10 votes

Forget discouraged, 3 million workers hopelessly unemployed

Employers may be hiring, but there's another big problem with the job market that isn't being tracked as closely: the hopelessly unemployed.

An often overlooked number calculated by the Labor Department shows millions of Americans want a job but haven't searched for one in at least a year. They've simply given up hope.

They're not counted as part of the labor force, the official unemployment rate, or the category the Labor Department refers to as "discouraged workers" -- those who haven't bothered to look for work in the last four weeks.

These hopelessly unemployed workers have just been jobless so long, they've fallen off the main government measures altogether.

"The way we're measuring the long-term unemployed has a lot of holes in it," said Stephen Bronars, senior economist for Welch Consulting. "A person can be discouraged for a while, but then gets bumped over into this other category."

http://money.cnn.com/2013/01/04/news/economy/hopelessly-unem...




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Im one of them. FML

Im one of them. FML

23

and the sheeple watch CNBC....

...and they hear the hourly stock market report...and they hear unemployment is at 7.8% and headed to 6% through the Fed's bond buying program...they are just being fed that everything is fine, and we're in a cycle, and....well....it's just fine............

The government is the proud

The government is the proud owner of many bubbles which they fund.
Each of these sectors of industry (school (FAFSA), medicine (Medicare...), business (TARP), banks, etc are all on the life support of government funding via fiat currencies. The more "non-backed" funding or tax incentives they receive the more they begin to rely on 'fake economy'. When that spending drys up, the bubble pops. Its like your little brother stealing money from the Monopoly bank when you aren't looking. Eventually, the bank runs out of money.

Southern Agrarian

Just my family

My husband is an RN, he has full time employment making a barely living wage - and we live frugally. He drives 100 miles one way to get to work.
I was forced into early retirement years ago, tried to start several business but was hamstrung over and over by government regulations. Now I am trying to get the farm running, but it makes no income at all. It does not even provide any food yet, except eggs and chickens. I do not count as "unemployed."
My daughter is an attorney, about 6 years on the job now and was forced to cut back to 4 days a week. She is still considered "full time employed."
My son is an LPN who has not had a real job in years. He hung on to a job for the last couple years as a home health aide, he had one client and the agency could not get him any more clients in this area. It got to where he was making about 5 bucks for going to work, and when his car died there was no money to fix it. He is now unemployed, trying to help get the farm going. He is not counted, as he does not bother to apply for unemployment, the last few years he made so little that it would not cover his gas to go down and apply even if approved.
My daughter-in-law to be is on probation. Full time employment is a condition of her probation. :) No problem!

Now. lets take this one step further...
My husband is in healthcare. That entire corporation runs on Medicare and Medicaid. There is the occasional private insurance, but take away "entitlements" and ALL of healthcare employment takes a mighty hit.
My daughter works for the State, most of her clients are on Welfare or destitute. Take away entitlements and her job probably goes away.
Our entire economy is one or two handshakes from an "entitlement check" at this point. Even the legitimate entrepreneur is probably selling his wares mostly to people who are getting some kind of government paycheck or assistance.

How you gonna keep 'em down on the farm? Starve them if they go anywhere else, I guess.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

Interesting Subject

This all depends on the definition of the term 'employed'. I've seen many statistics where employment has been extended to include such categories as part time, tempory and casual labor as full employment, also exclusions of groups such as school leavers, welfare reciprients, single parents etc.
The truth is this problem of unemployment reflects the inability of the private sector to provide anyrhing like full employment, and is one of the major issues, if not the major issue facing the domestic economy.

Did you know that currently there are, 11 states where private sector workers are outnumbered by people who are dependent on the government.
Interesting to note also, that of these 11 states, 7 went to the Dems in the recent election{?).

This whole subject needs a lot of attention, and a loud voice as the trend toward failing small business and industry is precisely what got us here in the first place.

Globalization is an insidious disease, and the ramifications are endless.

"Hell is empty, and all the devils are here" (Shakespeare)
RP 2012~ Intellectual Revolution.

Government is not going to help.

My advice get off your ass and produce something.

Free includes debt-free!

This is great advice...there are freedom of conscience issues...

involved here, though. Some folks' conscience will not allow them to (1) accept government assistance, (2) or pay in to a corrupt system that is stealing our liberties right and left any longer. So they work 'off the grid', which our government makes hellishly difficult.

But that man should play the tyrant over God, and find Him a better man than himself, is astonishing drama indeed!~~D. Sayers
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

www.dailypaul.com/280083/jesus-christ-vic

I'll have you know that most of those people.

who can't find a jobs are homeless Vets. The ones who've only been trained to kill and nothing else and like any typical American you could care less about the veterans who served this country.

They took a job serving empire, they got paid well.

They chose poorly. I never supported these wars, I never voted for anyone who supported these wars. There has been little or no popular support for these 60 years of undeclared wars.

In 2000 neither candidate received the vote of more than 25.17% of eligible citizens. http://www.census.gov/prod/2002pubs/p20-542.pdf

The famous Reagan Landslide was 31% of eligible voters. Clearly we don't live in a Democracy.

In and democratic republic officials who break their oath of office are tried for treason and hung.

Whatever a politicians popularity, the noose awaits oath breakers in a Democratic Republic.

Free includes debt-free!

Not Good

Not good at all. These people are going to get themselves into trouble and/or get others into trouble.

Jobs are needed even asap. The numbers are getting totally out of whack. Factories, even fundamental ones are needed.

This non-producing import driven economic model is defunct. Heck, I don't care if it means making wooden spoons lol

Not to mention the Labor Dept. needs to be abolished.

donvino