Post anon and think.
Ever wonder why the unemployment rate in America is so high and who you're being replaced by. Again, those who play the global economics game are getting rich, while the typical Amercan's life style is going in the toilet, but don't worry, we'll all be equal someday.
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May I refer you to the side bar to a topic entitled China Wins, You Lose. It may be good for some of you to brush up on how the world really works and why you're losing your butts. Thanks NAFTA and Corporate America.
The unemployment rate in America is not high! It's close to all time lows (at ~5%) and actually at these levels just reflects job rotation - that is it can't statistically be much lower without huge risks for inflation.
For college/graduate degrees, unemployment is actually close to 2% which gives educated workers quite a lot of leverage in this market.
Please - there's no point quoting false information - it turns the blog into a useless source of nothing.
I think the intention of pointing you to the side bar to read the paper had nothing to do with the unemployment rate but had everything to do with letting people know where their jobs are going and why. Try reading the entire paper instead of coming off the wall with some non supportive figures. Get off your duff, go out and look for a job. Maybe then you'll figure out there's nothing out there for you. Unemployment is at its all time high my friend and it's going to get worse before it gets better. Let gas to to $8.00 a gallon due to a barrel of crude that's projected to go for $200 and watch it crumble all around you. That's the talk in the news today if you'll do a goggle search.
California state unemployment rate is 6.2% as of this month and climbing.
California Unemployment Rate
Hey, 9:29 AM, if you believe these manipulated government economic figures, then I've got a bridge to sell you in Brooklyn.
According the the US government, inflation is only running at around 2.8%. That's BS! Just look at the rising prices of almost everything around you. Get a brain and don't believe everything you hear from the so-called government "experts". They have a strong vested interest in manipulating these "official" government figures.
From Shadowstats.com site:
The popularly followed unemployment rate was 5.5% in July 2004, seasonally adjusted. That is known as U-3, one of six unemployment rates published by the BLS. The broadest U-6 measure was 9.5%, including discouraged and marginally attached workers.
Up until the Clinton administration, a discouraged worker was one who was willing, able and ready to work but had given up looking because there were no jobs to be had. The Clinton administration dismissed to the non-reporting netherworld about five million discouraged workers who had been so categorized for more than a year. As of July 2004, the less-than-a-year discouraged workers total 504,000. Adding in the netherworld takes the unemployment rate up to about 12.5%.
The Clinton administration also reduced monthly household sampling from 60,000 to about 50,000, eliminating significant surveying in the inner cities. Despite claims of corrective statistical adjustments, reported unemployment among people of color declined sharply, and the piggybacked poverty survey showed a remarkable reversal in decades of worsening poverty trends.
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Starting in the early-90's, the US government began massaging many of the economic figures in very strange ways. The politically important unemployment figure was one figure that changed to make the value appear lower than reality would suggest. Both Clinton and Bush II used this new figure to their advantage. You can't trust the US government to report honest economic figures any longer.
As soon as youre born they make you feel small
By giving you no time instead of it all
Till the pain is so big you feel nothing at all
A working class hero is something to be
A working class hero is something to be
They hurt you at home and they hit you at school
They hate you if youre clever and they despise a fool
Till youre so freaking crazy you cant follow their rules
A working class hero is something to be
A working class hero is something to be
When theyve tortured and scared you for twenty odd years
Then they expect you to pick a career
When you cant really function youre so full of fear
A working class hero is something to be
A working class hero is something to be
Keep you doped with religion and sex and tv
And you think youre so clever and classless and free
But youre still freaking peasants as far as I can see
A working class hero is something to be
A working class hero is something to be
Theres room at the top they are telling you still
But first you must learn how to smile as you kill
If you want to be like the folks on the hill
A working class hero is something to be
A working class hero is something to be
If you want to be a hero well just follow me
If you want to be a hero well just follow me
John L.
The unemployment rate in America is not high! It's close to all time lows (at ~5%) and actually at these levels just reflects job rotation - that is it can't statistically be much lower without huge risks for inflation.
So naive these figures are forged my the Bush Ad. They don't count the people who's unemployment checks have ran out or those who have given up on looking for a job. I f the real numbers were given it would be around 8% unemployment.
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