Five scary charts and facts about who’s working and not working in this economy

reply to post by Phage


My unemployment insurance rate goes up every time someone files an unemployment claim against me, regardless if the claim is approved. I have had 13 people try to claim, Zero have qualified, yet my rate has gone up to the maximum. It's a messed up system. Even when I win, I lose..............

reply to post by pavil


In addition to just unemployment you have a massive growth of people claiming Social Security Disability. With a good lawyer, it seems not too hard to get for quite a few people. They know how to work the system, that's for sure.

Originally posted by neo96

We are screwed if something doesn't change and real jobs start getting created full time jobs not increasing the wages for 'part time' work that will have the effect of more people out of work because business cuts cost anyway they can.

Business can cut all the labor costs they want, and when they've completely eliminated their own market as a result, they can collapse. Double digit quarterly profits were never supposed to be the new normal for Wall St, but this is what's demanded of companies that are publicly traded, and the net result is that they are all trading their futures to survive from quarter to quarter.

There's no actual viable market that can replace the US market, no matter what some think tank suggests about the future of China and India. Their version of a middle class isn't capable of supporting the market needs of 1/4 of the corporations that will be vying for that business and never will be capable of supporting those needs. Europe is much too small and culturally fragmented, and the rest of the planet is basically 3rd world (and business will work to keep it that way)

The mantra has been efficiency and leanness for much too long, with no focus on maintaining the health and viability of the most important player in the whole supply and demand game - the buying market. We've allowed enormous corporations to devastate local and regional small business as if it's entertaining to watch cutting edge manufacturing and retailing business models lay waste to those companies that were never going to have the investment power to reconfigure fast enough to survive. We've allowed Wall St to hire Physics PhDs to invent investment products that are too complicated to regulate, with billions siphoned out of our economy monthly without a trace as a result. Sure, it's all legal, but that's because no one can understand what the hell is going on, and the guts of these products are protected by proprietary information laws.

You're right. If this continues, there will be a crash. And if that crash does come, at least 1 million people will know exactly who to turn on for vengeance. It won't be Obama. It won't be welfare recipients. It won't be college kids. It won't be Liberals. It'll be bankers, brokers, large corporation business executives, hedge fund managers, GOP activists, lobbyists, and (most likely in the earliest days of it all) those loud mouths who've been defending those j@ck@sses to the rest of us and blaming us for our own inability to survive this relentless and intentional elimination of an even break over the last 10 years or more.

Those angry jerk who vacillate between laughing at us and spitting at us whenever we complain about how impossible it is for the average US citizen to believe that there's any future left for anyone who's not already on the inside of whatever the hell this is that the big business community has been building around itself for years now. Those people will be the first to take the hit because they'll be the most readily available, and they'll be the ones who discover that there's no room on that "inside" for them either.

Of course, if a crash does come, then it won't be long before that "inside" is ripped wide open anyway. This is the United States of America. No society has ever been as universally violent and malignantly self-entitled as this society is. And there's not enough money on Earth to keep the worst of this society out of your home, away from your family, if you've been tagged as having contributed to its economic collapse.

Hell, I'd much rather be part of the mob on this one. The rich and their idiotic apologists will be easy to find, easy to identify, and perfectly positioned to take the blame for all of it.

Yeah, someone better do something, but the truth is that since the rich and powerful run this show, they're going to be the only ones who can do anything. If they don't, then it's on them, and God help........God won't be able to help anyone if this crashes.

Originally posted by pavil
reply to post by pavil

 

In addition to just unemployment you have a massive growth of people claiming Social Security Disability. With a good lawyer, it seems not too hard to get for quite a few people. They know how to work the system, that's for sure.

The outer half of my spinal column was taken out in November of 2011, and I still can't get SSDI, so I don't know who you're referring to. Hell, I'm absolutely unemployable - due to just the fact that no WC insurance policy will allow an employer to hire me due to the damage to my spinal structure. Still, I've been rejected twice with the statement that because I can still move, I can still work. You can claim whatever you want to, but I'm living the SSDI nightmare. They're tighter than a gnats balls stretched over a bushel basket at the Social Security office. I don't care what anyone says.

Industries that seem to fare well in recessions:

- Medical
- energy
- service


Learn to work in one of the above. Where I live, all three are on fire. There just isn't enough of any to meet demand. And it is getting worse. I would LOVE for some of you jobless Americans to look into moving to West Texas to use your medical licenses, hard work, or service experience. It is badly needed here...

...the downside is, so is housing.

Originally posted by NorEaster
The outer half of my spinal column was taken out in November of 2011, and I still can't get SSDI, so I don't know who you're referring to. Hell, I'm absolutely unemployable - due to just the fact that no WC insurance policy will allow an employer to hire me due to the damage to my spinal structure. Still, I've been rejected twice with the statement that because I can still move, I can still work. You can claim whatever you want to, but I'm living the SSDI nightmare. They're tighter than a gnats balls stretched over a bushel basket at the Social Security office. I don't care what anyone says.

Sorry to hear of your problems. I have seen DOZENS of people with far lesser injuries get their SSDI. You pretty much have to use a lawyer who specializes in that field and they will take 20% of your initial payout, but they are pretty darn good at getting it for you. Definitely not a "do-it yourself" field. Get a good lawyer, it will cost, but it will be worth it. Sometimes it takes a long time, but you get back SSDI from the time of injury. Sadly, a lot of the people I encounter with SSDI are under 30.

It's a growing issue:

The federal government spends more money each year on cash payments for disabled former workers than it spends on food stamps and welfare combined.

apps.npr.org...

reply to post by NorEaster



The problem with you is likely your lifespan. They expect you to live long enough that it will cost more than their model allows for.