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How do we honor the unemployed this year? Do we give them the day off? Tell them job well done. Maybe we can give them an extra days pay on thier unemployment check. My full time job for the last 2 years has been a part time job. I can't afford to go to work and i sure in the hell can't afford to quit it
At age 25, Kasondra Clanton is a mom, a grad student, and, most worrisome to her at the moment, unemployed. Until recently, she worked as a drug counselor in Mississippi's Noxubee County School District. But local officials decided not to renew her three-year contract amid a paucity of public funding. Now she and her boyfriend, Andron Harris, are struggling to make a better life for themselves and their 18-month-old daughter, Heaven. The main problem for both: an unforgiving job market. Mr. Harris is employed. He slings boxes at a local warehouse for $9.82 an hour. But he says he has little hope for a raise or promotions. As a result, he has been looking for months for a better job applying for more than 50 so far and has gone back to school to learn to be an electrician.
Ms. Clanton, for her part, is working on a master's degree in psychology. But both have discovered how hard it can be to find new work with or without burnished academic credentials in a state with a 10.4 percent jobless rate. "Everywhere I go, they say I'm overqualified," says the young mother at the Leigh Mall in Columbus, Miss. While she chats, Harris shifts the baby from one hip to the other and skims e-mails on his phone, one of which relays a familiar message: latest job application rejected. "It makes me sad," Clanton goes on. "People say, 'Go to school and you'll get a job.' There's no guarantee you'll get a job."
He's looking. She's looking. Nearly 14 million other Americans who are out of work are looking. All this even though the nation officially exited recession more than two years ago. With the exception of August, the economy generally has been adding at least some new jobs each month, so it's not entirely accurate to call this a "jobless recovery," a name that's been used for tepid job markets after the two most recent recessions, those ending in 1991 and 2001. But it could be that the slow recovery symbolizes something just as troubling: a "less jobs economy," one with a set of deeper challenges that may mean it will be years before the United States gets back to anything near full employment.
Certainly the current moment differs sharply from past recoveries from recession since World War II. It's different in its depth, with 6 percent of all US jobs disappearing. It's different in its duration, with the nation still nowhere near regaining those lost jobs two years later. And the question of what's wrong is all the more important now because of new worries that the US is close to tipping back into recession. That could be particularly debilitating given the high level of unemployment and concerns that policymakers have already used much of their available ammunition in efforts to revive growth. So what's going on?
MORE
Granny says is cause the gubmint makes it too hard to start up a business...
Unemployment, Inc.: Six reasons why America can't create jobs
September 2, 2011 - UPDATE: No net growth in new jobs in August kept the US unemployment rate at 9.1 percent. Six reasons the country is struggling to put people to work and why it may not last.
At age 25, Kasondra Clanton is a mom, a grad student, and, most worrisome to her at the moment, unemployed. Until recently, she worked as a drug counselor in Mississippi's Noxubee County School District. But local officials decided not to renew her three-year contract amid a paucity of public funding. Now she and her boyfriend, Andron Harris, are struggling to make a better life for themselves and their 18-month-old daughter, Heaven. The main problem for both: an unforgiving job market. Mr. Harris is employed. He slings boxes at a local warehouse for $9.82 an hour. But he says he has little hope for a raise or promotions. As a result, he has been looking for months for a better job applying for more than 50 so far and has gone back to school to learn to be an electrician.
Ms. Clanton, for her part, is working on a master's degree in psychology. But both have discovered how hard it can be to find new work with or without burnished academic credentials in a state with a 10.4 percent jobless rate. "Everywhere I go, they say I'm overqualified," says the young mother at the Leigh Mall in Columbus, Miss. While she chats, Harris shifts the baby from one hip to the other and skims e-mails on his phone, one of which relays a familiar message: latest job application rejected. "It makes me sad," Clanton goes on. "People say, 'Go to school and you'll get a job.' There's no guarantee you'll get a job."
