Jobless Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read

I think it was only last year sometime I got into an argument with someone  we thought was a friend. The superficial reason was my stance on Anzac day and the fact that I thought that it was a day hijacked by our ruling elite to keep New Zealand in the noble wars lie.

But really it was because for the last year before that I had been confronting him with the unsettling images of a total economic collapse of the countries he identified most with: the Anglo-Saxon empire and even more disturbing, the events of 911 which had been the starting point for all of the wars and the unravelling of all he was let to believe about his beloved white Anglo-Saxon culture.

I wonder if he ever come to this site much these days and I wonder what he thinks of the news he sees on the telly at night and if he ever compares the two.

Well whether he does or not here is some more information about the economic collapse of the working and middle class of the US of A as the rich get richer with more tax cuts and their greed and blood lust shows no signs of abating.

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Guess what?  Unemployment is up again!  That’s right – even though Wall Street is swimming in cash and the Obama administration is declaring that “the recession is over”, the U.S. unemployment rate has gone even higher.  So are you enjoying the jobless recovery?  The truth is that there should not be any talk of a “recovery” as long as the “official” unemployment rate remains at around 10 percent and the “real” unemployment continues to hover around 17 percent.  There are millions and millions of American families that are living every day in deep pain because of the lack of jobs.  Meanwhile, there are all of these economic pundits that are declaring that we are just going to have to realize that chronic unemployment is the “new normal” and that if other nations can handle high rates of unemployment then so can we.  The most optimistic economists are projecting that we can perhaps get the unemployment rate down to around 8 percent by 2012.  On the other hand, there are many economists that are convinced that things are going to get even worse.

If you have never been unemployed, it can be hard to describe how soul-crushing it can be.  As the bills pile up and the financial obligations mount, the pressure can be debilitating.  Being unemployed for an extended period of time can easily plunge you into depression and grind your self-worth away to almost nothing.  After getting rejected dozens of times (or even hundreds of times), many Americans simply give up.  There are countless marriages and countless families that are being ripped to shreds by financial pressure even as you read this.  When the money is gone and there is no job in sight it can be a really, really empty feeling.

Of course there is a whole lot more to life than money, but it can be difficult to tell that to someone who can barely sleep at night because of the intense pressure to find a job.

The vast majority of Americans have at least one family member or close friend that is looking for work right now.  Times are really, really tough and unfortunately the long-term outlook is very bleak.  We should have compassion on those who are out of work right now, because soon many of us may join them.

The following are 25 unemployment statistics that are almost too depressing to read….

#1 According to the Bureau of Labor Statistics, the U.S. unemployment rate for November was 9.8 percent.  This was up from 9.6 percent in October, and it continues a trend of depressingly high unemployment rates.  The official unemployment number has been at 9.5 percent or higher for well over a year at this point.

#2 In November 2006, the “official” U.S. unemployment rate was just 4.5 percent.

#3 Most economists had been expecting the U.S. economy to add about 150,000 jobs in November.  Instead, it only added 39,000.

#4 In the United States today, there are over 15 million people who are “officially” considered to be unemployed for statistical purposes.  But everyone knows that the “real” number is even much larger than that.

#5 As 2007 began, there were just over 1 million Americans that had been unemployed for half a year or longer.  Today, there are over 6 million Americans that have been unemployed for half a year or longer.

#6 The number of “persons not in the labor force” in the United States recently set another new all-time record.

#7 It now takes the average unemployed American over 33 weeks to find a job.

#8 When you throw in “discouraged workers” and “underemployed workers”, the “real” unemployment rate in the state of California is actually about 22 percent.

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