Monday, May 9, 2011

America Faces Massive Unemployment

As Americans attempt to bounce back from a recession, things still remain grim for much of the country, as the number of unemployment benefit applicants is at the highest it's been in quite a while. Michael T Snyder of The Economic Collapse Blog discusses the state of the economy, as big businesses reap in more profits, all the while the amount of Americans on food stamps is at an all time high.

It has been said that the definition of insanity is doing the same thing over and over and expecting different results. Unfortunately, millions of Americans find themselves slowly going insane as they apply for hundreds upon hundreds of jobs and yet never get hired. It is incredibly difficult to get a good job in most areas of the United States today. So if you are unemployed, and there are no jobs in your area, should you move somewhere else in an attempt to find work? That is a very hard question. Of course if what you are currently doing right now is not working it is only natural to want to change course, but sadly unemployment is absolutely rampant all over the United States. Today, the "official" unemployment rate is hovering around 9 percent, but the true employment picture is much bleaker than that. There are millions and millions of unemployed Americans that are so discouraged and have given up looking for a job for so long that the U.S. government does not even consider them "part of the labor force" any longer. If they were included in the "official" figure, the true unemployment rate would be well into double figures. In addition, there are millions upon millions of Americans that are working part-time jobs or very low paying jobs because that is all they can get. Those millions of "underemployed" Americans would jump at the chance to get a "good job" if that opportunity was available. Low income jobs now make up 41% of all the jobs in the United States.-If You Are Unemployed, Should You Move Somewhere Else In Order To Find A Job?

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