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(CNN)   At current pace of economic recovery, we might get back to 5% unemployment around 2074   (money.cnn.com) divider line 68
    More: Sad, mid-August, job market, Daniel Penrod  
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956 clicks; posted to Business » on 02 Dec 2010 at 7:55 PM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



68 Comments   (+0 »)
   

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2010-12-02 04:57:05 PM
Yea, cause, economic recovery never fluctuates.
 
2010-12-02 05:00:40 PM
Or they'll just change the way "unemployed" is defined again.
 
2010-12-02 05:30:05 PM
At the 2007-2009 rate we'll be at 100% unemployment in less than 50 years!!1
 
2010-12-02 05:38:09 PM
Good thing the job-creators are creatin' them jobs, eh?
 
2010-12-02 05:59:41 PM
SoxSweepAgain: Or they'll just change the way "unemployed" is defined again.

They've apparently already changed how it's spelled.
 
2010-12-02 06:20:21 PM
Told you to buy guns ammo and canned goods.

/trollin
 
2010-12-02 06:34:02 PM
basemetal: Told you to buy guns ammo and canned goods.

/trollin


stocked up on bottled water.
being on the 20th floor makes me pretty safe from looters.

should be enough to last until the weak die off
 
2010-12-02 06:36:05 PM
We should start burning Republicans for fuel.
 
2010-12-02 06:37:23 PM
This is bad news. I pull my car out of my driveway at about 2-3 mph. This means that my commute to work will now take four hours each way.

Thanks a lot, Obama.
 
2010-12-02 06:38:42 PM
Everyone start learning to speak Chinese. You'll need it to be able to talk to your new bosses.
 
2010-12-02 06:40:40 PM
namatad: being on the 20th floor makes me pretty safe from looters.

Well, till someone sets the ground floor on fire...
 
2010-12-02 07:00:31 PM
snuff3r: namatad: being on the 20th floor makes me pretty safe from looters.

Well, till someone sets the ground floor on fire...


goddammitsomuch

going with the "steel and brick" doesnt burn that easily and hoping there is enough water in the sprinklers to put it out ...

on the plus side, dropping rocks from the roof works pretty well if the zombies stack up outside the building
 
2010-12-02 07:02:31 PM
When Bush was around, the only underemployed persons in the nation were the latinos hanging around the Home Depot. Those were the halcyon days. The salad days.
 
2010-12-02 07:23:48 PM
namatad: on the plus side, dropping rocks from the roof works pretty well if the zombies stack up outside the building

Zombies can't start fires so you're safe on that front =)
 
2010-12-02 07:26:51 PM
That was a spectacular spell fail, subby. I gotcha.
 
Bek
2010-12-02 07:28:53 PM
Cagey B: This is bad news. I pull my car out of my driveway at about 2-3 mph. This means that my commute to work will now take four hours each way.

Thanks a lot, Obama.


Outstanding.
 
2010-12-02 07:33:45 PM
Bek: Cagey B: This is bad news. I pull my car out of my driveway at about 2-3 mph. This means that my commute to work will now take four hours each way.

Thanks a lot, Obama.

Outstanding.


I just caught part of The Breakfast Club today, so I read that in the Judd Nelson voice. So, long story short, you owe me a new keyboard.
 
2010-12-02 07:40:47 PM
I'm sure someone is ready to hire you as a proof reader anytime subby.
 
2010-12-02 07:51:10 PM
upright: That was a spectacular spell fail, subby. I gotcha.

i54.tinypic.com

/Welcome to my Failtorium!
 
2010-12-02 07:52:46 PM
blog.buzzflash.com
 
2010-12-02 08:02:27 PM
But I thought all those Bush tax cuts were going to create jobs?
 
2010-12-02 08:05:13 PM
at the current rate, the cubs won't win the world series until 2112!
 
2010-12-02 08:11:09 PM
Please. Most of the long term unemployed will have died or starved long before then.
 
