U.S. Jobless Rate May Soon Top Europe's

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First Posted: 05-22-09 06:16 PM   |   Updated: 05-22-09 06:59 PM

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New York Times:

For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both hire and fire workers than in many European countries -- produced more jobs.

Read the whole story: New York Times

For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both...
For many years, unemployment in the United States was lower than in Western Europe, a fact often cited by people who argued that the flexibility inherent in the American system -- it is easier to both...
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- Ant I'm a Fan of Ant 93 fans permalink
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Right-wingers say the wealthy class create jobs. Why aren't they creating jobs.

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
- ohiomark I'm a Fan of ohiomark 121 fans permalink

They are saving their money for the massive tax increase that's coming.

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
- Ant I'm a Fan of Ant 93 fans permalink
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No. It's because they don't create jobs. Demand creates jobs.

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
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that's strange, because they say creating jobs is a sign of more business and more business is is how they make money.

    Favorite    Flag as abusive Posted 10:59 PM on 05/22/2009

The company I work for sent out an email explaining that if Obama won the election, layoffs would happen to offset taxes. So far we have only lost 3-4k jobs, but more will be gone soon enough.

    Favorite    Flag as abusive Posted 10:57 PM on 05/22/2009
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it;s amazing your company has unnecessary employees on the payroll.

    Favorite    Flag as abusive Posted 11:01 PM on 05/22/2009
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The company you work for is horrible stoopid and should fail.

    Favorite    Flag as abusive Posted 11:03 PM on 05/22/2009

But that is change, and exactly what Obama promised.

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
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The government KNOWS that the bondholders are LEGALLY ENTITLED to GM's assets in bankruptcy court. They know that the UAW is NOT entitled to those assets, and that the court will rule against them.

Now they're openly admitting that they are purposefully manipulating the bankruptcy courts in order to divert bondholder's rightful money into the union coffers.

OUTRAGEOUS!!

    Favorite    Flag as abusive Posted 10:53 PM on 05/22/2009
- mrsmdressup I'm a Fan of mrsmdressup 371 fans permalink
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Go have a drink.

    Favorite    Flag as abusive Posted 10:53 PM on 05/22/2009
- forpeace I'm a Fan of forpeace 320 fans permalink
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mrsmdressup
-----------
LOL!

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
- adey I'm a Fan of adey 228 fans permalink
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Antifreeze would be good.

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
- Diogenis I'm a Fan of Diogenis 65 fans permalink

Have several drinks.

    Favorite    Flag as abusive Posted 10:57 PM on 05/22/2009
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do you ever get tired of talking to yourself?

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
- adey I'm a Fan of adey 228 fans permalink
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He has learned to tune himself out.

    Favorite    Flag as abusive Posted 10:56 PM on 05/22/2009
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I can barely contain my sense of irony

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
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Take your watered down, fake outrage and go post on ClownHall or DeadState. Noonegivesashit.

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
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I just called both my Senators. I suggest that you call yours.

    Favorite    Flag as abusive Posted 10:56 PM on 05/22/2009
- ohiomark I'm a Fan of ohiomark 121 fans permalink

Obama has to pay back the unions for all their "support".

    Favorite    Flag as abusive Posted 10:56 PM on 05/22/2009
- mrsmdressup I'm a Fan of mrsmdressup 371 fans permalink
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Yes, because, as we all know, unions don't manufacture anything.

    Favorite    Flag as abusive Posted 10:59 PM on 05/22/2009
- opine2u I'm a Fan of opine2u 14 fans permalink

Now that Obama's got about a Trillion or so of your dollars, ask him, TO SHOW YOU THE MONEY.

    Favorite    Flag as abusive Posted 10:52 PM on 05/22/2009
- rich misty I'm a Fan of rich misty 1042 fans permalink
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Obama has a job to do, and he is doing it, despite intense anger from the anti-American right.

    Favorite    Flag as abusive Posted 10:53 PM on 05/22/2009
- VegasBabe I'm a Fan of VegasBabe 189 fans permalink
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Can't we just SHOW U THE DOOR INSTEAD?

