JOBSEARCH: The Labor stats are as cooked as Enron’s books

https://www.linkedin.com/pulse/us-job-market-february-2015-jeff-altman?trk=hb_ntf_MEGAPHONE_ARTICLE_POST

Jeff Altman
Recruiter.
The US Job Market: February 2015

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Jim Clifton, the Chairman of the Gllup Organization, broke down the data.

“Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%.”

“The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.

And it’s a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. A good job is an individual’s primary identity, their very self-worth, their dignity — it establishes the relationship they have with their friends, community and country. When we fail to deliver a good job that fits a citizen’s talents, training and experience, we are failing the great American dream.

Gallup defines a good job as 30+ hours per week for an organization that provides a regular paycheck.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America’s middle class.”

So there you have it.

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Interesting that those who know are calling a foul.

When will “We, The Sheeple” wake up, pick up their pitchfork and torches, and storm “the castle” in the “District of Corruption”?

It’s a shame for those who are “out”.

Argh!

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