The Number Of Working Age Americans Without A Job Has Risen By Almost 10 Million Under Obama

Obama SmilingThat headline is not a misprint.  The number of working age Americans that do not have a job has increased by nearly 10 million since Barack Obama first entered the White House.  In January 2009, the number of “officially unemployed” workers plus the number of Americans “not in the labor force” was sitting at a grand total of 92.6 million.  Today, that number has risen to 102.2 million.  That means that the number of working age Americans that are not working has grown by close to 10 million since Barack Obama first took office.  So why does the “official unemployment rate” keep going down?  Well, it is because the federal government has been pretending that millions upon millions of unemployed workers have “left the labor force” over the past few years and do not want to work anymore.  The government says that another 347,000 workers “left the labor force” in December.  That is nearly five times larger than the 74,000 jobs that were “created” by the U.S. economy last month.  And it is important to note that more than half of those jobs were temporary jobs, and it takes well over 100,000 new jobs just to keep up with population growth each month.  So the unemployment rate should not have gone down.  If anything, it should have gone up.

In fact, if the federal government was using an honest labor force participation rate, the official unemployment rate would be far higher than it is right now.  Instead of 6.7 percent, it would be 11.5 percent, and it has stayed at about that level since the end of the last recession.

But “6.7 percent” makes Obama look so much better than “11.5 percent”, don’t you think?

The labor force participation rate is now at a 35 year low, and the only way that the federal government has been able to get the “unemployment rate” to go down is by removing hundreds of thousands of Americans out of the labor force every month.

Why don’t they just get it over with and announce that they have decided that all workers immediately leave the labor force the moment that they lose their jobs?  That way we could have an unemployment rate of “0.0 percent” and Obama could be hailed as a great economic savior.

Of course the truth is that the employment crisis in the United States is about as bad now as it was during the depths of the last recession.

If you want a much more accurate reading of the employment picture in America, just look at the employment-population ratio.  The percentage of working age Americans that actually have a job continues to stagnate at an extremely low level.  In fact, the percentage of working age Americans that are employed has stayed between 58.2 percent and 58.8 percent for 52 months in a row…

Employment-Population Ratio 2014

Does that look like an “employment recovery” to you?

Because no matter how hard I squint my eyes, I just can’t see it.

The percentage of Americans that actually have jobs should have bounced back at least a little bit by now.

But it has not happened.

And guess what?  Most people don’t know this, but the U.S. economy actually created fewer jobs in 2013 than it did in 2012.  So the momentum of job creation is actually going the wrong way.

No matter how rosy the mainstream media makes things out to be, the reality on the ground tells an entirely different story.

For example, just check out the desperation that was displayed on the streets of New York City last week…

The line wrapped nearly around an entire city block on Friday as approximately 1,500 people waited in Queens for a chance to apply for a coveted union job as painters or blasters on bridges and steel structures.

The first few people on line had been there since 1 p.m. on Tuesday when the temperature in New York City was in the single digits.

The job that those desperate workers wanted to apply for only pays $17.20 an hour.

Of course that is far from an isolated incident.  Last week, I wrote about how 1,600 workers recently applied for just 36 jobs at an ice cream plant in Maryland.

We would not be witnessing scenes like these if the unemployment rate in America was really just 6.7 percent.

An article by Phoenix Capital Research does a good job of summarizing how useless the official government numbers have become…

Since 2009, we’ve been told that things have improved. The fact of the matter is that the improvement has been largely due to accounting tricks rather than any real change in reality.

Sure you can make unemployment look better by not counting people, you can claim the economy is growing by ignoring inflation, you can argue that inflation is low because you don’t count food or energy, but the reality is that all of these arguments are grade “A” BS.

We are now five years into the “recovery.” The single and I mean SINGLE accomplishment from spending over $3 trillion has been the stock market going higher. This is a complete and total failure. Based on the business cycle alone, the economy should be roaring.

What does it say that we’ve spent this much money and accomplished so little?

The word is FAILURE.

The media is lying about the economy. They have been for years. Even the BLS now admits that its methodologies are either inefficient (read: DON’T work) or outright wrong.

The cold, hard reality of the matter is that there has not been an economic recovery in this nation.

Anyone that tries to tell you that is lying to you.

And now the next major wave of the economic collapse is rapidly approaching.

The U.S. national debt is on pace to more than double during the eight years of the Obama administration and the Federal Reserve has been recklessly printing up trillions of dollars.  The long-term damage that they have done to our economy is incalculable.  But despite all of those extraordinary “stimulus” measures, the percentage of Americans that are actually working has not budged.

If we were going to have a recovery, it would have happened by this point.  In fact, this is all the “recovery” that we are going to experience.

From here on out, this is about as good as things are going to get.  As bad as you may think things are now, the truth is that this is rip-roaring prosperity compared to what is coming.

I hope that you are getting prepared.

Would You Date An Unemployed Man? – 75 Percent Of Women Would Not

Would You Date An Unemployed Man?If you are a man living in America today, to a large degree your value to society is determined by how much money you make.  It should not be that way, but that is how our society works.  And if you do not have a job at all and you cannot take care of your own family, then almost everyone looks down on you even if it is not your fault.  Once you are unemployed, it becomes the number one defining factor in your life.  Yes, there are a few people that may look at you in the same way, but in the eyes of most you will now be less of a man.  Sadly, this is particularly true when it comes to romantic relationships.  Unemployed men tend to have unhappier marriages, they tend to divorce more frequently, and as you will see below approximately 75 percent of all American women do not have any interest in dating unemployed men.  Unfortunately for American men, the decline of the U.S. economy in recent years has had a disproportionate impact on them.  The past five years have been the worst years for employment for American men in the post-World War II era, and things are only going to get worse from here.

