Friday, September 4th, 2009

Nearly 1 Out of 6 American Workers Now Not Working

LET'S ROLLWhat is possibly to say? Shit is so broken. The official jobless rate is now 9.7%, which means it is conservatively 17%. Coupled with the massive surge in stock market profit-taking income among the wealthy over the last eight months, this country is being more, not less, divided into rich and poor during this "oh it's almost over yeah right" bullshit recession. I hate to get all Worker's Weekly on you, but this is disastrous, and I am not sure we will ever recover without, you know, pitchforks and torches and the seizing of the property of the entrenched inbred rich.

22 Comments / Post A Comment

Rod T (#33)

Most of my friends that are still unemployed are by choice. They took the summer off and had money put away to get through the time. Now that it's fall it will be interesting to see their Facebook statuses slowly move from "is enjoying another sunny day in The Pines" to "just had rice and beans for dinner for the third day in a row" to "finally has a job for 30% less than he was making and not at all in his industry".

My favorite part is how the productivity figures are always concurrent with the unemployment figures. What it essentially tells you is that employers are making money again, but too nervous to hire just yet and sort of waiting it out to see if their staff can continue at this level. Then someone will have the genius idea that "if we bring in someone else, they could also work at this level of productivity but lets bring them in for less since the job market is to our advantage". AND THIS IS WHY WORK IS KILLING US ALL!

The productivity rate has well outstripped the increase in income for workers for a few decades. To compensate for this, Greenspan encouraged the housing bubble. What we need is to get back to some meaningful increase in wages. Fordism worked, and it will work again!

Abe Sauer (#148)

Agreed in theory; but it is very unlikely we can "return" to a time when unskilled labor was paid so handsomely (in part because energy was CHEEEAAAAP). This is especially true if we don't make things anymore. Unions are dead. What is the engine for meaningful wage increases for most people? "Green-collar" jobs? We as a nation will be much better served overall in the long run by changing our expectations and living styles (see: GASP Europeans) than in trying to come up with hair-brained schemes in an attempt to return to $42/hour jobs for high-school dropouts.

Rod T (#33)

1. Levi Johnston is beating the $42/hr. rate.
2. Yay for Rod, the last Ops Manager in manufacturing!
3. I read "Unicorns are dead". And I might as well have.

Abe Sauer (#148)

Well, not s much that unicorns are dead as much as we were fooled into believing they ever existed to begin with… like 1999 stock options!

And we'll see, Levi's beating the $42/hour rate now, but so's a hooker after a 15 tug job. It's all about maintaining that income over 3 decades….

KarenUhOh (#19)

On top of the jobless rate, reportedly 15% of the work force is "underemployed"–i.e., either lower hours and/or wages.

The good news: women will soon achieve not merely equality but superiority, in that they will constitute the majority of Working Americans. And women, you know, earn 77% of the wages of men.

I think the adjustment that really needs making here is we just learn to enjoy poverty and reduced standard of living (i.e., scurvy, rodents and roaches). And leave those poor rich people be.

HiredGoons (#603)

Government Issued Weed would serve to placate the unemployed masses and simultaneously stimulate the snack food and video game economic sectors.

Someone who visited Cuba told me that government-run free beer stands opened in the afternoons. Now that's civilized.

Abe Sauer (#148)

Willkommen in Deutschland!

WindowSeat (#180)

After twenty-odd years of self-employment I went to work for a Dining Services Corporation. I just opened my second paycheck and fifteen hours of overtime from one week were moved to a previous week where I worked twenty hours so management could stay in their bullshit labor budget.

I'm Supervising a cash operation on a University campus, with eight employees.I had a conversation with the Executive Chef last night and she said "If it weren't for the economy, you would be working anywhere you wanted to." I'm making roughly what I made when I was a teenager. I'm sharpening my pitchfork.

HiredGoons (#603)

I found this wonderful pitchfork at Bergdorf Goodman. It's sterling silver, with an ebony shaft and carved Water Buffalo bone handle.

WindowSeat (#180)

I picked mine up at the Smith&Hawken Going Out of Business Sale! *sad trombone effect*

Kataphraktos (#226)

*Ahem* this is extremely illegal and you could earn oodles of money suing the living shit out of them. Get evidence that they did this and speak to a lawyer.

WindowSeat (#180)

I'll give them a chance to rectify the situation, but the Attorney is next up in the batting roster. (emailed her last night).

Adjusting for inflation I am making less now than I did in college. However I had three part time jobs and would never work my ass off like that again in my lifetime.

Baboleen (#1,430)

I live in Mass. and the people I've talked lately who hire in the mid-priced range restaurant/hospitality industry (granted, I've only talked to 2 lately) say that they are not hiring americans. They say their american employee's recent history has been all about working in-between texting and talking to friends on the phone. The american hirees are also complaining about how difficult the work is physically (most of them are young and, I guess, haven't yet felt the pinch of mom and dad saying the word "no.") Look, when we STILL can't get young americans to work in the labor industries, we've blown it.

Baboleen (#1,430)

I've also got personal experience. My son who had no car, and was starting college in the fall was telling me that he refused to work in a restaurant because of what it might do to his skin!! He was having non of hearing about my bottom-feeder job history at his age. I was begining to feel like my father when he would tell us that he walked five miles back and forth to school every day. He finally relented and took a job at a deli counter.

WellThen (#1,251)

Don't feel so bad. If Ben Stein is right the rich folk are a dying breed anyhow. We'll just wait the poor doomed bastards out.

But if they're like Leona Helmsley, they'll leave all their money to the animals. I, for one, welcome… etc., etc.

HiredGoons (#603)

So really, PETA is a puppet of the shadow government.

missdelite (#625)

Think Geriatrics: Wiping Boomers' ass may be the way to go.

Baboleen (#1,430)

Poor Boomer.

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