    Favorite    Flag as abusive Posted 10:53 PM on 05/22/2009
- zius I'm a Fan of zius 74 fans permalink
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3~ ~ ~ ~ ~ ~ ~ #

3 = @ss
~ = sh t
# = pile of sh t = opine2u

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
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He dumping them into the UAW in broad daylight, and all the phony libs are looking the other way.

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
- D-V-H I'm a Fan of D-V-H 387 fans permalink
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"Unemployment is also particularly high now in the Baltic states, Estonia, Latvia and Lithuania, which ran up large trade deficits during the good times and are suffering now that it is much harder for them to borrow money."

This is a perfect example of why we should have been saving through the more prosperous times. The only time we should be deficit spending is when there is some overriding emergency. There wasn't any excuse for Bush's extravagant spending, not to mention the drastic cuts in revenue that he gave to his "base".

    Favorite    Flag as abusive Posted 10:51 PM on 05/22/2009
- rich misty I'm a Fan of rich misty 1042 fans permalink
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Yes "go shopping" is not an economic plan. And these GOP "plans" are really just slogans, "drill baby drill" - It's no plan.

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009

Too bad Obama had to bring change to Washington, and has already outspent all 8 years of Bush...

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
- D-V-H I'm a Fan of D-V-H 387 fans permalink
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I haven't seen those numbers.

From what I remember Bush's budgets were about $400 billion less than Obama's, EXCEPT Bush didn't include the 2 wars or myriad others items.

Try again?

    Favorite    Flag as abusive Posted 11:02 PM on 05/22/2009
- tiznow I'm a Fan of tiznow 3 fans permalink

Obama makes Bush look like a fiscal conservative.

    Favorite    Flag as abusive Posted 11:03 PM on 05/22/2009
- NotWaldo I'm a Fan of NotWaldo 44 fans permalink
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Give me a job, give me security

Give me a chance to survive

I'm just a poor soul in the unemployment line

My God I'm hardly alive

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009
- forpeace I'm a Fan of forpeace 320 fans permalink
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NotWaldo
---------
Did you lose your job? Sorry about that!

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
- NotWaldo I'm a Fan of NotWaldo 44 fans permalink
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Make me an offer that I can't refuse

Make me respectable man

This is my last time in the unemployment line

So like it or not -- I'll take those

Long nights, impossible odds

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
- KewlJoJo I'm a Fan of KewlJoJo 192 fans permalink
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Coyote met BonnieAndClyde in the Happy Hunting Ground.

Coyote said, "I have never seen you as two. You are ONE and you have a demon in the depth of your heart."

BonnieAndClyde said, "Sit! Roll over! Shake hands. Don't you know any tricks?"

    Favorite    Flag as abusive Posted 10:47 PM on 05/22/2009
- sharonh I'm a Fan of sharonh 215 fans permalink
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Hahahahhah. All dogs go to heaven.

    Favorite    Flag as abusive Posted 10:48 PM on 05/22/2009
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funny!....­..........­........un­fortunatel­y, I am crying right now....

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
- Chazmania I'm a Fan of Chazmania 68 fans permalink
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did anyone notice the department of labor job add on this page?
i think its kind of funny to get a job in a government that cant balance a budget.
oh that's right higher more people and pay them from our deficit! increase the size of an already bloated government bureaucracy that cant be fiscally responsible. but lets just higher more people!
and have them shuffle papers around and cause more harm then good to the taxpayers.
don't bother getting a job making something useful. or bettering the planet
brilliant!
I swear this country has gone insane!

    Favorite    Flag as abusive Posted 10:46 PM on 05/22/2009
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but lets just higher more people
***********
Are they hiring higher people or are the hired people higher?

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009
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I see where you made voicethrou­ghthegrete­. some cookies.. would you like to make me some brownies?