Yes, unemployed women go through similar things.  I do not mean to downplay the economic suffering of unemployed women at all.  In fact, I write about it quite frequently.

Today, however, I want to focus on how the steadily declining U.S. economy is affecting men.  If you are a single man and you are unemployed, that automatically means that most single women will not be interested in you at all.  At least that is what one very shocking survey discovered…

Of the 925 single women surveyed, 75 percent said they’d have a problem with dating someone without a job. Only 4 percent of respondents asked whether they would go out with an unemployed man answered “of course.”

“Not having a job will definitely make it harder for men to date someone they don’t already know,” Irene LaCota, a spokesperson for It’s Just Lunch, said in a press release. “This is the rare area, compared to other topics we’ve done surveys on, where women’s old-fashioned beliefs about sex roles seem to apply.”

So what would happen if things were reversed and that same question was asked to men?

Well, it turns out that there is a big difference.

When men were asked that exact same question, the results were absolutely startling

On the other hand, the prospect of dating an unemployed woman was not a problem for nearly two-thirds of men. In fact, 19 percent of men said they had no reservations and 46 percent of men said they were positive they would date an unemployed woman.

Perhaps traditional gender roles are not quite as dead as many people believe that they are.

And as I mentioned earlier, the declining economy is hitting men even harder than it is hitting women.  Yes, millions upon millions of women are deeply suffering in this economy.  There is no doubt about that.  But men are actually having an even more difficult time than women are.

The following are 12 signs that the decline of the U.S. economy is having a disproportionate impact on men…

#1 The labor force participation rate for men is now at an all-time low…

Men - Labor Force Participation Rate

#2 During the last recession, men lost twice as many jobs as women did.  All of the jobs that women in the United States lost during the last recession have been regained, but only about 70 percent of the jobs that men lost during the last recession have been regained.  Meanwhile, the size of the overall population continues to grow rapidly.

#3 The inactivity rate for men has risen even higher since the end of the last recession and is now hovering near an all-time record high…

Inactivity Rate Men

#4 Since 2010, about a million construction workers have either been forced to switch industries or have disappeared from the labor force entirely.  This has had a disproportionate impact on men.

#5 Back in the 1950s, more than 80 percent of all men in the United States had jobs.  Just before the last recession, about 70 percent of all men in the United States had jobs.  Today, only 64 percent of all men in the United States have jobs…

Employment-Population Ratio Men

#6 Back in the 1980s, more than 20 percent of the jobs in the United States were manufacturing jobs.  Today, only about 9 percent of the jobs in the United States are manufacturing jobs.  This has had a disproportionate impact on men.

#7 According to the Economic Policy Institute, the U.S. economy loses 9,000 jobs for every 1 billion dollars of goods that are imported.  A disproportionate percentage of those job losses tend to come from male-dominated industries such as manufacturing.  Since 1975, the United States has run a total trade deficit with the rest of the world of more than 8 trillion dollars, and right now there are more than 102 million working age Americans that do not have a job.

#8 Between 1969 and 2009, the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#9 According to the Economic Policy Institute, the “real entry-level hourly wage for men who recently graduated from high school” has declined from $15.64 in 1979 to $11.68 today.

#10 Thanks to Obama administration policies which are systematically killing off small businesses in the United States, the percentage of self-employed Americans is at an all-time low today.  This has had a disproportionate impact on men.

#11 According to CNN, American men in the 25 to 34-year-old age bracket are nearly twice as likely to live with their parents as women the same age are.

#12 According to Time Magazine, unemployed men are significantly more likely to get divorced than employed men are.

When a man cannot take care of his own family, it can be absolutely soul crushing.  Though many would like to deny this, the truth is that men are still considered to be the primary breadwinners in society today.  When a man finds that he cannot provide what his family needs no matter how hard he tries, it can be really easy to descend into a spiral of despair, depression and self-pity.

Unfortunately, the U.S. economy is not producing nearly enough jobs for everyone anymore and it never will again.  Meanwhile, the quality of our jobs continues to decline at a staggering pace.

What all of this means is that the number of Americans living in poverty is going to continue to grow, and there will be lots more men that feel worthless because they can’t provide for their families.

The following is one example of a single dad that is forced to turn to the government for assistance because he cannot provide for his children on his own

It means Lyman Curtis, single dad of five kids, will only be able to reliably heat his home in Dexter, Maine, for the first half of this winter, maybe through February.

After that, Curtis will drive to the local gas station to buy kerosene oil in 5-gallon increments — all he can afford to buy at one time.

“I know a lot of people who do it that way, because there’s just not enough money to heat your home and pay for groceries in your everyday life,” said Curtis, 38, who is the primary caregiver for his kids and relies on disability benefits and food stamps to survive.

Nobody should ever look down on someone like Lyman Curtis.  He is doing the best that he can.

At this point our economy is kind of like a very twisted game of musical chairs.  If your family is doing well at the moment, you should not be too complacent because the next time the music stops you might be the one that loses a job.

In recent years, millions upon millions of Americans have lost good jobs, and in most cases it was due to forces beyond their control.

And as the economy continues to deteriorate, Americans are going to become even more angry and even more frustrated.  In fact, one recent survey found that 60 percent of all Americans “report feeling angry or irritable“.

But we have not even reached the next major wave of the economic collapse yet.

