by justinb
12. November 2009 19:36
We continue to hear that job growth is on the way, but how do you eat today waiting on the so called job growth tomorrow? That is the reality that long running unemployed job seekers are faced with now.
The latest feedback on the economy, in terms of the return of jobs, essentially points to 2012 as the target year where real measurable results are seen with respect to job growth. OK, hummmh - so what about the 15 million that are unemployed today? It is expected that these job seekers should have an additional two years of cash reserves on hand waiting for the economy to recover? Without any clear description of the what safety net job seekers have, until then, basically the feedback suggests that there are two options:
- Hope on hope.
- Hope on hope and eat less today.
Obviously, neither of those options provide an real sense of hope to the unemployed. Its like choosing the lessor of two evils both of which are pointing down a dark road. As if that isn't enough, many job seekers are faced with their unemployment benefits exhausting by the end of the year. So let's look at this picture again - unemployment benefits are expiring in just over a month and jobs are supposedly scheduled to return two years after unemployment benefits expire. Sounds like a railroad job to me.
While all this is ongoing, the larger question is what exactly are the Feds doing to fix the problem? Perhaps you already heard the "public statement" that some 640,000 jobs have already been created and/or saved. Go figure. It really makes you wonder just how much influence or power the government has to fix the economic mess? So if the government doesn't have the power or influence to fix this mess, with the unemployed, than who does? The private sector maybe? You mean the same private sector that has the current stock market rally at 12 month highs, yet the jobless rate continues to climb? So the hopes of 15 million unemployed rests with the private sector that seemingly has little to no interest in social responsibility. That's bad...really bad. We're going to have an even greater mess than we do now, very soon, if real action isn't taken to correct the current jobless situation. On the other hand, just how exactly is that going to happen when the private sector has more power and influence than the government?
Oh well, looks likes the 15 million unemployed will have to accept a good luck wish. Needless to say, good luck isn't exactly a strategy that will put anyone back to work. Thus eating today is a challenge, at best, while waiting on job growth recovery tomorrow. Try paying your rent or mortgage based on speculation that jobs will return in 2012. Maybe after some 15 million unemployed seek refuge under bridges across the US, then maybe something will be done - just maybe. 
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Tags: job growth tomorrow, job growth 2012, stock market rally jobless rate climbs, waiting on job growth, waiting economy recover, hope on hope, hope on hope eat less, unemployment benefits expire, government fix economic mess, private sector social responsibility, private sector more power government, current jobless situation, stock market rally jobless rate continues
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