Poll
Question:
How Many Unemployed Folks Do You Know?
Option 1: 1-2
votes: 3
Option 2: 2-3
votes: 2
Option 3: 3-4
votes: 0
Option 4: 3-5
votes: 1
Option 5: 5+
votes: 1
I must be a bit isolated. I know 2 people that are laid off/unemployed. And both of them are making a little cash on the side.
According to the Govt figures I should know anywhere from 9 to 14 percent of all my acquaintences as on the unemployed list.
Guess I have a small circle of friends and relatives.
sparks
I only know personally about 2. My neighbor said it best.
When your neighbor is unemployed is is a recession but when you are unemployed it is a depression.
Most of my neighbors are retired business folk or professional types.
I believe that myself and about three other guys are still working.
Yep, paying taxes, contributing to social security, medicare, etc
Great life.......If you don't weaken.
sparks
I know too many. The company that I used to work for just closed and kicked 51 people to the curb. I think 15 of them have found employment. These are high functioning / well compensated engineer types, and I suspect that some will either have to move or will face a bit of an extended unemployment.
NM_Shooter what kind of engineers? We have a hard time finding good electrical/control engineers.
I think it depends on the demographics of the people you know.
Take a look at the employment report done in March 2011, specifically the chart on page 2.
http://assets.aarp.org/rgcenter/ppi/econ-sec/fs220-employment.pdf
For the age group of 16-24, the unemployment rate is 17% while for the age group of 25-54 it is just under 8% with 55+ being 6.5%.
If you are surrounded by people not hardest hit you might not see the problem as others do. Everything in life is about perspective.