He's looking. She's looking. Nearly 14 million other Americans who are out of work are looking. All this even though the nation officially exited recession more than two years ago. With the exception of August, the economy generally has been adding at least some new jobs each month, so it's not entirely accurate to call this a "jobless recovery," a name that's been used for tepid job markets after the two most recent recessions, those ending in 1991 and 2001. But it could be that the slow recovery symbolizes something just as troubling: a "less jobs economy," one with a set of deeper challenges that may mean it will be years before the United States gets back to anything near full employment.
Certainly the current moment differs sharply from past recoveries from recession since World War II. It's different in its depth, with 6 percent of all US jobs disappearing. It's different in its duration, with the nation still nowhere near regaining those lost jobs two years later. And the question of what's wrong is all the more important now because of new worries that the US is close to tipping back into recession. That could be particularly debilitating given the high level of unemployment and concerns that policymakers have already used much of their available ammunition in efforts to revive growth. So what's going on?
MORE
The total cost for Obamas stimulus will reach $821 billion per the Congressional Budget Office, plus at least $347 billion in interest for a grand total of $1,168,000,000,000.00
I just finished purchasing The Obama Clock for my iphone:
Obama Clock App Rank Graphs -- TopAppCharts.com
The total cost for Obamas stimulus will reach $821 billion per the Congressional Budget Office, plus at least $347 billion in interest for a grand total of $1,168,000,000,000.00
And now Liberals in their own Words admit that the Effect from that spending has worn off. Basically admitting that Government spending can not, and does not buy Long term Growth. All it does is Buy a short term blip in GDP, and more Debt Problems.
Yet on Thursday Obama will call for another round of Stimulus spending. Knowing full well it is not a long term solution, simply because he hopes the small Blip in GDP we get from it will coincide with next years election.
I just finished purchasing The Obama Clock for my iphone:
Obama Clock App Rank Graphs -- TopAppCharts.com
The Real Costs of Papa Obama's Failed Pork Bill or Happy Labor Day !
t/p Moonbattery
Zero: The number of new jobs added in the month of August
9.1%: The [official] unemployment rate for the month of August From March 2009 (the month after the failed $1.2 trillion stimulus was signed) through August 2011, unemployment has averaged 9.4 percent. Prior to President Obama taking office, unemployment had not been above 9 percent in 28 years.
31: The number of consecutive months the unemployment rate has been at or above 8 percent the level the president said unemployment would never reach if the stimulus was approved.
13,967,000: The number of unemployed Americans looking for work in the month of August, an increase of 36,000
2,431,000: The number of net jobs the economy has shed from February 2009 when the Democrats stimulus was signed into law through August 2011.
45,183,931: The number of Americans receiving food stamps as of June 2011, only the second month in history with more than 45 million food stamp recipients. Today, 14.5 percent of Americans receive food stamps, an increase of 40 percent since President Obama took office.
The total cost for Obamas stimulus will reach $821 billion per the Congressional Budget Office, plus at least $347 billion in interest for a grand total of $1,168,000,000,000.00
The total cost for Obamas stimulus will reach $821 billion per the Congressional Budget Office, plus at least $347 billion in interest for a grand total of $1,168,000,000,000.00
And now Liberals in their own Words admit that the Effect from that spending has worn off. Basically admitting that Government spending can not, and does not buy Long term Growth. All it does is Buy a short term blip in GDP, and more Debt Problems.
Yet on Thursday Obama will call for another round of Stimulus spending. Knowing full well it is not a long term solution, simply because he hopes the small Blip in GDP we get from it will coincide with next years election.
are you talking compounded interest ?
what are your figures, exactly?
Well actually according to the article it was from CBO
your time span may be too short
Here this is from a liberal news source
NEW YORK (CNNMoney.com) -- The long-term cost of the $825 billion economic recovery package before Congress could rise to $1.2 trillion over 10 years, a top budget official said Tuesday.
That's because the government will borrow to fund the plan and pay an estimated $347 billion in interest, Congressional Budget Office Director Douglas Elmendorf told the House Budget Committee on Tuesday.