    Favorite    Flag as abusive Posted 10:52 PM on 05/22/2009
- D-V-H I'm a Fan of D-V-H 387 fans permalink
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Where are people going to get jobs when companies all want to send them to slave wage countries?

At some point this Ponzi scheme that companies are running will fail completely. It is already on a severe slide to the bottom.

    Favorite    Flag as abusive Posted 10:54 PM on 05/22/2009
- Grannysue I'm a Fan of Grannysue 131 fans permalink
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You don't have to tell me, we got our notice two weeks ago, come June 30, our jobs in our office will be outsourced! Seven of us are looking. Im in my sixties, I'm already finding it difficult to even get an interview, even though I have nearly thirty years in healthcare management! I guess they don't feel they should waste time on someone they think will be retiring soon. What they don't realize is the way this country has been gutted financially by the GOP, thanks GEORGE, half of my Retirement is gone and after paying into social security for over forty five years, it's probably not going to be there either.
I decided to put my home on the market because when the crap hits the fan come July, well, I don't know what I will do after that.

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
- rich misty I'm a Fan of rich misty 1042 fans permalink
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You are not alone... We are meeting at the polls Nov 4th, 2010 to make some changes in Congress. Vote out Republican "drown America" ideology.

    Favorite    Flag as abusive Posted 10:48 PM on 05/22/2009
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Let's not forget those Blue Dogs too. We just don't have the luxury of tolerating obstructionists, of any flavor, right now.

    Favorite    Flag as abusive Posted 10:52 PM on 05/22/2009
- fallout4U I'm a Fan of fallout4U 30 fans permalink
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You are going to vote out the Dem majority? Yes, that might happen.

    Favorite    Flag as abusive Posted 10:56 PM on 05/22/2009
- HeIsTheOne I'm a Fan of HeIsTheOne 206 fans permalink
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Dam, I'm sorry for your troubles.

Does your local county have an employment referral service? Use every venue you can...talk to your friends, church, townhall, and even ask your physicians for any leads/referrals.

You've been in healthcare manangement, any chance to find something at adult community facilities?

Saying a prayer for you tonight. Hang in there.

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009
- VegasBabe I'm a Fan of VegasBabe 189 fans permalink
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Some counties have specific offices to help seniors secure positions. Worth a try.

    Favorite    Flag as abusive Posted 10:55 PM on 05/22/2009
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Bless you Grannysue, hope all workds out well for you. When one doors closes, another one opens.

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
- nichtviel I'm a Fan of nichtviel 4 fans permalink

You didn't know that Clinton signed into law the banking deregulation bill that caused our financial crisis? Don't aim your anger at the GOP. Aim it at every m.o.r.o.n citizen that voted in every fiscally irresponsible politician in the past 20 years.

    Favorite    Flag as abusive Posted 11:00 PM on 05/22/2009
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Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan

    Favorite    Flag as abusive Posted 10:44 PM on 05/22/2009
- zius I'm a Fan of zius 74 fans permalink
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3~ ~ ~ ~ ~ ~ ~ Ghostzapper

    Favorite    Flag as abusive Posted 10:47 PM on 05/22/2009
- nichtviel I'm a Fan of nichtviel 4 fans permalink

That's good. The Democrats in Minnesota want to put GPS units in cars and tax people on the miles they drive.

    Favorite    Flag as abusive Posted 10:57 PM on 05/22/2009
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Ronnie Raygun is d.ead, stuffed and mounted and sitting in John McCain livingroom.

    Favorite    Flag as abusive Posted 10:59 PM on 05/22/2009
- chez I'm a Fan of chez 2 fans permalink

Ghostzapper

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan
----------­----------­----------
Republican’s view of the economy can be summed up in short;
If it moves, stop it from moving and if it stops,Fu@K it.
GW Bush and Dick.

    Favorite    Flag as abusive Posted 05:29 AM on 05/23/2009

Midnightrain I'm a Fan of Midnightrain I'm a fan of this user permalink
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I'm saying that I don't think it's a privilege to have so much at the expense of others. That just makes you greedy, not privileged.

