Five for every one… and why unemployment will go on longer than we want it.

The current Dept. of Labor statistic is that there are five unemployed job searchers for every one job that opens up at present. This means that only 20% of people seeking work right now are likely to get it, leaving the rest of us to ponder our futures in different ways.

Some, of course, will retire or take early retirement with reduced Social Security because they have little or no choice. Some, who have access to some investment money, will set up new small businesses… often with themselves as the only employees… and hope that something will come along at some point to get them off their own dime (I call this the freelance graphic designer option. I’ve been there, too.) Some will turn to crime… no joke…it is happening already.

The 20% who do get work are, for the most part, getting jobs which pay less than they were making before they ended up on the unemployment rolls, while their day-to-day cost of living expenses are significantly higher (just take a look at gasoline!)

So what is the government planning to cure this situation? Damn little, I’m afraid. Congress will be a left-right wrestling ring. The Obama Administration will hope Congress does something…but it won’t. The Supreme Court will continue its firming up of the Corporate Wealthy.

And we’ll watch a lot more television, cry in our sleep a lot more, and go progressively downhill as the Middle Class disappears.

About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on November 29, 2010, in blogs, Books, budget, Business, Congress, crime, Economics, editorial, Education, Finance, history, Internet, Job Seeking, Lies, News, Opinion, Politics, President Obama, Supreme Court, Taxes, vote, Warning, Word from Bill and tagged , , , , , , , . Bookmark the permalink. 2 Comments.

  1. Perhaps we should at least put up a fight on this? For example, we should all be calling our Senators and Representatives and demanding that they extend unemployment benefits for a year. Contact information and talking points on this and other progressive issues to call about are at my blog –

    http://www.winningprogressive.org/last-call-for-now-for-progressive-legislation-in-congress

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