2010-12-02 08:11:39 PM
Interesting fact. Unemployment in Accounting is already about 5%.
 
2010-12-02 08:18:30 PM
I'll be unemployed in 2074. Either because I'm 90 or because I'm dead.
 
2010-12-02 08:27:34 PM
Waaait, I was told that a steadily increasing population, capitalism's inexorable drive toward greater efficiency, and scientific advancement generating constant increases in worker productivity and automation would mean jobs for all! I was lied to!

Eventually we're going to reach a point where the number of menial tasks will be far outstripped by the number of people suited for them. And we damn sure don't pay enough to the ones that are employed to prop up any sort of economy in which they themselves are job creators; they pay bills and little more, and landlords aren't exactly magnates of job creation. Mass unemployment as the norm is a very real possibility in the next several decades. Has anyone put any thought whatsoever into what we'll do then?
 
2010-12-02 08:29:04 PM
imgs.xkcd.com
 
2010-12-02 08:41:55 PM
FlashHarry: at the current rate, the cubs won't win the world series until 2112never!
 
2010-12-02 09:02:38 PM
dudemanbro: We should start burning Republicans for fuel.

Yeah, that Hopey and Changey mantra is doing everything you thought it would do for for you. Stick with it.
 
2010-12-02 09:07:32 PM
The Smoking Gunt: Yeah, that Hopey and Changey mantra is doing everything you thought it would do for for you. Stick with it.

Are we losing 700,000 jobs per month? No? Then I'll stick with what we've got now. THANKS FOR ASKING!
 
2010-12-02 09:08:35 PM
dudemanbro: We should start burning Republicans for fuel.

Eat the rich, start with their children...
 
2010-12-02 09:10:51 PM
The Smoking Gunt: dudemanbro: We should start burning Republicans for fuel.

Yeah, that Hopey and Changey mantra is doing everything you thought it would do for for you. Stick with it.


Actually, for me it's the Republican vision of the future that makes me lose hope. America has no chance with the White Shirts at the helm.
 
2010-12-02 09:14:55 PM
Occam's Chainsaw: Waaait, I was told that a steadily increasing population, capitalism's inexorable drive toward greater efficiency, and scientific advancement generating constant increases in worker productivity and automation would mean jobs for all! I was lied to!

Eventually we're going to reach a point where the number of menial tasks will be far outstripped by the number of people suited for them. And we damn sure don't pay enough to the ones that are employed to prop up any sort of economy in which they themselves are job creators; they pay bills and little more, and landlords aren't exactly magnates of job creation. Mass unemployment as the norm is a very real possibility in the next several decades. Has anyone put any thought whatsoever into what we'll do then?


Kurt Vonnegut did, read 'Player Piano'.
 
2010-12-02 10:03:20 PM
MusicMakeMyHeadPound

saved me some work.
thank you
 
2010-12-02 10:08:15 PM
FlashHarry: at the current rate, the cubs won't win the world series until 2112!


Obligatory:
pics.livejournal.com
 
2010-12-02 10:08:51 PM
shanrick: Everyone start learning to speak Chinese. You'll need it to be able to talk to your new bosses.

The primary reason I doubt the Chinese will take over the world:

You know how our country (America) is looking like it's going to have some serious financial problems due to a quickly growing population of old people (Baby Boomers)? Remember, also, that whole "One Child" policy China had for a while? You do the math......
 
2010-12-02 10:14:44 PM
Con_Authority: The Smoking Gunt: dudemanbro: We should start burning Republicans for fuel.

Yeah, that Hopey and Changey mantra is doing everything you thought it would do for for you. Stick with it.

Actually, for me it's the Republican vision of the future that makes me lose hope. America has no chance with the White Shirts at the helm.


4.bp.blogspot.com

Why won't they leave us alone!
 
2010-12-02 10:38:35 PM
namatad: snuff3r: namatad: being on the 20th floor makes me pretty safe from looters.

