Please reads the post above and consider it when you read this:
From the New York Times:
There are now more than five unemployed workers for every job opening in the United States.
Economists are currently spreading the word that the recession may end sometime this year, but the unemployment rate will continue to climb. That’s not a recovery. That’s mumbo jumbo.
There were roughly seven million people officially counted as unemployed in November 2007, a month before the recession began. Now there are about 14 million.
“By May 2009, [..] the total number of underutilized workers had increased dramatically from 15.63 million to 29.37 million — a rise of 13.7 million, or 88 percent. Nearly 30 million working-age individuals were underutilized in May 2009, the largest number in our nation’s history”.
Three-quarters of the workers let go over the past year were permanently displaced, as opposed to temporarily laid off. They won’t be going back to their jobs when economic conditions improve.
Men accounted for nearly 80 percent of the loss in employment in this recession. [..] Workers under 30 have sustained nearly half the net job losses since November 2007.
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Enjoy your Hyundai, Honda whatever! You might not have a job in two years but you’ll still have that tiny “personal” advantage you thought you’d gain?
Every job should be important to us. Sadly in America the “other” guy’s job can go suck an egg, the only job most Americans care about is their own. Maybe that will change when people finally put two and two together and realize not supporting the “other” guy’s job eventually cost them “their” job???
