45 million people looking for work, in six month

[nadinbrzezinski]

let me do some quick math

Per latest census, 310 million

that is 265 million, alas not all of them are adults and in the workforce...

So let's deduct, another what would be good, forty million? Children and elderly, I am being conservative here

That is 225

So forty five million of 225 in an active work population gives us a whooping total of... oh my that is high...20 percent of working population.

So if my numbers are off, and Perhaps Flanders are off... but this is a depression people. These are numbers for a depression.

I got no idea where she got this from, but down right depressing, heh?

[haikugal]

1. Yes, it is.

My son just started a job this week after being unemployed for 2 years. I think he just made it under the wire with what is likely to be coming...

[nadinbrzezinski]

2. Good luck to both of you

[FarLeftFist]

3. I thought I recently read that there are 135 million Americans with jobs

The rest are children, seniors, students, stay at home mom/dad, disabled, unemployed, etc.

Edit: of course this would only be counting those who are "on the books".

[nadinbrzezinski]

4. So that raises my numbers to even worst...

and 20% might be conservative.

[FarLeftFist]

5. Definitely. We are in a depression (technically), the difference is...

Nowadays we have lots of technological stimulation to pass the time and reality shows to keep the masses hypnotized. Take this same situation and place us in the 1930's under that time periods social stances and their would be anarchy in the streets.

[nadinbrzezinski]

7. We are not from the GDP aka economic standpoint

but the math I just did, from Laura Flanders prediction, means we will be by Christmas... and I mean the technical economic definition of one.

I suspect this "peace" will soon be replaced by stuff in the streets, not that the media will tell you about it. But it will.

If we take back the WI senate that will be a huge boost to morale as well.

[FarLeftFist]

12. Unless the GDP numbers are cooked also.

Sometimes I believe that we are all just pawns in a highly orchestrated game of global chess waged against us by the "elite" and super-rich. Capitalism works for only some people while it causes HUGE amounts of degradation to HUGE amounts of people. Capitalism causes more people to be poor than it causes people to be rich. Whole entire continents and it's citizens are being devastated due to capitalism. I think it's strange that in this one single life we are given as a species, free to roam planet earth, that we are slaves to pieces of paper. Sometimes it just all seems so fake to me. Like we are being forced to walk a path we were never meant to walk.

[nadinbrzezinski]

16. There are way too many people paying attention to the numbers

and if you doubt it... watch foreign rating agencies. They will be the first ones to drop it. I mean our trippe A... it wasn't dropped but due to ECONOMIC concerns was placed on negative outook. This is way too much inside baseball, but this is not good news either. Notice that they did not really cover very well...

http://www.freep.com/article/20110803/NEWS15/108030415/U-S-keeps-bond-rating-but-Moody-s-assigns-negative-outlook?odyssey=tab|mostpopular|text|FRONTPAGE

[XemaSab]

6. Plus the people who are kinda-sorta employed

I went from one job at 50K a year to 2 jobs at about 10 hours a week... combined.

[nadinbrzezinski]

8. She was saing fully unemployed, her numbers mean a real

life depression, as in 1929 depression...

We will not be able to keep this for long. It will give. It has to.

[Yo_Mama]

9. Here are real numbers

About 80 million below 20. About 40 million above 64. That's 120 million out of a total population of approximately 310 million. So about 190 million working-age Americans. Then there are the in-school/prison population, the military, etc. That takes it closer to 180 million.

About 140 million are working, but that other 50 million includes disabled, temporarily disabled, non-working spouses and the like.

Table A of the last monthly employment report has about 14 million actively unemployed and a few million more in the discouraged/marginally attached.
http://www.bls.gov/news.release/empsit.a.htm

So no way does it go to 45 million people. That's just ridiculous. 16 to 17 million is quite bad enough!

[nadinbrzezinski]

10. as I pointed out, 45 million is not ridiculous,

it is depression. It is Grapes of Wrath Territory... but thanks... and why I went, let's do some math, shall we?

180 millions, and 45 million, the math is even more horrific.

[Yo_Mama]

17. Yes, it is ridiculous

Sorry, but if about 140 million people are working, and there are about 15-17 million who are not, you're forecasting either that the ENTIRE working age population is suddenly going to be out there looking for work in six months (not gonna happen) or that we're going to suddenly lose over 25 million jobs? In six months?

I could use a stronger word, but I'll stick with ridiculous.

[nadinbrzezinski]

18. Alas I am not the one using those numbers

I am bringing them here,

And by the way... the kind of FISCAL POLICY we have right now in place is modelled on what happened in 1937. I sugest you read this.

http://en.wikipedia.org/wiki/Recession_of_1937%E2%80%931938

I am done, have a good day...

And yes I do hope it stays ridiculous... alas given what economists are saying about growth... I doubt it.

[zappaman]

19. Stop raining on the doom and gloom parade!

Don't you know the sky is falling?
Just wait until the reboot of SPIDERMAN comes out!
Some say it is the end of civilization and who can argue?
Ridiculous my ass!

[FarLeftFist]

14. Thanks for the informative chart.

[lonestarnot]

11. Ugh, depression for months now. The numbers are a reality.

[tritsofme]

13. What statistic are you trying to communicate here?

The post is very confusing.

Here are some real stats:
http://data.bls.gov/cgi-bin/surveymost?bls

[lonestarnot]

15. Unemployment in the nation at 20 to 25%. What is so difficult?