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{CC}StealthBlue
United States41117 Posts
On September 28 2009 13:21 Jayme wrote: You're kidding right? This is just one of those "it's so obviously wrong it's funny" type of posts right? The answer is in my post history. | ||
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Ingenol
United States1328 Posts
The worst part is that even though things will likely recover in the next several years, the "recession" following this one will happen shortly thereafter--the time between recessions has shrunk consistently since the depression--and in all likelihood will be even worse than this one. Edit: I'd also like to add that--despite popular opinion to the contrary--the government cannot "create jobs" in a true sense, since the creation of jobs requires the concomitant generation of wealth. Since government can only redistribute wealth (although I personally hold they should not), this is impossible. | ||
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Polar_Nada
United States1548 Posts
hopefully it can end before i graduate :/ | ||
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GreEny K
Germany7312 Posts
On September 28 2009 13:21 Jayme wrote: You're kidding right? This is just one of those "it's so obviously wrong it's funny" type of posts right? LOL,??? the recession started before he was even in office. But anyway, this really makes me appreciate that I have a well paying job and it is pretty unusual for a 19 year old to have. I am an IT analyst for a law firm in Cleveland, the biggest in Cleveland actually. Funny thing is, i didnt even look for the job, it was offered to me while i was in High School because of the advanced classes i was taking involving computers. They thought they could get me to do the job for less money and I still managed to get 12 hourly for it. Now they are doing some paperwork to get me going full-time and pay for my schooling. Lucky me i guess. | ||
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Kaialynn
United States242 Posts
Guess this sucks for them :/ So glad i'm in college instead of trying to look for work. | ||
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Meta
United States6228 Posts
I've still got two years of education left, though, so hopefully things will smooth over by then :D | ||
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Klockan3
Sweden2866 Posts
On September 28 2009 13:41 GreEny K wrote: LOL,??? the recession started before he was even in office. But anyway, this really makes me appreciate that I have a well paying job and it is pretty unusual for a 19 year old to have. I am an IT analyst for a law firm in Cleveland, the biggest in Cleveland actually. Funny thing is, i didnt even look for the job, it was offered to me while i was in High School because of the advanced classes i was taking involving computers. They thought they could get me to do the job for less money and I still managed to get 12 hourly for it. Now they are doing some paperwork to get me going full-time and pay for my schooling. Lucky me i guess. 12 hourly is well paying? | ||
motbob
United States12546 Posts
For someone w/o a college degree getting an entry-level job? Hell yes it is. | ||
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EchOne
United States2906 Posts
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JeeJee
Canada5652 Posts
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jfazz
Australia672 Posts
On the other hand, I have friends who are working full time right now, since leaving high school that are earning a lot more than I am (I think $46,000AUD is the highest currently), but once I finish my masters (LLM in contract law and equity) in three years ill earn $100,000AUD+ - is it a similar situation in the US with regard to the importance of qualifications? | ||
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mOnion
United States5657 Posts
the highest US unemployment ever got to was 25%, and that was the shitter. the idea that we're in a 50% unemployment rate is just ludicrous. false stats out the ass | ||
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Kaialynn
United States242 Posts
On September 28 2009 14:16 mOnion wrote: this is false, there's no way. the highest US unemployment ever got to was 25%, and that was the shitter. the idea that we're in a 50% unemployment rate is just ludicrous. false stats out the ass Overall unemployment != young people employment. Glad you read the article. | ||
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d3_crescentia
United States4054 Posts
On September 28 2009 14:07 jfazz wrote: this is a real eye opener, i wish you guys best luck! Im a full time law student and I still have a $25AUD/hour job in retail. Is there a very stark discrepancy between work with a degree and work without a degree in the US? Here, i know many people who are career retail or hospitality that earn as much or more than people with degrees (not always the case, but it does happen). On the other hand, I have friends who are working full time right now, since leaving high school that are earning a lot more than I am (I think $46,000AUD is the highest currently), but once I finish my masters (LLM in contract law and equity) in three years ill earn $100,000AUD+ - is it a similar situation in the US with regard to the importance of qualifications? there definitely is, but at this point it seems like a Bachelors' counts for much much less... it seems that a lot of the jobs are getting taken by people who are overqualified (i.e. Masters degrees) but were laid off earlier in the year | ||
