The Biden administration hung its hat on supposedly blockbuster monthly job gains. But data show those numbers overestimated job growth by almost 800,000 in 2023. About 1 in 4 jobs that were supposedly added last […]
Electric vehicles are gaining ground in Nevada, with new cheaper models and federal incentives enticing drivers away from gasoline-dependent transportation. The U.S. Environmental Protection Agency is expected to soon issue updated pollution limits for […]
(Reuters) – President Joe Biden’s administration on Tuesday unveiled final rules for new clean energy subsidies in an effort to make jobs and wages in green industries competitive with those in oil and gas. The […]
Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden’s Labor Department, meant to show just one thing – how “strong” the economy is under the current […]
The discovery of the potential for thousands of tons of lithium to be extracted annually from wastewater generated by fracking in the Marcellus Shale leaves proponents of a green energy future at a crossroads, Republicans […]
A report from the Institute for Public Policy Research (IPPR) has revealed that the UK is facing significant challenges in meeting its offshore wind targets, with potential repercussions for jobs, revenue and its net zero […]
By Wolf Richter for WOLF STREET. Look, today’s jobs report shows why we don’t get too excited about the month-to-month squiggles in the jobs data (blue lines in the charts below). The labor market doesn’t turn around from […]
(Zero Hedge)—For much of the past year we had been pounding the table on two very simple facts: not only has the US labor market been appallingly weak, with most of the jobs “gained” in 2023 and […]
Siemens Gamesa, a Spanish company belonging to Siemens Energy – the German giant operating in the renewable energy market, is in big trouble. The situation is so serious that it plans mass layoffs, Reuters reported, […]
Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of the company’s workforce. […]
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