,000 waiters and bartenders were added to the ranks, while 13,000 manufacturing jobs were lost.

‘Merica.

If you were long stocks heading into today’s jobs report, what exactly are you celebrating today? Lack of Fed rate hikes? You weren’t seriously thinking that would happen in the first place. Today’s numbers were perfect, weak, but not too weak. They were so good, conspiracy theorists might surmise they were custom tailored for the markets itself.

If you take into account yesterday’s ISM numbers and today’s +151k jobs number, which was sprearheaded by bartenders and waiters, a weaker economic narrative is being painted–heading into the fall.

Markets were up more than 100, now higher by 40. The dollar, which was initially lower v the euro, is now ripping higher.

How could oil and gold be higher in the face of this strong dollar?

Fucking magic.

The Russian President, Vladimir the Impaler Putin denied having anything to do with the DNCLEAKS, which exposed fuckery largess by the Democratic Party, who were wholly intent on fucking Bernie Sanders.

It has been a straw man talking point of the DNC and Hillary Clinton to discuss the source of the leak, rather than the leak itself.

“Listen, does it even matter who hacked this data?’’ Putin said in an interview at the Pacific port city of Vladivostok on Thursday. “The important thing is the content that was given to the public.’’

“There’s no need to distract the public’s attention from the essence of the problem by raising some minor issues connected with the search for who did it,” Putin said of the DNC breach.

“But I want to tell you again, I don’t know anything about it, and on a state level Russia has never done this.”

150k jobs were added in the month of August, well short of the 180k forecasted. The numbers were light, but still good. As such, the men of Wall are pricing in a Fed pause.

The biggest jobs gains were found in bars and eateries, with 34k new jobs added, as people drank and stuffed their fat fucking faces in record numbers–celebrating all of these gains.

Stocks are pointing up. Gold and oil are ripping, obviously. And wanton degeneracy is on the rise.

Once again, a well timed disappointment has provided the Fed with the fodder they need to sit back, do nothing, and watch equity markets do their magic.

If you’re unaware, YouTube announced that they are demonetizing content they deem offensive or inappropriate. This form of censorship I’ve seen at our little YouTube channel for months. We have a little more than a thousand subs and the vast majority of iBankCoin’s revenues derives from the sale of premium products. However, there are thousands of strong and good content providers who depend on ad revenues to not only motivate them to provide valuable content, but to live.

Phil DeFranco does the news in a comedic way. He’s great at what he does and isn’t a leftist or a right winger, as far as I know. He has over 4.5 million subscribers and is concerned about this new form of censorship by Google.

Watch these videos.

I am sure this YouTube ad policy will move to digital media next. If you’re running a digital media brand and dependent on ad revenues to keep the lights on, I strongly suggest that you diversify.

This is one of the egregious forms of media bias I’ve ever seen. A man rescued a baby and was interviewed by HLN, which is owned by the same people who own CNN. During the rebroadcast, they blurred out the letters on his t shirt because it spelled Trump. These people are craven madmen, drooling with anger.

The fuckheads at HLN tweeted a statement of apology and said it was an error.

Watch out Julian Assange. If elected, Hillary Clinton might bomb the shit out of the Ecuadorian embassy in London, in order to take you out. After 15 years of war, H. Clinton reminds us that war is perpetual and that new enemies crop up on a daily basis. Some of them are tangible. We can capture, torture them and then kill them, after extracting information. Others are more stealthy, sneaky devils in Moscow hacking into emails, exposing wanton corruption in the DNC–which demand a 21st century response.

Such a response, gentlemen, is as ancient as the Knap of Howar. War, gentlemen, was the answer then and it is still the answer now.

“As President, I will make it clear that the United States will treat cyberattacks just like any other attack. We will be ready with serious political, economic, and military responses,” she told the attendees, largely made up of veterans and their supporters.

“We are going to invest in protecting our governmental networks and our national infrastructure,” she continued. “I want us to lead the world in setting the rules in cyberspace. If America doesn’t, others will.”

“We need to respond to evolving threats from states like Russia, China, Iran and North Korea,” Clinton said in the speech. “We need a military that is ready and agile so it can meet the full range of threats and operate on short notice across every domain – not just land, sea, air and space but also cyberspace.

“You’ve seen reports. Russia’s hacked into a lot of things, China has hacked into a lot of things. Russia even hacked into the Democratic National Committee, maybe even some state election systems. So we have got to step up our game. Make sure we are well defended and able to take the fight to those who go after us.”

Tell your kids to get ready for conscription.

Thirteen thousand refugees have arrived in Italy over the past 4 days. Turkey is holding Europe hostage, saying they wouldn’t stem the flow of refugees heading into Europe if Turkish citizens weren’t given free passage throughout the continent.

Heading into the Fall, smugglers are busy little fucking bees. You haven’t heard much about the migrant crisis because they’re all plotting and scheming to enter now through November. The face of Europe is about to change, forever.

Here is an arrival chart for the unlucky persons born into shithole countries, ravaged by wars and barbaric religious ideologies, who wish to bring their culture to the western do-gooders in Europe.

Jack Ma, CEO of Alibaba, is one of a handful of autocrats running the globalized economy. There are very few people in this world as bad as Jack Ma. But his head is shaped like a football and he speaks with a disarming Chinese accent. He looks like a rice farmer and his words are soft, docile and peaceful. Meanwhile, he’s a devil motherfucker who wants your kids to starve, as he employs your child in one of his slave labor camps.

But here’s the argument that the globalists will sell you, the layman.

“You can do it too.”

No you cannot.

The globalists are entrenched by a moat of lawyers, regulations, patents, and uncompetitive tax law.

But if you think you can do it too, well, you might just go along for the ride a little while longer.

I am sure investors will buy the dip tomorrow.

The co announced that, although it believes that it has current liquidity sufficient to make the approximately $6.8 million semi-annual interest payment due on September 1, 2016 with respect to its outstanding 10% Senior Notes due 2017, it has elected not to do so at this time, pending the outcome of its Exchange Offers and Consent Solicitation described below. Non-payment of this interest would become an event of default under the indenture governing the 2017 Notes if the payment is not made within 30 days.

As of August 31, 2016, the Company has approximately $280.3 million of outstanding senior indebtedness consisting solely of the Old Notes with no amounts outstanding under its senior secured bank credit facility. The Company is continuing to pay suppliers and trade creditors and fund current operations on an ongoing basis.

Upon an event of default under the indenture governing the 2017 Notes, the trustee or holders of not less than 25% in aggregate principal amount of the 2017 Notes then outstanding may declare the principal amount of the 2017 Notes plus accrued and unpaid interest to be immediately due and payable. An acceleration under the 2017 Notes would also result in a cross default under the 2021 Notes. The Company has entered into a forbearance agreement with the lender under the Company’s senior secured bank credit facility with respect to certain cross defaults resulting from the election not to make the semi-annual interest payment with respect to the 2017 Notes. The forbearance will terminate upon earlier to occur of October 1, 2016 or the occurrence of any specified forbearance default, which includes, among other things, the failure to pay interest with respect to the 2017 Notes upon the expiration of the 30 day grace period applicable to such payment of interest.

Investors had no idea this was coming. The stock was up 54% over the past two weeks and was the preferred trading vehicle for degenerates everyone, up until the point when the companies reality caught up with its fictional narrative.