Thursday, January 12, 2012

Unemployment Spikes in US to The Surprise of No One after Holiday Season


To the show of absolutely no one, the unemployment rate bounced right back up in the United States as we get to the month of January. Given the extra jobs that were available for the holiday shopping season, there would be less people who would obviously collect unemployment. October-December was the time where unemployment drops.


Unemployment Rate-A Dodgy Statistic At Best

It remains clear the drop in unemployment rate was latched on by many people as a way to pacify people, to say that things were improving in the United States. The fact of the matter is always always, there are people who have had their unemployment benefits who have ran out. Some have been out of work since 2008, 2009, and while many have not show the ambition to find work, there have been many others who have tried and constantly failed.

Unemployment always is down towards the end of the year, it makes sense that there will be more jobs. There has been some moderate efforts of more jobs being found, but there are other jobs that are being outsourced, in an attempt for many businesses to cut expenses. The fact is the only way that people count for the unemployment rate is that they are going to collect unemployment. The 8.4 percent as of December is true for the amount of people in the United States that are of work age and able to collect unemployment but not necessarily a true metric.

And it should be unsurprising that there was a slight spike right for the unemployment after there was no need for those holiday workers. Some people, its temporary work but very few of them are kept on and we are back to square one.

There are reports of jobs being created, but with new people entering the workforce and more job candidates than ever before due to the failure of many large corporations or mass layoffs, the competition for the job market is fierce than ever before. It is going to be another rocky road in 2012 and  drops in the unemployment rate is deceptive. Things might be slightly better than it was a few years ago, but we are most certainly not out of the woods yet.

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