News Economy Sucks More than ever!

Discussion in 'The Howard Stern Show' started by sternadamsapple, Jun 8, 2016.

  1. sternadamsapple

    sternadamsapple Well-Known Member

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    Some 59 percent of those who have been out of work for two years or more say they have stopped looking, the Harris Poll of unemployed Americans showed. Overall, 43 percent of the jobless said they have given up, according to the poll released in conjunction with Express Employment Professionals, a job placement service.

    "This is a tale of two economies," Express CEO Bob Funk said in a statement. "It's frightening to see this many people who could work say they have given up."

    The results come just a few days after a government report showed that the unemployment rate fell to 4.7 percent in May, but the drop came primarily because of a sharp decline in the labor force participation rate. The number of people of all ages whom the government considers "not in the labor force" swelled by 664,000 to a record 94.7 million Americans, according to Labor Department data.




    http://www.cnbc.com/2016/06/08/us-u...ebook|economy|link|060816|3PM|quit-job-search
     
  2. XuXu

    XuXu Well-Known Member DawgShed News

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    So, what do you suppose all these people are doing for money? You don't give up unless you can. You guys repeatedly reference these people as examples of how bad things really are, but you never try to break that number down into reality. People decide to retire early. Families decide to have one parent stay home. Lots of reasons people would stop looking for work.
     
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  3. Rockside7

    Rockside7 VIP Extreme Gold

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    Obama should give all these people jobs.

    He's such an asshole for not hiring these people.
     
  4. Calloused Shins

    Calloused Shins Well-Known Member

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    Thanks Obama.
     
  5. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    Most of em are working off the books, so of course they gave up on looking.
     
  6. RH Goatcabin

    RH Goatcabin Unknown Member VIP

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    Bush is Hitler.
     
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  7. Rockside7

    Rockside7 VIP Extreme Gold

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    He is?

    Since when?

    I thought Hitler killed himself after his failed effort at world domination.

    What do you know that we don't?

    I mean, are we talking reincarnation or, anthropomorphic deity?
     
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  8. Black Sabbath

    Black Sabbath Nothing to prove

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  9. O Face

    O Face VIP Extreme Gold

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    • 66 percent say they don't apply for minimum-wage jobs because the pay is too low.
     
  10. somedude61

    somedude61 Well-Known Member

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    Yeah, that is the truth. A lot of folks would have to leave the comfort of public assistance if they got a minimum wage job. And they would have to actually work. Lazy fucks.
     
  11. artiesoffspring

    artiesoffspring Hugs and kisses

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    I hope your bra breaks down and your tits punch me in the mouth.
     
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  12. knuckle_hedd

    knuckle_hedd loving life!

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    You silver tongued devil you..
     
  13. Shithead

    Shithead Well-Known Member

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    Bill Clinton was right in 1992, when his presidential rallying cry was short and effective: “It’s the economy, stupid.”
    He’s still right in 2016, even though now it’s not George H.W. Bush in office — it’s a Democrat.
    Consider that the United States now has 144.592 million jobs, according to the most recent data from the Labor Department. That’s 5.9 million more jobs than we had in 2008, which sounds great, except that means the US has produced less than 1 million jobs a year over the last eight years — when the country needs about 1.8 million jobs a year just to employ all the newbies graduating college and high school.

    Meanwhile, the US population has increased by 18 million since 2008. Not all of them were working age, of course, but that population growth also caused a strain on a labor market that wasn’t producing enough jobs.
    Don’t believe the fiction that the unemployment rate, which dipped to 4.7 percent in May after the economy added a meager 38,000 jobs (when economists were projecting 160,000), is any proper indicator of the health of the US labor force.
    People are considered employed these days if they work only one hour a month. And millions of completely discouraged unemployed — meaning they haven’t looked for a job in a year — have simply fallen off the Labor Department’s radar.
    If you include these discouraged workers among the unemployed, the jobless rate jumps to 23 percent, according to statistics put together by Walter J. Williams, who runs ShadowStats.com and makes a living punching holes in government data.
    No wonder the annual real median household income is down about 6 percent during the Obama years, to a 10-year low, according to ShadowStats.com.
    The number of Americans who have dropped out of the workforce since President Obama was sworn in has jumped by 14,179,000, or 15 percent. The labor-participation rate is at its lowest point in four decades.

