The real unemployment rate conservatively speaking is somewhere at 15%, and probably more.
I look at our tax situation and maybe it won’t be such a bad thing when my husband retires and cuts our income substantially....maybe we’ll actually be able to save a lot of money with the less taxation...
And if you have the skills, there’s an H-1B who will do the job for less...
Since it is now based on meeting the next quarter's financial targets, cost control through age discrimination, and completing Federal racial checkboxes, it's a wonder the unemployment rate isn't yet 50%.
I can just see a fifty year old plumber being “retrained” to be a computer programmer and getting an entry level job.
Who knows...maybe the laid off heavy equipment operator can make minimum wage in the local “boiler room” sales job. That is, “If you qualify”.
The fact is that outside of the field of work the person has been doing there’s not much chance of employment.
I can just see a fifty year old plumber being “retrained” to be a computer programmer and getting an entry level job.
Who knows...maybe the laid off heavy equipment operator can make minimum wage in the local “boiler room” sales job. That is, “If you qualify”.
The fact is that outside of the field of work the person has been doing there’s not much chance of employment.
Now give someone less qualified a chance, especially in this economy, and most people would work their tails off to measure up to whatever requirements the job entails.
I remember seeing an ad for customer phone reps once. The ad required at least one year experience, but also said each new hire would go through 6 weeks of training. Why would someone need experience if they'll receive such intense training?
I was a Postal Worker, Warehouse shipper, Supermarket cashier/stock person, Title Examiner and professional musician with no college degree over the past 20 odd years.
Yesterday I tried to apply to an ad for Kohls - shipping/receiving, stocking shelves...
Turned down. Not qualified.
A large portion of those 170,000 created jobs are minimum wage jobs. Many people are holding multiples of these in order to make ends meet. If 50%, 85,000, of the newly created jobs were minimum wage. And if 50%, ~45,000, were taken by folks getting a second job, then effectively, that would be comparable to the creation of less than 150,000 new jobs with regard to the impact on unemployment.
Since they contend it takes 200,000 newly created jobs to bring down unemployment, it stands to reason that 170,000 new jobs where a substantial number are minimum wage would certainly make no dent in unemployment figures.
The government lies about statistics. But it will take an army of researchers to come up with everything but the truth.