Tapsearch Com EditorWhat year was this letter published?
By Ray Tapajna, and his economic "ministry".
What year was the following letter published? We will tell you at the end of the letter. ( Our back to the future letter series- can you hear me now? )
How is our unemployment rate recorded?
Does lower unemployment mean uncounted misery ?
The article by Sandra Livingston titled "Getting a job one day at a time," regarding temporary help, makes one wonder how we can have the lowest unemployment rate in the past 28 years at 4.2 percent while temporary, casual labor, part-time. lease and independent jobs grow and grow.
Twenty-eight years ago, most jobs were full-time permanent jobs with unemployment insurance. Today, most of these temporary part-time adn contracting jobs carry no unemployment insurance and there is no reason to report for unemployment benefits. There is no reporting in present-day unemployment data to cover this new syndrome. Even in the high tech area, it is reported that workers are ready for United Parcel Service -type strikes in the Silicon Valley where reportedly 40 percent of all high-tech workers reside. Too many jobs there are temporary contract jobs with many temporary jobs lasting longer than regular jobs. These jobs carry no benefits or unemployment insurance. Also, while the media report the scarcity of high tech workers, more than 200,000 have received their pink slip just since 1997.
In recent years, more than 100 computer manufacturers have closed operations in the United States. One wonders what happen to all these workers.
Someone, somewhere should ask how the 28-year-old, 4.2 percent unemployment figure is reached. It is obviously something is not matching up with reality. All one has to do is to look in the yellow pages and note that there are more than 250 temporary help offices in the Cleveland area. Also listed is about 50 escort services, I wonder how unemployment benefits are covered here. Apparently, the reliance on the reported unemployment figures to support the reports of a good economy must be questioned. ( A silent depression was later exposed after Hurricane Katrina hit New Orleans. A vast underclass did not have enough money to escape the storm. The same senario can be repeated across the USA with many major cities in the U.S. having miles of third world looking major avenues with empty store fronts and empty factories as of there was a war. )
( We will continue this letter in our next post with added commentaries .)
What year was the following letter published? We will tell you at the end of the letter. ( Our back to the future letter series- can you hear me now? )
How is our unemployment rate recorded?
Does lower unemployment mean uncounted misery ?
The article by Sandra Livingston titled "Getting a job one day at a time," regarding temporary help, makes one wonder how we can have the lowest unemployment rate in the past 28 years at 4.2 percent while temporary, casual labor, part-time. lease and independent jobs grow and grow.
Twenty-eight years ago, most jobs were full-time permanent jobs with unemployment insurance. Today, most of these temporary part-time adn contracting jobs carry no unemployment insurance and there is no reason to report for unemployment benefits. There is no reporting in present-day unemployment data to cover this new syndrome. Even in the high tech area, it is reported that workers are ready for United Parcel Service -type strikes in the Silicon Valley where reportedly 40 percent of all high-tech workers reside. Too many jobs there are temporary contract jobs with many temporary jobs lasting longer than regular jobs. These jobs carry no benefits or unemployment insurance. Also, while the media report the scarcity of high tech workers, more than 200,000 have received their pink slip just since 1997.
In recent years, more than 100 computer manufacturers have closed operations in the United States. One wonders what happen to all these workers.
Someone, somewhere should ask how the 28-year-old, 4.2 percent unemployment figure is reached. It is obviously something is not matching up with reality. All one has to do is to look in the yellow pages and note that there are more than 250 temporary help offices in the Cleveland area. Also listed is about 50 escort services, I wonder how unemployment benefits are covered here. Apparently, the reliance on the reported unemployment figures to support the reports of a good economy must be questioned. ( A silent depression was later exposed after Hurricane Katrina hit New Orleans. A vast underclass did not have enough money to escape the storm. The same senario can be repeated across the USA with many major cities in the U.S. having miles of third world looking major avenues with empty store fronts and empty factories as of there was a war. )
( We will continue this letter in our next post with added commentaries .)
