reply to post by Valeri
To add.
Why don't they show the numbers for a couple of more.
The massive infux of people that are still looking, but unemployment has run out. It started last month. Look at the point difference between U3 and
U6. It has been mostly tit for tat until this last month.
I guess were too busy worrying about getting a healthcare bill that we can't pay for instead of getting people jobs.
The other number that never gets counted is self employed. Millions of small businesses have gone under. Just those owners add up to a great some and
would add a couple of percent to the factor. Most do not get unemployment. Contracts are a big category. Which I fall under.
I am an engineer, but there are many types including sales, construction, etc. that do not get to collect. We are the first to go when things get
bad.
We are also the first to go back when things come around, as companies on a build up do not want perm. employees until things are stable in a
climb.
It's been about a year since Congress opened their damn mouths about the private jets. 10's of thousands of jobs lost just because of that.
What was the real cost? They are real idiots.
All I can say is that my phone is not ringing to go back to engineering.
I am at a very Senior level for systems as a Consultant. Sad really. You wonder why engineering is in sad shape in the US. It is driven completely by
cost. The foolish part is, is that I can do the job of four to five, and only cost as much as three.
Luck has it, that I can and have done a lot more than just Engineering. I've been a business owner, with 35 employees. I've been a broker, which I
do not want to do again. Plus if it gets down to it, I know which end of the screwdriver to use and can work on anything including building houses and
woodwork.
When the time comes, if it does, I will within one year have gone from over 200k to maybe 30k if I am lucky. Thank goodness we are not in debt, as I
almost always pay cash.
I have started a new business in helping people start or expand business. I have found plenty of funds available. 100's of millions for this.
The only thing at this point, holding us back, is the willingness to take risk and go into business.
That is the hardest part.
People got to acustom to having someone else do all their money with retirement and having a job. If they would step up to the plate, job can be
created, and the small businesses can once again rule.
I am sorry for the long rant. This is the first time I have laid my problems out online anywhere. It just seemed like the right thread at the right
time.
Please Prosper
j2000