Apparently in local, state, and federal govt. According to the news 73% of the jobs filled in the last 5 months are in govt. positions. In other words for every new hire that is pulling the cart, 3 new passengers are riding in the cart. How is that helping anything?
Even though deficits rule the day at every level of government, according to the Bureau of Labor Statistics, of the 847,000 new jobs created since June, a full 621,000 were government jobs. In November alone, 35,000 new government jobs were created.
In other words, as the labor participation rate plummets to a thirty year low -- which means we have fewer taxpayers -- we're not only increasing the number of taxpayer-funded jobs, but the government is using the creation of these jobs to juice the employment numbers in a way that makes it look as though the job situation is actually improving.
I have applied for at least 50+ state positions, had 4 interviews, each time I was/am completely qualified, with over 25 years in my industry, but I did not get the job, I think I lack 1 or 2 "special" qualifications to land a state or fed job, it saddens me, AND pisses me off, that I am passed over because I'm a caucasian male, in my last job I worked directly with the state for over 3 years, when I would go to ANY state office, caucasian males were by FAR the minority, maybe 1 in 25 employee's, if not fewer, funny how affirmative action stopped being implemented when CM'S became a minority in the state,
Being unemployed myself, I don't sleep well and I listen to a lot of late night talk radio, last night one of the topics was Social Security, after hearing some of the facts/figures, I now have a better understanding of why it is doomed, unless some changes are made, I'll try to stick to bullet points,
*When SS was created, the average life expectancy was 63, so the average person never lived long enough to draw SS,
*Today the average life expectancy is in the upper 70's, SS was not designed/expected to make payments to ANYONE for 10-20 years,
*When SS was created, 16 people contributed to the program, for ever ONE person receiving SS, today the ratio is 3:1, by 2025, it will be 2:1,
There were some other eye opening stats, that I can't think of right now, and don't want to make inaccurate statements, one figure I do wish I remember is the $ figure that obama TOOK from the SS program for bozo-care, it was a large amount, from an already struggling program, but can't recall exactly what the number was,
So, I had just accepted what we are being told, SS is going to go broke if not adjusted somehow, I just didn't know exactly why, the 16:1 original ratio is now 3:1 and soon to be 2:1, and we live 15-20 years longer than we did when the program was conceived,
Part of the remedy will quite likely be to raise the retirement age up from 65, will probably go to 67, if not 68, money going INTO the system will have to be increased somehow, etc., it's going to take a combination of modifications to keep it running,
The 16:1 ratio, that is now a 3:1 ratio was the most striking fact to me,
Last edited by 1 Eyed Jack; 12-08-2012 at 11:02 AM..