Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
Why the Jobs Shortage Is Worse Than It Sounds
3 posters
Page 1 of 1
Why the Jobs Shortage Is Worse Than It Sounds
If there's one headline indicator that encapsulates everything you need to know about the economy, it's the unemployment rate. And for the last few months, the news has been uncommonly good. In just four months, the unemployment rate has plunged from 9.8 percent to 8.8 percent. That's one of the sharpest short-term declines on record, and it suggests that jobs are rapidly returning and the economy quickly healing.
[See 10 industries that will hire the most in 2011.]
But neither of those things is quite true, and the unemployment rate has become a misleading indicator of the economy's health. If anything, it may now be telling us more about the shifting patterns of work in America, and the new ways people are adjusting to a challenging economy. We may even be returning to habits of a few decades ago, when fewer people worked, incomes were lower, and buying habits were more modest.
http://money.usnews.com/money/blogs/flowchart/2011/04/08/why-unemployment-is-worse-than-it-sounds
Re: Why the Jobs Shortage Is Worse Than It Sounds
I know my habits have change dramatically, much closer to those in my twenties when i made $2.10/hour while attending college. You know I have a home and a car, now I just need a job and would certainly be more cautious about how I spend my money. I could get accustomed to the pre-computer days. We were much more personal back then. Now we just text, tweet, email, skype, etc..
Dazed&Confused- Member
- Posts : 346
Join date : 2011-02-22
Location : Philadelphia
Re: Why the Jobs Shortage Is Worse Than It Sounds
All this means is that the shake-out is complete! I think a better indicator would be the decrease in the total number of jobs in this country over, say the last 3 years!
jmainframe- Member
- Posts : 471
Join date : 2011-02-24
Age : 65
Location : New Jersey
Similar topics
» ADP Foreshadows Worse Jobs Creation & Higher Unemployment… All Over Again
» Low Labor Force Participation Means Jobs Crisis Is Worse Than It Seems
» June Jobs Report -- Far Worse Than Expected (Update 7/9 - a "hint" of good news!)
» Cut the crap and create jobs
» Unemployed Occupy Rep. Paul Ryan's Office, Demand An Audience.
» Low Labor Force Participation Means Jobs Crisis Is Worse Than It Seems
» June Jobs Report -- Far Worse Than Expected (Update 7/9 - a "hint" of good news!)
» Cut the crap and create jobs
» Unemployed Occupy Rep. Paul Ryan's Office, Demand An Audience.
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Feb 06, 2019 3:59 pm by Sad American
» UF2 Members Chat Thread: Part 3
Thu Mar 02, 2017 1:02 am by DesperateInRI
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Wed Mar 01, 2017 8:19 pm by DesperateInRI
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009
» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72
» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009
» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA
» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed
» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper
» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe
» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI
» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009
» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009