How “angry” and “irritable” will people feel once millions more Americans lose their jobs?

That is something to think about.

So what do you think about all of this?

What do you think about the fact that most women would not even consider dating an unemployed man?

Please feel free to share your thoughts by posting a comment below…

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind

UnemploymentDid you know that there are more than 102 million working age Americans that do not have a job?  Yes, I know that number sounds absolutely crazy, but it is true.  Right now, there are more than 11 million Americans that are considered to be “officially unemployed”, and there are more than 91 million Americans that are not employed and that are considered to be “not in the labor force”.  When you add those two numbers together, the total is more than 102 million.  Overall, the number of working age Americans that do not have a job has increased by about 27 million since the year 2000.  But aren’t things getting better?  After all, the mainstream media is full of headlines about how “good” the jobs numbers for October were.  Sadly, the truth is that the mainstream media is not being straight with the American people.  As you will see below, we are in the midst of a long-term unemployment crisis in America, and things got even worse last month.

In this day and age, it is absolutely imperative that people start thinking for themselves.  Just because the media tells you that something is true does not mean that it actually is.  If unemployment was actually going down, the percentage of the working age population that has a job should actually be going up.  As you are about to see, that is simply not the case.  The following are 10 facts about the growing unemployment crisis in America that will blow your mind…

#1 The percentage of working age Americans with a job fell to 58.3 percent in October.  The lowest that number has been at any point since the year 2000 is 58.2 percent.  In other words, there has been absolutely no “jobs recovery”.  During the last recession, the civilian employment-population ratio dropped from about 63 percent to below 59 percent and it has stayed there for 50 months in a row.  Will the percentage of working age Americans with a job soon drop below the 58 percent mark?…

Employment-Population Ratio November 2013

#2 The U.S. economy lost 623,000 full-time jobs last month.  But we are being told to believe that the economy is actually getting “better”.

#3 The number of American women with a job fell by 357,000 during the month of October.

#4 The average duration of unemployment in October 2013 was nearly three times as long as it was in October 2000.

#5 The number of Americans “not in the labor force” increased by an astounding 932,000 during October.  In other words, the Obama administration would have us believe that nearly a million people “disappeared” from the U.S. labor force in a single month.

#6 The number of Americans “not in the labor force” has grown by more than 11 million since Barack Obama first entered the White House.

#7 In October, the U.S. labor force participation rate fell from 63.2 percent to 62.8 percent.  It is now the lowest that it has been since 1978.  Below is a chart which shows how the labor force participation rate has been steadily declining since the year 2000.  How can the economy be “healthy” if the percentage of Americans that are participating in the labor force is continually declining?…

Labor Force Participation Rate

#8 If the labor force participation rate was still at the same level it was at when Barack Obama was elected in 2008, the official unemployment rate would be about 11 percent right now.

#9 Even if you are working, that does not mean that you are able to take care of yourself and your family without any help.  In fact, approximately one out of every four part-time workers in America is living below the poverty line.

#10 In January 2000, there were 75 million working age Americans that did not have a job.  Today, there are 102 million working age Americans that do not have a job.

So what are our politicians doing to fix this?

Shouldn’t they be working night and day to solve this crisis?

After all, Barack Obama once made the following promise to the American people…

“But I want you all to know, I will not rest until anybody who’s looking for a job can find one — and I’m not talking about just any job, but good jobs that give every American decent wages and decent benefits and a fair shot at the American Dream.”

Unfortunately, things have not improved since Obama made that promise, but he has found the time to play 150 rounds of golf since he has been president.

Meanwhile, because there aren’t enough jobs, the number of Americans living in poverty continues to grow.

As I wrote about the other day, according to new numbers that were just released an all-time high 49.7 million Americans are living in poverty.

And right now 1.2 million public school students in the United States are homeless.  For many more statistics like this, please see my previous article entitled “29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding“.

The only thing that most Americans have to offer in the marketplace is their labor.  If they can’t find a job, they don’t have any other way to take care of themselves and their families.

The future of the middle class in America depends upon the creation of good jobs.  It really doesn’t matter how far the quantitative easing that the Federal Reserve has been doing pumps up the current stock market bubble.  The American people were told that “economic stimulus” was the reason for doing all of this reckless money printing, but the percentage of working age Americans with a job is now actually lower than it was four years ago.  Quantitative easing has been a complete and total failure in the job creation department, and it is doing a tremendous amount of long-term damage to our financial system.

The really frightening thing is that the Federal Reserve and the federal government have supposedly been doing all they can to try to “create jobs” and they have utterly failed.  In fact, this is the first time in the post-World War II era that we have not seen an employment recovery following a recession.

And now the next wave of the economic collapse is rapidly approaching.  What that hits us, millions more Americans will lose their jobs.

So the truth is that this is just the beginning of the unemployment crisis in America.

Yes, things are bad now, but soon they will get much worse.

Why Does Our Society Look Down On Unemployed Men So Much?

If you are unemployed for an extended period of time, people are going to look at you differently.  Unfortunately, this is especially true if you are a man.  In our society, men are primarily defined by “what they do”.  If you have been unemployed for a long period of time, that can make social interactions even more awkward than normal.  Most people will instantly become more uncomfortable around you when they find out that you are unemployed.  Many will look at you with pity, and others will actually look at you with disdain.  Women will not want to date you, and if you are in a relationship unemployment will put a tremendous amount of strain on it.  Once you “don’t have a job”, you will not get the same level of respect from former co-workers, friends, members of your own family and possibly even your own wife.  So why does our society look down on unemployed men so much?  Well, it is generally expected that men are supposed to be the “breadwinners” for their families.  If a woman stays home with the kids nobody has any problems with that, but if men do the same thing it tends to raise eyebrows.  But there is a big problem.  Our economy is not producing enough jobs for everyone.  In fact, there are millions upon millions more workers than there are jobs.  It would be great if this was just a temporary situation, but as I have written about previously, there will never be enough jobs in America ever again.  So there will continually be millions upon millions of men that are looked down upon by society because they can’t get jobs, and as a result we are going to have millions upon millions of men that are constantly battling against soul-crushing despair.

