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The U.S. economy added 74,000 jobs in December, as the unemployment rate fell to 6.7 percent, the Bureau of Labor Statistics reported Friday.
The Associated Press reports:
U.S. employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy's recent strength.
The Labor Department says the unemployment rate fell from 7 percent in November to 6.7 percent, the lowest level since October 2008. But the drop occurred mostly because more Americans stopped looking for jobs. The government counts people as unemployed only if they are actively searching for work.
How many are disabled but still could work part time if they could find the right job.
For the last few years no employer will hire the disabled when they can hire non disabled.
Many of us disabled are now on SSDI or other programs that the taxpayers pay for.
What do we expect.
They shut factories down and ship the machinery to China where they have people produce the same goods on wages of $1 a day.
They then ship the goods back and sell them in the shops.
And still people attack the Unemployed.
Banks steal peoples houses and when the people are homeless they are seen as the scum.
The homeless and the unemployed are looked down on by society.
But society allowed this to happen to them. they had no control in their downfall.
When people in work stick up for the unemployed instead of seeing them as dirt then we will have turned the corner.
reply to post by pavmas
I sure try not to buy imported goods but most of the time there isn't a choice. Is there a vehicle with all parts still made in the US? Is there a toy or piece of clothing that is affordable - made in the US? Even our military supplies and equipment are made oversees. We don't have a choice most of the time.
What we need are more people starting up American made conpanies and making their products affordable. If that means employee's make less that's what it means (people will fill the positions). I know my son has a plan for an American made product when he grows up. He's passionate about implenting his idea too. If they make them and make them reasonably priced, people will buy them.
reply to post by ChesterJohn
I remember seeing pictures of the Great Depression in history books. The soup lines were very long and looked really miserable. There was no welfare, no unemployment, and no food stamps during the Great Depression.
Now imagine how long those lines would be today without govt assistance! Pretty scary how long those lines would be today with population growth. 1/3 of the country was unemployed then too.
PS..I read some where that the only banks that survived the GD were the ones in the Federal Reserve system. Go figure!edit on 10-1-2014 by sasquatch5100 because: (no reason given)