I know a few folks that can’t find a job…It made me feel happy my wife and I are RNs ..there’s a projection we’ll be down a 1,000,000 RNs By 2020..So I have some job security..

But some folks are gonna be shooting squirrels and eating nettles by next year.. We’ll probably be healthier and enjoy life..by disconnecting from the robot consumer machine and communing with the beautiful blue ridge..

I ate some kudzu this year for the first time..great source of protein and carbos…tastes like chewy peas..

http://www.nytimes.com/2009/11/07/business/economy/07econ.html?_r=1&partner=rss&emc=rss

Broader Measure of U.S. Unemployment Stands at 17.5%

 
Article Tools Sponsored By
By DAVID LEONHARDT
Published: November 6, 2009

For all the pain caused by the Great Recession, the job market still was not in as bad shape as it had been during the depths of the early 1980s recession — until now.

With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked by the Labor Department has reached its highest level in decades. If statistics went back so far, the measure would almost certainly be at its highest level since the Great Depression.

In all, more than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. The previous recorded high was 17.1 percent, in December 1982.

This includes the officially unemployed, who have looked for work in the last four weeks. It also includes discouraged workers, who have looked in the past year, as well as millions of part-time workers who want to be working full time.

The official jobless rate — 10.2 percent in October, up from 9.8 percent in September — remains lower than the early 1980s peak of 10.8 percent.

The rate is highest today, sometimes 20 percent, in states that had big housing bubbles, like California and Arizona, or that have large manufacturing sectors, like Michigan, Ohio, Oregon, Rhode Island and South Carolina.

The new benchmark is a sign of just how much damage financial crises tend to inflict. A recent book by Carmen M. Reinhart and Kenneth S. Rogoff, two economists, found that over the last century the typical crisis had caused the jobless rate in the country where it occurred to rise for almost five years. By that standard, the jobless rate here would continue rising for two more years, through the end of 2011.

Kudzu is edible??? (This changes EVERY THING!)

I guess I’ll never go hungry. We have more Kudzu than you can eat in Macon and Jackson County within walking distance.

Yea you can also make jelly from the flowers…Which according to some economists that’s a good skill to develop..

Ya know our economy is a rat maze that is dependent on creating adequate cheese for the rats..The incentive to participate in the rat maze is getting less attractive to many of the youth.. The jobs that are available seem to have less cheese. or at least are perceived as such..

Sunday, November 8th 2009, 4:00 AM
Today’s Other Editorials:

 

There are those who say the economy is starting to recover from the worst recession since the Great Depression, and they take heart even from the miserable state of the American job market.

To this way of thinking, things are getting brighter because the country is losing fewer jobs every month than were lost at the peak of the bloodbath. Which is like telling a terminal patient that things are looking up because he’s dying a little slower.

The concept is meaningless garbage and will remain so until unemployment and underemployment recede from astronomical levels. At 10.2%, the jobless rate is higher than it has been in more than a quarter-century, and at 17.5%, the rate of people who are working below their capacity is at a record high.

That is the kind of statistical carnage inflicted by the loss of 7.3 million jobs, and counting, in just less than two years.

Read more: http://www.nydailynews.com/opinions/2009/11/08/2009-11-08_realism_is_job_one_staggering_unemployment_figures_cannot_be_sugarcoated.html#ixzz0WJMjgdvO

This is weird example fo how the powers that be don’t want to suck all the blood out of a dying man..they don’t want to kill us they just want us to stay weak enough to dominate us..

Oil settles lower after US unemployment report

By CHRIS KAHN (AP) – 2 days ago

NEW YORK — Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983.

Benchmark crude for December delivery gave up $2.19 to settle at $77.43 a barrel on the New York Mercantile Exchange. In London, Brent crude for December delivery shed $2.12 to settle at $75.87 on the ICE Futures exchange.

America’s thirst for petroleum has slumped all year. With nearly 16 million people now out of work, traders found few reasons to expect it will return anytime soon. Crude prices shed most of their gains from earlier in the week, when financial reports showed consumers were spending more, and companies were squeezing more productivity out of their workers.