Our nation's debt is literally indenturing our children to our international debt holders, but most Americans don't care because they are more concerned about the latest saga involving Snooki on Jersey Shore rather than what really matters, our country’s future.

Monday, March 21, 2011

Unemployment Actually 10.2 Percent, 1 in 5 Workers Can’t Find Full-Time Job, Says Gallup | CNSnews.com

More bad news on the employment front.

(CNSNews.com) - One out of five American workers who wants a full-time job cannot find one, according to a Gallup survey released today.

This news comes 25 months after President Barack Obama signed a stimulus law designed to keep the U.S. unemployment rate under 8 percent.

Gallup derives what it calls the “underemployment” rate by combining the percentage of unemployed workers with the percentage of workers who are employed only part-time but want a full-time job.

As of mid-March, Gallup reported in its new survey, 10.2 percent of American workers were unemployed and 9.7 percent were working part-time but wanted a full-time job. That equals an underemployment rate of 19.9 percent—or approximately one out of every five workers.

According to Gallup, the employment picture in the United States is virtually unchanged from a year ago.
In mid-March 2010, 10.3 percent of American workers were unemployed and 9.7 percent were working part-time but wanted a full-time job--yielding an underemployment rate of 20.0 percent. That compares to today’s 19.9 percent underemployment rate.
Read more here: Unemployment Actually 10.2 Percent, 1 in 5 Workers Can’t Find Full-Time Job, Says Gallup

By now everyone has a friend or relative that is either collecting unemployment or has taken any job just to keep food on the table. Is it any wonder that the Wisconsin government workers get so little sympathy from the average Joe, who would love that guys job who called out sick so he gets paid by the state and gets to hurl insults at the Governor. Unionized government workers are bad news for taxpayers.

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