NEW YORK, Sept. 1, 2008
Data: Workers Worse Off On Pay, Employment
530,000 Were Subject To Mass Layoffs In The Last Year, According To Labor Scorecard
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In its first national labor scorecard, the Rutgers School of Management and Labor Relations said more than 10 percent of Americans are unemployed, discouraged from seeking work or underemployed. That is a nearly 25-percent increase from one year earlier.
Professor Douglas Kruse, a labor economist who created the scorecard, said a sharp decline in the number of Americans able to find full-time jobs, along with growing consumer debt and health care costs, were causes for concern.
"But there are some bright spots long term," Kruse said, including improvements in workplace safety, a small but growing percentage of employers offering support for childcare and employee wellness programs, and more Americans who are completely satisfied with their jobs.
Meanwhile, the Labor Department last week said the number of people signing up for jobless benefits declined for the third straight period, but remained above 400,000 - an indicator of a slowing economy.
The Rutgers labor scorecard offered other sobering findings:
The scorecard, which doesn't assign grades but charts whether indicators are improving or getting worse, is based primarily on data from the federal Bureau of Labor Statistics.
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See all 68 CommentsThe Republican solution--give more money to Billionaires and Corporate Fat Cats. It will trickle down on your heads.
Obama/Biden ''08! About time for a change!
Wallstreet / Coprorate / Wealthy greed have consumed much of what made America great. Now with the majority of people enjoying a considerably smaller portion of the pie the people are getting very angry, and are losing patience.
Workers are now forced to pay more and more into their healthcare, they are being denied stable pension plans, they are watching their wage increases lag behind inflation, and their watching the prices of everything slip beyond their means.
If this country does not wisen up there is going to be increasing violence, theft and hate...
I think, in these difficult times, its more important that we bail out banks and other financial institutions and give $30 billion in low interest loans to our auto companies. Clearly, some institutions in America are ''too big to fail'', and the unemployed aren''t one of them. Those people should just ''get a job''.
(sarcasm off)
One of the 1st things Bush did in his presidency is give the welahty and corproations tax breaks with the belief it would strengthen out econmy.
Here we are almost 8 years later... Does anyone believe it worked ???? Where are all those newly added high paying jobs ??? why is the economy in a huge tailspin ????
The only reason the unemployment rate is so high is because those people can only hire so many maids, chauffeurs, groundskeepers, and ''boys''.
WELL---if that''s the standard RepubliCONs want to use---oops!---they''ve lost already!
But, no---I imagine this election cycle the ''goalposts are going to get moved'' AGAIN!
OOPS! They already have been! Now, it''s vote for them to fix all these problems---the only problem with that is, they are the ones who created all these problems they now want to FIX! Sounds kinda loony to me---like a bad B-movie, yet it''s reality! It''s time to end this bad flick!
Such a tariff discourages US corporations from outsourcing, it encourages foreign companies to locate in the USA, and it gives consumers a good reason to save instead of consuming. All positives compared to our current government policies of weakening the USA.
The only reason the unemployment rate is so high is because those people can only hire so many maids, chauffeurs, groundskeepers, and ''''boys''''.
Posted by ubrew12 at 02:47 PM : Sep 01, 2008
+ report abuse
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these liberals should had thought of that before they majored in "maids, chauffeurs, groundskeepers, and ''''boys"....
was skipping school and smoking dope instead all worth it??
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Oh look! A Belgianweiser drinker came on...HAHAHAHAHA!!!
was skipping school and smoking dope instead all worth it??
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Posted by libsluv2spit at 03:15 PM : Sep 01, 2008
You cannot be serious to think your statement has anyhing to do with the problem in this economy. Your the typical neo-con short sighted dimwit that is to blame for the mess this ocuntry is in. If you want capitalism to work, you have to ensure thepeople in this ocuntry have opprotunity to make good money, other wise they won''t spend any money and everyone will suffer.
it''s a common sense issue. You need to get the money inot the workers hands or the economy will not get better.
was skipping school and smoking dope instead all worth it??
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Posted by libsluv2spit at 03:15 PM : Sep 01, 2008
Yep another 6th grade drop out. Someone told this bone head some time ago that "Liberal''s" were to blame for all the worlds wrongs and he doesn''t have the intelligence to KNOW he''s living in a Nation CREATED by LIBERALS... The 40 HOUR work week! Liberals! Child Labor Laws? Liberals! Doesn''t matter to this Knuckle Dragger... he''s going to hoist that Confederate Flag and Hate them there "Libs". ROFLMAO It''s no wonder we are living with the WORST in our history and this BOZO is trying to get us to vote for a 72 year RICH Fossil. LOL Now come on... Put on your hood and sheet... let''s let the Fuhrer here you all the way to Texas!! Ready?? Sieg Heil McBush
eight from Asia speaking no English, Secretary Chao''s experience transitioning to a new country inspired her to dedicate most of her professional life to ensuring that
workers have access to opportunity and the chance to build better lives.
Since her confirmation by the United States Senate on January 29, 2001, she has been dedicated to carrying out the Department''s mission of promoting and
protecting the health, safety, retirement security, and competitiveness of the nation''s workforce."
One day - in the middle of the Wallstreet down turn - only that day the stock came back up a little bit (green). What did Ms. Elaine L. Chao do?
She came forward and made announcement to the media and stated "See, the US economy is improving and job is growing."
Elaine L. Chao - what an IDIOT she is!
