Stephen Arnold: Technology Disruption Easily Anticipated — Plan for Massive Unemployment!

Expect Disruption from Future Technology A dystopian future where technology has made humanity obsolete is a theme older than the Industrial Revolution.  History has proven that while some jobs are phased out thanks to technology more jobs are created by it, after all someone needs to monitor and make the machines.  As technology grows and …

Antechinus: US Unemployment 23% in July 2015 — ShadowStats

The ShadowStats Alternate Unemployment Rate for July 2015 is 23.0% The U-3 unemployment rate is the monthly headline number (5%). The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment …

SchwartzReport: Feds Lie, Marijuana Good… Could Marijuana Plus 9/11 Plus Unemployment Plus Wanton Wars Lead to Electoral Reform?

I think this essay is stating the truth. I have read stuff coming out from the government on the subject of marijuana so flagrantly wrong that it has to be deliberate. Nobody speaking truthfully about the present state of research could possible make those statements. The Feds Are Incapable of Telling Truth About Pot PAUL …

Eagle: Misery Index 2.0 – Real Unemployment, Real Income, Labor Share, Money Velocity (Charles Hugh Smith)

The New Misery Index Charles Hugh Smith The Status Quo is desperate to mask the declining fortunes of those who earn income from work, and the Misery Index 2.0 strips away the phony facade of bogus unemployment and inflation numbers. The classic Misery Index is the sum of unemployment and inflation, though later variations have …

4th Media: 80 Percent of U.S. Adults Face Near-Poverty, Unemployment

80 Percent of U.S. Adults Face Near-Poverty, Unemployment Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the …

Jim Clifton (CEO at Gallup): Unemployment will Get WORSE in 2014

Unemployment Will Get Worse in 2014 President Barack Obama gave a major economic policy speech yesterday. Here’s what he didn’t say, and probably won’t ever say: Businesses will not begin new, significant hiring this year or in 2014. Business leaders around the country tell me they’re not thinking about new hires right now. Rather, their …

Paul Craig Roberts: Government Lies on Unemployment — New Book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West

Phi Beta Iota:  In one sentence: unemployment is 23% (40% among recent college graduates and those well past mid-career); inflation is 9.1%. Staring Armageddon In The Face But Hiding It With Official Lies According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have …

SmartPlanet: World Unemployment Rising, Western World Unemployment Has Global Impact

World unemployment rate on the rise By Tyler Falk | January 22, 2013, 7:06 AM PST Despite two consecutive years of falling global unemployment, the number of jobless is once again on the rise. And projections for future years aren’t looking much better. According to a new report from the International Labour Organization, the global …

Paul Craig Roberts: The Real Unemployment Rate(s) — and Tips on Getting Past USAJobs Guilloutine

Paul Craig Roberts: The real unemployment rates – a study in information credibility Official Unemployment: U.3  8.1% Mid-Term Real Unemployment:  U-6 14.7% Actual Unemployment (All):  22.4% and rising Includes analysis of the new jobs (not enough to provide for those new to the employment market such as immigrants and graduates).  Bottom line: bar tenders and …

Joshua Kilbourn: ShadowStats Truth on Unemployment versus USG Lies

John Williams – Unemployment Rate at a Staggering 22.2% John Williams, of Shadowstats, notes that manipulated government statistics are not changing the fact that the true SGS Unemployment Measure now sits at a staggering 22.2%.  Williams also demonstrates that despite the hype from Wall Street about a recovery, parts of the economy remain collapsed.  Here …