States with the slowest recoveries
While much of the focus has been on unemployment, jobs are not the only factor determining how states have fared since the recession.
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Here in CA the true unemployment is something like 30%. Over 20% of them are returning military and or recent discharges from the military. The other ten percent are people like me who have been searching for more than 6months for A JOB. I happen to be one of those that ran out of all unemployment in less than a year.(something wrong there I think)
The truth is, there is no recession there is no bad economy, The companies that survived the "hic-up" are turning record profits and doing more business now that they ever have....The issue is the disparity between "jobs" and people.
I have what would equate now to an AA in vehicle technology/maintenance and repair and I can't get a driving job. I have been turned down by fast oil change places AND fast food.
I think there is a good story for a REAL reporting company there. (no one wants to admit the truth)
We need to encourage on the job training if we are to close the "jobless" gap. I don't care how long you have been in school, there is no way ANYONE can obtain all the licensing/experience/degrees that the majority of companies are requiring. I have heard it all before...."just apply" Fact is people, if you don't meet the MINIMUM requirements your resume/application is deleted or round filed (garbage).
I am sure you all know someone like me who has the brains to do any job and within a week can be proficient enough to work with only minor supervision for a month, but no matter what they do they are denied for employment due to "not enough experience" "not enough education" or "not enough certification" The last one gets me, half of the "certs" I find people asking for, I have never heard of or have any idea of how to obtain them.
I even have a P&C insurance license and get get hired, no experience....no one wants to train.
Banks manipulate wall street, the rich buy our politicians and the workers are screwed, glad I had no kids.. GOOD LUCK EATING GRASS WHILE THE CRIMINAL RULING DINE ON CAVIAR WITH $$ THEY STOLE FROM YOU!
If not? The criminal ruling class will ALWAYS own you!
The prerequisite for the nationalization of the banks and their subordination to the needs of society is an independent political movement of the working class on the basis of socialist policies. It is a question of state power.
No capitalist government can or will carry out this task. What is required is a political and revolutionary struggle to establish a workers’ government.
What is required is a coordinated offensive by the international working class on the basis of a socialist and revolutionary program that aims to reorganize the global economy to meet social needs rather than the profit imperatives of the various national elites.
Unemployment decline from recession peak: 1.6 percentage points (tied, 30th highest)
Peak unemployment: 8.2%
Current unemployment: 6.6% (tied, 16th lowest)
GDP growth 2011: 3.3% (4th highest)
Why is Texas on the list? It has the 4th highest GDP growth and it's the #2 state by GDP. Texas also had an $8.8billion surplus in it's budget this year. Seems the reporter for this pile of crap article needs a new job. Please don't move to Texas though since we don't want any reporter who has no real job skills besides bad writing and or poor research skills.
President Obama has transformed the lives of alot of people during the last 5 years. The middle class transformed into the poor.
People whom were able to own their own homes and live a satisfying life are now transformed into the next generation of welfare recipients, groveling for work at Walmart wages, qualifying for Medicaid health insurance and food stamps, losing their homes to foreclosures.
Well, just to let you know, I am capitializing on this as I am entitled to my own "corporate welfare"
I am buying up foreclosed properties and renting them out to section 8 folks which in effect puts some of the exhorbitant taxes I pay back in my pocket every month.
Keep up the good work Obama
For those that are curious why a few perenially horrible states are left out? It's because states like FLORIDA are always awful. Speaking of FLORIDA, maybe one should check other polls that list the worst cities in the entire US to live in. FLORIDA consistently has more cities than any other state on the top ten of any "horrible" list. Why was a state like Florida left off? There is no hope for Florida. They just don't get it down there. If I were a doctor giving birth to any baby in Florida, I would provide a cyanide capsule to every mother...instead of "abandon hope, all ye who enter" the state motto should be, "abandon all hope, all ye who are born here". Call it what you want, but Florida was known as a work for nothing slavery state long before anyone started talking garbage and coming up with these ridiculous stories about horrible places to live.
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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