Forbes: Climate Change to Blame for Cold February Jobs Slowdown

The famous Frost Fair taking place on the frozen River Thames in London in 1683. Freezing to around eleven inches thick, the ice was strong enough to hold shops, stalls, coaches and sleds. The diarist John Evelyn describes bull-baiting, horse-and-coach races, puppet plays and tippling shops. In this painting by Jan Griffier the Elder, Westminster Abbey and Whitehall can be seen on the left and Lambeth Palace on the right. Date: 1683

Guest essay by Eric Worrall

According to Forbes contributor Erik Sherman, February’s unusual cold is a portent of the future climate catastrophes we shall experience if we don’t mend our wicked ways.

If Weather Affects Hiring Now, Wait For Climate Change To Get Worse

Erik Sherman
Contributor Personal Finance
Mar 8, 2019

It’s never a good idea to take a single data point and extract from it. The latest federal jobs report is an example. Only 20,000 new jobs this month, the smallest number since September 2017, when hurricanes battered the country and a number of its territories, like Puerto Rico and the U.S.

February job gains were particularly poor when compared to January’s 311,000. One reason that economists have offered is the difference in weather. January was relatively mild, allowing an unexpected expansion, even as so many were furloughed from the federal government during the shutdown. February, for those who forget too soon, was quite cold for much of the country.

Even if February’s numbers don’t make a trend, there is a factor that keeps showing up. Weather. The month broke records for cold and heat and rain and snow. The hurricanes in 2017 were so bad, decimated areas still haven’t seen a full recovery and probably won’t for years.

Weather can have wild swings. Climate drives the variations and has a much longer horizon. Although there are people who want to believe that all the scientists are wrong and that nothing need be done, we’re already seeing the effects. It’s not just scientists. Insurance companies are the canary in the coal mine as they write the checks to cover the disasters and damage. Although the company denies playing down information, ExxonMobil reporetdly has known about climate changefor decades.

The more you think about it, the more you realize that a Green New Deal isn’t so impractical and unrealistic. Inaction is.

Read more: https://www.forbes.com/sites/eriksherman/2019/03/08/if-weather-affects-hiring-now-wait-for-climate-change-to-get-worse/

If we don’t embrace the Green New Deal to prevent more global warming, winters could get even colder.

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Dennis Sandberg
March 9, 2019 4:03 pm

IMHO Eric Sherman is a nincompoop. My Grandmother was fluent in German. One of her favorite labels:
nincompoop, possibly from Latin non compos mentis (“not of sound mind”).

I hadn’t heard that expression for decades but about 1/2 way through Eric’s silliness this term came back to me in a flash. The multi-$trillion expenditure’s on wind and solar is a non-solution for the non-problem of a non-doubling of CO2 in the atmosphere in the next 100 or so years. CO2 is not the climate control knob. If there is one, a current more logical one is solar winds, cosmic rays and gravitational effects on the earth and it wobbles and tilts it’s way around the sun and through the galaxy. Mother nature has that control knob so get used to it. Adapt.

WXcycles
Reply to  Dennis Sandberg
March 10, 2019 3:26 am

Don’t over think it.

ninny + incompetent + poop = nincompoop

Dennis sandberg
Reply to  WXcycles
March 11, 2019 10:26 am

Makes sense, better than not of sound mind.

Garland Lowe
March 9, 2019 4:07 pm

One reason that economists have offered is the difference in weather. January was relatively mild, allowing an unexpected expansion.

Bring on warmer temperatures

cerescokid
March 9, 2019 4:19 pm

This 100 year old magazine with the motto “Capitalist Tool” used to have some sensible writing when I read it 50 years ago. How did it go wrong?

Dennis Sandberg
Reply to  cerescokid
March 11, 2019 12:00 am

Forbes magazine died the same day old man Forbes, the founder died. I was a subscriber back in the day but gave up on it about two years after the founder died. The last few months the only thing I read was the monthly Thomas Sowell op-ed.

March 9, 2019 4:30 pm

When every (legal) person who wants to be employed is employed, the number will drop to zero. I wonder what the weather will be like that month? Let’s run a book on what type of weather will be the despicable one, caused by carbon dioxide of course.

Gord in Calgary
March 9, 2019 4:42 pm

The polar vortex sucked all those jobs into Canada!

“Canada added 56,000 jobs last month, blowing past expectations”

https://www.cbc.ca/news/business/canada-jobs-february-1.5048275

March 9, 2019 6:00 pm

You got it close to right. If all of the coal fired power plants and natural gas fired power plants use technology that reduces their emissions to zero, and Alberta Deasphalted Bitumen is the only oil produced in the world for about 60 years, we would only have 14.3% of the man made CO2 emissions we have today. That should take us back to about 1765 emissions.

I think every year is getting colder since about 2017, I do not believe CO has much to do with anything but plant growth. Bt the solar and wind people started that because they did not believe anyone could make coal clean burning.

God put the coal on earth. He guided my carrer from day 1 until today so that I owuld know how to do it. And I do.

