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Hidden Jobless in the UK

Wednesday, 20 January 2010 20:33 Last Updated on Wednesday, 20 January 2010 21:02
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 Houses of Parliament Unemployment has fallen in the UK and The Independent investigates the true meaning of the latest numbers. You're not alone NoJobSurvivors, on any continent.

"...increasing numbers of people are being forced into part-time work – a record high of 7.71 million, up 99,000. Just over a million employees and self-employed people were working part-time because they were unable to find full-time jobs, another record figure."

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Minimum Wage

Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.

The tea party want to abolish the minimum wage. Did YOU VOTE?

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U.S. Jobless Rate

U3U6 Graph

BLS Jobless Numbers

  • 12.8 million - unemployed,
  • 15.1%(U6) - out of work,
  • 5.5 million (43%) 6 months or longer,
  • 7.7 million "involuntary" partime workers,
  • Over 4 million for a year, (WSJ)
  • 2.0  million over 99 weeks, the 99ers!
  • 4.7 jobless for every job. EPI
  • 91,000 unemployed become 99ers every week.
~ U.S. January 2012 -Bureau Labor Statistics
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