Will a soft labor market slow a recovery?

     Tip:Today’s Labor Dept. report again indicates how the recovery continues to elude the job market,” says Christine Owens, executive director of the National Employment Law Project, an advocacy group for low-wage and unemployed workers. “The jobs recession has reached extreme levels.

     Some comments to the news:

     1)This the old equalizer, and the seperation will be profound, the middle class is all but gone, expectations will have to be reshaped, for a very long time.

     2) Given the trend in the state department of encouraging our businesses to move overseas, the regulatory hassles our government imposes and now cap and trade and more concern for illegal immigrants than US citizens, the federal government is America’s biggest enemy. Wake up we have work to do and a fight on our hands.

     3) The recession is systemic, it will last for years. Until we fix the fraud in the finance and insurance sectors, the system will continue to gyrate downwards. Bubble markets are bad, bubble markets filled with fraud are poison. Baby boomers have been burned twice by bubbles in less than a decade, think that they will be in a hurry to lose more money in the stockmarket? The Fed engineered a recessionless economy that never had a chance to really wring out the excesses. Now we are in a makeup depression where all sins will be reckoned with. There is no recovery without disaster.

     4) Everyone going broke? losing jobs left and right??…Here’s a great idea I got from our wonderful Prez! pass “comprehensive immigration reform” so twenty million or so illegal workers can get legal jobs!! WOOO YEAH!! That ought to take care of the working class. Then, let’s increase the H1B visas ten fold so We can import buku tech workers, Doctors,Nurses, ect…That ought to take care of the middle, and upper wage earners. Wake up folks, Our American politicians are not looking out for Our American Citizens anymore. Welcome to A global economy. Enjoy the ride, It’s gonna get rough.

     5)Yes, these statistics are out there. And yes, for the most part, it really is bad. However, at our small company we have two full time general office administrative openings available, and it’s like pulling teeth to even get people to apply, and most people don’t even want to come in for an interview. Basically, I feel like I can’t GIVE these jobs away, and I seriously get the impression from people that they simply don’t WANT to work. There are job openings galore posted online. If people really want a job, it’s become my theory that they just aren’t trying hard enough. 18 months ago, when I was unemployed, I busted by my butt to find a job, and found this one in under a month. My sympathy for the unemployed is starting to run out.

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