Tapsearch Com EditorBack to the future about unemployment
December 21st 2009 00:09
This post follows our other ones about the unemployment reporting being flawed here at The Worlds News Net and about Job hunting in never never land at the Ethics Box
This is also part of our Back to the Future series where we report articles published more than ten years ago. Here is one about unemployment rates and how the payroll tax is really just a flat tax on the working poor
" I rather have a job paying a decent wage than paying an excessive rate just so I can have social security to survive."
From 1999 with the same applying in 2009
Temporary, part-time, contract, independent and even leased jobs have grown tenfold in recent years. There are 250 temporary help offices in our city alone. Those who have these jobs are considered employed even if they make only $50 a week. In the 1950s it would be like having a jobs paying only $5 a week and being reported as employed. This would have been laughable back then and in our times, it is a reallity. When these workers lose these jobs they drift off into unknow territories and ther is no way of telling how many are really unemployed or employed. Reportedly, one-third of those fifty-five or older who have lost their jobs, never found another one. A church bulletin in a church in our city notes this:
"Success is being able to file for social security before having to declare bankruptcy."
Even those who make it to social security and want to continue to work are penalized. If a person on social security makes more than just $10,000 a year, they have to rebate some of their social security.
The unemployment rate conveniently excludes millions of American who wished they had a job similar to the ones that were available just a couple of decades ago. If one counts all people who are 18 or older, who are healthy, not in school, or in a medical institution or prison and who could be working but are not, one finds that about 50 percent of our country's human resources is not being used. And the term underemployment has lost its meaning.
And the payroll tax is really just a flat on the working poor - see next post.
This is also part of our Back to the Future series where we report articles published more than ten years ago. Here is one about unemployment rates and how the payroll tax is really just a flat tax on the working poor
" I rather have a job paying a decent wage than paying an excessive rate just so I can have social security to survive."
From 1999 with the same applying in 2009
Temporary, part-time, contract, independent and even leased jobs have grown tenfold in recent years. There are 250 temporary help offices in our city alone. Those who have these jobs are considered employed even if they make only $50 a week. In the 1950s it would be like having a jobs paying only $5 a week and being reported as employed. This would have been laughable back then and in our times, it is a reallity. When these workers lose these jobs they drift off into unknow territories and ther is no way of telling how many are really unemployed or employed. Reportedly, one-third of those fifty-five or older who have lost their jobs, never found another one. A church bulletin in a church in our city notes this:
"Success is being able to file for social security before having to declare bankruptcy."
Even those who make it to social security and want to continue to work are penalized. If a person on social security makes more than just $10,000 a year, they have to rebate some of their social security.
The unemployment rate conveniently excludes millions of American who wished they had a job similar to the ones that were available just a couple of decades ago. If one counts all people who are 18 or older, who are healthy, not in school, or in a medical institution or prison and who could be working but are not, one finds that about 50 percent of our country's human resources is not being used. And the term underemployment has lost its meaning.
And the payroll tax is really just a flat on the working poor - see next post.
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