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seem to be constantly running into people in a situation like me.... I have a job, but I have not had a raise since 2007
That what many of us are going through. We get to keep our jobs and let inflation take bites out of it as time passes by, just being thankful we are employed.
STEM and particularly IT has always been a big player at college fairs.
Always want to grab the best and brightest regardless of the economic situation.
Students with good grades pursuing anything in STEM today should not be worried.
A lot of these companies do not hold back because they are always farming for new talent.
That is the nature of STEM.
The real problem is if you don't have a college degree and want to get ahead.
Or if you're one of the many stupid persons like me who got an impractical liberal arts degree.
Even the U6 that treats those who work part time as unemployed has come down significantly and has been a steady decline. If it continues at its current pace in will be close to record lows for the measurement by next year.
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994.
The BLS measures long term discouraged workers. The number of long term discouraged workers has been decreasing for some time now. It hit a high of 7 million in 2012. The number currently stands at just over 6 million. The lowest number ever measured by the BLS was just over 4.3 million, but historically runs just under 5 million. If you add 1.5 to 2 million to the U3 or U6 numbers you don't get anywhere close to what Shadowstats claims.
In any case the more important point it that the number of people who are currently not included in the labor force who want a job has been in decline since 2012.
Does anyone remember what the people online used to say when there were articles about the low unemployment rate during the last economic booms with their low offical unemployment rates in the years 1997-2000 and 2005-2007. Did the people complain about the job market back then too?
I am interested in the real health of the labor market today vs. the so called boom years of 1997-2000 and 2005-2007. Wasn't there lots of people complaining about low pay, lack of good jobs and government officals lying about unemployment stats back then too? Hasn't the job market always been challenging for the bottom 50% the longest time?
'96 to '00 were the best years all around I have seen in my 59 years for workers, pay. benefits & raises.
There are good jobs, but only for those with above average IQs and live in a major metro area.
That's so not fair, the conservatives are screwed then.
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