Published on November 7th, 2009 | by Scallywag3
It’s official: the unofficial unemployment rate is 17.5 %.
Watching the divide between the haves and the have nots getting wider. Capitalism in overdrive.
Out of the NYT’s comes the disparaging news that life in America is slowly becoming a train wreck that you have very little control over. Sensing that the drivel that the official unemployment rate is only 10.2 % the NYT’s dared to wonder what the actual unofficial unemployment rate is and the news isn’t exactly comforting.
What is perversely comforting is that if you happen to be employed your wages have actually gone up an adjusted one percent since a year ago (of course if you happen to be a wall street peon, your pay packet has gone up considerably more). But if, on the other hand, you are looking for work, finding it has become a terrifying experience with very little payoff. Most employers are not hiring (because they are making current overworked employees do the work you once stood a chance of doing). What does this all mean? In short, it means if you can’t figure out how to be gainfully employed or create your employment/business opportunities (after all this is America), you will be spending the rest of your (shortened) life miserably poor. But at least you will get to watch the TV hoopla you always complained you could never get enough off.
Getting ahead in America is getting tougher but at least if you are photogenic, obnoxious or somehow gifted at the gab, you always have the option of becoming a reality star misfit. We look forward to seeing your scrawny ass on the front cover. Good luck!Broader Measure of U.S. Unemployment Stands at 17.5%