USA Unemployment Rates

Shadows

Well-Known Member
#4
it's getting worse. Just announced that some more places gone out of business.

...and for a ALOT of people, that ARE employed (like me)

are only scheduled 10hrs a week if that.

I'm using vacation hrs, annual leave and sick pay.

=/
 

Flipmo

VIP Member
Staff member
#5
I'm pretty sure Poland has a bigger unemployment rate.
I heard Poland was hit bad at first, but were one of the first to get out of it.

The Economist told me this. :cool:

As for the USA, it's getting worse. I've more than enough stories from family and friends and they're really struggling.
 

masta247

Well-Known Member
Staff member
#7
I'm pretty sure Poland has a bigger unemployment rate.
It was always higher than in the US but it didn't rise during the crisis. Right now it's definitely lower (lower than 8% if I remember correctly).
Actually Poland had the fastest growing (yeah, growing) GDP during the crisis.

edit: the latest data I found is from November - it was 8,8% here as opposed to 9% in the US.
However in 2007 it was over 10% while in 2002 it was around 16%. They are predicting that this year it might go down to as low as 4,8% (but I don't really believe it). However it's getting better with each year.
 

Farzin

Well-Known Member
#8
Well, those who say the crisis is over are trying to keep the people optimistic so that they go out and spend more rather than sit on their money to actually get a recovery going.

What they don't realize is people are so far in debt in the US they have no more money to spend.
 

ARon

Well-Known Member
#9
Yeah this is even a little midleading cus even people who have jobs aren't working 40 hr weeks. Half the people I know have had their hours cut like shadows was talking about.
 
#10
the world is constantly increasing in population, what would happen when there is too many people and not enough jobs

in extreme case scenario i can imagine over-population having a substantial impact on political revolt and causing civil wars
 

Snowman

Well-Known Member
#12
I Live right in the Gutter of the unemployed. Ohio and Michigan are the top 2 states with people out of work.

fortunately im still employed and getting 40 hours a week
 

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