Almighty Dollar

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Posts tagged unemployment

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There is no crisis of rampant unemployment caused by people who have come to this nation to work and to make a better life for themselves and their families. Our nation’s current unemployment and underemployment situation is a result of a recession and economic upheaval caused by greed and fraud by enormous investment and financial firms, by regulators and enforcement officials who have allowed all of it to happen, without any accountability by the perpetrators, and by the corruption and ineptitude of those who were elected to represent our interests but who instead have served the corrupt interests of their campaign contributors by de-regulating the financial industry.

Let us all understand the true causes of our recent economic travails and take measures to correct our nation’s course, rather than being diverted by the hostility and misinformation that has led to mindlessly scapegoating immigrants.

Rocky Anderson, Immigration Rally and March 

(Source: rockyanderson2012, via occupyonline)

Filed under economy jobs unemployment immigration economic crisis scapegoat immigrants scapegoating immigrants Rocky Anderson quote

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The global youth unemployment crisis


Youth unemployment

Again, Again, Again we post about the crisis of the jobless youth. 


The global financial crisis had many causes, and there’s a lot of blame to go around. But the one group which is almost entirely blameless is the group being hit the hardest, over the long term, by the crisis. And I worry very much about how the global economy will fare in decades to come as this cohort of workers, angry and deeply scarred by the post-crash economy, is tasked with driving economic growth. [Reuters]

(Source: meearth)

Filed under economy unemployment jobs youth youth unemployment youth unemployment crisis global financial crisis jobless youth

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Hunger up in U.S. cities, more to come


(Reuters) - A survey of 29 U.S. cities shows hunger has risen in most of them in the last year and is largely expected to increase in 2012, the U.S. Conference of Mayors said on Thursday.

Eighty-six percent of the survey cities reported requests for emergency food aid had increased in the last year, the study by the mayors’ group said. Two cities said they had stayed the same.

Unemployment led the list of causes of hunger, followed by poverty, low wages and high housing costs.

No survey city expected requests for emergency food aid to drop over the next year, and 93 percent expected a rise. The number of homeless people rose by an average of 6 percent for the survey cities, with 42 percent reporting an increase and 19 percent saying the number stayed the same.

The number of homeless families was up an average of 16 percent.

Officials in 64 percent of the cities expected the number of homeless families to increase, and 55 percent of them expected the number of homeless individuals to rise.

(via amodernmanifesto)

Filed under economy politics hunger on the rise emergency food aid unemployment poverty low wages

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Occupy: Knowledge is Power

Boston Review has been covering the Occupy Wall Street movement from its early stages. Drawing attention to the plight of the unemployed and the injustice of the modern economy is a worthwhile endeavor, and we support any effort to do so.

Below, you’ll find large (36 x 24 in.) color posters relaying some of the more shocking statistics of the modern era, from the disproportionate share of tax revenue to the rising inequity in household income. Thanks to Mother Jones, who assembled the data and graphics. We’ve enlarged them for you to download, print, and distribute, on Wall Street and elsewhere.

Filed under economy economics social injustice ows unemployment Mother Jones