It can be really hard to “feel like a man” when you aren’t making any money.

And most women simply are not interested in becoming romantically involved with an unemployed man.  Just check out what one recent survey found….

Of the 925 single women surveyed, 75 percent said they’d have a problem with dating someone without a job. Only 4 percent of respondents asked whether they would go out with an unemployed man answered “of course.”

“Not having a job will definitely make it harder for men to date someone they don’t already know,” Irene LaCota, a spokesperson for It’s Just Lunch, said in a press release. “This is the rare area, compared to other topics we’ve done surveys on, where women’s old-fashioned beliefs about sex roles seem to apply.”

Those are some pretty overwhelming numbers.

So is it the same way when the roles are reversed?

Not even close.

When men were asked the same question, the difference was absolutely shocking….

On the other hand, the prospect of dating an unemployed woman was not a problem for nearly two-thirds of men. In fact, 19 percent of men said they had no reservations and 46 percent of men said they were positive they would date an unemployed woman.

Admittedly, men are often thinking about other things when they are evaluating whether they want to date a women or not.  Yes, there are some men these days that are concerned about how much money a woman makes, but the truth is that men tend to be much less concerned about income levels than women are.

In fact, a UK study that was released last year discovered that British women are even more concerned about the education and income of a potential mate than they were back in the 1940s.

So if you are unemployed you are probably not going to find much success in the romance department either.

If you are married, being unemployed is likely to put a huge strain on your marriage.  The following is a short excerpt from a recent Business Insider article entitled “TRUE CONFESSION: I’m Sick Of My Unemployed Husband“….

I can’t even remember when my husband stopped working.

And frankly, I don’t have time to think about it, between my full-time job and my fledgling business, volunteering at an after-school program to help teenagers prepare for the professional world and mothering two children.

But when I do think about it–when I think about all the times I come home to see evidence of his entire day’s activities cluttering the coffee table, or when I have to take our shared car to work and strand him at home because he doesn’t feel like getting up to drive me–I’m angry.

If a husband is unemployed for an extended period of time, there is a very good chance that the wife is going to start feeling very resentful.

If things get bad enough, many women will pull the plug on their marriages and will get rid of their “unproductive” husbands.

Last year, Time Magazine reported on a study that indicated that unemployed men were significantly more likely to get divorced than employed men were.

My goal in writing this is not to “bash women”.  I am just pointing out how hard things are for unemployed men in our society.  Many wives (and their extended families) simply do not understand that our economy has fundamentally changed.  In the old days just about any hard working man that wanted a job could go out and get one.  That is most definitely NOT the case today.

Hopefully we can get more women to understand this.  I know that it can be hard to be patient when your husband is unemployed for month after month after month.

But at a time when husbands need their support the most, many wives withdraw emotionally and become very angry.

For example, how many women have you ever heard declare how proud they are of their unemployed husbands?

Of course there are definitely situations where these roles are reversed and employed husbands are badgering their unemployed wives about getting a job, but in general our society tends to have a greater degree of tolerance for unemployed women than it does for unemployed men.

Sadly, most people simply do not understand how dramatically things have changed in our economy.

The following chart shows the stunning decline in the percentage of working age men with a job over the past 60 years….

Back in the 1950s, there were times when nearly 85 percent of all working age men had jobs.

We will never get back to anything close to that ever again.

Prior to the last recession, about 70 percent of all working age men were employed.

Since the end of the recession, that number has not gotten back to 65 percent at any point.

That means somewhere around 5 percent of all working age American men have been displaced from the workforce permanently.

The mainstream media would have us believe that we are experiencing an “economic recovery” but that is a massive lie.  The real unemployment numbers are much worse than we have been told.

If you take a look at all working age Americans (men and women), there are actually more than 100 million of them that do not have jobs right now.

I know that statistic can be hard to believe.  I had a hard time believing it at first.  But it is actually true.

Meanwhile, the incomes of those who are working continue to fall.  According to the U.S. Census Bureau, median household income in the United States has fallen for four years in a row.

But this is not a trend that just started recently.  According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

We are in the midst of a long-term economic decline and it is time for all of us to admit how bad things have really gotten.

So what are all of the men who are not working doing these days?

Well, there are some that have chosen to stay at home with the kids.  In a previous article, I discussed how the number of “stay at home dads” has doubled over the past decade.

But the overall percentage of “Mr. Moms” is still very, very low according to Fox News….

There were only about 81,000 Mr. Moms in 2001, or about 1.6 percent of all stay-at-home parents. By last year, the number had climbed to 176,000, or 3.4 percent of stay-at-home parents, according to U.S. Census data.

The vast majority of working age men still want to work outside of the home and earn a living for their families.

Unfortunately, most families need more than one income to make it these days.  In fact, in many cases both parents are working multiple jobs in an attempt to make ends meet.

Meanwhile, the number of good jobs continues to decline and the middle class in America continues to shrink.

This is hitting our young people that are just starting out particularly hard.  For example, during 2011 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed.

