Unemployment A Fixture for Progressives : Increasing the Voter Base

Little wonder Mr Obama and his progressive socialists liberal party has pivoted away from the disaster that is ObamaCare and the economic prospects of prosperity for the nation, forcing this country into becoming a third world failed nation.

Employers have found ways to change how they do business rather then hiring. And on top of the economy being forced into long term recession by forcing the progressive democrat philosophy of income redistribution on the country, now comes the ObamaCare demands for small business to insure everyone no matter the circumstances the business find themselves in.

The prospects for a resurgence in employment for the near future is not good. As long as the progressive socialist believe the best way to increase employment is to create more government jobs, the private sector will continue to find ways to innovate their businesses to gain profits without expanding their labor force.

Bleak Prospects for Long-Term Unemployed
Source: Binyamin Appelbaum, "Unemployed? You Might Never Work Again," New York Times, March 20, 2014. Alan Krueger, Judd Cramer and David Cho, "Who Are the Long-Term Unemployed and What Happens to Them?" Brookings Institution, March 20, 2014.

March 31, 2014

A new study indicates that the long-term unemployed run the risk of never reentering the workforce, says the New York Times. Alan Krueger, Judd Cramer and David Cho, economists at Princeton University, show how the future job prospects of the unemployed deteriorate more rapidly the longer a person is out of the workforce.

• Only 11 percent of the long-term unemployed in a given month return to full-time employment a year later.
• The unemployed -- compared to the employed as a whole -- are younger, more likely to be single and less well-educated.
• But comparing the long-term unemployed with the short-term unemployed, the long-term unemployed tend to be older and unmarried. Forty-four percent of the long-term unemployed were never married, while 20 percent are widowed, separated or divorced.

The long-term unemployed are only counted as "unemployed" if they are still looking for work (those who are no longer looking for work are not considered part of the labor force, and therefore are not included in unemployment figures). As such, why do those who do persist in looking for work become less and less successful in finding a job as time goes on?

• The study provides two rationales. One is that workers become discouraged over time and search less intensively for a job.
• The second is that employers discriminate against the long-term unemployed (expecting, whether valid or not, that there must be a reason that they have been unemployed for so long).

The paper also notes that the long-term unemployed tend to be older and more highly-educated than the short-term unemployed. This could mean that their labor is simply more expensive but that their prospects would improve with an improved economy.

The study also provides evidence that very few are able to find jobs in new industries -- that transitioning workers to growing industries such as the health care sector, for example, is a challenge.