Monday, June 6, 2011

Jobs

Bad news in the jobs market. More evidence that this economy is slow to recover with more questions of if this is the new way of things.

Here is a scarry stat:

a stalled job market with a scant 54,000 jobs created in May

Now consider this, it takes about 130,000 to 150,000 jobs per month to replace the retirees.

3 comments:

  1. I have remained fairly silent in regards to the nation's current economic turmoil. I attribute my silence to a saying from my childhood. "If you don't have anything nice to say, don't say anything at all."
    I have taken a pessimistic stance on the economy because I believe that the system we follow is fundamentally flawed and it is now finally exposing its true imperfections. The staggering unemployment rates are sadly the biggest sign of a nearing end. I particularly want to note about the technology factor mentioned in this article. Robots and simpler machines will replace humans with more efficiency and without breaks. Almost all jobs like cleaning and accounting can be easily performed by machines. I imagine when we achieve full technological dependence, the only human jobs remaining will be surgeons (who will use machines to operate on patients) and people related jobs like social workers and lawyers.
    Here's a link to an article I read that pertains to my mad man rant: http://www.converge.org.nz/pirm/nutech.htm

    I'm raising this issue because it personally affects me. While in school as a film student, I make my living as a projectionist in a movie theater. Being a projectionist requires certain troubleshooting skills as well as good hands. It is our job to build, clean, and thread every blockbuster that you'll be rushing to see this summer.
    With the recent invention and subsequent sales of 4K digital projectors, playing theatrical releases are as easy as pushing a button. Soon, every auditorium in every theater will play films with a digital projector. The image will be nearly perfect for every show without chemical splices or scratches, but my fellow projectionists and I will need to find other jobs. It's been announced that corporate owned theaters will entirely switch to digital projectors by the end of our next fiscal year. That doesn't give the old boys who have been threading since The Return of the Jedi much time.

    Emmett

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  2. I think that the whole unemployment system needs to be reworked. Yes, the economy makes it hard to get a job right now, it has been that way for several years now. However, it is equally easy to blame the bad economy for unemployment. I think a lot of people are using this bad economy to hide their laziness, or lack of motivation to work.

    First, I have found myself unemployed several times within the past five years, and each time I was able to find work relatively immediately. True,I don't have a huge salary or paid vacations to brag about but I do have a steady income with the potential for benefits. Do I hate the jobs I have had? For the most part, yes, but this is why I work hard to achieve a better life for myself. There are a lot of people out there that are too proud to take some jobs or some pay rates, and they are the ones who are unemployed and without a paycheck at the end of the week.

    Second, unemployment benefits. Does our country make it too easy to be unemployed? I personally think so. I am not proud to say that I have had the "pleasure" of talking to several people who pride themselves with taking advantage of the system and collecting unemployment checks. "It's easy," they say. This is perhaps what infuriates me the most about the system. My hard earned paycheck gets massacred with taxes that go to pay for my cousin's lazy boyfriend who sits on our the all day watching Jerry Springer. Perhaps if our government made it harder to receive unemployment, or made the window of eligibility shorter, it would give people more incentive to get off the couch and make their own money, which in turn would help with the unemployment rate a little.

    Kathleen

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  3. This is very frightening when I left the job market seven years ago there was plenty of work in my chosen field. I wish now I had never left and the way things sound I am probably wasting my time going to school to increase my potential worth. I hope when I graduate there is employment for me out there. An education does not feed a hungry belly. Sharon L Schafer

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