And as I have written about previously, this is resulting in huge numbers of our young people moving back home with Mom and Dad.

This is particularly true when it comes to young men.  According to CNN, American men in the 25 to 34 age bracket are nearly twice as likely to live with their parents as women the same age are….

The number of adult children who live with their parents, especially young males, has soared since the economy started heading south. Among males age 25 to 34, 19% live with their parents today, a 5 percentage point increase from 2005, according to Census data released Thursday. Meanwhile, 10% of women in that age group live at home, up from 8% six years ago.

How are our young men going to be able to get married and start families if they can’t find jobs and they are living in our basements?

Sadly, things are really hard for everyone right now.  Since June 2009, we have supposedly been in “the Obama recovery”, but median household income in America has fallen during that time period by $3040.

People keep waiting for things to “get better”, but it just isn’t happening.  This was beautifully illustrated the other night during a Saturday Night Live skit that had “Barack Obama” speaking in front of a rally of unemployed and underemployed workers.  You can find video of that skit right here.

There are millions upon millions of men (and women) all over America that are ready and willing to go back to work.

Sadly, there will never be enough jobs for all of them ever again, and that is not going to change no matter who wins the election.

In fact, when the next wave of the economic collapse hits the United States it is likely that unemployment is going to get a whole lot worse.

What will our society look like when that happens?

The Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The American Male

This economic decline has been really hard on everyone, but it has been particularly hard on American men.  During the last recession male employment dropped like a rock and it has not recovered much at all since then.  That is why many referred to the last recession as a “mancession”.  Industries where men are disproportionately represented such as construction and manufacturing have really been hit hard in recent years.  In the old days, you could take a high school education down to the local factory and get a job that would enable you to live a middle class lifestyle and support a growing family on just that one income.  Sadly, those days are long gone.  Today, American men live in a world where their labor is not really needed.  Wages are falling because almost any worker can be easily replaced by the vast pool of unemployed American workers that are currently searching for work, and a lot of big companies are shifting labor-intensive jobs overseas where workers only make a small fraction of what they make in the United States.  American workers (especially those without much education) are considered to be expensive liabilities in a world where labor has become a global commodity.  So the percentage of working age American men that have jobs is likely to continue to decline and wages are likely to continue to stagnate as well.

For many men, a long-term bout with unemployment can almost be worse than a major illness.  It can be really hard to feel like a man when you don’t have a job.  Men often see themselves as filling the “provider” role, and when they aren’t providing for their families self-esteem can fall through the floor.  It is easy to feel worthless when there is no money coming in and your wife and your kids are looking at you with worry every single day.

As you read this, there are millions upon millions of unemployed men sitting at home with a glazed look in their eyes.  When you talk with these men, many of them seem as though the life has been sucked right out of them.

As I wrote about recently, when you cannot find a job month after month after month people start to look at you differently.  Some start to look at you with pity in their eyes, and others start to look at you with disgust in their eyes.

Most Americans don’t really understand how much the economy has fundamentally changed, and many of them still believe that it shouldn’t be too difficult to find a job in “the greatest economy on earth”.

But things have changed.  If you don’t have a college education or some highly specialized skills then it is going to be exceedingly difficult to get a good paying job in this economy.

Unfortunately, finding a job is not going to be getting any easier.  Times are hard now, but they are going to be getting a lot harder.

The following are 16 signs that this economic decline is sucking the life out of the American male….

#1 During the last recession, men lost twice as many jobs as women did.

#2 According to the Economic Policy Institute, the “real entry-level hourly wage for men who recently graduated from high school” has declined from $15.64 in 1979 to $11.68 last year.

#3 During the recent economic downturn millions of men saw their family finances get absolutely destroyed.  According to the Federal Reserve, the median net worth of families in the United States declined “from $126,400 in 2007 to $77,300 in 2010“.

#4 As you can see from the chart below, in the 1950s there were times when nearly 85 percent of all working age men had a job.  Sadly, that number has stayed below 65 percent since the end of the last recession….

#5 More unemployed fathers than ever are staying at home with the kids.  Over the past decade the number of “stay at home dads” has doubled.

#6 Prior to the recession, women accounted for approximately 45 percent of the workforce.  Now, they account for 49.4 percent of the workforce.

#7 According to one new survey, 23 percent of all small business owners in America have gone for more than a year without pay.  More than half of all small business owners are men.

#8 The decline in manufacturing jobs has had a disproportionate impact on men.  Back in 1940, 23.4% of all American workers had manufacturing jobs.  Today, only 10.4% of all American workers have manufacturing jobs.

#9 More than half of all middle management jobs in America are now held by women.

#10 More than half of all health care jobs in America are now held by women.

#11 American men love to watch television.  But because of harsh economic conditions more families than ever are eliminating cable television service.  According to one survey, a whopping 6.9 million American homes cancelled cable service last year.

#12 According to the New York Times, approximately 57 percent of all Americans that are currently enrolled in college are women.

#13 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#14 According to another study, “young, urban, childless women” make more money in America today than young, urban, childless men do.

#15 According to CNN, in the United States today men in the 25 to 34 age bracket are nearly twice as likely to live with their parents as women the same age are….

The number of adult children who live with their parents, especially young males, has soared since the economy started heading south. Among males age 25 to 34, 19% live with their parents today, a 5 percentage point increase from 2005, according to Census data released Thursday. Meanwhile, 10% of women in that age group live at home, up from 8% six years ago.

#16 Our system often treats elderly American men like absolute trash.  Just check out what happened to one elderly veteran up in Montana recently….