Well, till someone sets the ground floor on fire...

goddammitsomuch

going with the "steel and brick" doesnt burn that easily and hoping there is enough water in the sprinklers to put it out ...

on the plus side, dropping rocks from the roof works pretty well if the zombies stack up outside the building


Only until you run out of rocks.
 
2010-12-02 10:46:29 PM
Things are looking up where I work. I hear similar stories from other people.

Anecdotes, for sure. But I still find it reassuring.
 
2010-12-02 11:32:52 PM
Once the baby boomers retire, there will be jobs for everyone. And we can use the elderly for fuel.
 
2010-12-02 11:33:23 PM
The number of Americans filing for their first week of unemployment benefits ticked up again last week, after falling to the lowest level in two years the week before.
==============================================================

So wait, it fell then went up. How is that 'again'?

Also, 'Forecasts from Briefing.com had expected initial claims to rise to 422,000.', they had EXPECTED it to rise, probably for seasonal reasons.

So, in other words, we ticked upwards in a normal way that was SLIGHTLY more than expected but this is only slightly worse than the best numbers since before the recession.

In other words, non-news.

This is fark, though, so I guess we're doing our jobs :)
 
2010-12-03 12:20:21 AM
Honest Bender: shanrick: Everyone start learning to speak Chinese. You'll need it to be able to talk to your new bosses.

The primary reason I doubt the Chinese will take over the world:

You know how our country (America) is looking like it's going to have some serious financial problems due to a quickly growing population of old people (Baby Boomers)? Remember, also, that whole "One Child" policy China had for a while? You do the math......


sounds more like they're going to avoid us like the plague
 
2010-12-03 12:27:35 AM
The Smoking Gunt: dudemanbro: We should start burning Republicans for fuel.

Yeah, that Hopey and Changey mantra is doing everything you thought it would do for for you. Stick with it.


Yeah, woulda been better to keep on pluggin' with McCainyism and more Bushyism.

/Fark the GOP.
 
2010-12-03 01:16:13 AM
With the boomers retiring there is going to be a bubble in hiring. We should see a strong downward force on unemployment (over a normal recovery) in about 2-4 years and to last 5-7 years. And good riddence. Pappa wants a promotion when those old fogies leave those high paying jobs.
 
2010-12-03 01:22:52 AM
Incontinent_dog_and_monkey_rodeo: Once the baby boomers retire

There are millions of marble countertops to be paid off yet
 
2010-12-03 01:53:22 AM
i just found an awesome job that keeps me right above the poverty line and naively optimistic for the future so im getting a kick out of this thread.
 
2010-12-03 02:00:51 AM
Now that we've learned that the Fed out bailed banks to the tune of between two and six Trillion, much of which the banks have dutifully invested overseas, we get to see how long will the US can survive on recycling secondary wealth. This will be an interesting historical perspective. Except perhaps for agriculture, we've given up most manufacturing and resource harvesting to foreign-owned companies. What's left for the average American worker besides running corporate storefronts? Lawncare and interior decorating for the people who have ownership stakes in the few swindles that are still operating successfully? Beancounter positions and the like aren't going to last forever, and even your cushy IT jobs will get gobbled up or made obsolete by massive turnkey operations, even if they do charge twice as much for work a tenth the quality.
 
2010-12-03 02:02:56 AM
shanrick: Everyone start learning to speak Chinese. You'll need it to be able to talk to your new bosses.

When I was in high school (Class of '92) they told us something similar, except it was Japanese.

Also, "experts" cautioned Social Security could be gone by 2010

*yawn*.
 
2010-12-03 02:52:22 AM
At its current pace, the ball that I just tossed into the air should hit the moon sometime in early 2012.

/no, wait... correction, it is going to hit the center of the Earth late next week
 
2010-12-03 04:20:14 AM
100 weeks of unemployment and you get made into soylent green ... problem solved ONCE AND FOR ALL
 
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