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60 Minutes Just Blew The Lid Off The Unemployment Situation in the USA

Posted on 10/24/2010 4:41:44 PM PDT by My Favorite Headache

Airing right now...said the real unemployment is at 17.5%...showing tons of people with masters, bachelors, phd's, you name it...unemployed for 2 years...can't even get jobs at Target.


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections; US: California; US: Delaware; Your Opinion/Questions
KEYWORDS: cbs; christineodonnell; elections; fiorina; jobs; megwhitman; novemberelections; obama; palin; realunemployment; teaparty; unemployment; unexpected; vanity
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To: Califreak
You forgot. The people who would love to kill all the crackers don’t want to work.

That's true, but they think they can have the jobs without actually doing the work. Some of them actually think people who have jobs do nothing to hold them and get paid anyway.

121 posted on 10/24/2010 5:27:28 PM PDT by calex59
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To: central_va

As I said, it’s awful for people unemployed and trapped there in this economy. That it angers you and sounds unjust does not make it any less true.

Ask any human resource professional or even anyone who’s ever been in a position to hire subordinates. It’s there, and it’s why so many professionals with degrees are hurting so badly right now. Call me names all you want, it won’t change reality.

And, just so you know, I was desperate for a job two years ago. It hit here in NC earlier than in some other areas. I had to shut my company down, customers went bankrupt and left me holding the bag to the tune of mid-five figures, no new business could be found. I was denied unemployment benefits by the state ESC, despite having paid unemployment “insurance” on myself for thirteen ****ing years, because there was still a pittance of income coming in every month, never mind the thousands of dollars in equipment financed, office leases, etcetera going out.

This went on for eight months and there were several of those months that I was so low, if I could have curled up into a ball and just disappeared, I would have. I wouldn’t have minded just not waking up some morning, either. I got through it by rediscovering my faith in God and by praying to Him. I got a job with a former customer, in a field only tangentially related, and at a third of what I’d been making on my own. For that I literally thank God. It was the answer to my prayers.

So, you know what you can do with your misdirected keyboard warrior bravado, now don’t you?


122 posted on 10/24/2010 5:29:08 PM PDT by RegulatorCountry
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To: blam
This has been the "Summer Of Recovery".

...and now we're in the Fall of Prosperity

.

123 posted on 10/24/2010 5:29:11 PM PDT by repentant_pundit ("Summer of Recovery" became "The Fall of Prosperity")
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To: SamAdams76

“We are not even considering them because we know that as soon as the economy turns around, they will leave us to take another job but it’s pretty incredible nevertheless.”

If I was at the top of your company, I’d question that things will bounce back strongly enough for you to lose their services anytime soon.

And I’d question how your company is stronger without them versus with them.


124 posted on 10/24/2010 5:30:24 PM PDT by truth_seeker
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To: Mr. K; All

You want to ‘see it’? Check this graph out Mr. K.

Geography of a Recession

http://www.latoyaegwuekwe.com/geographyofarecession.html


125 posted on 10/24/2010 5:30:27 PM PDT by Outlaw Woman (If you try to remove the 1st Amendment, we'll just have to move on to the next Amendment)
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To: yldstrk
He really is a pompous ass, everyone here knows that, but you know your post will probably get deleted.

I hope it doesn't because it is a slice of reality in these trying times.

Best of luck to you, and thanks for speaking your mind.

126 posted on 10/24/2010 5:30:59 PM PDT by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: DarthVader

“The Democratic Party is going to be destroyed in 9 days long before they can try this madness.”

We can hope, but they’ve admitted to working on it in committee.


127 posted on 10/24/2010 5:31:06 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Mad_as_heck
I live in a small town in rural Michigan about 1.5 hours north of Detroit. The economic situation here is apocalyptic. I mean literally: The town is unemployed. The grocery store is closed. The hardware has closed. The factories are either closed or obviously in big, big trouble unless things change soon.

My CPA wonk went to a Confab of which they would not hand out booklets or allow copies of the PDF to get out by the Comp-Troller type. Michigan hit s a brick wall next yr with Porkulus running out and Medicaid/Medicare cost increasing and a former state employee retirement bubble hitting. His analysis they can't cut enough and it will have to be done and more taxes....

128 posted on 10/24/2010 5:31:17 PM PDT by taildragger ((Palin / Mulally 2012 ))
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To: Tolsti2
"With a degree you aren’t going to get any lower jobs to get by. You are overqualified."

If I lost my job right now and had no other option than to work at a fast food restaurant to put food on the table, I wouldn't dare put on the application that I'm an IT professional with a degree. That would be totally stupid. I'd say I worked at a family restaurant somewhere that went out of business, and have a few friends lined up as 'references'. You gotta know how to survive. A degree and an impressive resume doesn't always help you in certain situations.

129 posted on 10/24/2010 5:31:34 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: LibFreeOrDie

Wow. And 9 days before the election. Bambi and the rats are gonna be all weee weeed.