I'm saying that I don't think it's a privilege to have so much at the expense of others. That just makes you greedy, not privileged.

+++
Exactly! It's a privilege to love and be loved. To have friends. To be alive. Do what you can for those around you.

When your under the grate, you don't have the privilege of being cynical, just thankful for everyday you make it!
+++

Goodnight my friends! It is a privilege to have communed with you this evening!

    Favorite    Flag as abusive Posted 10:44 PM on 05/22/2009
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Will you be back?

    Favorite    Flag as abusive Posted 10:48 PM on 05/22/2009
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Good night, friend. Rest well!

    Favorite    Flag as abusive Posted 10:48 PM on 05/22/2009
- adey I'm a Fan of adey 228 fans permalink
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Nite. Stay warm. ; )

    Favorite    Flag as abusive Posted 10:49 PM on 05/22/2009
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Did you get the Kraft cheesekindafood slices I sent down? Sorry about the bread, it was too thick for the openings.

    Favorite    Flag as abusive Posted 10:49 PM on 05/22/2009
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I hope it doesn't rain!

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009

The Bush Depression is here.
The "unemployment rate" has been artificially depressed since the Reagan years, therefore any valid comparison with the past is meaningless. Excluded are people working a part time starvation wage job who seek full time. People who want to work but cannot because of disability. People whose unemployment benefits have expired. People who have just given up. Criminals and loafers.
Many guesses and hypotheticals are used to create theoretical jobs that add to those supposedly employed.
To see the old metrics used go to this highly respected site:
http://www.shadowstats.com/
For a through explanation of these changes in methodology see
http://www.shadowstats.com/article/54
We now at 18.5% (EIGHTEEN AND A HALF PERCENT) REAL UNEMPLOYMENT.
One of the numbers never counted is the young people who haven't found a job at all. Another is the number of women whose families' need them working, but who've been pushed into staying at home, because they can't pay for childcare, or medical for the kids. It doesn't count the underemployed, working at Walmart or a fast food place and applying for food stamps and medicaid, to get the additional food and healthcare for their children that their jobs can't pay for.
Straight from the Government:

http://www.bls.gov/news.release/empsit.t12.htm

The U-6 (real unemployment) is at 15.8% right now according to the Government. The media and of course political people use the U-3 number

    Favorite    Flag as abusive Posted 10:44 PM on 05/22/2009
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It is all Obama's depression baby, all Obama. His "stimulus" plan promised to save or create 3.5 million jobs It didn't happen.

    Favorite    Flag as abusive Posted 10:49 PM on 05/22/2009
- mrsmdressup I'm a Fan of mrsmdressup 371 fans permalink
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GrandFlashMaster Steele? Is that you?

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009
- rich misty I'm a Fan of rich misty 1042 fans permalink
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http://www.google.com/search?hl=en&q=drown+government&btnG=Google+Search&aq=o&oq=

First there was a plan... Destroy the country, and take a profit in the process.

http://www.pbs.org/wgbh/pages/frontline/meltdown/view/

With government broken, they were able to get to the money tap directly during the ensuing crisis.

http://video.google.com/videoplay?docid=4490541725797746038

By increasing the spreads as wide as possible, and selling the country short... They steal from the market as well, and maximize their gains.

Blame Democrats, and that is pretty much the GOP plan.

    Favorite    Flag as abusive Posted 10:50 PM on 05/22/2009

of course it didn't create jobs overnight. g bush took 8 years to destroy our country.

    Favorite    Flag as abusive Posted 10:58 PM on 05/22/2009
- dst1 I'm a Fan of dst1 8 fans permalink

U think that in 4 months President Obama can create 3.5 million jobs? And you told us he wasn't the messiah, NOW you say he is. Get real.

    Favorite    Flag as abusive Posted 11:03 PM on 05/22/2009
- ObamAtomic I'm a Fan of ObamAtomic 145 fans permalink
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You loss your senses?

