
Provided by the Business Insider, August 9, 2010:
The U.S. unemployment situation becomes ever more complex the more you dig into it.
It's far from simply a problem of there not being enough jobs for people to do.
In fact, since the middle of 2009 the number of job openings has risen at twice the rate of actual hires, according to the Wall Street Journal. Despite the massive pool of unemployed Americans, there's a growing number of unfilled positions.
Shouldn't the glut of jobless Americans be immediately filling any available job as it appears?
Well, it's not happening that way. Many companies are actually having a hard time filling open positions, and there are many factors at play behind this.
One reason is that higher-skill positions can't find enough higher-skilled Americans. After all, while there's a glut of unemployed lower-educated Americans, higher-educated Americans remain decently employed. Another issue is that Americans stuck with underwater mortgages, ie. who owe more than their home is worth, aren't able to move for potential jobs. That's a fair excuse.
Yet beyond the two factors above, many Americans continue to enjoy the luxury of choice, despite being long-term unemployed:
WSJ:
Some workers agree that unemployment benefits make them less likely to take whatever job comes along, particularly when those jobs don't pay much. Michael Hatchell, a 52-year-old mechanic in Lumberton, N.C., says he turned down more than a dozen offers during the 59 weeks he was unemployed, because they didn't pay more than the $450 a week he was collecting in benefits. One auto-parts store, he says, offered him $7.75 an hour, which amounts to only $310 a week for 40 hours.
"I was not going to put myself in a situation where I was making that small of a wage," says Mr. Hatchell. He has since found a better-paying job at a different auto-parts dealer.
It's not that there aren't opportunities, it's that there aren't opportunities that match many Americans' expectations:
At Emirates, four cabin-crew job fairs the airline held in Miami, Houston, San Francisco and Seattle attracted an average of about 50 people each, compared to a global average of about 150 and as many as 1,000 at some events in Europe and Asia. "I would have liked to have seen more and would have expected to see more," says Rick Helliwell, vice president of recruitment.
The jobs require little more than a high-school diploma and fluency in English. They include free accommodation and medical care, and starting pay of about $30,000 a year. Mr. Helliwell speculates that Americans might be hesitant to move to Dubai, where the jobs are based. "Maybe they have less of an adventurous spirit" given the uncertainties they face at home, he said.
This is just one example, but tons of people around the world would die for an opportunity like this. You go through the grind for a few years, with one of the best airline brands, then find something that better fits your other life needs once you have some experience. It can lead to decent opportunities and global experience, especially for someone with only a high school diploma.
Yet it received a tiny amount of interest despite the massive pool of unemployed Americans. Which makes one wonder what kind of economic downturn this is. It certainly isn't anything like the American depression given unemployed Americans' ability to be picky.
I am 57 years old. Recently sold my business. I can't stay idle! Looking for work is a process that will take time. Why do you have to fill out an application when your being asked the same questions on your resume'? If these companies are taking their time to review a resume' and an App. More paperwork more cost to review the documents and more time for me to have to fill out and not being able to go to the next job.
If the Shoe fits Employer with a resume' then why until you decide to talk to you are wasting all of this energy?
I am 57 years old. Recently sold my business. I can't stay idle! Looking for work is a process that will take time. Why do you have to fill out an application when your being asked the same questions on your resume'? If these companies are taking their time to review a resume' and an App. More paperwork more cost to review the documents and more time for me to have to fill out and not being able to go to the next job.
If the Shoe fits Employer with a resume' then why until you decide to talk to you are wasting all of this energy?
This article is a bit of a joke. Yeah, how many people are going to race to a job that pays $310/wk compared to $450/wk in unemployment benefits which replaces about 60% of lost income so he was making about $750 in his last job. Yes, some 6 figure executive who gets layed off could try to compete against his teenage kids for jobs at McDonalds, but it just doesn't work like that . . . at least until things get truly desperate. And that's really not how it's supposed to work. The idea is to give you time to find a comparable job. Maybe making a little less, but comparable. $310/wk is not comparable to $750/wk. If anything he would be doing a disservice by taking a job from someone for whom $310/wk IS a comparable job.
This a stupid one sided article. Who in there right mind would move to Dubai? Most people have families, those jobs are for you people who are just starting careers. Also, they are not high paying or high skills opportunities. What will happend in the next five years, a worker that has low "business" and tech skills and cannot get a decent job,because the company did not invest in them. All companies like to higher foreign workers anyway, higher them, don't they know English. Or maybe, they can't come into this country....I wonder.
The two examples are hardly jobs with a future. One is low paid, the other requires relocation to another part of the world. But both examples rightly illustrate the issue of global wage arbitrage. Americans are having trouble adjusting to lower pay and the mobility required of globalization. Bye, bye post war middle class and hello 19th century indentured servitude.
Blah Blah Blah...You people point fingers at the democrats or Republicans all the while not figuring it out that they BOTH are the enemies of this once great nation. It is rich against the poor, not black against white, or gay against straight. These tactics are ancient, and meant to devide and conquer...looks like they have succeeded.
Revolution is the only answer now!
Sharron Angle, Jon Kyl, Michele Bachmann, Sarah Palin, Mitch McConnell, John Boehner, Joe Barton and the rest of the corrupt Republican cronies should be on trial as American traitors and give them all “Sharron Angle Second Amendment remedies”. None of these corporate lackeys ever worked an honest days work in their life. Sarah Palin could not even finish her term in the cushy Alaska Governor’s office. At the very least, if these confused/corrupt/misguided deceptacons love the ultra-rich and corporate America so much, they should resign their public positions (if not done already) and serve those private interests without pretending to serve the public.
We are prisoners to our corrupt political system courtesy of corrupt corporations and their lobbyists. In many ways, Republicans and Democrats are alike although Republicans are at least 3 times worse than Democrats. Republicans are twice as corrupt and only half as smart. One only has to look at the Republican mouthpieces of Sarah Palin and Sharron Angle to realize that Republicans are inept, corrupt, or both. At least Democrats try to help the people. Republicans can only ramble on about how great capitalism is, when in reality, America no longer has capitalism. Due to corporate corruption, America only can boast of corporate cronyism and monopolism, enforced by troops of lobbyists. But you do have a say. Vote out every last corporate lackey (most Republicans, a few democrats) and keep on doing it. Demand term limits. Just like diapers, DIRTY politicians need to be changed often.
yOU ARE TAKING FOOD OUT OF MOUTHS OF THE UNBORN NEXT GENERATION.
GET YOUR SORRY A$$ TO WORK.
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