Author Topic: A real look at unemployment.  (Read 382 times)

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Offline powderman

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A real look at unemployment.
« on: February 11, 2012, 01:25:42 PM »
Faces beyond the numbers of long-term unemployed By SHARON COHEN AP National Writer The Associated Press Saturday, February 11, 2012 10:20 AM EST    Chart shows unemployed persons by duration of their joblessness.        J.R. Childress is up before the sun, bustling about in the French colonial brick house he built. He helps pack his wife's lunch, downs some eggs or cereal for breakfast, pores over online and newspaper job listings and hopes — even prays — this will be the day when his fortunes turn around.
He's determined to stay busy, job or no job, for sanity's sake. Maybe he'll help a neighbor. Exercise. Or check out computer blueprints of construction projects around Winston-Salem, N.C., to stay connected to the world where he thrived for three decades. Childress has been laid off twice since late 2009, most recently for 10 months.
"Every day is a struggle," he says in a soft drawl. "The struggle is the unknown. You've worked your way up the ladder and you get to a point in life and a position in work where you're comfortable ... then all of a sudden everything goes away. It's like being thrown into a hole and you're climbing to get up, but it's greased. There's no way of getting out."
The frustrations of one 53-year-old North Carolina man are multiplied millions of times over across time zones and generations in a country still gripped by economic anxiety, despite increasing signs of recovery. And they resound in a presidential campaign pitting an incumbent defending his economic record against GOP opponents who are attacking it.
Unemployment in January was at its lowest level in three years — 8.3 percent — and 1.8 million jobs were added last year, compared with about 1 million in 2010. But there's still a long way to go: There are 5.6 million fewer jobs than there were when the recession began in late 2007.
About 12.8 million people are out of work and what's especially troubling, according to Federal Reserve Chairman Ben Bernanke, is the large number of long-term unemployed — more than 40 percent have been jobless more than six months.
The long-term unemployed don't fit into any neat category. They're young and old. They have high school diplomas and master's degrees. Some become so discouraged, they stop looking for a time or become mid-life college students. Others find temporary jobs, then return to the jobless rolls for long stretches. In 2011, the average length of being out of work was 39 weeks — about nine months.
Mr. Charles Glenn “Charlie” Nelson, age 73, of Payneville, KY passed away Thursday, October 14, 2021 at his residence. RIP Charlie, we'll will all miss you. GB

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Offline magooch

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Re: A real look at unemployment.
« Reply #1 on: February 12, 2012, 04:54:04 AM »
And twenty million illegals has made things so much better.
Swingem

