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Highest amount of people OUT OF WORK - Since Jimmy Carter - 1980
DO YOU REALLY WANT 4 MORE YEARS ?
That unemployement number will rise to 150 million!!
You better wake up - knock on doors and tell people to vote
Michelle says this next election will be decided by only a few thousand votes (from dead people) ACORN - is out in full force to secure Obama's cause.
WAKE UP AMERICA !!
It's also never mentioned that there are 2 million fewer jobs overall available in the US now than there were in 2008..... Numbers are curious things...
Researchers at the Chicago Federal Reserve attribute a large part of the decline to the recent recession and lackluster recovery, but the other half to long-term demographic trends.
For example, as more women entered the labor force between the 1960s and 1990s, the participation rate rose rapidly. That effect may have plateaued since then.
Meanwhile, as Baby Boomers entered their prime working years, they also drove the participation rate higher. Once they started hitting their 50s and 60s though, many started transitioning into retirement.
Finally, teenage jobs have been on the decline and college enrollment picked up in the last decade, leading more young people to not be counted in the labor force.
As these trends continue, the Chicago Fed expects the labor force participation rate will keep falling, hitting 62.4% by 2020.
Not news, the real unemployment rate is always much higher than what is reported. Some of the jobs lost in the recession will never be coming back.
Researchers at the Chicago Federal Reserve attribute a large part of the decline to the recent recession and lackluster recovery, but the other half to long-term demographic trends.
For example, as more women entered the labor force between the 1960s and 1990s, the participation rate rose rapidly. That effect may have plateaued since then.
Meanwhile, as Baby Boomers entered their prime working years, they also drove the participation rate higher. Once they started hitting their 50s and 60s though, many started transitioning into retirement.
Finally, teenage jobs have been on the decline and college enrollment picked up in the last decade, leading more young people to not be counted in the labor force.
As these trends continue, the Chicago Fed expects the labor force participation rate will keep falling, hitting 62.4% by 2020.
Not news, the real unemployment rate is always much higher than what is reported. Some of the jobs lost in the recession will never be coming back.
this is the best one "Finally, teenage jobs have been on the decline and college enrollment picked up in the last decade, leading more young people to not be counted in the labor force."
No jobs, so lets go to college, get into huge debt, graduate, and not find a job or get one at minimum wage. College has gotten to be a scam.
this is the best one "Finally, teenage jobs have been on the decline and college enrollment picked up in the last decade, leading more young people to not be counted in the labor force."
No jobs, so lets go to college, get into huge debt, graduate, and not find a job or get one at minimum wage. College has gotten to be a scam.
I'd choose a technical school or apprentcieship in a trade before I blew a quarter mill on college.
Highest amount of people OUT OF WORK - Since Jimmy Carter - 1980
DO YOU REALLY WANT 4 MORE YEARS ?
Basic debating mistake. You're confusing cause and effect. That A exists while B exists, doesn't mean that A caused B.
The Great Recession started long before Obama took office. Do you have some proof here that it was Obama causing the high unemployment rate vs him just being the sitting President at the end of a massive recession?
This type of argument would get an F in grade school.
The fact remains ... there are jobs available, but most of them are
(1) fast-paced
(2) micro-mangaed
(3) conducted in an Orwellian, Politically-Correct environment
(4) involve constant exposure to a spoiled public who expect too much
Given that scenario, a lot of displaced people are going to delay going back to work until the Unemployment runs out, or maybe try to work "under the table", or just decide that there are better pursuits for the years they've got left.
There are any number of variations and alternatives within this scenario, and unless it breaks down entirely, it's only going to get more convoluted.
And I don't doubt that the schlockmeisters, both inside the Beltway and on Madison Avenue, have any number of ways to prolong the TomFoolery.
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