This comes from Al Jazeera America! Not from the Lame Street Media! No more of the Obumbler administration hooplah check this out: During the recession, 3.8 million mid-wage jobs and 1.4 million low-wage jobs were lost. In contrast, during the recovery, only 700,000 mid-wage jobs and 2 million low-wage jobs were gained. Across the countries, the job market has seen wage stagnation, requiring people to become satisfied with lower salaries. With plenty of links @ http://america.aljazeera.com/watch/...nemployment-rate-understates-joblessness.html
Yes, that's true. I have looked at the numbers and the 'real' unemployment rate is more like around 9-12 percent. The rate of 'underemployment' is even higher than that. It's difficult to put an exact number on it because being unemployed does not mean that the person could not manage to get some type of job if they really tried. And some people simply do not have the money to go through a training program, or are simply not willing if they do not think the wages would be high enough. Then there is the issue of some people having partial disabilities or being older, it's not that they would be unable to work, but they are unable to do any of the limited types of jobs available. Having some disability can really cut into people's job options. As just one silly example, there's all sorts of careers you can't do if you happen to be color blind. Different regions of the country have different types of unemployment. In many of the urban areas it's more of a "working poor" type of problem where people cannot afford the high cost of housing. There are jobs available, but they are very menial and unpleasant, and of course low paying. Many people would prefer being unemployed in a low cost of living area than be working in a menial job and paying 75% of their paycheck to live in a tiny crappy apartment.
