Unemployment - The Reality

[CoreIssue]

Employment is up.. but, it is mainly part time jobs.

Wages are up, but still way below historical numbers.

The Feds say unemployment is down. But, that is because they cooked the numbers to look better.

So, where do we look for some kind of accuracy? Good question I am not sure anyone can really answer.

So, let me toss on one to at least consider:

Shadow Government Statistics​

 

[CTZonEdit]

The economy is no where near as healthy as they proclaim. Debts have never been higher.
And since we are now a world economy just wait for something overseas to cause another recession more massive than the one we just had except it will be worldwide.

People are still working 3 and 4 part time jobs just to live minimally and they are making careers out of them. Part time work and low wage jobs were never meant to be careers. They were meant to get you experience so you could move upwards and on wards. Now working at a burger shop gets you 15.00 and hour career? Seriously?

How about adjusting ALL pay scales up where they should be. Blue and white collar workers would be making $30 and $40 and hour.

 

[CoreIssue]

So true, CTZ!

Greece has markets running scared.

With raises in California and some other places companies are copying Japan, in example, in fast good. Automated vending machines that travel around by tables.

Makes the brain hurt.

 

[CTZonEdit]

You can bet that McDonalds is really investing in automated ordering now to save on those wages.
No need for cashiers when this can be done from your smartphone or from a kiosk in the store.