Posted on 01/09/2015 6:01:54 AM PST by God luvs America
The U.S. economy added 252,000 jobs in December, sending the unemployment rate down to 5.6%. The latest jobs numbers continue a streak of strong economic growth, which has seen the unemployment rate drop 0.2 points in the last two months alone.
And the lowest labor participation rate since 1977. If we used the same numbers as we did wen Bush was president, the unemployment rate would be 9-10%.
Wow, we are in about the same boat.
I also am an engineer, but got out of it to raise my son too.
But I’m sure I can’t go back to it, since things have changed so much. I did software engineering and there’d be a huge learning curve for all the new changes.
I tried teaching when he was little - hated it! ALL liberals there, at least here in Mexifornia. And nobody is really teaching anything, other than liberalism and entitlements.
So plan B - move to Tennessee and start some small businesses while created a self-sufficient lifestyle. That sounds like more fun - although probably more work than my older body can handle ;)
Let me know if/when you find something.
Bullshit!
Interesting! I have thought about having my own business. But putting that on hold to see if I can get real money to send our son to school (private, not public). That is our main goal - for me to pay for school, while the rest is “fluff”.
I had an interview yesterday, actually. They have been courting me for weeks. My biggest fear - the commute toward DC. I really don’t know what to think. I don’t want to be couped up in traffic every day and not home for our son and so on. But I may have to do it, a) to get money and b) to get something fresh on my resume. Rather than “oh, she hasn’t worked for years”.
I’m just mechanical so I don’t think I have to worry as much as anyone with IT/tech like you. But it is still hard to get a job, even with some 13 interviews!
I have a little solo legal practice and I really am seeing an uptick in business. If the folks are spending their last dime just to buy gas to get to work, then they won’t hire me to handle their traffic ticket or whatever. But now it seems clear that they have more money to spend on things like storefront legal services. Thank you, Saudi Arabia!
I have a little solo legal practice and I really am seeing an uptick in business. If the folks are spending their last dime just to buy gas to get to work, then they won’t hire me to handle their traffic ticket or whatever. But now it seems clear that they have more money to spend on things like storefront legal services. Thank you, Saudi Arabia!
The unemployment rate is whatever King 0 TELLS us it is!
Hahahaha Oh my how deceptive our governments statistics are, and I wonder who manipulates those around to pacify Zero.
Don't muddy the waters with facts......racist.
Speak for yourself. Someone has to post the true statistics.
LOL
“True Statistics” is an oxymoron
Only if the government does them.
That’s great (ME), you planned better than I did for the future and having a family. I can imagine how I’d be laughed at with my resume of old, old software programs and languages.
It must feel great to be courted like that! Maybe it can be a short term job, just to get your foot in doors again.
Not to tell you what to do... but have you considered homeschooling vs a private school? You obviously have the intelligence to teach your son everything he needs.
I taught in a very expensive private school for just one semester . it was the most expensive private school in our city - so imagine my shock when I found they were teaching at a level even below the public schools! All their data and available info didn’t show their deficiencies. I got my son out of there (we were getting free tuition) and homeschooled him the rest of the year. I used a charter school that provided materials and even teacher support and testing. While the private school was the worst school experience, homeschooling was the best. Also, my son got all his work done in just a few hours- imagine all the time that is wasted in our public schools. So he had plenty of time for socializing, sports, and volunteering. And taking classes at a community college! That’s a much better route for college credit than high school AP classes.
And it would actually be less stress for you than commuting, being away from hum, and the worries of a new job.
That’s because they artificially lower the number by not including those who have stopped looking for work.
Really? Then let’s see all those “new” vehicles move off the lots, other than those in Fairfax.
Thanks Vintage Freeper for posting this:
Watched CNBC on this and they pretty much told the truth by saying while everyone will harp on the number 1) the labor participation rate fell again, 2) wages decreased again...so you have a smaller % of the population working for less $$$
Yup, employment rate is pretty much defined as the number of people receiving unemployment insurance payments.
As the unemployed reach their 99 week limit of unemployment without finding a job, these jobless ex workers drop off the official list of unemployed and the unemployment rate magically drops .
Tune in next week and the week after for adjustments upward in small increments.
BLS report number fraud bump
...don’t ever use media figures...just say 92,000 MILLION OUT OF WORK
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