Your fortunate if you have a job at all
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Joined: Jan 2008
Posts: 4,943
From: Mountains of Utah
Your fortunate if you have a job at all
After reading Keane's (Leprechaun93) thread the other day about his observation on many peoples work ethics lately. I took a moment to read an article on the skewed unemployemnt figures, and wow from the looks of it, if you have a job you had better work to keep it. Take a moment and skim over the stats below from a 08 Apr. 13 article. Pretty gloomy employment opportunities. And we wonder why some workers have a mundane attitude...
April 8, 2013
The jobs recovery is a complete and total myth. The percentage of the working age population in the United States that had a job in March 2013 was exactly the same as it was all the way back in March 2010. In addition, as you will see below, there are now more than 101 million working age Americans that do not have a job. But even though the employment level in the United States has consistently remained very low over the past three years, the Obama administration keeps telling us that unemployment is actually going down. In fact, they tell us that the unemployment rate has declined from a peak of 10.0% all the way down to 7.6%. And they tell us that in March the unemployment rate fell by 0.1% even though only 88,000 jobs were added to the U.S. economy. But it takes at least 125,000 new jobs a month just to keep up with population growth. So how in the world are they coming up with these numbers? Well, the reality is that the entire decline in the unemployment rate over the past three years can be accounted for by the reduction in size of the labor force. In other words, the Obama administration is getting unemployment to go down by pretending that millions upon millions of unemployed Americans simply do not want jobs anymore. We saw this once again in March. According to the U.S. Bureau of Labor Statistics,more than 600,000 Americans dropped out of the labor market during that month alone. That pushed the labor force participation rate down to 63.3%, which is the lowest it has been in more than 30 years. So please don’t believe the hype.
The sad truth is that there has been no jobs recovery whatsoever.
If things were getting better, there would not be more than 101 million working age Americans without a job.
So exactly where does that statistic come from? Well, the following explains where I got that number…
According to the U.S. Bureau of Labor Statistics, there are 11,742,000 working age Americans that are officially unemployed.
In addition, the U.S. Bureau of Labor Statistics says that there are 89,967,000 working age Americans that are “not in the labor force”. That is a new all-time record, and that number increased by a whopping 663,000 during the month of March alone.
When you add 11,742,000 working age Americans that are officially unemployed to the 89,967,000 working age Americans that are “not in the labor force”, you come up with a grand total of 101,709,000 working age Americans that do not have a job.
When you stop and think about it, that is an absolutely staggering statistic.
And anyone that tells you that “a higher percentage of Americans are working today” is telling you a complete and total lie. During the last recession the percentage of working age Americans with a job fell dramatically, and since then we have not seen that number bounce back at all. In fact, this is the very first time in the post-World War II era that we have not seen the employment-population ratio bounce back after a recession.
We should be thankful that the percentage of working age Americans with a job did not continue to decline, but we should also be quite alarmed that it has not bounced back at all.
If there was going to be a recovery, there would have been one by now. The next major economic downturn is rapidly approaching, and that is going to push the employment-population ratio down even farther.
So why is the U.S. economy not producing as many jobs as it used to? Well, certainly the overall decline of the economy has a lot to do with it. We are a nation that is drowning in debt and that is getting poorer by the day.
But since the end of the last recession, corporate profits have bounced back in a big way and are now at an all-time high. So you would figure that the big corporations should be able to hire a lot more workers by now.
Unfortunately, that is not the way things work anymore. Big corporations are trying to minimize the number of expensive American workers that they have on their payrolls as much as possible these days.
One way that they are doing this is through the use of technology. Thanks to robots, computers and other forms of technology, big corporations simply do not need as many human workers as they used to. In future years, this trend is only going to accelerate.
When you add everything up, it paints a very bleak picture for the future of the American worker.
The cost of living keeps rising much faster than wages do, and the competition for good jobs has become incredibly fierce.
Meanwhile, the government continues to make things even easier for those that are not working. This has caused some Americans to give up completely and to be content with letting the government take care of them.
Most Americans do not want to be dependent on the government.
Most Americans want to work hard and take care of themselves.
Unfortunately, our economy is not producing nearly enough jobs for everyone and it never will again.
So there will continue to be millions upon millions of Americans that find that they cannot take care of themselves and their families without government assistance no matter how hard they try.
And this is just the beginning – things are going to get much worse during the next major wave of the economic collapse.
Yes, at the moment there are more than 101 million working age Americans that do not have a job, but that number is actually going to go much higher in the years ahead. The anger and frustration caused by a lack of employment opportunities is going to shake this nation.
