Unemployment in the United States

I can not fully understand how jobs can be developed when quite a few United States companies are taking their profits overseas. Take GE by way of example. General Electric’s most current initiatives to construct jet engines for the Chinese can lead to them passing over their blueprints for the engines they build. Yet another company, Yum Brands, is earning over 60% of its sales from outside the United States. Until trade policies are altered, more job losses is inevitable.

Brutal! I’m grateful for my husbands job every day!!!

Those stats are crazy. I follow a blog where this girl has been unemployed for over 2 years now, both in London and in San Fransisco and she posts about all her interviews but never gets the jobs. But she's still trying and not giving up, and I give her props for that.

I'm really glad the situation up here in Canada is better. I mean, it's not perfect, but it's better. My parents have friends that have gone through like 4 different jobs in the last few months from both being laid off at the same time from the jobs that they had. Now the wife is a manager at a Starbucks, and the husband is a manager at Boston Pizza (both really good businesses). They had to sacrifice some things along the way. They sold their SUV and bought my old 92 Buick that I wasn't driving in order to save money on gas (they still needed two cars though) but luckily they didn't have to get rid of their house and downsize or anything which was the most important part.

The stats about people with college degrees working as parking lot attendees scares me too. It makes me glad that I already have my foot in the door of the industry that I want to work in.

And like Kevin said above, it really is true just how many people are still EMPLOYED, but of course everyone looks at the unemployment statuses and freaks out. It's also just like, how many of those people that are unemployed are actually putting out the effort to try and find jobs? There could be tons of people that have given up and are now living off friends and family or are homeless (but the bad homeless "I've given up" kind of homeless). We still have to appreciate the fact that there are still many people EMPLOYED. The recession is unfortunate, but we are all getting out of it.

This is the perfect time to be in school honestly. I was in Grade 12 back at the end of 2008 and beginning of 2009 when the recession truly hit. We talked about it every day in Social class. And now I'm in college learning finance and investments when we're getting out of the recession so the stocks are low but are getting better and we're just learning so much, so in a way it really worked out for me that there was a recession during these years of my life.

Phew, long comment. Thanks for the post!
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