As we know, the official figures for unemployment do not reflect the reality since they do not take include people who settled for partial employment, nor those who stopped looking for a job. Yet, even the official statistics is pretty bad. the government is "wishing upon a star" to reduce unemployment to 6% by the year 2015. I just read what that actually means. Please read a quote below:"At the moment, 6.3 Million people remain unemployed for over six months - an increase of 5 million since the start of the recession in December of 2007. To reach the White House's projection of a 6% unemployment rate by 2015, the US would need to create 225,000 jobs per month, every month, for the next five years. But that kind of long term job growth has never been seen before. The year 2006, was the only year in US history that had job gains average over 225,000. But that was for just a single year - doing it for five years may be too much of a stretch."
I hope the White House is on really good terms with some powerful fairy out there who can make their wish come true.
No comments:
Post a Comment