Warren C. Bodeker is an 89 year old World War II Army Airborne combat veteran and war hero, living in Montana, who is being thrown off of his own land and thrown out of his own house, by Montana Federal Bankruptcy Trustee, Christy Brandon, with the approval of the U.S. Bankruptcy Court in Montana. And to make matters worse, Warren’s wife Lorna just died of cancer this past year, and is buried there on their land, right next to the house. Warren had planned to live there till he died and then be buried right next to his wife, there on their property at 11 Freedom Lane, in the town of Plains, Montana, but now, not only is he being forced off his land, he is being forced to exhume his wife’s body and take her with him.

As the ability of men (and women) to take care of their families continues to decline, the middle class continues to shrink rapidly.

Most Americans continue to expect our economy to be able to bounce back to where it was before, but the truth is that the U.S. economy is in the midst of a long-term decline.

We are heading for an absolute economic nightmare, and we desperately need to come together as a nation and find some real solutions.

Unfortunately, our nation is becoming more divided than ever, and most of our politicians are proposing that we continue to do the exact same things that got us into this mess.

So what do all of you think about “the mancession” and what this economic decline is doing to the American male?  Please feel free to post a comment with your thoughts below….

America In Decline: The Soul Crushing Despair Of Lowered Expectations

All over America tonight there are people that believe that their lives are over.  When you do everything that you know how to do to get a job and you still can’t get one it can be absolutely soul crushing.  If you have ever been unemployed for an extended period of time you know exactly what I am talking about.  When you have been unemployed for month after month it can be very tempting to totally cut yourself off from society.  Those that are kind will look at you with pity and those that are cruel will treat you as though you are a total loser.  It doesn’t matter that America is in decline and that our economy is not producing nearly enough jobs for everyone anymore.  In our society, one of the primary things that defines our lives is what we do for a living.  Just think about it.  When you are out in a social situation, what is one of the very first things that people ask?  They want to know what you “do”.  Well, if you don’t “do” anything, then you are not part of the club.  But the worst part of being unemployed for many Americans is the relentless pressure from family and friends.  Often they have no idea how hard it is to find a job in this economy – especially if they still have jobs.  Sometimes the pressure becomes too great.  Sadly, we are seeing unemployment break up a lot of marriages in America today.  Things are really hard out there right now.  A very large number of highly educated Americans have taken very low paying service jobs in recent years just so that they can have some money coming in even as they “look for something else”.  Unfortunately, in many cases that “something else” never materializes.  In the past, America was “the land of opportunity” where anything was possible.  But today America has become “the land of lowered expectations” and the worst is yet to come.

We live during a time when “the American Dream” is literally being redefined.  In the old days, just about anyone could get a good job that would pay enough to make it possible to buy a house, buy a nice car and raise a family.

Unfortunately, those days are long gone.  The following is from a recent NPR article….

The town of Lorain, Ohio, used to embody this dream. It was a place where you could get a good job, raise a family and comfortably retire.

“Now you can see what it is. Nothing,” says John Beribak. “The shipyards are gone, the Ford plant is gone, the steel plant is gone.” His voice cracks as he describes the town he’s lived in his whole life.

“I mean, I grew up across the street from the steel plant when there was 15,000 people working there,” he says. “My dad worked there. I worked there when I got out of the Air Force. It’s just sad.”

We live in an economy that is in serious decline.  In this environment no job is safe.  In fact, even Goldman Sachs is laying off workers these days.

Millions of Americans are suffering from deep depression because they can’t find jobs.  Many of them are sitting at home right now blankly starting at their television screens as they wonder why nobody wants to hire them.  Some have been unemployed for years and have sent out thousands upon thousands of resumes.  The following is from a recent article by J.D. Hicks….

I have a brilliant cousin with a $180K Syracuse education working part-time at a department store. She has literally sent out 38,000 resumes in the span of a year to no avail. I have another very bright friend with the kindest heart who is so desperate he has applied for dishwashing jobs and didn’t get them, sending him deeper into depression. I’m sure we all know people like this, or perhaps have even been there ourselves.

Society has trained us to believe that we are worthless without a job. Indeed, we feel worthless when we are unemployed with few prospects of making money. Family, friends, and peers constantly remind us in subtle and not-so-subtle ways that we “need” a job.

Have you ever been unemployed?

How did it make you feel?

How were you treated by your family and friends?

In the old days, a college education was almost a guaranteed ticket to the middle class.

But these days, a college education guarantees you absolutely nothing.

As a recent article by Jed Graham detailed, most young unemployed workers in America today have at least some college education….

For the first time in history, the number of jobless workers age 25 and up who have attended some college now exceeds the ranks of those who settled for a high school diploma or less.

Out of 9 million unemployed in April, 4.7 million had gone to college or graduated and 4.3 million had not, seasonally adjusted Labor Department data show.

Overall, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed last year.

It is tough to tell young college graduates with their whole lives ahead of them that they need to lower their expectations because America is in decline.

So where did all the jobs go?

Well, one place they went is overseas.  Over the past couple of decades, millions upon millions of good jobs have left the United States and have gone over to the other side of the world.

That is why you see gleaming new factories going up all over China even while our once great manufacturing cities are turning into crime-infested warzones.

But as a recent WND article reported, the WTO has a solution.  They plan to replace “Made in China” labels with “Made in the World” labels so that we don’t feel so bad about losing our jobs and our economic infrastructure…

The World Trade Organization is moving closer to eliminating country-of-origin labels and replacing them with “Made in the World” initiative labels because they say we need to “reduce public opposition to free trade” and “re-engineer global governance.”

