Posted on 03/17/2011 2:37:10 PM PDT by Qbert
(CNSNews.com) - One out of five American workers who wants a full-time job cannot find one, according to a Gallup survey released today.
This news comes 25 months after President Barack Obama signed a stimulus law designed to keep the U.S. unemployment rate under 8 percent.
Gallup derives what it calls the underemployment rate by combining the percentage of unemployed workers with the percentage of workers who are employed only part-time but want a full-time job.
As of mid-March, Gallup reported in its new survey, 10.2 percent of American workers were unemployed and 9.7 percent were working part-time but wanted a full-time job. That equals an underemployment rate of 19.9 percentor approximately one out of every five workers. According to Gallup, the employment picture in the United States is virtually unchanged from a year ago.
In mid-March 2010, 10.3 percent of American workers were unemployed and 9.7 percent were working part-time but wanted a full-time job--yielding an underemployment rate of 20.0 percent. That compares to todays 19.9 percent underemployment rate.
On Feb. 17, 2009, Obama signed an economic stimulus law that the Congressional Budget Office then-estimated would cost $787 billion. In Jan. 2009, Obamas then-top economic adviser Christina Romer had reported that this stimulus, if enacted, would keep the U.S. unemployment rate under 8 percent.
(Excerpt) Read more at cnsnews.com ...
It is fixing to get a lot worse because of energy prices.
we're becoming more like France , minus the nuclear power.
Hopefully, Obama’s job search will begin in early November 2012!
“So, Mr. Obama, what kind of WORK have you been doing the past four years?”
Not gonna be an easy hire...;)
Recovery Summer II.
“So, Mr. Obama, what kind of WORK have you been doing the past four years?
Not gonna be an easy hire...;)”
—I got one: golf caddy.
Thankfully my husband was just sent an offer yesterday from ATT. He has been out 4 months. We are blessed and thankful for “people you know” in the business. Its awful out there. We have been on pins and needles.
ESPN is in bed with Obama. They show his arrogant mug all the time. They rarely ever showed Bush. But, you can rarely go a day without his mug on there somewhere. You can call him Lebron Obama. They are big buds.
All those lazy Americans, sitting at home watching TV, they just don't wanna work
tsk tsk tsk
/openborders rant
...energy prices, food prices, and higher energy prices will cause higher food prices, and higher prices for everything....
I wonder if THE IDIOT knows that some men WANT to work? Mine could have retired years ago, but doesn’t want to sit at home all day. He likes his career and likes being busy.
The real U.S. unemployment rate may be 22.1 percent for February, not the 8.9 percent reported by the government, according to economist John Williams, author of the “Shadow Government Statistics” website, who has argued for years that the federal government manipulates the reporting of economic data for political purposes.
and if that doesn’t fix things, we need some more free trade agreements that facilitate outsourcing of US manufacturing.
And does not count folks like me that have now taken a 50% pay cut because few jobs pay anymore. Buyers market.
Glad to have a job though.
Actually, Obama was once qualified for a position in which he would have probably succeeded.
But then, as fortune would have it, they invented AUTOMATIC pin setters.
Gallops numbers keep going up, Obama’s numbers keep going down...
hm.....
which to believe....
*cough*
Thanks Qbert.
The simple fact that Obama wouldn't cancel his appearance to go over his NCAA brackets indicates 1 of 2 things:
1. Obama & his political advisors are tone-deaf, or
2. ESPN and similar venues are an integral part of his re-elect strategy.
You decide.
I think Baraq’s doing a rope a dope strategy leading up to 2012.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.