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U.S. Job Seekers Exceed Openings by Record Ratio

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posted on Sep, 28 2009 @ 09:12 AM

Despite signs that the economy has resumed growing, unemployed Americans now confront a job market that is bleaker than ever in the current recession, and employment prospects are still getting worse.

“There’s too much uncertainty out there,” said Thomas A. Kochan, a labor economist at M.I.T.’s Sloan School of Management. “There’s not going to be an upsurge in job openings for quite a while, not until employers feel confident the economy is really growing.”

Bad news for those hoping (or falling for the official line) that the economy was getting better. Less jobs means less money which means less purchases and more delinquent mortgages.

We're in for a long tough ride, fasten those seat belts.

posted on Sep, 28 2009 @ 09:52 AM
Doesn't it seem like an absurd and paradoxical situation when you have people who are willing to work, and you have people who need the goods and services working people provide, but somehow... somehow the two do not meet.

A situation like this can only exist by intentional manipulation, because it isn't natural for humankind to sit idle while its needs aren't being met.

No animal in nature needs money to take care of itself. Why do we? Don't we have the resources, the talent, the labor?

Oh, wait... capitalism. Money-ism.

Seems like it just makes the rich richer, the poor desperate, and overall just gets in the way of real human progress.

posted on Sep, 29 2009 @ 01:24 AM
Capitalism is Darwinism, you can't look to either for social justice. Those who prepare to survive rough times and adapt to change will survive. Those best adapted will prosper.

Social justice is found through other channels, churches, families, and friends. Those stuck in the old ways and didn't take responsibility for themselves will suffer, and if they've distanced themselves from their faith, their families, and their friends, they will demand support from strangers redistributed forcibly through government channels.

posted on Sep, 29 2009 @ 01:45 AM

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