As the number of middle class jobs has steadily declined in recent years, the number of low paying service jobs has increased.

In a previous article, I discussed how approximately one out of every four U.S. workers now makes $10 an hour or less.

Could your family survive on 10 dollars an hour?

Today, you can find hordes of very smart, very talented Americans flipping burgers, waiting tables and welcoming people to Wal-Mart.

Sadly, the United States now has a higher percentage of workers doing low wage work than any other major industrialized nation does.

Perhaps we should applaud our leaders for doing such a great job of destroying the American Dream.

Because so many Americans are working crappy jobs, a very large percentage of them have absolutely no savings to speak of.

According to one survey, 42 percent of all American workers live paycheck to paycheck.

I am constantly encouraging people to save up an “emergency fund” that will enable them to pay their bills for at least 6 months if they suddenly become unemployed.

Unfortunately, for many Americans that is simply not possible.  Way too many families are just barely scraping by from month to month.

Another area of the economy where Americans are facing lowered expectations is in housing.

In the old days, most Americans dreamed of owning their own homes.

But today we are being told that things have changed.  For example, a recent USA Today article was entitled “Home rentals — the new American Dream?“….

Steve and Jodi Jacobson bought their Phoenix-area “dream home” in 2005. They built flagstone steps to the front door. They tiled the kitchen and bathroom. They entertained often, enjoying their mountain views.

“We put our soul into that house,” says Steve Jacobson, 37.

Then, home prices tanked more than 50%. Steve, a software quality assurance engineer, suffered pay cuts. In 2010, foreclosure claimed the home and their $100,000 down payment.

The Jacobsons didn’t lose their desire to live in a single-family home, however. They now rent one, like many other former homeowners displaced by foreclosure.

Is that what we are supposed to tell future generations of Americans?

“Listen Johnny and Suzie, if you work really, really hard at your minimum wage jobs perhaps someday you will be able to rent a home that has been foreclosed by a big, greedy bank”.

It is so sad to watch what is happening to this country.

These days many Americans are scratching and clawing and doing everything that they can to make it, but they still find themselves short on money at the end of the month.

Many are turning to debt in an attempt to bridge the gap.  According to CNN, 40 percent of “low- and middle-income households” are using credit cards to pay for basic living expenses.

Overall, U.S. consumers have more than 11 trillion dollars in debt right now.

That is an incredible number.

As the economy has declined, a lot of families have completely given up trying to make it on their own and have turned to the U.S. government for financial help.  Today, an astounding 49.1 percent of all Americans live in a home where at least one person receives government benefits.

Just think about that number for a while.  It is one of the clearest signs that America is in deep, deep decline.

Unfortunately, things are about to get even worse.  The next wave of the financial crisis is unfolding in Europe and we will all be talking about another “major global recession” very soon.

That means that unemployment in the United States is going to get a lot worse.

For the millions upon millions of Americans that are already suffering through the horror of unemployment, that is really bad news.

Posted below is a trailer for a new HBO documentary entitled “Hard Times: Lost on Long Island”.  Please take a few minutes to watch this video, because I think it does a good job of showing the soul crushing despair that many unemployed Americans are going through right now….

So do any of you have any stories of lowered expectations to share?  Please feel free to post a comment with your thoughts below….

There Are 100 Million Working Age Americans That Do Not Have Jobs ***UPDATED***

The unemployment crisis in America is much worse than you are being told.  Did you know that there are 100 million working age Americans that do not get up in the morning and go to work?  No wonder why it seems like there are so many people that do not have jobs!  According to the federal government, there are 12.6 million working age Americans that are considered to be “officially” unemployed, but there are another 87.8 million working age Americans that are not working either.  The federal government considers those Americans to be “not in the labor force” so they are not included in the unemployment rate.  In fact, this is one of the key ways that the government manipulates the unemployment numbers.  The Obama administration would have us believe that the unemployment rate is going down and that that since the start of the last recession about as many Americans have left the labor force as we saw during the entire decades of the 1980s and 1990s combined.  Of course that is a bunch of nonsense, but that is what the Obama administration would have us believe.  The truth is that the percentage of working age Americans that are employed is just about the same right now as it was two years ago.  It was incredibly difficult to get a job back then and it is incredibly difficult to get a job right now.  So don’t believe the hype that things are getting much better.  If you still do have a good job, you might want to hold on to it tightly, because there is not much hope that things are going to improve significantly any time soon.

The first chart that I have posted below shows the total number of “officially” unemployed workers in America.  According to the Federal Reserve, that number is currently 12,673,000.  This chart makes it look like the employment picture in America is getting significantly better….

But if you dig deeper into the numbers you quickly see that this is not true.  A lot of those workers that were formerly classified as “unemployed” have now been moved into the “not in labor force” category.  Since the start of the last recession, the number of Americans not in the labor force has risen by more than 8 million according to the Obama administration.  The total number of working age Americans not in the labor force now stands at 87,897,000….

So when you add 12,673,000 and 87,897,000, you get a total of 100,570,000 working age Americans that do not have jobs.

Yes, there are certainly millions upon millions of working age Americans that do not have jobs and that do not want jobs.

But you have to be delusional to believe that there are nearly 88 million working age Americans that do not have jobs and that do not want jobs.

The Obama administration tells us that the labor force participation rate is now the lowest it has been since 1984.  But back then, a very large percentage of women were staying home and raising families.  The percentage of stay at home mothers has declined steadily since then.