That is why it is important to try to become less dependent on your own job. In this economic environment, a job can disappear at literally any moment.
Anything that you can do to become less dependent on the system would be a good thing.
This article was posted: Monday, April 8, 2013 at 5:47 am
April 8, 2013
The jobs recovery is a complete and total myth. The percentage of the working age population in the United States that had a job in March 2013 was exactly the same as it was all the way back in March 2010. In addition, as you will see below, there are now more than 101 million working age Americans that do not have a job. But even though the employment level in the United States has consistently remained very low over the past three years, the Obama administration keeps telling us that unemployment is actually going down. In fact, they tell us that the unemployment rate has declined from a peak of 10.0% all the way down to 7.6%. And they tell us that in March the unemployment rate fell by 0.1% even though only 88,000 jobs were added to the U.S. economy. But it takes at least 125,000 new jobs a month just to keep up with population growth. So how in the world are they coming up with these numbers? Well, the reality is that the entire decline in the unemployment rate over the past three years can be accounted for by the reduction in size of the labor force. In other words, the Obama administration is getting unemployment to go down by pretending that millions upon millions of unemployed Americans simply do not want jobs anymore. We saw this once again in March. According to the U.S. Bureau of Labor Statistics,more than 600,000 Americans dropped out of the labor market during that month alone. That pushed the labor force participation rate down to 63.3%, which is the lowest it has been in more than 30 years. So please don’t believe the hype.
The sad truth is that there has been no jobs recovery whatsoever.
If things were getting better, there would not be more than 101 million working age Americans without a job.
So exactly where does that statistic come from? Well, the following explains where I got that number…
According to the U.S. Bureau of Labor Statistics, there are 11,742,000 working age Americans that are officially unemployed.
In addition, the U.S. Bureau of Labor Statistics says that there are 89,967,000 working age Americans that are “not in the labor force”. That is a new all-time record, and that number increased by a whopping 663,000 during the month of March alone.
When you add 11,742,000 working age Americans that are officially unemployed to the 89,967,000 working age Americans that are “not in the labor force”, you come up with a grand total of 101,709,000 working age Americans that do not have a job.
When you stop and think about it, that is an absolutely staggering statistic.
And anyone that tells you that “a higher percentage of Americans are working today” is telling you a complete and total lie. During the last recession the percentage of working age Americans with a job fell dramatically, and since then we have not seen that number bounce back at all. In fact, this is the very first time in the post-World War II era that we have not seen the employment-population ratio bounce back after a recession.
We should be thankful that the percentage of working age Americans with a job did not continue to decline, but we should also be quite alarmed that it has not bounced back at all.
If there was going to be a recovery, there would have been one by now. The next major economic downturn is rapidly approaching, and that is going to push the employment-population ratio down even farther.
So why is the U.S. economy not producing as many jobs as it used to? Well, certainly the overall decline of the economy has a lot to do with it. We are a nation that is drowning in debt and that is getting poorer by the day.
But since the end of the last recession, corporate profits have bounced back in a big way and are now at an all-time high. So you would figure that the big corporations should be able to hire a lot more workers by now.
Unfortunately, that is not the way things work anymore. Big corporations are trying to minimize the number of expensive American workers that they have on their payrolls as much as possible these days.
One way that they are doing this is through the use of technology. Thanks to robots, computers and other forms of technology, big corporations simply do not need as many human workers as they used to. In future years, this trend is only going to accelerate.
When you add everything up, it paints a very bleak picture for the future of the American worker.
The cost of living keeps rising much faster than wages do, and the competition for good jobs has become incredibly fierce.
Meanwhile, the government continues to make things even easier for those that are not working. This has caused some Americans to give up completely and to be content with letting the government take care of them.
Most Americans do not want to be dependent on the government.
Most Americans want to work hard and take care of themselves.
Unfortunately, our economy is not producing nearly enough jobs for everyone and it never will again.
So there will continue to be millions upon millions of Americans that find that they cannot take care of themselves and their families without government assistance no matter how hard they try.
And this is just the beginning – things are going to get much worse during the next major wave of the economic collapse.
Yes, at the moment there are more than 101 million working age Americans that do not have a job, but that number is actually going to go much higher in the years ahead. The anger and frustration caused by a lack of employment opportunities is going to shake this nation.
That is why it is important to try to become less dependent on your own job. In this economic environment, a job can disappear at literally any moment.
Anything that you can do to become less dependent on the system would be a good thing.
This article was posted: Monday, April 8, 2013 at 5:47 am
Last edited by ZIPPY02; Apr 8, 2013 at 09:59 PM.