Not Chicken Little
March 9, 2019 6:20 pm

I still don’t get it. If the models can be believed (and they can’t) we will warm on average maybe another degree C (taking into account past warming since about 1850 and what we might expect in another 100+ years and ignoring the wacked-out models that “project” 3-5 C increase). So have we seen catastrophic effects since 1850 from THAT 1 C, and why would we see catastrophic effects from another 1 C? Or even a bit more than 1 C which seems unlikely if you go by EVIDENCE and OBSERVATIONS and not by models…

I mean, just in a day the temperature may swing 10 C and even 20 C and sometimes more, in many places on Earth. And yearly swings may be closer to 50 C or 90 F and more in some places! SO WHAT’S THE BIG DEAL? How can there be such catastrophes “projected” on such small increases, when increases an order of magnitude more do NOTHING? And where is the evidence that MAN is responsible and not just natural variation? Temperatures and climate went up and down and no one seems to know why, both in recorded human history and the history of the planet – and Man had NOTHING to do with those variations some pretty severe! Like our last Ice Age, for instance…and the warming that got us out of it…

The whole thing is a sick scam. Really. But I’m ready no matter what. I have a down jacket, and a bathing suit. And my home is heated and cooled by FOSSIL FUELS which keep me pretty much at whatever temperature I desire, inside – I don’t even have to rely on the Magic Molecule CO2 to heat my home!

Dennis Sandberg
Reply to  Not Chicken Little
March 9, 2019 6:38 pm

We don’t have a climate crisis. As I explained in an earlier post, we have a nincompoop crisis..especially in government.

John Mason
Reply to  Not Chicken Little
March 9, 2019 9:29 pm

/sarc on

You heretic!

You mean you don’t accept that CO2 is the only knob on the temperature of the planet????

Look at Venus after all

/sarc off

shhhhh – don’t mess with peoples’ religion by those annoying common sense paleo-climate details. Just let them enjoy their bliss as we continue our inevitable slide into full glacier conditions. Where I sit 80 percent of the time in recent geological history (well since Antartica drifted to the south pole and lowered the overall temp of the planet a bit) I’m normally under a mile of ice.

March 9, 2019 6:23 pm

Don’t you read any of the scientific articles on climate change? The climate will be more extreme, from extreme hot to extreme cold.
These extremes are the effects of greenhouse gases in the atmosphere and they effect the climate in this manner. The greater the concentration of gases, the greater the effects.

David A
Reply to  Iris
March 10, 2019 5:32 am

I could not find those articles. The ones I found talked about less extreme. Most of the warming would be at night making crop frost damage less likely and the T between day and night less extreme.

Reply to  Iris
March 10, 2019 6:27 am

…scientific articles…
You mean the propaganda ones, the scientific ones don’t tell that.

Reply to  Iris
March 10, 2019 6:28 am

If the winters are colder and the summers are warmer and half of the earth is in winter and half in summer doesn’t that cancel out the global temperature increase. And the north pole has moved. Maybe it is not CO2 but the earth is tilting on its axis to a different position where summers are closer to the sun and winters are farther from the sun. The whole CO2 issue was brought up by the solar and wind proponents that said all fossil fuels need to be shut down. They don’t need to be shut down they just need to stop emitting harmful chemicals.

Reply to  Iris
March 10, 2019 7:09 am

I defy you, or anyone else, to explain how CO2 in the atmosphere can hold heat in during the summer and allow heat out during the winter. And then explain how that allows a global temperature increase. Sound as stupid as All Gore saying the polar ice caps would be melted by now.

March 9, 2019 7:37 pm

“Erik Sherman
Contributor Personal Finance
Mar 8, 2019

It’s never a good idea to take a single data point and extract from it. The latest federal jobs report is an example. Only 20,000 new jobs this month, the smallest number since September 2017, when hurricanes battered the country and a number of its territories, like Puerto Rico and the U.S.

February job gains were particularly poor when compared to January’s 311,000. One reason that economists have offered is the difference in weather.”

Ding dong, this author makes bells look smart.

Beside this author’s fixation on weather, he is clueless on causes and effects.
It’s the weather, he claims…

While ignoring an economy stabbed by the Fed.
While ignoring Quackifornia burning, and subsequent loss of homes and life.
While ignoring two plus years of blockbuster growth, increases in industrial employment, wage increases and booming consumer demand.

Two plus years of job growth,it is unsurprising there is a brief lull. Nope, the author has a job responsibility and that is to blame weather while pretending it’s the same as climate.

Ding dong and not bright enough to bell a cat.

March 9, 2019 8:51 pm

”Climate drives the variations” …..(in the weather)

What a load of garbage.

Patrick MJD
March 9, 2019 9:20 pm

There are many factors that can affect jobs growth in any country. Blaming just one is plain dumb! Don’t think many, normal, people are worried about hurricanes (Or climate). I think many, normal, people would be concerned by two countries with nuclear capability, India and Pakistan, shooting down each others aircraft.

