tag:blogger.com,1999:blog-7895164153505105997.post2848159044964654553..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: 19.93 Million are Unemployed and Want a JobBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7895164153505105997.post-27393852823615530412013-10-11T20:52:41.199-07:002013-10-11T20:52:41.199-07:00It's OK to be an older worker – as long as you...It's OK to be an older worker – as long as you don't lose your job (By Allison Linn, CNBC) <br /> <br />If an older worker loses a job, the length of time that person will stay unemployed is typically much longer than for any other age group...There were 31.6 million employed people aged 55 and over in July, according to the BLS, up from 25.9 million in July of 2007...It generally takes much longer for people who are 55 or older to find a new job if they do become unemployed.<br /> <br />“It is much more of a catastrophic event if you lose your job at 57, 58,” said Dean Baker, co-director of the Center for Economic and Policy Research. That’s an age when many people are at risk of falling through the cracks, because they have not yet saved enough to retire and also are too young to collect Social Security and Medicare.<br /> <br />http://inplainsight.nbcnews.com/_news/2013/09/05/20327882-its-ok-to-be-an-older-worker-as-long-as-you-dont-lose-your-job?lite<br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-54361471779380831242013-10-11T20:16:19.586-07:002013-10-11T20:16:19.586-07:00I have come to the conclusion:
On one end of the...I have come to the conclusion: <br /><br />On one end of the spectrum we have high school grads (and dropouts) who only have a slight chance of finding any job at all --- whereas on the opposite side of the spectrum, we have older workers over 50 years old with a Ph.D. and/or 35 years of work experience who can't find a job either. But younger people (say around 30 years old with a Masters degree) might find a job bartending, driving a cab, working at Walmart or flipping burgers at a fast-food restaurant.<br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-88155197580979819552013-10-11T13:07:28.747-07:002013-10-11T13:07:28.747-07:00ALSO SEE:
Employment Research and Program Develop...ALSO SEE:<br /><br />Employment Research and Program Development<br /><br />http://www.bls.gov/ers/Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-63717245205665006402013-10-11T13:04:30.024-07:002013-10-11T13:04:30.024-07:00Where can I find this info?
The Hill (from Decemb...Where can I find this info?<br /><br />The Hill (from December 2010) - The federal agency that tracks unemployment is changing its methods in an effort to more accurately gauge the severity of the nation's jobless woes. Citing "an unprecedented rise" in long-term unemployment, the Labor Department's Bureau of Labor Statistics (BLS) announced it is changing its upper-limit for tracking long-term unemployment from two years to five. Beginning next month, BLS will send out modified forms that will allow people surveyed to mark if they have been without jobs for "260 weeks or over." Previously, the form had only asked if jobless stints had lasted "99 weeks or over...According to the BLS, almost 10 percent of the country's 15 million unemployed [as of 2010] have been looking for work for more than two years."<br /><br />http://thehill.com/blogs/on-the-money/801-economy/135251-government-expanding-tracking-of-long-term-unemployment<br /><br /> <br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-61051675115690760552013-10-11T12:39:33.702-07:002013-10-11T12:39:33.702-07:00Since 1979 the manufacturing sector has lost 7.5 m...<br />Since 1979 the manufacturing sector has lost 7.5 million jobs (now add the "muliplier effect" to this.) Now consider how many good-paying jobs we'd have today if not for offshoring these jobs overseas.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com