    Favorite    Flag as abusive Posted 11:08 PM on 05/22/2009
- D-V-H I'm a Fan of D-V-H 387 fans permalink
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And where are the righties complaining about government subsidies for companies like WalMart. They have people working close to full-time who have to be on food stamps & medicare.

    Favorite    Flag as abusive Posted 10:57 PM on 05/22/2009
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“Rhiannon”
Fleetwood Mac

    Favorite    Flag as abusive Posted 10:42 PM on 05/22/2009
- forpeace I'm a Fan of forpeace 320 fans permalink
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Coyote777 7
--------------
I did NOT in.sult you ........ YOU ins.ulted yourself!

See you were fine and pleasant for 2 weeks, when you were taking your medication.

    Favorite    Flag as abusive Posted 10:43 PM on 05/22/2009
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Well, now. I love me some Fleetwood Mac. Are you trying to melt my heart?

    Favorite    Flag as abusive Posted 10:44 PM on 05/22/2009
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Try the original Fleetwood Mac, with Peter Green leading the band. The did the original version of "Black Magic Woman" that Santana covered virtually note for note. (Green wrote it) A completely differently sound than the late seventies-early eighties band.

    Favorite    Flag as abusive Posted 10:49 PM on 05/22/2009
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"A Bang on The Ear"--The Waterboys or "The Whole of The Moon", The Waterboys, seeing you're carrying it for the cons.

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
- shockmagog I'm a Fan of shockmagog 139 fans permalink
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Ugh.

    Favorite    Flag as abusive Posted 10:47 PM on 05/22/2009
- sharonh I'm a Fan of sharonh 215 fans permalink
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TheySuck.

    Favorite    Flag as abusive Posted 10:47 PM on 05/22/2009
- GravitonX I'm a Fan of GravitonX 60 fans permalink
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This should come as no surprise. For years, the unemployment rate in the United States has only reflected those who have filed in the last 6 months, so that Administration could falsely boast of the "strength" of the economy. Europe's numbers have always been more accurate, reflecting everyone who is actually unemployed. Under the America model of unemployment monitoring, if everyone gets fired and is out of work for more than 6 months, the government can boast a 0% unemployment rate. It sounds absurd, but it's demonstrates the games politicians play with statistics.

    Favorite    Flag as abusive Posted 10:42 PM on 05/22/2009
- rich misty I'm a Fan of rich misty 1042 fans permalink
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You are exactly correct.

    Favorite    Flag as abusive Posted 10:43 PM on 05/22/2009
- pikaomega I'm a Fan of pikaomega 12 fans permalink
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So, let me get this straight. Job losses up.
http://news.yahoo.com /s/ap/2009­0522/ap_on­_bi_go_ec_­fi/us_stat­e_unemploy­ment

Unemployment rate down.
http://money.cnn.com /2009/05/2­2/news/eco­nomy/State­_unemploym­ent/index.­htm?postve­rsion=2009­052212

Wow. I understand the difference, but just wow.

    Favorite    Flag as abusive Posted 10:41 PM on 05/22/2009
- KewlJoJo I'm a Fan of KewlJoJo 192 fans permalink
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Coyote threw a stone into a pool. Coyote said, "If the stone sinks then all people must dii."

BonnieandClyde came driving by and ran over Coyote. The End.

    Favorite    Flag as abusive Posted 10:41 PM on 05/22/2009
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And yet, in the mythology, it is FOX that has the responsibility to raise up Coyote from the dead to fight against the monsters another day...

Perhaps you should attack Fox?

    Favorite    Flag as abusive Posted 10:44 PM on 05/22/2009
- rbarry647 I'm a Fan of rbarry647 84 fans permalink
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And here I thought he ate some of the ACME birdseed

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
- HeIsTheOne I'm a Fan of HeIsTheOne 206 fans permalink
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I like your stories.

:-)

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
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You are so off the wall ..I love it!

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
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When's the sequel coming out?

    Favorite    Flag as abusive Posted 10:45 PM on 05/22/2009
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