Posted by: coastcontact | August 2, 2013

Elusive Solution for Unemployment

It’s a dog eat dog world.  For most people the attitude is your unemployment is not my problem.

If you were hoping that congress might pass some laws that would stimulate hiring, you will be disappointed.  Members of Congress are more concerned with their own employment than employment for everyone else.  Today is the last scheduled work day before both houses will recess until September 9.  Other than lowering taxes or starting major infrastructure projects there really is very little they can do to encourage employment.

Businesses look for ways to reduce their labor costs.  That means outsourcing and automation.    Today’s monthly employment report offers little hope for any significant relief in the next year.

The labor report says “In July, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 4.2 million. These individuals accounted for 37.0 percent of the unemployed. The number of long-term unemployed has declined by 921,000 over the past year.”

If you really want to work you will have to take extraordinary measures.  It might mean moving to North Dakota (you can make $15 an hour serving tacos, $25 an hour waiting tables and $80,000 a year driving trucks). An alternative might mean moving out of the country (jobs in Alberta, Canada thanks to oil sands extraction).  Filipinos have emigrated throughout the world to obtain work.  Why not Americans?


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