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mOnion
United States5657 Posts
On September 28 2009 14:18 Kaialynn wrote: Overall unemployment != young people employment. Glad you read the article. kk, lets take a gander at the definition of unemployment shall we? Unemployment is the state of an individual looking for a paying job but not having one. Unemployment does not include full-time students, the retired, children, or those not actively looking for a paying job. based on my basic knowledge of economics so the fact that this statistic includes 16-24 is a completely arbitrary and unrepresentative statistic of the state of the economy as it is now. | ||
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PobTheCad
Australia893 Posts
On September 28 2009 14:21 mOnion wrote: so the fact that this statistic includes 16-24 is a completely arbitrary and unrepresentative statistic of the state of the economy as it is now. its only representing youth - 16 to 24 which represents the future of the economy and the people who are supposed to be paying for the baby boomers retirements fact is more older people are staying in the workforce longer cos their super collapsed = fewer job openings | ||
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VorcePA
United States1102 Posts
On September 28 2009 14:21 mOnion wrote: kk, lets take a gander at the definition of unemployment shall we? Unemployment is the state of an individual looking for a paying job but not having one. Unemployment does not include full-time students, the retired, children, or those not actively looking for a paying job. based on my basic knowledge of economics so the fact that this statistic includes 16-24 is a completely arbitrary and unrepresentative statistic of the state of the economy as it is now. No. Unemployment is based on the number of people receiving unemployment benefits divided by the number of working people. Las Vegas has a 12.8% unemployment rate. The real figure of unemployed for those aged 16-65 is probably above 17%. Also, the article states, and I quote: During previous recessions, in the early '80s, early '90s and after Sept. 11, 2001, unemployment among 16-to-24 year olds never went above 50 percent. Except after 9/11, jobs growth followed within two years. That's a good basis for noting a problem. | ||
IntoTheWow
is awesome32278 Posts
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Kaialynn
United States242 Posts
On September 28 2009 14:21 mOnion wrote: kk, lets take a gander at the definition of unemployment shall we? Unemployment is the state of an individual looking for a paying job but not having one. Unemployment does not include full-time students, the retired, children, or those not actively looking for a paying job. based on my basic knowledge of economics so the fact that this statistic includes 16-24 is a completely arbitrary and unrepresentative statistic of the state of the economy as it is now. So someone at the age of 18+ is still considered a child? This is a strawman argument, you're pointing out that children are not included in unemployment numbers, when the definition of a child is (at least, in colorado) someone who is under 18. This article isn't trying to point out how horrible our economy is overall rather, it is trying to point out that kids who are younger will have a difficult time moving out of the parents home and into the world, and almost are forced to go to college and take out large loans without the chance of getting jobs. Yes, this whole article may be arbitrary to the state of the entire economy, but it's not talking about the entire economy. Maybe i'm taking this article the wrong way, but this is the way i see it. | ||
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mOnion
United States5657 Posts
On September 28 2009 14:27 Kaialynn wrote: So someone at the age of 18+ is still considered a child? This is a strawman argument, you're pointing out that children are not included in unemployment numbers, when the definition of a child is (at least, in colorado) someone who is under 18. This article isn't trying to point out how horrible our economy is overall rather, it is trying to point out that kids who are younger will have a difficult time moving out of the parents home and into the world, and almost are forced to go to college and take out large loans without the chance of getting jobs. Yes, this whole article may be arbitrary to the state of the entire economy, but it's not talking about the entire economy. Maybe i'm taking this article the wrong way, but this is the way i see it. bustin out the strawman fallacy eh? nice to see someone else who actually studied logic. i didnt really take any time to phrase my opinion, i was just typing and eating ice cream ^^ idunno, i dont really care, i have a job so wtfusabbq? | ||
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