Posted on 06/30/2015 3:23:27 PM PDT by Kaslin
Supervisors and managers at the plant would receive straight time salary no matter how many hours they spent on the floor.
Mandatory overtime pay will result in the reduction of salary for these compensated individuals just to make up for the govt. mandate.........
It’s actually pretty simple.
92 million out of the workforce.
210 million available. Rounded off that’s 44%.
Now, you can call some “disabled”. “Housewives or househusbands”. Moochers. deadbeats. Or just early retirees. But whatever you call them, you can surely call them “Unemployed”.
When unemployment was 25% in 1932-33, there were NO federal transfer payments. People really FELT unemployment, and had to line up at soup kitchens, flop houses, etc.
With all the welfare in various forms, it’s easy to believe we have 42% unemployment without visible soup kitchens, apple sellers, etc.
Productivity is so much higher now than in 1933, you don’t need as many workers, due to automation, robot factories, better production techniques, that sort of thing.
The biggest impact of unemployment now may be the moral impact on people not being gainfully employed, and the social ills that engenders, like family breakdown (or never forming).
WEll you have 141 million Americans of working age and you have 92 million out of work so the math is easy. Even at 30% its worse than the 1932 depression.
I hear ya about the working hard part. I had to find new employment as “loyalty” at my previous employer only saw me (and others to be sure) busting our humps and no raise for a little over two years; meanwhile the company was posting profits for the past three quarters. I tried explaining to management that at the rate of (real) inflation over two years we were essentially taking pay cuts. They obviously didn’t care as the “raise” they offered me was paltry and just not worth hanging around that place.
Take care out there and best of luck..
Oh, and work your ass off, millions are depending on us!
The “Man on a white horse”. We may not get such a man, and may have to do it ourselves.
Mind if I ask where that is?
aside from a few specialized skill sectors, there is almost zero employment on offer for anybody that we can see...
oh yes, there are some retailing jobs on offer, and they look jusr fine but, of course, that’s not a national economy
my best guess is that unemployment (including folks stuck working only limited hours who want more normal employment) is about one in three
the rest (that last ten percent Stockman cites... are indeed without regular jobs... but they are folks who we would not expect, and they themselves would not expect, to be working anyway.... so it is correct to include them in any honest accounting of unemployment BUT most of us think about people who want to work, or should normally be working at their age and if they are physically able to do so.... and that must be over 33% but maybe not Stockman’s full 43%, just observing can’t say exactly
the administration’s figures are patent lies, of course, either way
Hope and change has been an astounding success. (/sarc)
Honolulu.
Just from *today’s* paper:
>>Kimo Carvalho, community relations director for the Institute for Human Services, said that unsheltered homelessness in Kakaako has grown dramatically in the last few months.
“Today there were 183 tents,” Carvalho said.
On June 9, Carvalho said, the count was 158 tents, up from 116 on May 6.<<
This is just one encampment. There are many more, including one near where I live. This was in connection with a state legislator being assaulted by the homeless yesterday; he’s in the hospital in serious condition.
It’s getting very bad as the economic depression gets worse and worse.
Could someone tell Ted Cruz this? Maybe he would refuse to help those who caused this disasterous employment situation and come off his idea of increasing H1b visas 500% and retention of illegal immigrant job stealers already here.
How can he?????
The libs and the media are practicing the tenet that, no matter how many people are unemployed or underemployed,
"it's not a DEPRESSION if they don't acknowledge it",
meanwhile the sheeple voted the indonesian/kenyan marxist in - TWICE!
92 / 141 = .65248 - that’s close to 35% just right there.
Yep. WE all know it aint’ no 5.6% for sure.
They just repeated the 5.5% version of the lie on the news a little over 30 minutes ago.
Thanks Rush for talking about this...
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