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  #1 (permalink)  
Old 2 Weeks Ago
iamwhatiseem's Avatar
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Member Since: Mar 2004
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United_States     Indiana

Unemployment: 26 year High and rising.

I am so glad we are having a recovery.
After extending unemployment compensation yet again, with little hope of employment gains anytime in the near future...we are approaching a "welfare-like" state.
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  #2 (permalink)  
Old 2 Weeks Ago
Joint Chiefs of Staff Member

 
Member Since: May 2009
Location: New England
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Re: Unemployment: 26 year High and rising.

10.2% unemployment today. The average worker isn't logging a whole 40 hrs a week either, that means employers could get more work out of people they currently have on staff and thus a low incentive to hire.

Last edited by JDJarvis; 2 Weeks Ago at 08:05 AM.
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  #3 (permalink)  
Old 2 Weeks Ago
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United_States     Texas

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by iamwhatiseem View Post
I am so glad we are having a recovery.
After extending unemployment compensation yet again, with little hope of employment gains anytime in the near future...we are approaching a "welfare-like" state.
"mouth breathing" voters got what they asked for...hope 'n change. All the jug-eared Kenyan can do is campaign and blame Bush. All Congress can do is spend more money than we have.
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  #4 (permalink)  
Old 2 Weeks Ago
iamwhatiseem's Avatar
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Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by JDJarvis View Post
10.2% unemployment today. The average worker isn't logging a whole 40 hrs a week either, that means employers could get more work at of people they currently have on staff and thus a low incentive to hire.
Excellent point.
There are many, many workers working 6 hour days.
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  #5 (permalink)  
Old 2 Weeks Ago
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Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by JDJarvis View Post
10.2% unemployment today. The average worker isn't logging a whole 40 hrs a week either, that means employers could get more work at of people they currently have on staff and thus a low incentive to hire.
AND not have to pay benefits.


I knew the number was coming out but if you had asked me yesterday I would have said 10% flat..this is pretty much a ½ point jump, in one swoop.

I didn’t think we’d get to 10.2% till feb. or March and said so….seeing how everything effects everything else in the world of logic, I wonder how this will affect the health care vote this Saturday, but they live in the world of illogic soooooooo.
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Last edited by Imperator; 2 Weeks Ago at 08:25 AM.
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  #6 (permalink)  
Old 2 Weeks Ago
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Member Since: Nov 2006
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Re: Unemployment: 26 year High and rising.

Well, nice to see the Golden Boy is doin' such a bang-up job...
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  #7 (permalink)  
Old 2 Weeks Ago
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United_States     Texas

Re: Unemployment: 26 year High and rising.

More people not working ...means less people paying income taxes ....means less money for the gubmint to spend ....means higher taxes for the rest of us ....means less money we have to spend on stuff ....means more people get laid off........
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Fairness doesn't just happen. It requires the right government policies." -Hillary Clinton


The god of this age has blinded the minds of unbelievers, so that they cannot see the light of the gospel of the glory of Christ, who is the image of God.

2 Corinthians 4:4

Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.

John 14:6
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  #8 (permalink)  
Old 2 Weeks Ago
Town Council Member

 
Member Since: Jun 2009
Location: St Louis
Posts: 111

   
Re: Unemployment: 26 year High and rising.

How is all that hope and change working out for you guys?

This was planned from the start... this Administration wanted this, planned for it, worked for it, designed the stimulus bill to provide it, and have played politics with the pain and suffering of the very people that voted for them.

Bug fuckers...
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  #9 (permalink)  
Old 2 Weeks Ago
iamwhatiseem's Avatar
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Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by tsquare View Post
How is all that hope and change working out for you guys?

This was planned from the start... this Administration wanted this, planned for it, worked for it, designed the stimulus bill to provide it, and have played politics with the pain and suffering of the very people that voted for them.

Bug fuckers...
This isn't Obama's fault.
He has certainly been doing the wrong things...however he took over an already crumbling economy..no one could stop this wreck from happening.
What I will concede is the Obama administration's policies are prolonging the bad economy and lessening the chance of a recovery in 2010.
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  #10 (permalink)  
Old 2 Weeks Ago
Danny's Avatar
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Member Since: Mar 2004
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Re: Unemployment: 26 year High and rising.

Jobs always follow last in a recovery. Just like when the recession hit, the jobless rate was much lower.
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  #11 (permalink)  
Old 2 Weeks Ago
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Location: Chicago, IL
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United_States     Italy

Re: Unemployment: 26 year High and rising.

People need money to spend to "grow" jobs.

How do we do that?
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  #12 (permalink)  
Old 2 Weeks Ago
Swoop187's Avatar
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United_States     Italy

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by Danny View Post
Jobs always follow last in a recovery. Just like when the recession hit, the jobless rate was much lower.
Yeah well thats impossible.

The cause of the recovery are the jobs, the jobs that get people spending again because they have a job.
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  #13 (permalink)  
Old 2 Weeks Ago
Swoop187's Avatar
Secretary of Defense

 
Member Since: Jun 2006
Location: Chicago, IL
Posts: 3,218

United_States     Italy

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by lug-nut View Post
More people not working ...means less people paying income taxes ....means less money for the gubmint to spend ....means higher taxes for the rest of us ....means less money we have to spend on stuff ....means more people get laid off........
I don't know why people just don't get that.

People need money to spend to stimulate the economy.

The best way to grow jobs is to GIVE the working class a large stimulus check and tell them to buy shit with it.

They do that the economy would recover with in 6 months to a year.

Naw, that wont happen though because those that have the power to do that HATE capitalism and believe the nanny state government is the only answer.
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  #14 (permalink)  
Old 2 Weeks Ago
Tim Tim is offline
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Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by Danny View Post
Jobs always follow last in a recovery. Just like when the recession hit, the jobless rate was much lower.
Yes, that's true - there is a lag time and those lag times have been getting longer.

The difference this time is that there is no growth at all in the private sector at this point, and the private sector is the main engine of job growth. There can be no job growth until the private sector starts to grow again.
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  #15 (permalink)  
Old 2 Weeks Ago
Joint Chiefs of Staff Member

 
Member Since: May 2009
Location: New England
Posts: 1,211

   
Re: Unemployment: 26 year High and rising.

"The unemployment rate for production jobs, such as factory workers, jumped to 14.5% from 14.1%. The jobless rate for workers in construction, maintenance or natural resources industries such as mining rose to 15.5% from 14.3%."

Which means, no recovery on the horizon.
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