So the truth is that the employment statistics that we are being fed are not portraying an accurate picture of what is really going on.

As a CNN article recently explained, there are millions of Americans that say that they would like to have a job even though they have not been “actively” looking for one in the past four weeks.  If those people were included in the unemployment rate, it would immediately shoot up to around 11 percent….

About six million people claim they want a job, even though they haven’t looked for one in the last four weeks. If they were to all start applying for work again, the unemployment rate would suddenly shoot up above 11%.

If you want a much more accurate picture of what is really happening to the employment situation in America, the key is to look at the employment to population ratio.  As I have written about previously, the percentage of working age Americans that have jobs is not increasing.

Let’s take a look at the employment to population ratio for the last six years for the month of March….

March 2007: 63.3%

March 2008: 62.7%

March 2009: 59.9%

March 2010: 58.5%

March 2011: 58.5%

March 2012: 58.5%

The percentage of the working age population that had jobs fell rapidly during the recession and it has stayed very low since then.

When Barack Obama tells you that “America is going back to work” he is lying to you.

The cold, hard reality of the matter is that there are millions of hard working Americans that have been sitting at home for years hoping that a new job will come along.

Back in 2007, approximately 10 percent of all unemployed Americans had been out of work for one year or longer.

Today, that figure is above 30 percent.

The average duration of unemployment in the United States today is about three times as long as it was back in the year 2000.

And according to a recent Wall Street Journal article, the number of announced job cuts is actually rising again….

Also, announced jobs cuts rose 7.1% in April, according to Challenger, Gray & Christmas, to 40,599 — and up 11.2% from last April — another bit of evidence that the jobs market isn’t doing well.

Economic conditions in the United States have been steadily getting worse for quite a while, but that is not the only reason for our employment problems.

There are two other trends that I want to briefly mention.

1) A lot of jobs that used to be very labor intensive are now being replaced by technology.  Thanks to robotics, automation and computers, a lot of big companies simply do not need as many workers these days.  Those are jobs that are never going to come back.

2) As labor has become a global commodity, millions upon millions of U.S. jobs have been sent overseas.  Today, you are not just competing for a job with your neighbors.  You are also competing with workers on the other side of the globe.  Unfortunately, it is legal to pay slave labor wages in many of those countries.  By sending our jobs out of the country, big corporations can also avoid a whole host of rules, regulations, taxes and benefit payments that they would be facing if they hired American workers.

So U.S. workers are at a massive competitive disadvantage.  Why should a big corporation pay 10 or 20 times more for an American worker when they can pad their profits by exploiting cheap foreign labor?

The sad truth is that the value that the marketplace puts on the labor of the average American worker is continually decreasing.

This is making it much more difficult to find a job and it is keeping wages down.

In the old days, pretty much any man that was a hard worker and that really wanted a good job could go out and get one.

But now all of that has changed.  Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.

And sadly, the vast majority of the jobs that are being lost are good jobs.  As I wrote about the other day, 95 percent of the jobs lost during the recession were middle class jobs.

So how are middle class families making it these days?

Many of them are going into tremendous amounts of debt.  As a recent CNN article detailed, the average debt load being carried by those of us in the bottom 95 percent of all income earners has risen dramatically over the past several decades….

In 1983, the bottom 95% had 62 cents of debt for every dollar they earned, according to research by two International Monetary Fund economists. But by 2007, the ratio had soared to $1.48 of debt for every $1 in earnings.

Unfortunately, many American families are absolutely maxed out at this point.  According to one recent survey, approximately one-third of all Americans are currently paying their bills late.

If your goal is to live a middle class lifestyle, you need to realize that the entire way that the game is being played is changing.

In the old days, you could start out with a company as a young person and stay with that company until you retired.  If you worked hard and you were loyal, there was a really good chance that the company would recognize that and be loyal to you too.

These days, most companies are absolutely heartless when it comes to their workers.  The good job that you have today could be gone tomorrow.  Workers are increasingly being viewed as “liabilities”, and there is a good chance that the moment you become “expendable” to your company you will be kicked out on the street.

That is one reason why I am encouraging people to consider starting their own businesses.  If you work for someone else, your security can be taken away from you at any moment.  But if you work for yourself, you aren’t going to get fired.

Unfortunately, tough economic times are coming and things are not going to be easy no matter what road you take.  It will be imperative to work harder than ever, to stay flexible, and to never, ever give up.

***UPDATE***

Since the monthly jobs numbers were released on Friday I thought I would update this article to reflect the latest figures.

The federal government has announced that the unemployment rate has declined to 8.1 percent.

That certainly sounds like good news.

But knowing better, I immediately went and checked how the employment to population ratio had changed.

Well, it turns out that the employment to population ratio has fallen once again.

That means that a smaller percentage of working age Americans had jobs in April than in March.

The following are the figures for the past three months….

February 2012: 58.6%

March 2012: 58.5%

April 2012: 58.4%

If the percentage of people that have jobs is going down, then how can they claim that things are getting better?

The following are the two Federal Reserve charts posted above after they have been updated with the new numbers.  These charts are very revealing.

1) There are now 12,500,000 workers that are “officially” considered to be unemployed….

2) There are now 88,419,000 Americans that are considered to be “not in the labor force”.  Please note that this number rose by 522,000 in just a single month!….

Okay, so now let’s do the same math that we did before.

12,500,000 unemployed workers plus 88,419,000 Americans that are “not in the labor force” equals 100,919,000 working age Americans that do not have jobs.

That number just continues to climb at a very rapid pace.

When is the mainstream media going to start telling us the truth?

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