Read + Write + Report
Home | Start a blog | About Orble | FAQ | Blogs | Writers | Paid | My Orble | Login

The World's News - The hard facts about the the global economic arena

 
Free Trade is not trade. It is primarily about moving production from place to place anywhere in the world for the sake of cheaper labor. The value of workers and labor has been degraded and deflated. This represents trillions of dollars lost in the process

U.S. unemployment rate remains a mystery

February 10th 2011 21:50
American Nightmare continues - unemployment , underemployment and ...
Lower unemployment rates leave out uncounted misery and the hard facts about Unemployment blues

The Silent Depression - Tapsearch Com - by Ray Tapajna
Unemployment rates are fiction.Millions missing gave up looking for work. ...
Millions give up looking for work

Jobless living in limbo- in the land of -is- - where the American Dream has been reversed


Workers are missing in action. Where are they?

John Williams, a San Franciso area economist who runs the website, http://shadowstats.com estimates last month's unemployment rate at 22.2 percent . He maintains the government does not take into account those who have been unemployed more than a year. I see many in my own neighborhood who are part of this grouping.

Olivera Perkins in an article in the Plain Dealer Business section says the unemployment reporting is obviously contradictory. She adds that even the government's own figure showed that unemployment might be as high as 16.1 percent if discouraged job-seekers were included.

The stats are manipulated in many ways and the reporting is a mockery of what it once was when most of the reporting was based on full time fourty hour a week jobs. Now even a single mother making only a $100 a month is reported as being employed.

Some of the stats from recent years also verifiy that something is very wrong with our unemployment reporting. Reportedly, 50 percent of all young blacks in the inner cities, have no jobs. Reportedly one third of those 55 or older who lost their jobs, never found another. And all those who are more than 65 who would take a job if they could find one is an endless count.

When new jobs are announced, they make headlines. A big headline reports that U.S. Steel is adding 160 jobs in regions that once employed thousands of workers. Our newspaper runs a series about the best places to work. For the most part, these businesses only employ about a hundred to three hundred workers. Once there were many companies in out region that employed more than 5,000 workers each.

Free trade came and ravished our labor force. The pundits and our political leaders remain silent about this great betrayal of workers as big money and big business gets bailed out. The stock market continues to thrive on workers getting fired instead of hired and this two is another silent issue of our times.

Only 38 percent of all workers in the U.S.A. qualify for unemployment insurance with no one telling where and how the other 62 percent are thriving.
On the streets of major cities and in the small towns across the U.S.A. millions are living in a silent depression. And no one knows how big the underground economy has grown as many seek every way possible to survive.

They are in limbo somewhere living in silent isolation.
Tapsearch World
or search under tapsearcher or ray tapajna page for thousands of resources.

15
Vote
Add To: del.icio.us Digg Furl Spurl.net StumbleUpon Yahoo


   
subscribe to this blog 


   

   


Add A Comment

To create a fully formatted comment please click here.


CLICK HERE TO LOGIN | CLICK HERE TO REGISTER

Name or Orble Tag
Home Page (optional)
Comments
Bold Italic Underline Strikethrough Separator Left Center Right Separator Quote Insert Link Insert Email
Notify me of replies
Your Email Address
(optional)
(required for reply notification)
Submit
More Posts
1 Posts
3 Posts
3 Posts
183 Posts dating from February 2007
Email Subscription
Receive e-mail notifications of new posts on this blog:
0

Tapsearch Com Editor's Blogs

11091 Vote(s)
75 Comment(s)
166 Post(s)
15777 Vote(s)
145 Comment(s)
249 Post(s)
31599 Vote(s)
197 Comment(s)
503 Post(s)
Copyright © 2012 On Topic Media PTY LTD. All Rights Reserved. Design by Vimu.com.
On Topic Media ZPages: Sydney |  Melbourne |  Brisbane |  London |  Birmingham |  Leeds     [ Advertise ] [ Contact Us ] [ Privacy Policy ]