“Private employers have now added jobs for 29 straight months. But the overall pace of job creation remains modest, and jobs remain very difficult to find for large numbers of the unemployed — a situation that likely will persist for some time,” says Chad Stone, chief economist of the Center for Budget and Policy Priorities, an independent Washington think tank.
I don't think jobs are growing at all. Even though numbers are manipulated for it to appear that we are making progress, in actuality, we are losing more and more ground. From what I see everyday, more and more people are getting laid off, and extremely few are finding some kind of underemployment. The media is trying to hype that things are slowly looking better because Wall Street is doing so great. Wall Street is not doing great because too many of us (whose money they depend on) are falling into poverty because of them. Another bailout for the banks is on the way. Our problem is, we played by the rules -- their rules, and we got stiffed. Now we are realizing that nothing is going to get better any time soon. How are we supposed to hang on when the only entities/persons that are eligible for help are those that don't need help?
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Join date : 2011-05-07
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