Posted on 06/08/2016 1:11:17 PM PDT by 2ndDivisionVet
Nearly half of unemployed Americans have quit looking for work, and the numbers are even worse for the long-term jobless, according to a poll released Wednesday that paints a grim picture of the labor market.
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....
(Excerpt) Read more at cnbc.com ...
I’m surprised it is still possible to publish data like this. Maybe it’s only OK because nobody pays attention. If they did, it would surely be a hate crime. After Hillary’s election,it will also be rape.
It’s very disheartening, especially for older, White males.
Only rarely do you receive a rejection letter—Mainly it’s an automated response thanking you for your inquiry with assurances that you’ll hear back if they’re interested.
You never hear back.
That's my experience. And there seems to be a lot of funny business going on in the Technology sector: entry level jobs requiring 2, 5 and even 10 years of experience... which, it seems, are then used as the basis for claiming the need to import foreign workers via the H1B visa program.
another 3- million quit looking for work, we’ll be at full employment !
Why work when, as Peggy Joseph claimed, she don’t have to worry about paying for her mortgage or gas no more.
You never hear back.
____
Especially if you are white, male and 50+! EXACTLY!
Yep. That was my experience for a few months after I was laid off in January. 52 years-old and unemployed. It was terribly frustrating and depressing, but I held onto my faith, trusted in God and believed that if I kept doing my part and looked for work, eventually something would come my way. When it did, it wasn’t what I had hoped for, but I was / am damn grateful for it.
But I’m one of the fortunate few. There are fewer and fewer employers willing to hire somebody my age, despite my education and experience, because they can hire a couple of recent college grads willing to work for peanuts. I’m not making much more than peanuts but I’m still grateful for that, too.
It’s rough out there, folks. If you’ve got a job that pays you enough to survive, pay your bills and put food on the table, be grateful and keep showing up, even if it’s not what you want. Keep the job while you keep looking for something better.
How long will it be before it will be a crime for a white male to exist?
As a white male, I already thought it was.
“If you’ve got a job that pays you enough to survive, pay your bills and put food on the table,”
You are among a small minority.
No friggin way Jose !!!! Didn’t you hear 0bama’s speech last week ,, Those 94 million just retired to make room for the new illegal arrivals .
It’s 102mm now
This is Hillary’s World.
I looked for three years. I live in a high unemployment area—almost ten percent.
After running my own company for fourteen years, I closed it down for medical reasons and decided to go back to my old career.
There have been no jobs close to what I was making. I finally accepted a job that I literally did when I was 26. That was thirty years ago.
I am grateful for the opportunity. But I’ve been in the final interviewing group four times. Every successful candidate was a minority woman. No bias here.
I’m thinking there is a growing black economy. In our area, many of the trades working folks are getting cash. They’ve stopped looking for work, because they are working six days a week building homes, landscaping, etc. Govt regulations have gotten so onerous for the small businessman that he’s working around them. We are going the way of Greece.
Just try to make it to January people. We are marching on DC either way.
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