Tag Archive | unempolyment
America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes
By Michael Snyder April 23rd, 2013 What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of […]
21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know
By Michael Snyder April 4th, 2013 If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since the 1960s. Yes, corporate profits […]
An economy of peak food stamp usage, peak Dow, and peak Debt: What does it say about our economy that at the same time the Dow Jones hits a peak?
An economy of peak food stamp usage, peak Dow, and peak Debt: What does it say about our economy that at the same time the Dow Jones hits a peak? The actual number is 47,791,966 Americans that now receive food assistance. What the media does not convey is that the stock market is largely not […]
A World’s Record: More Than 30% of U.S. Population Unemployed
A World’s Record: More Than 30% of U.S. Population Unemployed
Corporatism: A System Of Control Designed By The Monopoly Men Of The Global Elite
By Michael Snyder March 6th, 2013 The Dow is at a record high and so are corporate profits – so why does it feel like most of the country is deeply suffering right now? Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food […]
Rise Of The Droids: Will Robots Eventually Steal All Of Our Jobs?
By Michael Snyder, on February 4th, 2013 Will a robot take your job? We have entered a period in human history when technology is advancing at an exponential rate. In some ways, this has been a great blessing for humanity. For example, I am absolutely blown away by all of the things that my little […]
Shocking Numbers That Show The Media Is Lying To You About Unemployment In America
By Michael Snyder February 1st, 2013 Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics? Did you know that the increase in the number of Americans “not in the labor force” during Barack Obama’s first four years […]
The U.S. Has An Even Larger Gap Between The Rich And The Poor Than Downton Abbey Does
By Michael Snyder January 25th, 2013 There are two very different Americas today. In one, the stock market is soaring, high end homes are selling briskly, big banks and hedge funds are rolling in money as if the last financial crisis never even happened, and life is really, really good. In the other America, good […]
Why Americans Are Broke, And Getting Further In Debt
by Tyler Durden Just as the president reminded us yesterday we are not a deadbeat nation, merely borrowing money today to pay the bills of yesterday, so, as the NY Times reports in this all-too-real article, many of the citizens of the US are also living not just paycheck-to-paycheck but short-term-loan-to-short-term-loan. As one debt-consolidation service noted “They’ve been borrowing just to […]
35 Statistics About The Working Poor In America That Will Blow Your Mind
By Michael Snyder In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can. They are called “the working poor”, and their numbers are absolutely exploding. As a recent Gallup […]
We Are Witnessing The Slow, Tortuous Death Of The American Worker
By Michael Snyder January 14th, 2013 Once upon a time, the U.S. economy produced a seemingly unending supply of good paying jobs that enabled American workers to buy homes, raise families and live the American Dream. But now all of that has changed. Over the past several decades, there have been some fundamental shifts in […]
Baltic Dry Index Report Shows The Global Economy Is In Serious Trouble
The bottom line is that American consumers are broke (and hungry). But not only are we broke, we owe more than we can ever hope to make to pay back the loans we took on during ‘the boom times.’ The notion that we are somehow in an economic recovery while 100 million Americas are classified […]
We Are Witnessing The Death Of Small Business In America
By Michael Snyder December 13th, 2012 Historically, small businesses have been the primary engine of new job creation in the United States. If the economy was getting healthy, we would expect to see the number of jobs at new businesses rise. Instead, we are witnessing just the opposite. We are told that the economy is […]
Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months
by Tyler Durden 12/09/2012 And we thought last month’s delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and […]
15 Signs That The Economy Is Rapidly Getting Worse As We Head Into 2013
By Michael Snyder How can the mainstream media claim that the U.S. economy is “improving” when it is painfully obvious to anyone with a brain that the middle class is being absolutely eviscerated? According to numbers that were just released, the number of Americans on food stamps rose by more than 600,000 in a single […]
Unemployment Is Not Going Down: The Employment Rate Has Been Under 59 Percent For 39 Months In A Row
By Michael Snyder December 9th, 2012 The mainstream media is heralding the decline of the official unemployment rate to 7.7 percent as evidence that the U.S. economy is improving. But it is a giant lie. The truth is that unemployment in America is not actually going down. The percentage of working age Americans with a […]
From Good Jobs To Bad Jobs To No Jobs ~ The Tragic Downfall Of The American Worker
By Michael Snyder There was a time in America when virtually anyone that wanted a job could go out and get one and the United States boasted the largest and most prosperous middle class in the history of the world. Sadly, those days are long gone. Back in 1969, 95 percent of all men between the ages […]
Will The Bottom Fall Out? 15 Signs That Layoffs And Job Losses Are Skyrocketing
If you still have a good job, you might want to hold on to it very tightly because there are a whole bunch of signs that unemployment in the United States is about to start getting worse again. Over the past several weeks, a substantial number of large corporations have announced disappointing earnings for the […]
37 Facts That Show How Cruel This Economy Has Been To Millions Of Desperate American Families
Have you ever laid in bed awake at night with a knot in your stomach because you didn’t know how your family was possibly going to make it through the next month financially? Have you ever felt the desperation of not being able to provide the basic necessities for your family even though you tried […]
Obama And Romney Both Favor A One World Economic System That Kills American Jobs
Either way this election turns out, American jobs are going to continue to get slaughtered by the millions. During this campaign, Mitt Romney and Barack Obama have both attempted to portray each other as the “outsourcer in chief“. Unfortunately, they are both right. Barack Obama and Mitt Romney have both participated in the outsourcing of […]
Police: “Enter Detroit At Your Own Risk”
If you plan on visiting Detroit any time soon, the police have a message for you: “Enter Detroit at your own risk”. That ominous message was actually emblazoned across the top of a flyer that the Detroit Police Officer Association was passing out prior to a rally on Saturday. The flyer pointed out that Detroit […]
QE3: Helicopter Ben Bernanke Unleashes An All-Out Attack On The U.S. Dollar
You can’t accuse Federal Reserve Chairman Ben Bernanke of not living up to his nickname. Back in 2002, Bernanke delivered a speech entitled “Deflation: Making Sure ‘It’ Doesn’t Happen Here” in which he referenced a statement by economist Milton Friedman about fighting deflation by dropping money from a helicopter. Well, it might be time for […]
Things Are Getting Worse: Median Household Income Has Fallen 4 Years In A Row
New numbers that have just been released show that things are getting worse for American families. According to the U.S. Census Bureau, median household income declined to $50,054 in 2011. That is a 1.5 percent decline from the previous year, and median household income has now fallen for 4 years in a row. In fact, after adjusting […]
The Real Unemployment Numbers Are Worse Than You Are Being Told
According to the Obama administration, the unemployment rate in the United States has been slowly coming down over the past couple of years. But is that actually true? When you take a closer look at the data you quickly realize that the real unemployment numbers are much worse than we are being told. For example, […]
