I'd like to know how many people are actually jobless. Thousands have dropped off the "official" count. And then there are the underemployed and people who have to work two jobs.
LeeFromHamburgNY
· 1 year ago
Have you ever noticed that shortly after a jobless number is published, there always seems to be a seasonally adjusted number that comes out. I've always said that once someone's unemployment pay runs out, they're no longer counted as unemployed or as anything... The company I worked for went belly-up the end of May. Being 58, I find myself competing with too many younger people with higher degrees. I'm hoping that the unemployed will get some type of bailout like they want to give Wall St., but I'm not holding my breath...
aquarius2
· 1 year ago
All I need to know about the economy is McCain said "it is fundamentally sound". I don't need to listen to all those numbers about joblessness or falling markets, no sir, not when McCain assures me everything is fine. (snark intended)
TXfemmom
· 1 year ago
Oh yeah, the Bush/Republican economy is a real success.
I just hope that the people who are represented in those numbers have the sense to go and vote Democratic for their Representatives, Senators, and their President.
TXfemmom
· 1 year ago
I heard this very thing about how the unemployment numbers do not in any way represent the true figures on employment. The number does not represent people who have run out of benefits. Even though they are not employed they go poof and are lost from the figures. The individual speaking on it on CNN said that fully, in most situations, one should add about 3 % to the number to represent those individuals. The second factor which should be included are those who are underemployed, as in those who desire full-time, but have accepted part-time just to have some income, and the ones who have had to accept and take jobs which are not a living wage, just to exist, or who are employed in positions which are well below their abilities. Figure in another 4% for that.
If we would see that done, then employment problems would be around the 14% number. That is not something which is usually seen in economic and world powers. Of course, we are not either of those any longer.
Webster
· 1 year ago
True enough. We are the "invisibles" to the government. After three years of unemployment, I have disappeared completely. There are no health records of me because I have no health insurance and no way to pay a doctor. No dental records--I learned how to pull a bad tooth with pliers. No IRS records of course--no income.
We all know that suicides are on the increase in the military--that's a number that's being tracked (thank you, Bush)--but I wonder how much the suicide level is growing among the general population? It's a safe bet, whatever it is, it's growing. I would put money (if I had any) on it.
woodroad34
· 1 year ago
Remember when Bush first was selected? Unemployment shot straight up. Dumbo's only salvation was to cook the books (calling McDonald's workers manufacturers). His policies were supposed to bring millions of jobs by September of 2001 I believe, but it didn't work out that way. He barely scraped by with maybe 100,000 or so in a couple of months....it was another Katrina disaster that seems to have been forgotten. Daily Kos has an interesting article on this: http://www.dailykos.com/story/2008/10/1/115041/.... It looks like we're back to the beginning of the Bush term in unemployment and income. Where did the last 8 years go? That great sucking sound is 8 years of America's life down the drain.
EmGD
· 1 year ago
On the bright side, there are about to be two jobs that open up in Illinois and Delaware....so get those resumes polished.
Things may be a lot worse than the government is telling us. The next two paragraphs appear at a highly reputable financial web site www.financialsense.com. The article is by Jim willie and you can read the entire article there. These two paragraphs really stand out.
This from a friend in Seattle: “I was talking to my neighbor last night. He is in finance in the county government, King County (Seattle). He said there are some very secretive budget talks being held, very hush, hush. Apparently, the county has lost around $200 million of taxpayer money in toxic paper investments, with huge implications on the budget. He says he is not privy to the details, but he is taking a 10-day vacation starting today, because he has nothing to do since everything is in flux.”
This from a friend in Atlanta with strong banking connections: “Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking system, including access to checking accounts, savings accounts and credit cards. Reliable word has it that BofA bank branches received a shipment of signs last week, reading “WE'RE SORRY, BUT DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, WE CANNOT BE OPEN AT THIS TIME.”
maudegonne
· 1 year ago
Filed at 2:35 p.m. ET
WASHINGTON (AP) -- Bit by bit, lawmaker by lawmaker, forces in favor of the massive financial rescue plan that was rejected just days ago are turning around the tide of opinion in Congress.
They're using goodies, phone calls, old-fashioned arm twisting. They bring a keen knowledge of what needs to be added to the package to entice a particular congressman to flip, whether it has much to do with Wall Street or not. http://www.nytimes.com/aponline/washington/AP-M...
All Comments
I just hope that the people who are represented in those numbers have the sense to go and vote Democratic for their Representatives, Senators, and their President.
If we would see that done, then employment problems would be around the 14% number. That is not something which is usually seen in economic and world powers. Of course, we are not either of those any longer.
We all know that suicides are on the increase in the military--that's a number that's being tracked (thank you, Bush)--but I wonder how much the suicide level is growing among the general population? It's a safe bet, whatever it is, it's growing. I would put money (if I had any) on it.
http://thesebastards.blogspot.com/
This from a friend in Seattle: “I was talking to my neighbor last night. He is in finance in the county government, King County (Seattle). He said there are some very secretive budget talks being held, very hush, hush. Apparently, the county has lost around $200 million of taxpayer money in toxic paper investments, with huge implications on the budget. He says he is not privy to the details, but he is taking a 10-day vacation starting today, because he has nothing to do since everything is in flux.”
This from a friend in Atlanta with strong banking connections: “Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking system, including access to checking accounts, savings accounts and credit cards. Reliable word has it that BofA bank branches received a shipment of signs last week, reading “WE'RE SORRY, BUT DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, WE CANNOT BE OPEN AT THIS TIME.”
WASHINGTON (AP) -- Bit by bit, lawmaker by lawmaker, forces in favor of the massive financial rescue plan that was rejected just days ago are turning around the tide of opinion in Congress.
They're using goodies, phone calls, old-fashioned arm twisting. They bring a keen knowledge of what needs to be added to the package to entice a particular congressman to flip, whether it has much to do with Wall Street or not.
http://www.nytimes.com/aponline/washington/AP-M...