September Unemployment: ACTUAL LOSS 995k

[auntiegrav]

How many of the employed are actually working for the government, contractors paid by the government, or services and other jobs (automobiles) that are sold to the government?

So many people running around fighting a public option on health financing (it's no longer about health 'care', but health 'finance') based on a fear of 'socialism'...tsk tsk tsk.

Anyway, when looking at all of the employment figures, think of this:

Only about 1-2% of the workforce is producing food for everyone.
There are already more houses than we need.
The earth is warming, so fewer clothes are necessary.

So, a 17% unemployment rate, based on only 1% actually being needed, is just the tip of an iceberg that nobody really wants to look at: the fact that 99% of the workforce is doing stuff that nobody needs done, and if you can believe any part of "The Story of Stuff", that 99% is ending up in a landfill or the atmosphere.

Chew on that for a while and get back to me.
Better yet, chew on something you are growing in your garden and don't bother getting back to me.

[mgcardin]

The fact of the matter is that nearly 1 million fewer people were working in September as compared to August; there has been absolutely no improvement in that trend whatsoever.

That fits with the story I posted a few days ago that showed that the number of food stamp recipients increased by 1,000,000 from August to September alone.   

An Oct. 3 AP story reported that Texas, which is currently suffering only mildly compared to most other states, is in process of hiring 250 more people to handle food stamp-related applications and issues because the its public benefits agency is "overwhelmed" and many people are waiting months to get food aid. The move was prompted by the threat of federal money being cut off due to the delays in the state system.

(It's an easy article to find; if you search using terms like "Texas" and "food-stamp workers," you're sure to find it.)

[hillwalker]

Actually it does.. & in the very first line...

Anyway, here it is : http://www.bls.gov/news.release/pdf/empsit.pdf

look at Table A-1 page 11.

Thanks,
got it.

[lowem]

Only about 1-2% of the workforce is producing food for everyone ... a 17% unemployment rate, based on only 1% actually being needed, is just the tip of an iceberg that nobody really wants to look at: the fact that 99% of the workforce is doing stuff that nobody needs done ...

Yep, and also, that's because that 1-2% of farmers have got help from things like fertilizers, and depending on size and scale, machines like tractors, trucks and such. Remember "eating fossil fuels" - without these inputs or even perhaps less of these inputs, that figure would grow to a lot more than 1-2%.

[BlueOwl]

I wonder if shadowstats will update their graph or if his methodology would pick up this discrepancy:

[freeyourmind]

Only about 1-2% of the workforce is producing food for everyone ... a 17% unemployment rate, based on only 1% actually being needed, is just the tip of an iceberg that nobody really wants to look at: the fact that 99% of the workforce is doing stuff that nobody needs done ...

Yep, and also, that's because that 1-2% of farmers have got help from things like fertilizers, and depending on size and scale, machines like tractors, trucks and such. Remember "eating fossil fuels" - without these inputs or even perhaps less of these inputs, that figure would grow to a lot more than 1-2%.

I would actually argue that wihtout fossil fuel inputs the number woud grow to 100%, and people would still be starving to death quickly. Our soil is depleted of nutrients, and it aint gunna be easy to get them back!