Is Unemployment in the US even Greater Than The Great Depression ?, page 2
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reply posted on 5-2-2010 @ 01:22 PM by Hermitoutofhishole
reply to post by Subjective Truth



Man, I was expecting a lot more positive notes on this thread . The best indicator for me for the economy is locally. I hope the longer this thread gets the more even handed the reports of the economy because right now things seem much different than we are being told .

And I hope the best for everybody here . We gotta turn this around some how .

[edit on 5-2-2010 by Hermitoutofhishole]


reply posted on 5-2-2010 @ 01:49 PM by Absum!
reply to post by Hermitoutofhishole



Omaha NE. We are not being hit as bad as other cities, however there is a lack of good paying jobs.
Most everyone is just keeping their heads down and working hard to keep their positions.
Have you noticed a increase in people on corners with signs. I sure have.
(When the sun actually was out. I hope they have shelter this day.)

Now did you read this.

The Bureau of Labor Statistics (BLS) just revised its figures for 2009 and these now show that there was an extra 617,000 jobs lost in the U.S. economy last year. This works out to 51,000 more jobs lost on average per month than the U.S. government reported.


Source

And if they were lying about the numbers last year you can sure bet
they are doing the same right now.
As I said last year those green shoots were actually mold.


reply posted on 7-2-2010 @ 04:10 PM by amari
reply to post by Alxandro



We as a Nation are paying all right with or without the Super Bowl Party being

on the tab. The next time people elect a president they will first ask what do

you mean by change. Yes this presidency inherited many financial problems

going into his first year in office but to keep spending Trillions of dollars like a

drunken sailor is risking all of our future including most of all our children's

future. ^Y^



reply posted on 7-2-2010 @ 05:16 PM by xXxtremelySecure
To give you a different perspective let me explain what is happening at my department. We are supposed to have 120 uniform officers(not including detectives), this includes Animal Control and School Resource Officers, currently we have 62 and 6 detectives(we are supposed to have 12 detectives). Starting pay for my department is $32,000(we used to get a .02% raise too) we are going to have to cut down to $29,000 a year and no overtime pay. This wouldn't be as big as a problem if it had happened 1-2 years ago but there are almost no extra duty assignments coming in(Concerts, Event Security, Weekend Patrol at the Mall, etc.) to help officer make a little extra money. We have to pay for a lot of our own equipment now I could give you a list on that but it is easier just to say I had to purchase $900 of my own equipment last year.


As for you mentioning pawnshops in the initial post, one of my good friends just opened a pawnshop in December. He has been turning an enormous profit because of the other pawnshops being overstocked and not accepting inventory they already have. For instance someone brought in a 25" TV in and sold it for $8 because none of the pawnshops had room for it, he then turned around and sold it an hour later for $30. The other pawnshops aren't able to sell their TV's so cheap because they paid $25-40 for the ones they bought. I am actually trying to talk my friend into letting me work the graveyard shift(6pm-2am) on my days off.


Secure


reply posted on 8-2-2010 @ 03:37 AM by Rockpuck
reply to post by Dbriefed



You can't compare unemployment numbers (official or not) to any other time period.. it changes every 10-8 years or so. The way we calculate Unemployment isn't even the same as it was under Clinton, it's completely different.. I've heard plenty of economist say "oh it's not as bad as the 1970's" .. but they either don't know (or more likely fail to say) the 1970's included many more people and job types.

The Great Depression, at it's height, was probably 30-40% unemployment..

GDP was also calculated differently, so it's even hard to say if the entire time the GD was actually a Depression. What we even classify as a depression has changed.. for instance, in the late 1970's through mid 1980's could be considered a depression .. also from 1999-2003 we never really left "recession" definition aside from a technicality in GDP .. which is highly fraudulent.

Technically speaking.. the current recession is over. It ended last summer. Surprising to anyone? Sure as hell is news to me.. but we have had two consecutive quarters of economic growth.. thus the recession ended at the beginning of the 3rd Quarter 2009. Doesn't matter if this goes on for another 3 years, recessions over.

Statistics from the Government suck. Plain and simple. It's a massive conflict of interest.. honestly, how long are you going to go on letting people think you're failing?


reply posted on 8-2-2010 @ 10:11 PM by mrpotatohead
Originally posted by apacheman
Pretty bad here in SoCal.

No one I know has a real full-time job. Everyone is either part-time, spot-work, or is unemployed. We have lost lots of restuarants, thrift stores(!), music stores, computer stores, mostly mom& pops.

Wal-Marts, Von's, and Albertson's have all cut hours and people. The local albertson's just had one disgruntled employee turn off the coolers on the way out the door on their last night, made a mess, apparently. The next day all the frozen stuff, chilled stuff and meats were on sale; glad my brother and I overheard the reason being discussed the night before by two employees.

Things are harsh and getting harsher: a lot of folks I know will lose their extended unemployment bennies in a month or so, and most don't know what they'll do after that. Everyone's tapped out their eligibility for the various forms of aid, shelters are full...at the city, county, and state levels, everyone's pretty much broke, and their solution is to cut social services, as if that would make anything better.

I don't see anything improving anytime in the forseeable future, a cascading systemic collapse is much more likely now.


But the federal government has increased the number of employees. I guess that's the change we were hearing about. Maybe Osama could get rid of a few czars, and make some room for a couple new hires. It's only going to get worse, but the government will tell you it's better. Sooner or later, the reality will be undeniable. people already know what they see in everyday real life doesn't match up will the crap the Whitehouse is spewing.

it's kind of scary to know it's going to get much worse. Brother, can you spare a dime???

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