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The economy is getting better but unemployment is up 9.8% December 3, 2010

Posted by jvmullin in Job Searching, Job Searching.
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This post is going to cover 2 topics; 1.) rise in unemployment and 2.) the uneducated statements of Cathrine Rampell of the New York Times.

We keep hearing that the economy is getting better yet despite that the unemployment figure is not declining at the same pace or is even rising despite the fact that some companies are claiming better numbers.

There are a number of ways companies can make it appear they are doing better while actually they are flat or in decline. Look at the news for Toll Brothers they claim a good 4th quarter but that is based on a tax write off.

An article the other day says that credit card use is down significantly. Then they go on to say that it is mainly due to banks cancelling cards or people being overdrawn on the cards they have. The only credit a few people in actually cutting up the cards or just not using them.

So if banks are not lending and credit card companies are not giving credit then how do they expect the economy to recover any time soon?

It appears that business has forgotten the basic economic rules of business.  What I see going on is not going to help matters either. Larger companies are buying up smaller companies they see as a future threat or a way to help build themselves up against the other competitors. While this is good for the business it usually means more unemployed as there is always a reduction due to eliminating redundancies in the two companies.

So pardon me for not believing the hype that the economy is improving based on some roller coaster numbers. I will stick to the reality of what is going on based on real economics not voodoo economics.

Second topic:

I read this on Yahoo this morning it is titled “Unemployed, and likely to stay that way” by Cathrine Rampell of the New York Times.

Here is a reporter that needs to get out of the office and talk to the 9.8% unemployed to get to the truth not just based on her conjecture.

She starts out by claiming that Europe has already come to grips with the long term unemployment situation while America is only just starting.  Well Cathrine you are dead wrong! We have come to grips along time ago. We saw the handwriting on the wall well over a year ago. Organizations like WIND Networking for Unemployed Professionals here in Massachusetts and a myriad of job hunt groups on LinkedIn have been all over that topic for well over a year.

The fact that you like many other uninformed employed workers look down on us is atrocious and perpetuates the misconceptions about us. Shame on you!

Yes in past recessions the layoffs were companies dumping their dead wood that I agree but this recession the major number of unemployed are highly qualified people, who have been deemed over qualified as an excuse not to hire them. Companies are looking to save cost by hiring younger cheaper labor. This of course costs more money in the short term as they have to pay for repeated mistakes that we already knew to avoid.

To infer that we just sit around waiting for the next job while doing nothing to improve ourselves is another perpetuation of a big business lie to not hire us. Now we are dealing with big business blatantly saying in post unemployed need not apply.

Cathrine the old saying goes if you are not part of the solution then you are part of the problem.  I am sure business thanks you for perpetuating their myths about us so that they can sleep better at night.

As far as the people I represent, thanks for nothing. We do not think that highly of you either!

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Comments»

1. missdisplaced - December 3, 2010

Hear Hear!

These people are pissing me off so bad!
Sure, there are always some who milk the UCI system. However, MILLIONS (and most over 40) who always had jobs for the past 20-30 years cannot possibly be lazy, uneducated, or unqualified. In fact, we are OVERQUALIFIED, and that seems to be the biggest problem of the long-term unemployed.

And these tax cuts the GOP insists should stay. Well, the lovely ‘folks who are lucky enough to make over $250k/year had them for the last 5 years. So where are the “JOBS” that come from it?

My UCI ran out three weeks ago. I am living on some money my retired mom gave me and a 10 hour per week job ($80/week). I am now no longer paying ANY of my credit cards, taxes, nor am I buying anything for the holidays.

2. remroom - December 20, 2010

Ремонт и отделка офисов, квартир или дач – это самая распространенная на сегодняшний день проблема большинства людей, решившихся, наконец, привести в порядок свое жилище. Мало того, что ремонт – это занятие трудоемкое и напряженное, еще и найти достойную компанию, занимающуюся отделкой квартир или офисов сегодня практически невозможно. Дело в том, что все меньше и меньше в нашей стране остается фирм, делающих свою работу качественно, эффективно и недорого.Однако наша компания является приятным исключением из этого неприятного правила. Мы вот уже долгое время занимается отделкой и ремонтом квартир и в г. Зеленоград и еще ни разу нам не приходило от наших клиентов ни неприятных отзывов, ни каких-либо жалоб. Богатый опыт наших специалистов, а также высокий профессионализм всех без исключения наших работников, поможет сделать хорошо, качественно и – главное – доступно как косметический, так и капитальный ремонт. Современное оборудование, новые технологии планировки и дизайна, а также индивидуальный подход к каждому клиенту и гибкая система скидок сделали нашу компанию самой успешной на сегодня фирмой, оказывающей услуги по ремонту и отделке квартир и офисов в г. Зеленоград. Список услуг: ремонт квартир ремонт квартир в Москве ремонт квартир в Московской области косметический ремонт квартир капитальный ремонт квартир евроремонт кватрир ремонт магазинов ремонт ресторатов ремонт офисных помещений отделка квартир ремонт ресторанов ремонт квартир под ключ строительство коттеджей VIP ремонт квартир отделка квартир в новых домах

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3. atlanta jobs - December 22, 2010

There seems to be so many online businesses that promise to provide support but I’ve read about so many people complaining that once they get into a business they get none.

jvmullin - December 30, 2010

Like any business proposition it is up to you to perform due diligence. You need to investigate and research as much as you can about the provider.
You have to ask for references to see if they do provide the support that you will need. Also be warily of scams that are out there.
Watch carefully their ads emails and posts about jobs, what yu are looking for is misspelled words and poor sentence structure. These are keys to illegitame posting.

jvmullin - December 30, 2010

Atlanta Jobs,
As in any business venture it is up to you to perform due diligence. You need to do the research and investigation into the business you are thinking about connecting with. Ask for references and then check the references to make sure they are not just friends or employees out to boost sales. Watch out for scammers also. They are usually easy to spot from misspelled words and poor sentence structure.
The saying is that desperate times call for desperate measures. This is true but it does not mean you can let your guard down because you are desperate.


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