Then of course, we all know whom she''s working for - don''t we?
Her two idiot bosses - JWB and D-i-c-k Cheney - a.k.a. Dumb and Dumber.
If it wasn''t obvious before, it should be now: These people confuse consistence with thought.
The keynote address at the GOP convention might as well be: "WE ARE THE BORG. YOU WILL BE ASSIMILATED."
Posted by ubrew12 at 04:47 PM : Sep 01, 2008
lollll...nah...assimilation into the Borg makes you an equal among equals.
Now if the Borg said:
"WE ARE THE BORG. YOU WILL BE BURNED AS FUEL TO GET US WHAT WE WANT UNTIL YOU ARE CONSUMED."
THEN you''d have a Republican.
...which is why a lot of corporations lay of in steady small increments, so as to avoid the infamy of being corralled under the banner of "mass layoffs".
It scares the stockholders...
Get people working again at something other than service occupations.
Posted by httpwwwnews
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Even Obama has said manufacturing won''t be coming back. (otherwise I would have included that snippet in the quote.)
With even anti-tax Republicans saying we need to tax imported goods and services to keep jobs here, I''m genuinely surprised it''s not being considered.
That''ll make the national debt permanent.
Which''ll make the devaluation of the dollar permanent.
Which''ll make the devaluation of ANYONE who earns dollars permanent.
Which''ll make the inflation of EVERYTHING purchased with dollars permanent, and result in the permanent ownership of American workers by foreign capital.
So nice to know that Republicans aren''t going to ''tax'' us...
If they knew anything about an economy, how can gas prices be out of control?
How could the dollars value be driven so low?
How could millions of homes be forced into foreclosure?
How could millions of jobs be snet overseas?
How could the value of a dollar be less than a dollar?
How could anyone vote for more of the same? Or think that somehow, now they have a clue what to do?
Amazing, there is even ONE person who would vote for them. Dont get me started on EXPERIENCE ! Ya, that Palin has a whole bunch....changing diapers.
Um, do you think Romney, Liebermann and Huckabee are happy about now?
McSame just openly slapped them and their long careers in the face. Ya, you''re showin'' good experience their exxon john.
While the Bush-lovers have been ranting and railing against "dem immigrants taking our jobs", without any complaint from his "base" Bush has outsourced all our jobs, bankrupted the country, and hocked our future to the Chinese. At the same time, he has destroyed our infrastructure, let whole cities drown without lifting a finger to help, championed torture of the innocent and guilty alike, lied to start an illegal war, lost the war, lost this country the respect and admiration of the world, lost almost all our allies, etc. etc.
Bush is the WORST PRESIDENT OF ALL TIME, and now Johnny McSame wants to continue in his footsteps! No effing way, Jose!
Tax the rich at higher rates than others.
The heck with what Dr. King said; people of color should be given more than whities.
OBAMA 08 "Change"
( To Racism, Socialism, Communism)
So, what can this spawn of evil do to forstall the inevitable? Ah... of course... a manufactured emergency (Georgia was a nice try) and martial law. No elections, Bush forever.
Have you read where they have like 14 massive concentration camps already built for illegal aliens so they say (Google it and learn), or perhaps dissedents, those who disagree with the fascist regime.
This is not the America we grew up in. Yeah, I wanted to fight terrorism, but I don''t want terrorist fearmongers running our government as we do now. Idiot cowards who''ve lost their way and no longer believe in the evolving dream that is America will sell us all out to their fascist (Google that word too while you''re at it) dream of world domination because they''re too afraid of competing in the world on our own merits, because they really don''t believe in America... just profits.
I honesty believe that we''d kick anybody''s a$$ if they really gave us some s**t... for real. We''re better than the lying *** who''ve led us to McShame over the last 8 years.
Missle defense spending? How stupid are you? Here. Drink this Koolaid... it'' tastes GREAT!
No. Actually we need unions to keep your keepers from raping the middle class. You''re all smug in your BMW''s, portfolios and UMC digs, but just think how easy that will be lost when real Americans decide to take back our country from you subversive mofo''s. You''re cool, you got the bucks, the education, the contacts, the beamer... and you you wear a suit and loafers to a wargame. Tsk tsk.
by hazelknows at 09:47 PM : Sep 01, 2008
Don''t lose focus on your second point. It''s NOT that John has 7+ homes, it''s that his mind is so far gone that he can''t keep track. How could a single person vote to put a mind like that in charge of the Presidential pen, let alone sell flair pens at the drugstore.
Shocker...
Where do these Bush supporting morons live (under a rock in the desert...). The McSAME borrow, tax, and spend RepubliCONs out of touch with just about everything. RepubliCONs building a better Soviet America for All.
Oh that''s a shocker... lol!!
"Hi. I''m Mrs. Palin. I believe that physical attributes are more important than other considerations, therefore I enter and win beauty contests. My teen daughter gets pregnant and since I oppose abortion I can''t allow her to get one, so I will force her to raise a child completely unprepared mentally, physically and possibly financially. If I weren''t running for vice prez I''d toss the little tart out on her ear. Oh. My running mate McSame is 72 years old and has had cancer four times. I''ve been the governor of an itsy bitsy (population wise) backwater state for a couple years and I''ll be just a mere heart attack away from the Button at 3:00 AM. Hi. I''m Mrs. Palin. Be sure to vote for McSame!!"
Scary stuff, ain''t it??? hehe
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