True unemployment at 20%

One in three unemployed workers have been looking for work for 6 months or more.

When you take into account the folks that are working at part time jobs or just working at a minimun wage job when they are highly qualified to do other work in a field that they can't find a job in due to lay-offs, I am sure the number is closer to 20%.
Times are tough man and I don't see an end to it. I thank God I got the job I do.

And that's not even counting the illegals.

I knew we were in the second great republican depression. The Japanese went through what they called the lost decade in the 90s and I think thats just about right.

The reason they went through the lost decade was because of government interference. They should not get involved or we may have our own. I'm leaning towards collapse of the economy through the destruction of our currency.

Well so far our government really hasn't been involved to the extent the Japanese government got involved. Today the dollar went up and oil and gold went down and the stock market was off over 100 points. It's plain to me other country's or big time players are manipulating the system. The true bottom is what a country can make in real value not paper money. Besides the American worker is the best in the world with productivity but they are not or haven't been compensated for their work and wages have been stagnent for 20 years, what's up with that.

Thank God (and the Democrats) for our social safety nets or we'd be a third world nation by now.

about 25% are not employable.
About 75% of the degrees sold by colleges in this country are in liberal arts.
Lot of demand out there for social studies majors.
How about a communication or government studies major.

I recently interview about 30 applicants for an accounting opening with my company.
26 had degrees . 2 had a basic understanding of an income statement and balance sheet. None understood depreciation, cash flow or overhead allocations.
I ended up hiring one ,ill have to train.

Have faith in America guys. She will turn around. I do not want this country to fall, we stand for to many good ideals and etc.

Run the graph back to the thirties and it would be useful. According to this unemployment has never been below 10%

Even with all of our efforts we can still become a third world country and the entire globe can slip one notch. This is what you get when you have 8 years Pathetic leadership and greed, by unqualified, greedy, dishonest, people, than you Dumb Ya, the world will be paying for your bad leadership and thivery for a long time. How a moron like you stold the presidency is a wonder but you should be hung by your fingernails for a long time.

All you have to do , is to look around , to realize , it's true .

"There are Lies, Damn Lies, and Statistics". Not my quote, but true.

This is going to sound terribly simplistic, none the less, I believe the way to put American workers back to work is to create demand for American made goods. You and I can do that if we refuse to buy Chinese manufactured goods. We don't need to start a tariff war, but what we do need is to offer tax breaks to companies that have American factories and tax the profits out the ones that have set up factories in China. We can't have it both ways, cheap stuff like found in walmart and low unemployment. WE can determine our own destiny, and we damn well better start recognizing that if we want prosperity... it comes from a broadly based middle class...not from a handfull of uber wealthy individuals and a vast sea of unemployed.

yup. That's seems more truthful based on what I see around me. Now that we're in this Depression let's see how much worse Obama makes it.

kenny,

to be blunt america has become a consumer society that doesn't produce almost anything. Hell we don't even have enough engineers, but we have a sh*t ton of psychologist and salesmen, too bad thats f-ing useless for society so goodbye infrastructure.

Well if you want to know where we could go if we're lucky look at Spains empire and see how they literally spent it away which cleared the for the french and british empires.
Now if we're unlucky (I don't believe in luck fyi) then look at Rome towards the end just before the caesars.

For someone like me I'm thinking things will get worse or society will transform. Most likely it will be the death of a majority the middle class and the start of modern feudalism.

Everybody I know has found a job...a few were laid off but they found another pretty quickly...I guess things are worse outside of the DC area because I honestly can not say that I've seen things change...the malls are still crowded and everyone I know is working...

LMAO....Thank your liberal President with his fucked up plans and that totally assed up congress. You get what you vote for. Liberals still blaming republicans....give me a break twits.

Truer words have never been spoken, if we buy American and tax companies that export there factories and put the American name on the product we should bring jobs home. Let them continue to sell their products made overseas to that market with no penalty which will bring the money back home.

I work @ a mall, no one here is shopping, we know we could be unemployed tomorrow.

I doubt it also includes people who SHOULD have been given unemployment but whose claims were denied.

Example: a new "probationary" teacher works for a year on contract that has to be renewed. She can get a satisfactory review, and yet the principal can Non-Renew her "with-cause", even if there is no cause. The unemployment forms don't have a selection for 'non-renewall" of contract, and the employee has to show that they were not rehired due to their own actions. The "with cause" section invalidates that claim, even tho she had a "satisfactory" evaluation.

this is a ploy some districts use to get rid of teachers who were good workers but they don't want, they can't really fire (because they did good work) but they don't want to pay unemployment.

30% taking out the temp agencies.

I agree with you this is not a true reflection of the true state of unemployment curtis. Let's hope we didn't make another mistake but the jury is still out.

Thanks Diesel there is a right way to do things and the illegal way, unfortunately our current admin. just wants to be liked. We need a high electric fence and prosecute anyone that allows anyone to circumvent the law, my daughter is in the US Coast Guard stationed in Key West and I am so proud when she send back any chugs that try to enter our waters illegally. For anyone that does not know what a chug is, its a homemade raft used to enter the US from many different countries.