Do you know anyone who's been hired in the past year?
Employment while important to individuals, isn’t the real problem in the USA today. Its our debt to GDP, as we have more debt as a nation the dollars borrowed wiegh down our productivity. Back in the early 1960s a dollar of new debt added almost a dollar to the nation’s output of goods and services. As more debt enters the system the productivity gained by new debt diminishes. This produced a path that was following a diminishing line targeting ZERO in the year 2015. This meant that we could expect that each new dollar of debt added in the year 2015 would add NOTHING to our productivity. Check out this article http://economicedge.blogspot.com/2010/03/most-important-chart-of-century.html We can all be working but if we add nothing to productivity, or even loose money, how long before changes are needed?
No matter what they tell us, do you think they will tell the real truth? They tried to tell us the jobs data was better when they were using statistics from the temp employment. What they fail to add in is the fact that many have run out of un-employment compensation funds and are no longer in the statistics. Count them, too.Then there are those that no longer do physical work for a company. There’s a lot of people making an income online. Many were doing business with China online. If Google pulls out of China will this have an effect on them?In my opinion, I think the markets are being manipulated so that they reflect that everything is getting better to the people. I mean. How can businesses be rising in their profits when millions no longer have an income to spend as a customer to those businesses? One must look beyond what they tell us.
No the way things are. We are looking at another recession in the makeing. All i can say is hang on for the ride.
There are jobs available, but still not for the average worker (middle class included).. What is available is for the professional, salesman and computer savvy.. If you call that a good selection then you don't know squat about the real world. And I don't see any light at the end of the tunnel unless a miracle happens..
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Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them