Lake Minnetonka Liberty

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Tag Archives: employment

Another Obama Record Or First: Number Of Americans Working Past Age 65 At Record High

Let’s see now. What firsts and records are on his resume? Hmmm… first president to lose the AAA credit rating of the United States, first to have trillion dollar deficits every single year of his presidency, record numbers on food stamps, record numbers living in poverty, record numbers losing their homes, record numbers of Americans renouncing their citizenship, and now another. The first president to have record numbers of people who can not afford to retire and are working well beyond age 65. Way to go, Barack! You’re doing a helluva job!

THE retirement dream seems further away for a lot of baby boomers, and they appear to be responding to that by holding on to their jobs if they can. But that may have worsened the employment prospects for younger workers.

Labor Department figures indicate that the percentage of workers over the traditional retirement age of 65 is at a record high. But, the figures show, job totals fell sharply for men under 55 during the recession and have only started to recover, while the proportion of women ages 25 to 54 with jobs also slid and is close to the lowest level of the last two decades.

“The fact of the matter is that this aging-but-not-yet-aged segment of the baby boomer class can’t afford to retire,” said David A. Rosenberg, the chief economist of Gluskin Sheff, a Canadian firm, noting that overall household net worth was 15 percent lower than at the pre-recession peak. “Dreams of the 5,000-square-foot McMansion being a viable retirement asset have morphed into nightmares of a deflationary ball and chain.”….

…. For the first time since the government began keeping track of the numbers in 1981 — and probably the first time ever — one in nine American men over the age of 75 was working in April. About one in 20 women over that age have jobs.

The whole story found at the New York Times.

Hope and Change, Baby!!! How’s that workin’ out for ya?

VIDEO: Occupiers Turn Down Employment Offers

Didn’t I tell you these people are worthless douche bags that believe everybody who is productive owes them a living? They’re freeloaders and expect to be given things because it’s their “right” and they’re “entitled.” Screw them, I wouldn’t give any of them a damned thing, and anyone that does is a goddam moron. Check this out, it’s amazing.

After more than a month of protest demands for better employment opportunities and benefits, Accuracy in Media saw fit to test their desires with…employment applications. Our “headhunters” were treated to every excuse as to why these jobs aren’t good enough for them. The idea that recent college graduates or typical jobs seekers should work their way up from an entry-level position is lost on the #Occupy crowd.

Read the rest

Young adults hammered hard by The Obama Depression

Things are not looking good for the next generation entering the workforce unemployment lines. It is horribly bleak as reported by the AP:

In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes, often raising kids out of wedlock. They suffer from the highest unemployment since World War II and risk living in poverty more than others – nearly 1 in 5.

New 2010 census data released Thursday show the wrenching impact of a recession that officially ended in mid-2009. It highlights the missed opportunities and dim prospects for a generation of mostly 20-somethings and 30-somethings coming of age in a prolonged slump with high unemployment.

“We have a monster jobs problem, and young people are the biggest losers,” said Andrew Sum, an economist and director of the Center for Labor Market Studies at Northeastern University. He noted that for recent college grads now getting by with waitressing, bartending and odd jobs, they will have to compete with new graduates for entry-level career positions when the job market eventually does improve.

“Their really high levels of underemployment and unemployment will haunt young people for at least another decade,” Sum said.

Okay, let’s be realistic. We’ve been doing things the Obama-Democrat way for three years now and it’s not working, it’s just making matters worse. Ya think maybe we should try something else? Or do you want to keep ramming your head in to a brick wall while you expect a different result?

OBAMUNISM: Income Slides to 1996 Levels

How’s that for some “Hope and Change,” huh? By the way, how is that working out? The economy doing pretty good? How about with you, ya doin’ okay?

The income of the typical American family—long the envy of much of the world—has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.

Three years in a row, well that encompasses the entire Obama presidency and Democrat super majority, doesn’t it? More of the same? Four more years? Anybody? Hello?

Earnings of the typical man who works full-time year round fell, and are lower—adjusted for inflation—than in 1978.

Lower than in 1978? Who was president in 1978? Why that would be Jimmy Carter, wouldn’t it? And now earnings for the typical male are lower? What is it I always say again? Oh yeah! Here we go. “Worse than Jimmy Carter, Obama needs to leave.” HA! HA! HA! LMAO!!!