Tapsearch Com EditorWorkers Dignity still Handcuffed
November 3rd 2011 23:10
Bizarre Politics Reports:
From CNN iReport Workers are handcuffed. Who has the key?
Who will tell our grandchildren and future generations why we let this happen.
Who will tell our grandchildren and future generations why we let this happen.
Powerful elite groups meet in G 20 and International Money Summits with workers outside looking in. The article below was published at CNN iReports and about the story of workers being locked out of any real democratic process.
Decisions are made by just a few and not subject to any real voting process.
For example, if free trade agreements had to be ratified by a popular vote, how many of these agreements would pass.
The value of workers and labor is a true value. Most likely, this value is the only real money standard left in the world. The international financial community is playing with monopoly funny money in their globalization game.
CNN producer note
By Ray Tapajna
iReport ÃÂ Who has the key? Workers Handcuffed by Ray Tapajna was first published in 1994. Not that much has changed. In 1998, the Federal Trade Commission published our article - If this is a good economy, I would hate to see a bad one.
See Really Long Link
We updated it in 2001 and 2009 and found there was hardly any difference in the more than 30 facts related to the economy. See Really Long Link
The official unemployment rate in 1998 was just a few percentage points less than today. However, the unreported part is where the jobless rate is much higher . A University of Youngstown study says the current real unemployment rate is close to 30 percent. The Bureau of Unemployment admitted at least 4 million workers were not reported as unemployed because they gave up trying to find a job.
It should also be noted the unemployment rate is out of sync with past reporting when primarily only full time jobs with benefits were the base for counting unemployment. Today most of our jobs are part-time and even the jobs that are labled full time are only based on 30 hours a week. Nothing really adds up trying to compare our jobless rate with the past.
However, this low figure does not add up with another statistic. Only about 38 percent of all American workers qualify for unemployment insurance. This means about 62 percent of all workers are living in some kind of economic limbo missing in action outside of any type of reporting. In 1998, the term underemployment was used frequently. Today the term has become a muted one. No one seems to want to tackle this number anymore.
About ten years ago, an organization called Getting America Working said about 50 percent of our human resources in the USA was not be used.
Back then, reports indicated that 50 percent of young blacks living in the inner city, did not have a job. The number remains the same while our prison population keeps breaking records.
There were also reports stating that one third of all more the 55 who lost their jobs, never found another one. This is a continuing factor that is ignored.
Back then and now even a single mother making only about $200 dollars a month is considered employed.
Reportedly the main data collection process behind the official unemployment rate is a statistical program where 50,000 households are called per month and if the person answering the phone says they did not look for a job in the previous month, they are considered employed. If a person is seeking employment but is working for nothing in a family business or on a farm, they are considered employed.
Hurricane Katrina in New Orleans exposed a vast underclass living in a silent depression. This statistic still lays dormant while it is obvious most of our major cities have the same demographics.
The Occupy Wall Street protests is in part, a response to the unreporting of our real unemployment rate. Hopefully, the real unemployment rates will finally be reported with all the ramifications as noted above.
Workers Dignity Betrayed
Ref.: iReport CNN DOC
698616
Decisions are made by just a few and not subject to any real voting process.
For example, if free trade agreements had to be ratified by a popular vote, how many of these agreements would pass.
The value of workers and labor is a true value. Most likely, this value is the only real money standard left in the world. The international financial community is playing with monopoly funny money in their globalization game.
Official Unemployment rate is fiction
CNN producer note
By Ray Tapajna
iReport ÃÂ Who has the key? Workers Handcuffed by Ray Tapajna was first published in 1994. Not that much has changed. In 1998, the Federal Trade Commission published our article - If this is a good economy, I would hate to see a bad one.
See Really Long Link
We updated it in 2001 and 2009 and found there was hardly any difference in the more than 30 facts related to the economy. See Really Long Link
The official unemployment rate in 1998 was just a few percentage points less than today. However, the unreported part is where the jobless rate is much higher . A University of Youngstown study says the current real unemployment rate is close to 30 percent. The Bureau of Unemployment admitted at least 4 million workers were not reported as unemployed because they gave up trying to find a job.
It should also be noted the unemployment rate is out of sync with past reporting when primarily only full time jobs with benefits were the base for counting unemployment. Today most of our jobs are part-time and even the jobs that are labled full time are only based on 30 hours a week. Nothing really adds up trying to compare our jobless rate with the past.
However, this low figure does not add up with another statistic. Only about 38 percent of all American workers qualify for unemployment insurance. This means about 62 percent of all workers are living in some kind of economic limbo missing in action outside of any type of reporting. In 1998, the term underemployment was used frequently. Today the term has become a muted one. No one seems to want to tackle this number anymore.
About ten years ago, an organization called Getting America Working said about 50 percent of our human resources in the USA was not be used.
Back then, reports indicated that 50 percent of young blacks living in the inner city, did not have a job. The number remains the same while our prison population keeps breaking records.
There were also reports stating that one third of all more the 55 who lost their jobs, never found another one. This is a continuing factor that is ignored.
Back then and now even a single mother making only about $200 dollars a month is considered employed.
Reportedly the main data collection process behind the official unemployment rate is a statistical program where 50,000 households are called per month and if the person answering the phone says they did not look for a job in the previous month, they are considered employed. If a person is seeking employment but is working for nothing in a family business or on a farm, they are considered employed.
Hurricane Katrina in New Orleans exposed a vast underclass living in a silent depression. This statistic still lays dormant while it is obvious most of our major cities have the same demographics.
The Occupy Wall Street protests is in part, a response to the unreporting of our real unemployment rate. Hopefully, the real unemployment rates will finally be reported with all the ramifications as noted above.
Workers Dignity Betrayed
Ref.: iReport CNN DOC
698616
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