Posted on 02/03/2015 9:49:47 AM PST by SeekAndFind
LOOK at the numbers on permanent disability in this country and you will find where most of these folks went!!!!!!
Not long ago there were regular posts on FR saying that anyone who had an engineering degree had no problem finding work. Seems that has changed recently.
The oil bust did it. But my friend was more in a sales engineer type of position and had worked for the same company for a LONG time. Like well over a decade.
/src on/But but out political class tells us there are worker shortages and the US need to import 30 MM foreign workers over the next 10 year (Gang of 8 bill)/src off/This is why I will never vote for an Open Borders candidate even if that involves sitting out 2016. Open Borders = War on Middle and Working Classes.
Does Gallup have polling data to suggest this, or are they really just a part of the Big Lie?
-PJ
Do you really think it's that low?
I expect the real numbers to be closer to 20%… probably 35 to 40% if you count in underemployed / I-took-a-janitorial-job-when-I-have-an-Engineering-degree-so-I-could-eat sorts / I'm-a-PhD-in-this-field-working-a-entry-level-BS-job-because-the-company-can-get-away-with-dictating-my-salary sort of cases.
Sorry, cut-and-paste error on the previous post... that’s what I get for not proofreading.
If you, a family member or anyone is unemployed and has subsequently given up on finding a job if you are so hopelessly out of work that youve stopped looking over the past four weeks the Department of Labor doesnt count you as unemployed. Thats right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them arent throwing parties to toast falling unemployment.
Posted on FR last May by 4Liberty
http://www.freerepublic.com/focus/f-news/3151710/posts
Unemployment Drops to 0% as Last Worker Leaves Labor Force
The Peoples Cube ^ | May 3, 2014 | Opiate of the People Posted by 4Liberty
Comrade Barack Obama today became the first to achieve a milestone coveted by enlightened central planners everywhere when the Bureau of Laborious Statistics announced the much-followed totally-meaningless headline U3 unemployment rate for last month was ZERO PERCENT! This means that the glorious economic recovery he engineered after the disastrous Bush years has now attained FULL EMPLOYMENT!
It is a tribute to Professor Obama that he was able to find the Holy Grail which eluded historys greatest economic thinkers such as Lenin, Stalin and Mao. This landmark achievement along with his establishment of free healthcare for everyone via the Affordable Care Act cements his reputation as the Greatest Leader in this or any other universe for all time.
The dramatic moment occurred at 12:03 PM, four weeks to the day after Lyman Yilk, a pipe-fitter from Bittcling, Pa, finally gave up looking for work. Mr. Yilk has been unemployed since 2005 but was on a celebratory bender since the day after Mr. Obamas first election and did not know that the Keystone Pipeline (which Mr. Yilk was hoping to find work on) had been cancelled due to environmental concerns. When he finally sobered up four weeks ago and learned the project was dead, he abandoned his search to find a job.
Mr. Yilk was the last worker to leave the labor force and turned the lights out as he left. According to the BLS definition:
Quote: U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks. Without Mr. Yilk, there was no one actively looking for work any longer, hence the U3 rate was now ZERO PERCENT, praise Obama!
Gloom-and-doom naysayers were quick to note that the labor force participation rate had also dropped to zero percent which (according to them) was not a good thing as it meant no one was employed. Comrade Nancy Pelosi countered their racist, straw-man argument brilliantly by observing that it also meant no comrade was any longer job-locked and each was free to be an artist, writer, hooker, etc, and pursue their passion.
There is no underestimating this tremendous achievement of Barack Obama said Paul Klugeman, an expert on hiding declines and fudging economic statistics as well being the self-proclaimed Conscious Liberal. Comrade Obama has achieved the socialist dream of freeing all of The People from the slavery of work and permitting them to live off of someone elses dime as god, if he existed, wouldve wanted.
Dr. Klugeman was asked if a problem would arise due to the fact that since no one was working, there would also be no one to pay for the benefits that all the non-workers were collecting.
Nonsense, he proclaimed. The Fed will simply print money for artists and writers and hookers to use to buy things from China! What could go wrong?
It seems so simple now, its a wonder no one ever thought of it sooner.
The genius of Dear Leader Barack Obama lies in his simplicity, said Dr. Klugeman.
We agree.
RE: I-took-a-janitorial-job-when-I-have-an-Engineering-degree-so-I-could-eat sorts
Unfortunately they are counted among the “employed”.
At least they’ve been liberated from job lock. Now they can write poetry, paint, and enjoy fun-employment. (-N. Pelosi)
When people leave the work force or stop receiving unemployment compensation, even if they still have no job, they reduce the unemployment number. When they finally land a job they reduce the number again. If they get two part time jobs totaling 36 hours they reduce the number yet again.
Unemployment compensation has nothing to do with the calculation.
People who collect unemployment compensation must certify periodically that they are actively searching for work, whether they are or not. If you dont tell the lie, you dont get your check. Needless to say, almost everybody tells the government what they want to hear.
As soon as unemployment runs out, there is no longer any requirement to lie in order to get a check, so people just stop lying. At that point, they are counted as having dropped out of the labor force because they have stopped looking for work. In reality, the only thing they stopped doing was lying about it.
You pay people to lie, they will lie. You stop paying them, they stop. No mystery there...
Now for the most depressing part of the story. Republicans are in on this as well.
We've lost control of our gubbamint. They (Pubs/Dems)routinely spew false indices, misleading stories/half truths, out right propaganda to deceive citizens for political gain, power, wealth.
Both sides of the isle are in on this.
Bump
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