    The lack of job production and relative stagnant wages sure can create a lot of unrest across the country. And there are plenty of other money issues on people’s minds these days, like:
    • Food-stamp usage has skyrocketed in the Obama years.
    • Health-care costs are jumping despite ObamaCare.
    •  Student-loan debt has soared nearly 70 percent, to $1.2 trillion, since early 2009.
    • The federal debt stands at more than $19 trillion even though annual deficits have come down. That means neither Democrats nor Republicans can do much to change things when it comes to economic stimulus.
    This is an opportunity for Donald Trump and a problem for Hillary Clinton.
    Clinton’s burden is that, like it or not, she will be running on Obama’s economic record.
    She’s the insider in this presidential election.
    And as Obama is the first president in US history not to have the economy post a 3 percent or greater growth rate in Gross Domestic Product, that’s a place a candidate doesn’t really want to be.
    Modal Trigger[​IMG]
    James CarvillePhoto: AP

    Back when Bill Clinton got his eureka moment about the economy — thanks to advice from strategist James Carville — he was an underdog and an outsider running against a privileged President George H.W. Bush, who incidentally was much more popular at the time than Obama is now.
    Incumbent administrations always are blind to what’s really going on in an economy. They believe what they want to believe and that’s what happened to old man Bush back in 1992.
    Bush kept saying naive things about the strength of the economy and got blindsided by whippersnapper Bill.
    In the current economy, the odds are good that even some folks who have a job aren’t happy — as many of the 6 million new positions aren’t well paying and don’t have benefits.
    Plus, a great deal of those jobs are in the health-care industry and could be the direct result of ObamaCare.
    If the Affordable Care Act — ObamaCare — continues to be unaffordable to the middle class and insurers, a lot of those new jobs could disappear. If health-care costs continue to rise, there could be massive layoffs in that industry.
    In an exclusive interview with me recently, Trump estimated that the unemployment rate was really closer to 20 percent. Many people feel the same way — that the “official” statistics mean nothing. It will score him votes.
    Hillary Clinton, meanwhile, will be either forced to criticize Obama or try to convince a dubious public that times are good.
    Can Trump capitalize on all this? He might if he can stop saying stupid things and remember his opponent’s husband’s lesson — it never stopped being about the economy, stupid!
     
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  14. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    if you've been outta work for two years you're likely a lazy fuck

    sure there may be exceptions
    but mostly it's mostly true
     
  15. lilbuddy67

    lilbuddy67 A man with breath-taking anger management issues Banned User

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  16. x76

    x76 Well-Known Member

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    B-B-B-UT... MAH RECOVERY!!! Oh, that. Right. 4.7% unemployment? Why bother reporting a nonsensical figure like that? The economy crashed in 2008 and I haven't seen many signs of any kind of "recovery".
     
  17. HS Cult Leader

    HS Cult Leader Elite Member Gold

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    Obumbu says you're lying!





    Things are great! And blacks are so much better off too under a black pres.


    [​IMG]
     
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  18. scoobyla

    scoobyla Well-Known Member

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    no one lies for political strategy reasons :rolleyes:
     
  19. oldpaddy

    oldpaddy Well-Known Member

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  20. Anyonenow

    Anyonenow Well-Known Member

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    Hey it's the Summer....
    Lots of Landscape jobs available.
    Lots of construction related jobs available.
    Lots of Transportation related Jobs available.
    Lots of Retail / Service jobs available
    oh that's right not a "glamorous" job and actually requires that someone "works" :slapping:

    if so inclined, it has never been easier to be "self employed" ...COUNTLESS opportunities.

    Disclaimer: Unless you are in a bumf*ck area. and in that case it's only a few hundred bucks to move to somewhere that is decent.