Those stats that show 12% unemployment and the like always crack me up.
I mean, there should be a lot of people living in cardboard boxes around here somewhere...
I think the ‘Real’ unemployment rate is much higher than 5% but not 15%
They are, but today it is called HUD housing and fema trailers.
Exactly. LOL.
If unemployment rates need to be adjusted upward to reflect the number of "discouraged workers" out there, then they should also be adjusted downward to reflect all the workers out there who are collecting unemployment checks even though they are perfectly capable of finding a job even in a lousy job market.
I'm sure many of us know people who are "unemployed" right now but who will somehow -- magically! -- find a job right around the time their unemployment benefits expire.
I guess you haven’t heard about the millions that do live in cardboard shacks, old campers, old trailers, vans and the like. Yes, the media doesn’t speak about them much these days. Just a couple of weeks ago there was a thread on FR about the ones in Orange County.
On any given night in America, anywhere from 700,000 to 2 million people are homeless, according to estimates of the National Law Center on Homelessness and Poverty.
On any given night in America, anywhere from 700,000 to 2 million people are homeless, according to estimates of the National Law Center on Homelessness and Poverty.
Living in cardboard boxes? Just the number of jobless adults living at home with parents would blow you away if you knew and stopped to think about it. Then there are people cashing in their 401ks and people living off credit cards or collecting some form of disability or boomers taking early retirement. The numbers would shock you. For many people, there are many temporary and semi-permanent means of staying off the cardboard boxes.