20 Million + Collected Unemployment...

[mal]

My Way News - 20 million-plus collect unemployment checks in '09

Yep... Got it.

Is it the Worst ever?... How does it Compare to the Worst of the Carter/Reagan Misery/Recession of 1978 to 1983?....

You know... Populations Increasing in Number and all...



peace...

 

[Baruch Menachem]

I got mine. 325 per week

 

[asaratis]

Notice: Data not available: U.S. Bureau of Labor Statistics

A study of the jobless rate is more appropriate than the number of yearly payments. It's been higher than now several times. Think back what was happening around those high spots. Set the begin date on 1955 and see how it fluctuates.

I expect the jobless rate to set another record in the next few years. Obama is creating nothing but government jobs...and they don't produce goods and services that count positively in the efforts to create new private sector jobs...just more drain on the treasury. Obama is unionizing the United States. (After all, he is an accomplished community organizer.)


Reagan's methods took unemployment from the tens to the fives. Obama's methods will take us from the tens to the teens.

RONALD REAGAN ERA - a tribute - by MWHodges

Enter the REAGAN ERA - - 1980-88. Dramatic results were realized as major negative trends were slowed or reversed. This was good news for some, and bad news for others. Good for family incomes and the productive private sector, but bad for pro-big government knows-best people and social planners. This was good news for citizens concerning their security and national pride, but bad news for those who would bury us - - from minor terrorists, to terrorist nations (Iran, Libya) to major nuclear threats with a Latin America flank plan underway from our south (Soviet Union).

 

[Joe Steel]

Notice: Data not available: U.S. Bureau of Labor Statistics

A study of the jobless rate is more appropriate than the number of yearly payments.

No it isn't.

Jobless benefits are the kind of contra-cyclical spending which mitigates recessions. This article says the portion of unemployed who received benefits was greater in the Reagan recession of '81 - '82. That's interesting. I would have expected the portion to be the same or greater now. The lower level is evidence of conservative bungling of economic policy.

 

[California Girl]

It would cut out the middle man if all those of us who earn could just buddy up with an unemployed person and hand them the cash directly. Just sayin'.

 

[editec]

"Fewer people are getting fired, but nobody is finding a job," said Dan Greenhaus, chief economic strategist at Miller Tabak.

Yes, it's worse.

And worse than that, it's going to stay worse longer, too.

We've eliminated a lot of different kinds of jobs since Reagan was in office.

And a whole lot of jobs that would have been created, are now offshore, as well.

We have a systematic problem stemming from our decision to allow low skill jobs to go offshore.

What's more, we're not really doing anything about this problem.

Too many of us are still convinced that as long as we're secure in our positions, what happens to tens of millions of less skilled Americans, whose jobs (or potential for future jobs) have gone offshore, won't matter to us at all.

It's as though we don't understand the relationship between our quality of life, and the economies of our neighbors, anymore.

If you have a job, but your neighbors don't: you're going to be expected to pay their share of local taxes; you're going to have to live with the fallout of what happens when their families fall apart; you're going to have to deal with those angry young kids who have no hope and are running rampant in the streets.

We cannot build and support enough prisons to deal with the fallout of these stupid policies, folks.

Such hopelessness leads to anger and that anger leads to bad things for society in general.