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   alt.fan.noam-chomsky      Founded cognitive approach to politics      62,757 messages   

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   Message 61,759 of 62,757   
   Johnny Asia to All   
   """"The Destruction Of The American Econ   
   15 Oct 12 07:30:25   
   
   47818bc4   
   XPost: alt.politics.radical-left, alt.politics.socialism, soc.rights.human   
   XPost: alt.activism.peacefire   
   From: johnnyasia2013@yahoo.com   
      
   More Bad News For Obozo   
   The True Unemployment Rate of 14.75% Threatens Our Economy   
   4.8 million Americans are long-term unemployed. Fewer than 1 in 5 job   
   seekers found employment last month. Those who have been unemployed   
   for extended periods of time find the search the most difficult. I can   
   attest to that, as I am one of those who hasn't found full time   
   employment after more than a year of hard searching, hundreds of   
   resumes distributed, and dozens of gallons of coffee consumed while   
   "networking."   
   A 600,000 rise in involuntary part-time workers in September.   
   According to the Bureau of Labor Statistics (BLS), "These individuals   
   were working part time because their hours had been cut back or   
   because they were unable to find a full-time job.”   
   Underemployment is 14.75 % or - 23.2 million.  Many of us who are or   
   were unemployed have taken on part-time work while we continue to   
   look. We count as employed. Our temporary, part-time, and "moderately-   
   ok-for-the-short-term" employment situations have to do for now. We   
   aren't contributing much to the economy (or taxes) because we aren't   
   spending, and we are making a small percentage of what we were. In   
   many cases, we are working far harder for far less. Including all five   
   of my part-time jobs/clients, my income this year will be barely 20%   
   of my full time salary before benefits, and I still work more than 40   
   hours per week.   
   According to the BLS, "in September, 2.5 million persons were   
   marginally attached to the labor force." They “wanted and were   
   available for work,” but “they were not counted as unemployed because   
   they had not searched for work in the 4 weeks preceding the survey.”   
   In short, they gave up.   
   http://www.policymic.com/articles/16278/real-unemployment-rate-d   
   spite-marginal-gains-employment-problems-threaten-economy   
      
   +   
      
   Pucker your butt for the Apocalypse!   
      
   Johnny Asia, Asshole from the Future   
      
   http://twitter.com/johnnyasia   
   http://www.angelfire.com/co/COMMONSENSE/blasphemy.html   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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