The US Jobs Situation is Sooo Bad...... How Bad is it jr?
jr
2012/05/04 14:16:07
It is so bad that illegal Mexican workers are having to return to Mexico to find a job.. Friends, do not be fooled by the declining unemployment rate. These numbers are being manipulated by randomly removing unemployed individuals from the calculation by classifying them as no longer looking for work, This is all in part of a propaganda campaign to make our communist in chief appear to be improving the unemployment situation while it is steadily getting worse. To see the real picture, is to view the below listed labor force participation rate
Excerpts Read More @ Hot Air
Unemployment rate at 8.1%, only 115K jobs added, participation rate shrinks to new low
Excerpts Read More @ Hot Air
Unemployment rate at 8.1%, only 115K jobs added, participation rate shrinks to new low
Read More: http://hotair.com/archives/2012/05/04/unemployment...
Top Opinion
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Always Right 2012/05/04 14:58:09
+170bama has out done Carter on the economy, now he's going to out do FDR. 0bama's Great Recession leads Americans into Depression!
Household jobs, also part of the unemployment rate calculation, fell by 169,000 after declining by 31,000 in March. The labor force shrank by 164,000 in March.
Many of those who've quit looking have instead signed up for disability benefits.
So far this year, nearly 1 million workers have applied to get on the disability program, according to the Social Security Administration. More than a third will eventually be enrolled. Almost 90,000 workers enrolled in the program in April, pushing the total for new enrollees above 333,000 in the first four months of the year. Add in spouses and dependents, and the number of beneficiaries added to the program so far this year climbs to 539,000.
As IBD reported recently, more than 5 million workers and their families have enrolled in the disability program since President Obama took office.
The Obama administration's economic advisers warned in a report last fall that the mass exodus of workers who can't find a job onto the disability ...
Household jobs, also part of the unemployment rate calculation, fell by 169,000 after declining by 31,000 in March. The labor force shrank by 164,000 in March.
Many of those who've quit looking have instead signed up for disability benefits.
So far this year, nearly 1 million workers have applied to get on the disability program, according to the Social Security Administration. More than a third will eventually be enrolled. Almost 90,000 workers enrolled in the program in April, pushing the total for new enrollees above 333,000 in the first four months of the year. Add in spouses and dependents, and the number of beneficiaries added to the program so far this year climbs to 539,000.
As IBD reported recently, more than 5 million workers and their families have enrolled in the disability program since President Obama took office.
The Obama administration's economic advisers warned in a report last fall that the mass exodus of workers who can't find a job onto the disability rolls poses a long-term risk to the economy. Once enrolled, they almost never return to the active workforce. This can, the report said, result "in a loss to society of the economic contribution those workers could have made."
However, there actually ARE jobs. My grandson started a job two years ago as a temp, was eventually taken on as a full employee and made, at the age of 19, $80k the first eight months and $111k the next full year. During the past two years he has gotten 4-5 friends on with the same employer. I am absolutely astounded by his success. It's hard work and long hours but it's great pay and he only 21.
Of course I won't publicly name this company but I will give you this tip if you are looking for a job.....try temporary agencies. Everyone at the company I'm referring to starts out as a temp. Most are taken on by the company within a year. There are no guarantee's but hanging in there has certainly paid off.
Is it also just coincidence that each week the new jobless numbers are revised upward, and never downward? This has been going on for months now. These numbers are so crooked it is disgusting. The old saying figures don't lie, but figurers do is so true. We really can not believe anything this government releases anymore. Just like there is no inflation. Try telling that to those of us who shop for our own groceries each week.
I think you may want to correct that to Osama right? Isn't it uncanny that we have Obama and Osama ..just one letter away from each other!
bad point- lol