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With the change in the auto industries, I wonder if defense contracting is left as the biggest industrial complex in the US? |
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If someone feels they have all the skills necessary and they don't need any more education/training and don't want to pursue another career, I feel bad for them in their job search. But sooner or later unemployment benefits are going to run out. What are the choices then? Take a lesser paying job or go on welfare? |
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Retraining is expensive and takes time. If you are an unemployed systems analyst making $80K/year, retraining as a licensed insurance salesmen is an option, sure. A CPA? Or you could work as a car detailer I suppose. We've lost the large manufacturing base we used to have in this country, jobs that paid a wage where someone could support their family. In the northeast corridor you could graduate high school and go to work at the factory, and you knew you could work there for life, and advance if you were sharp. We've lost that, and although we should be replacing that with growing or innovative tech industry-oriented jobs (think computers, green energy, etc), we in the US dig in our heels and don't seem eager to embrace such. Meanwhile we continue to fall off educationally, taking us further out of science/research/medicine type fields internationally. Seems the USA's fastest-growing and most thriving industry right now might be the cooking, serving, and eating of fast junk food. (Edit: which is why the healthcare industry is about 1/5 of our economy) |
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American wages have been stagnating for years, so Americans have spent the past 15 years feeding their consumerism via bad second mortgages on their homes. Now those homes have lost value so they can't borrow against it, neither can they pay back what they owe. Folks can no longer borrow against their home values to get money to feed their consumerism - whoops, our economy. As jms points out, what's here isn't even American made any more. Go into a Target or WalMart, etc. Food is about the only thing in there made in the USA. American workers need real jobs (manufacturing, technology, etc) not fake jobs making money off of money, or in service industries. |
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Sure, it costs money to retrain and educate, but it's expensive to keep extending unemployment benefits. Where is that money coming from? I'd say that the highly paid workers who are now on unemployment are working their collective butts off trying to find a job with even half of what they once earned because it's more than what they're getting on unemployment. But, what incentive is there for someone collecting $400/week on unemployment taking a job paying $450? Also, the obsession with pursuing a college diploma only to find out when a student graduates college, there aren't enough college jobs out there, and businesses are only going to hire the best of the lot they get to choose from. The student is stuck with student loans and has to work at a job he/she could have gotten fresh out of high school Trades - likes plumbers, welders, electricians, roofers, construction, etc. are ripe for opportunities. But too many of our young people think such professions are declasse - but taking a job at McDonalds isn't. And, the military is an option for a paycheck and career opportunities. |
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Not true at all. Business 2 biggest lies are taxes and lack of skilled employees. They are shipping jobs overseas for 1 reason only and that is for higher profits but it is now canibalistc practice.
It is true. Businesses don't like to pull up stakes, lay off people, pay unemployment, and move out of the country. If the government would concentrate on securing the borders and keeping us safe and leave business to its tried and true success in running business without government interference with a bazillion regulations and gargantuan taxation, the U.S. could be well on its way to recovery. And PREZBO just loves courting the favor of labor unions and supports their greed.. There is none. Governmnt needs to think out of the box and give incentives to these people to get back to work as quickly as possible. Maybe 3 months of unemployment if they get back to work within 3 months and stay employeed for 1 year afterwards. Of course there needs to be limits to this practice (maybe once per 2 years). I don't disagree, but extending unemployment benefits for as long as they are going on accomplishes nothing. Spend that money on education, training, and, as you say, incentives. There are students graduating college today with loans that they have no chance of ever being able to pay back... Can you say student loan crisies a few years down the road. Again, I don't disagree. But, there are far too many C- minus high school students being pushed into pursuing a college education, graduating with bare minimum grades and expecting the employment world to fall at their feet. All are honorable jobs however there are many of the above getting laid off due to real estate collapse. There are areas of the country that are crying for trades people. People who already own houses need electricians, plumbers, roofers, maintenance, etc., etc. And, a good number of unemployed people living in economically depressed areas are loathe to move away from their "home" to seek employment elsewhere. |
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See the governor of Wisconsin who just put the kabosh on his part of a multi-state high-speed rail line. Quote:
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How is this unemployment crisis supposed to be corrected? By cutting business taxes? That hasn't worked for the past 10 years, those policies oversaw the loss of 800,000 jobs. Frankly, the auto company bailouts worked, as it made what's left lean, mean and profitable, including payback for those loans. But the scale was too small, and the new auto mfg paradigm cuts thousands of jobs permanently. We need to invest in manufacturing within the US. Other countries are already far ahead of us in doing that. |
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