130 posted on 10/24/2010 5:32:07 PM PDT by unkus
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To: taildragger
But even all the Kings Horse and all the Kings Men won’t make Hillary President again, she is unsale-able...

And 3 1/2 years ago, many here were saying, "No way can a man named Barack Hussein Obama ever be elected president of the United States, especially after 9/11."

Nothing is unsalable in this lunatic asylum.

131 posted on 10/24/2010 5:32:15 PM PDT by buccaneer81 (ECOMCON)
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To: calex59

>Some of them actually think people who have jobs do nothing to hold them and get paid anyway.<
Are you talking public or private sector? ;)


132 posted on 10/24/2010 5:34:37 PM PDT by Califreak (November 2008 proved that Idiocracy isn't just a movie anymore)
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To: randita

Very good post, completely agree with your scenario.


133 posted on 10/24/2010 5:34:42 PM PDT by Starboard
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To: Cyber Liberty
That you would post this vanity thread without a clue WTF you are talking about. You do realize there are a lot of us on the left coast that haven’t seen your precious 60 Minutes program?

Well, it gave me the opportunity to tag it for recording at 7 PDT.

Say, you're not one of the clowns who had a hissy fit when it was revealed that many foreclosures were being invalidated for sloppy or fraudulent foreclosure documents, are you?
Called us all a bunch of ignorant hicks for believing the initial reports... ?

134 posted on 10/24/2010 5:35:42 PM PDT by Publius6961 ("In 1964 the War on Poverty Began --- Poverty won.")
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To: My Favorite Headache; CanGyrene; Fred Nerks; null and void; stockpirate; george76; PhilDragoo; ...
. . . . 60 Minutes Just Blew The Lid Off The Unemployment Situation in the USA

Image and video hosting by TinyPic

135 posted on 10/24/2010 5:36:27 PM PDT by LucyT
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To: Hot Tabasco; OrangeHoof

Seen that story too many times. I’m a technical guy, too, but considerably younger (42). Ten years ago I saw the writing on the wall - lifetime employment, or even the good chance of getting a new job quickly - was disappearing for tech workers.

I started my own consulting business, had a tight few years, but am not reaping the rewards. Yeah, I traded away 5-6 years of my prime earning years (mid-late 30s) but I now have a career, a large stable of current and past clients, and am the one who signs my own check.

Best thing for you or your friend in Germany to do: get a website, write 3-4 pages of technical/impressive fluff, pump up the 1 page resume mightily, then walk in to any potential employer and tell them you’ll consider working on project X/Y/Z (scour the tech journals for their new projects) for only $100-$200 (choose a number at least double, if not triple a typical salary) per hour. You’d be surprised how many companies will take you VERY seriously, and give you shorter (4-8 week) contracts just because of your experience AND confidence.

But it takes big, brass, clanging, shiny balls to do it! Puff and bravado will get you 90% of the way there, so they will look at your abilities and experience and seal the deal.

Good luck, and if you can ever manage it, never, ever let another man sign your paycheck!


136 posted on 10/24/2010 5:36:36 PM PDT by PugetSoundSoldier (Indignation over the Sting of Truth is the defense of the indefensible)
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To: driftdiver

Good and let it serve notice to every voter and increase the size of their defeat. If they try to even pass that bill in committee just watch about 150 million Americans withdraw their funds from their 401K’s and see what it does to the economy and the Rats will get the blame. The country will then split apart.


137 posted on 10/24/2010 5:36:40 PM PDT by DarthVader (That which supports Barack Hussein Obama must be sterilized and there are NO exceptions!)
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To: Vince Ferrer

And the biggest problem the GOP has is that:

1. They have no clue how to fix the financial sector.
2. They have no clue how to increase employment (and just implementing “more tax cuts” and “slashing regulations” isn’t going to do it).
3. They have no plan on how to deal with China.
4. They have no real intent on repealing Obamacare.
5. They have no credible plan on how to deal with the entitlement train wreck.

And on and on and on. I can pretty much write the script for the next two years from here if the GOP takes control of both houses of Congress: Forward and down.

The GOP newbies are well intentioned... but if wishes were dollars, we’d all be millionaires.


138 posted on 10/24/2010 5:36:51 PM PDT by NVDave
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To: calex59

” Some of them actually think people who have jobs do nothing to hold them and get paid anyway. “

Have you seen any Cellular commercials lately?? Their message is exactly what you describe....


139 posted on 10/24/2010 5:36:51 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: SamAdams76

The people with degrees could also be good prospects for promotions to the next level. You are foregoing talent. What is the average length of employment anyway? Bet it’s short enough that the concern of them leaving in a turnaround doesn’t matter as much as foregoing the immediate talent. What is going to bring the turnaround anyway? A miquetoast like Romney? Hillary beating Obama in the primary and winning the Presidency? We don’t have many outs left as a country . . . and the hard left flopped Aces at the end of the tournament with the reaction against Bush just as Obama won. Betcha Soros is making a killing betting against the dollar.


140 posted on 10/24/2010 5:37:07 PM PDT by November 2010
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