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
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.
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
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.
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