Offline twoshooter

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Re: A real look at unemployment.
« Reply #2 on: February 12, 2012, 07:47:35 AM »
Here in my small town there is a factory that has several job openings for about $9 an hour. There are not too many takers. There some mexicans or guatamalans who do work here though. They rent a hotel room for $99 a week at an old motel and sleep 6 to a room. They get clothes from the good will boxes. They send $5000 a month back home where their entire families live in shacks that do not come close to the barn where my cows stay. The people on unemployment make that much or more. Going to work for the same money as unemployment is not patriotic or ambitious, it is just stupid. If you have unemployment, your time is free. People buy and sell things on the net, rummage through flea markets, work off the books for their brother-in-law, do whatever they can. Most dont just set there, they just have to go underground. The competition are people who are living in medieval  conditions, their great goal is having a shack that has electrical power, plumbing, or refrigerated food storage. I do not blame them at all for wanting to be here, any sane person would. If they were put in jail here it is so much better than where they came from why would we think it is a deterrent?
    America has always been a nation that lived on subsidy. We did not "buy" anything, we simply came here and took it. The natives had lived here for 10's of thousands of years, but had not "progressed" much. Though not intentionally, we killed off about 50 MILLION people through smallpox, cholera, and then intentionally through war and habitat destruction. We WERE progressing. Now, the next great revolution is taking place, from manufacturing to IT and computer/ AI functions. All of these simple things can best be done by machine, CAD/CAM applications. The things remaining, like cleaning your toilet, are what is left. That and what can e shipped to overseas where there no safety regulations, environmental regulations etc. The fact is, we do not NEED the number of people now alive to DO all of the things we need done. We just want them because they reproduce on their own and ere expendable, so they are too cheap to pass up.
    When you have to shift from simply going next door and taking what you want, to going to an auction and bidding on it, that is an extreme shock. Welcome to globalization. Much of how you feel about yourself is based on the relationship to those around you. The growing imbalance is changing that relationship. The great middle class is shrinking, most of it going downward. Expectations are having to be lowered, in many cases radically.
A good blue collar job when I was growing up got you a decent house, a car, maybe a boat. If you were a 2 income family, a nice house, 2 cars, a few toys, and kids in college. Those kind of jobs are now over seas. That pair of shoes that cost $12 to make here and sold for $100, now cost 89 cents to make, and are sold for$ 99.95. So the stockholders, or individuals who own the company pick up the extra 11.06, and the worker is out of a job.
    Have you ever thought about why your pets don't eat you? It is because you feed them, you provide for them. When you abandon pets, they become feral. Do you know what that is? That is the reverse of domestication, the process by which wild animals entered a relationship with homo sapien because it proved beneficial. Feral animals are far more dangerous than wild animals. The wild ones try to avoid humanity, they have an instinctive fear, they do not have knowledge of them. The feral do not have that fear, and they are familiar with our habits.
   That is why the crap about free market capitalism and how we should let this or that fail does not work out so well. Those are people out there. If it was just money and machines it would be different. When you kick a machine, it does not care, when you kick your dog, sooner or later it will bite you.
1000 years ago Men KNEW the Earth was the center of the Universe.....500 years ago Men KNEW the world was flat....... 15 minutes ago you KNEW man was alone in the universe.... Just IMAGINE what we will know tomorrow !! "K"- from Men in Black.

Offline Cuts Crooked

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Re: A real look at unemployment.
« Reply #3 on: February 12, 2012, 09:04:22 AM »
Quote
when you kick your dog, sooner or later it will bite you.

Not strictly true....I would only kick a dog once.... if he needs more education than that, I shoot him! :o
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Offline Lost Farmboy

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Re: A real look at unemployment.
« Reply #4 on: February 12, 2012, 11:33:05 AM »
  Thank Bill Clinton for all those jobs he got us by signing that NAFTA treaty. Just think how bad it would be without all those jobs.
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Offline Gary G

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Re: A real look at unemployment.
« Reply #5 on: February 12, 2012, 02:29:31 PM »
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   Unemployment in January was at its lowest level in three years — 8.3 percent   


This is a bit misleading. A whopping 1.2 million gave up looking and were not counted. This skews the numbers. Theoretically, if things got so bad that all job seekers gave up looking, unemployment would go to zero the way they figure it. The want to paint a pretty picture for the politicians.


U-6 was 15.1. This counts those giving up after a year.


Figured the way they did in 1980, unemployment is 22.5 %.


Fed policy pretty well insures that it will not get better barring some technological break through in the private economy. Zero interest rates is destroying capital creation which is necessary for business expansion.
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Offline powderman

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Re: A real look at unemployment.
« Reply #6 on: February 12, 2012, 02:33:41 PM »
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Figured the way they did in 1980, unemployment is 22.5 %.



 
YEP, thats very true. I reckon this is the new math?? POWDERMAN.  :o :o
Mr. Charles Glenn “Charlie” Nelson, age 73, of Payneville, KY passed away Thursday, October 14, 2021 at his residence. RIP Charlie, we'll will all miss you. GB

Only half the people leave an abortion clinic alive.
http://www.youtube.com/watch?v=MAiOEV0v2RM
What part of ILLEGAL is so hard to understand???
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http://www.youtube.com/watch?v=_u9kieqGppE&feature=related
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Offline twoshooter

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Re: A real look at unemployment.
« Reply #7 on: February 13, 2012, 08:10:51 AM »
Depends on the dog.
1000 years ago Men KNEW the Earth was the center of the Universe.....500 years ago Men KNEW the world was flat....... 15 minutes ago you KNEW man was alone in the universe.... Just IMAGINE what we will know tomorrow !! "K"- from Men in Black.