Joined: Apr 2010
Posts: 12,601
From: Mentor, Ohio
Interesting article. And I have to agree to a point with part of it talking about the government making it easier for some people to give up searching for a new job. But unemployment only lasts so long.
I touched on technology being a factor in job loss (almost out right blaming these advancements for job loss). But I feel it fails to say that also with that yes, that technology may take away some jobs, it also opens up other higher skilled/paying jobs (I know, not equal to the jobs it takes away).
One BIG topic I don't think this article touched.... We as Americans are too accepting of cheap foreign made goods that are made with cheap labor for people who struggle worse then many of us to provide for there families. In addition to that, in some cases these products may be inferior and made in locations with lack of safety standards. Such as the Christmas that many toys made in China had recalls for lead paint. And for children under 5, I could not find a single toy that year NOT made in China at the local Toys R Us.
The bottom line, I know it's impossible to NOT buy foreign good plus there is some pros to buying foreign goods (it does expand our market of products), but I feel we need to also be mindful of when we CAN buy an American made product that may cost $1-$10 more and SUPPORT our domestic labor force. By doing this, it helps keep those jobs and possibly promote the need for more jobs.
A good area for me, car parts, usually if there is an American made part, it's $10 or less more then the foreign part.
Sorry for the soap box. But I leave with one more thought:
I wish people would quite stating "I don't care what brand car you buy, so long as you buy AMERICAN". Whenever I ask someone "Does that mean I should buy a car from the Mopar, Ford, GM that was made/assembled over seas? or should I buy a Toyota that was made/assembled in my state? What is YOUR definition of "buy American"". Sadly, these people never have an answer (as they are on the "buy from the big 3 bandwagon" and clearly never thought this concept through). My definition of buy American is it was manufactured/built/assembled or the great share of that product involved giving Americans jobs!!
OK, stepping off the soap box lol.
I touched on technology being a factor in job loss (almost out right blaming these advancements for job loss). But I feel it fails to say that also with that yes, that technology may take away some jobs, it also opens up other higher skilled/paying jobs (I know, not equal to the jobs it takes away).
One BIG topic I don't think this article touched.... We as Americans are too accepting of cheap foreign made goods that are made with cheap labor for people who struggle worse then many of us to provide for there families. In addition to that, in some cases these products may be inferior and made in locations with lack of safety standards. Such as the Christmas that many toys made in China had recalls for lead paint. And for children under 5, I could not find a single toy that year NOT made in China at the local Toys R Us.
The bottom line, I know it's impossible to NOT buy foreign good plus there is some pros to buying foreign goods (it does expand our market of products), but I feel we need to also be mindful of when we CAN buy an American made product that may cost $1-$10 more and SUPPORT our domestic labor force. By doing this, it helps keep those jobs and possibly promote the need for more jobs.
A good area for me, car parts, usually if there is an American made part, it's $10 or less more then the foreign part.
Sorry for the soap box. But I leave with one more thought:
I wish people would quite stating "I don't care what brand car you buy, so long as you buy AMERICAN". Whenever I ask someone "Does that mean I should buy a car from the Mopar, Ford, GM that was made/assembled over seas? or should I buy a Toyota that was made/assembled in my state? What is YOUR definition of "buy American"". Sadly, these people never have an answer (as they are on the "buy from the big 3 bandwagon" and clearly never thought this concept through). My definition of buy American is it was manufactured/built/assembled or the great share of that product involved giving Americans jobs!!
OK, stepping off the soap box lol.
It bothers me that the most American made car I think is what? The Toyota camry or something. Its great that these companies have factories in America, but I wish the most American made vehicles where GM, Ford an Chrysler...
Man I am so glad I am in the tail end of my career and have amply prepared for retirement (Fingers crossed). Ronda and I do have a financial advisor that helps A LOT. He only cost 35 bucks a month (plus a commission if he enters us into a new plan or trades stock for us) but well worth it he has certainly led us into being prepared for retirement.
I truly feel bad for you young people just starting out in your career journey its a mad house out there
I truly feel bad for you young people just starting out in your career journey its a mad house out there
Yea, I never believed those numbers one bit. Our best friend's husband has not been able to find a job for over 4 months now. Because of that we were not able to move into a house..
Does not help now that the wife lost her job yesterday either. We're going to have to move out of our apartment now..(unless she finds something in the next two days, thats impossible.
Does not help now that the wife lost her job yesterday either. We're going to have to move out of our apartment now..(unless she finds something in the next two days, thats impossible.
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