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despite the today's good news on the employment, millions of US citizens life are mischief creation by long-term unemployment job and falling unemployment are always good news, never more than when a country is reeling in 80 years from the effects of its worst economic crisis.So it rough seems, with the applause quibble that meets the latest US jobs report.
But there is no doubt that for any new signs of strength in the United States job market, it is still a big unemployment problem in America, one that thwarted still the lives of millions and could even be the deciding factor in the U.S. policy be in the next two years.
If you see the "strong" numbers this headline April jobs reports can search quickly many other, significantly lower numbers.
Take the unemployment rate.
Like all developed economies, their method has reached the United States who are the people who do not work for many years and some controversial decisions.
As a result, the new and much improved headline unemployment rate of 8.8% is in fact rather a narrow measure.
Below the 8.8% be counted must you be out of work and actively for a job in the last four weeks saw.
AbandonedThis means that many people who have simply given up markets still worse than can remember even their grandparents, are not really looking for work in one of jobs as "Unemployed" is counted.
Mr Obama can be affected that none since Roosevelt was re-elected with a large number of unemployed peopleMach worry, will you they still included in the statistics of the Government, they get marked only as strange things such as "marginally attached" or "discouraged" workers.
So if you are "discouraged" not only from work to see the unemployed not counted.
Their place in the survey is under the administration of "alternative measures of the work of non-utilization".
Of course, such terrible jargon is unemployment for anyone who experienced it, and for those of us who speak English not Economese.
And if such a measure of "laboratory non absorption", which basically everybody, has no full-time job which is one of the widest, and accused the economic reasons (in contrast to sick or in training), currently you have received a rate of 15.7%.
This means that almost one in six people in the United States, full-time to work may be, can find a job.
HeadacheWhat ever the good news this month is still clearly an economy with a huge unemployment problem.
This is a major headache for President Barack Obama.
If he considers the jobs report under the headline numbers, sees what he is an unemployment rate, which will fall; It is simply not fast enough fall to secure his own future employment.
The President will be the fact that since Franklin Roosevelt in the White House, the highest unemployment rate, has a President of chaired aware and it a second term re-elected get in Office is managed to get to 7.2%.
This was in the year 1984 when Ronald Reagan won a second term in the White House.
Based on the forecasts of economists of the Government, for the unemployment rate below 8% by the election of 2012, the 195,000 jobs every month between now and the choice to create
In other words, could the "good news" in the latest job report, must be repeated every month for the next 18 months or President Obama out of a job out.
Not so goodNo wonder that the President reacted to the news on the jobs with the words: "More work must be done".
Then the question is what kind of jobs are now created. Jobs monthly report not too deep deepen this topic, but other organizations have.
The search for a new job expected to be a bad is paid a than before, according to researchIn February, the national employment law project (NELP) released research that showed that the new jobs, who went to America in General not as good as those who lost.
NELP found that lower wages industry, retailing and preparation of food, 23% of the jobs that were lost in the recent recession.
However, they are 49% of the jobs gained in the last year the economy.
There were also only 14% of new jobs in the U.S. economy, as of February, in the so-called "higher wages".
In other words, it seems what that while people work again they may have to work for less pay.
BedrockIf it continues to be deeply disturbing for economists and policy makers, and not only in the United States this trend.
Well-paying jobs are the foundation of the American middle class, of course.
The middle class, with all its purchasing power is the foundation of the U.S. economy for decades.
It was also one of the major drivers of economic growth around the world.
After all, are the most countries whose wealth on exports created is sold to the American middle class.
If the wealth of this class by a decline in the quality of jobs is eroded, spell then finally, the hardness for people far beyond America's shores.
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