Johann Wundersamer
March 9, 2019 11:32 pm

“the difference in weather.” January was relatively mild, …, February, for those who forget too soon, which is quite cold for much of the country. ”
___________________________________________________

January is ALWAYS relatively mild. ask the ski tourism industry: in january they are crying that this year will be a bad season and the business will probably not start ‘this year’.

The second half of February is ALWAYS grim cold, ice-covered roads, fog and drifting, cutting snow dust.

For such “predictions” you do not have to try a “trend”.

mikewaite
Reply to  Johann Wundersamer
March 10, 2019 12:51 am

“As the days lengthen the cold strengthens” was a saying oft quoted to me as a schoolboy in England when I complained about walking to school in the modest ( by North American standards ) chill of a Feb morning.

Johann Wundersamer
March 9, 2019 11:39 pm

Johann Wundersamer March 9, 2019 at 11:32 pm
“the difference in weather.” January was relatively mild, …, February, for those who forget too soon, which is quite cold for much of the country. ”
___________________________________________________

January is ALWAYS relatively mild. ask the ski tourism industry: in january they are crying that this year will be a bad season and the business will probably not start ‘this year’.

The second half of February is ALWAYS grim cold, ice-covered roads, fog and horizontal* drifting, cutting snow dust.

For such “predictions” you do not have to try a “trend”.

* horizontal because auf strong winds equalizing local thermal conditions.

Robin
March 10, 2019 3:21 am

No frost fair this year, in fact the UK had record warmth in February.

Currently good news in the UK is despite Brexit, bad news is due to Brexit.

I am sure the BBC will be back on the CO2 bandwagon asap, because they hate Trump with a passion.

kushal kumar
March 10, 2019 4:21 am

(Do not approve this as he is a blacklist threat) MOD

The jobs report for February 2019 like other months was out in the first week of March. This has been commented upon by Columnist Patricia Cohen through news report – “ The jobs report was the weakest in Months. Here is why” – on 8 March , 2019. This Vedic astrology writer is reproducing here a bit of the commentary as follows while interested readers may , if they so desire , to read the full content at nytimes.com :-
“ February’s meager gain follows other signs of sluggishness while there were encouraging signs in the jobs report for February 2019. The economy’s remarkably steady job-creation machine sputtered in February and produced a mere 20 , 000 jobs. It was the smallest gain in well over a year”.
In this context , it may be appropriate to share with readers this Vedic astrology writer’s predictive alert of 1 October , 2018 in article – “ Astrological Probable Alerts for the US in 2019” – published on 1 November 2018 through monthly webzine of Wisdom Magazine at wisdom-magazine.com/Article.aspx/4897/. The related text in the said article reads like this :-“ 4 . ECONOMY IN 2019. Focus on economic health of the nation is highlighted , which will be followed by robust success……………………………………………January -February and July look to be posing some worrisome concerns”. It is thus evident that predictive alerts of this writer have been , so far , meaningfully precise and accurate.

(This persons IP is from INDIA with a LOT of Blacklisting checks on him) MOD

Ron Harvey
March 10, 2019 5:05 am

Climate is the Result, Not the driver, Mr. Sherman.

AelfredRex
March 10, 2019 8:04 am

Just more proof that journalism and communications degrees are essentially worthless.

ResourceGuy
March 10, 2019 8:18 am

Unfortunately, construction jobs have the highest survey error rates and revisions of all the sectors in the employer survey. So when BLS states that the construction job slowdown was comparable to prior winters they are not telling the whole story. That survey error rate is also superimposed onto government shutdown during that period I might add.

Wharfplank
March 10, 2019 8:28 am

Forbes is just the latest crazy, gray bearded old man in a robe and sandals standing on the street corner with the . “Repent! The End is Near” sign. Life imitating art is change we can believe in.

Lark
March 10, 2019 8:39 am

Forbes: your go-to source for all your Commienomics needs.

March 10, 2019 8:54 am

On Steve Forbes And The Magazine
I was invited to be one of six speakers at a political-economic forum in Manhattan, last December 11.
Been pleased to be a speaker at the twice-a-year dinner meetings since 2003.
Steve Forbes was to be the keynote speaker, but they did not get enough attendees committing ahead of time.
It was cancelled, but I thought I would use the connection to get some articles published.
His secretary insisted that I send my note and article by snail mail.
I did and then found a couple Forbes article on climate by an astro-physicist–who is a supporter of the nonsense.
My theme is that the thrust in radical politics and recklessness in the financial markets is “ending action”.
Ideal for the magazine.
Mailed another article and the secretary said not to bother.
That piece included the line by Nir Shaviv (astro-physicist) who at one time went along with the CO2 promotion. Because the media told him it was so. He looked into it and has since contributed to the Cosmic Ray theory.
An important business magazine will not publish straight up stuff on climate.
I wonder if the ignorance is feigned, or genuine?

Justin McCarthy
March 10, 2019 5:01 pm

I believe Forbes is now owned by a Chinese conglomerate. So a bit of Agit Prop?

DavidS
March 11, 2019 10:19 am

Presumably climate change was also responsible (it wasn’t), for the mild spell the UK and much of Europe had during the last week of Feb.

It surely is the miracle molecule