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Weigookin74
Joined: 26 Oct 2009
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 Posted: Mon Apr 07, 2014 5:05 am Post subject: Americans leaving Korea? |
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Americans leaving Korea now? After reading something on here, I decided to do an online search. US unemployment rate so so. But many states have a more respectable average. More than I thought.
http://www.ncsl.org/research/labor-and-employment/state-unemployment-update.aspx
Once you start getting down below or even near 6%, at least a lot of those state grads will avoid coming over here. Hopefully in a couple of years wages will start rising again and a taste of the good old days will return. Though I'm sure it will never quite be the same. |
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Who's Your Daddy?
Joined: 30 May 2010
Location: Victoria, Canada.
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| Posted: Mon Apr 07, 2014 3:41 pm Post subject: |
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| Anecdotally, I've noticed Americans (and white South Africans) seem to be staying longer than other Big 7 citizens. I've wondered if it is because of the health care? |
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nate1983
Joined: 30 Mar 2008
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| Posted: Mon Apr 07, 2014 9:50 pm Post subject: |
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| Who's Your Daddy? wrote: |
| Anecdotally, I've noticed Americans (and white South Africans) seem to be staying longer than other Big 7 citizens. I've wondered if it is because of the health care? |
Speaking for the US, it could be that certain Commonwealth countries have a "gap year" culture where taking a year or so off is seen as more normal and doesn't impede your chances in the labor market. Just a thought. |
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tob55
Joined: 29 Apr 2007
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| Posted: Tue Apr 08, 2014 5:17 pm Post subject: |
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Be very weary of numbers being put out by the Dept of Labor and Statistics. They are not including the people who no longer qualify for unemployment benefits in their figures, so it makes it look as if people are actually going back to work when that is not the case at all. My friends in different parts of the US are telling me from reliable sources, i.e. people looking for work that things are as bad if not worse than they were a few years ago.
It's all a smoke and mirror gimmick by the DLS to make it look like Obamanomics is actually working to help the American public. |
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gmlkoreanna
Joined: 23 Oct 2006
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| Posted: Wed Apr 09, 2014 7:57 am Post subject: |
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| IMO. Korea, going back even just a little to the good old days, would be like wishing that those Dol Banji (24kt gold, 1st year birthday rings, go back to being 35.000KRW). Most unlikely to happen. |
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andrewchon
Joined: 16 Nov 2008
Location: Back in Oz. Living in ISIS Aust.
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| Posted: Wed Apr 09, 2014 4:07 pm Post subject: |
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Looking at the US college tuition fee crisis, Americans ought to be coming to Korea in droves. Korea has surplus of university places and tuition fees are very affordable compared to what that co-ed porn star at Duke University was paying for majoring in 'Women's Studies': $61,000/year. Koreans are missing out on G.I. Bill dollars!  |
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northway
Joined: 05 Jul 2010
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| Posted: Wed Apr 09, 2014 8:19 pm Post subject: |
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| Who's Your Daddy? wrote: |
| Anecdotally, I've noticed Americans (and white South Africans) seem to be staying longer than other Big 7 citizens. I've wondered if it is because of the health care? |
Who you kidding? Maritimers never leave, and I'm pretty sure it's always been that way. |
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Who's Your Daddy?
Joined: 30 May 2010
Location: Victoria, Canada.
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| Posted: Thu Apr 10, 2014 12:12 am Post subject: |
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^^I've know three Maritimers that went back:
1) Retired 60 year old.
2) Teaching ESL in Halifax.
3) Working at Enterprise rental car.
They all went back to the Maritimes too!
I haven't known any white South Africans that went back (while the blacks all did). The ones I know are trying to get jobs in the UK and Australia.
I don't see much in Canada, but I'm tired of living here. If I wasn't married (with a son), I'd go to Vietnam and have some adventures there. |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Apr 10, 2014 12:59 am Post subject: |
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| tob55 wrote: |
My friends in different parts of the US are telling me from reliable sources, i.e. people looking for work that things are as bad if not worse than they were a few years ago.
It's all a smoke and mirror gimmick by the DLS to make it look like Obamanomics is actually working to help the American public. |
Where are these figures coming from then, guavashake? They are faked?
WASHINGTON (AP) — U.S. employers posted more job openings in February, a sign that hiring will likely improve in the months ahead.
The Labor Department said Tuesday that employers advertised 4.2 million job openings, up 7.7 percent from January. That's the highest number of postings since January 2008, when the Great Recession was just beginning and the economy had yet to suffer the full shock of the downturn.
There are roughly 2.5 unemployed Americans for each open job, the report shows. That average has slowly been approaching the 2 to 1 ratio is typical of healthier economies, after peaking at 6.7 unemployed people for each available job in July 2009, just after the recession ended.
http://finance.yahoo.com/news/u-job-openings-hit-six-144651827.html |
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caniff
Joined: 03 Feb 2004
Location: All over the map
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| Posted: Thu Apr 10, 2014 8:52 am Post subject: |
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| World Traveler wrote: |
| tob55 wrote: |
My friends in different parts of the US are telling me from reliable sources, i.e. people looking for work that things are as bad if not worse than they were a few years ago.
It's all a smoke and mirror gimmick by the DLS to make it look like Obamanomics is actually working to help the American public. |
Where are these figures coming from then, guavashake? They are faked?
WASHINGTON (AP) — U.S. employers posted more job openings in February, a sign that hiring will likely improve in the months ahead.
The Labor Department said Tuesday that employers advertised 4.2 million job openings, up 7.7 percent from January. That's the highest number of postings since January 2008, when the Great Recession was just beginning and the economy had yet to suffer the full shock of the downturn.
There are roughly 2.5 unemployed Americans for each open job, the report shows. That average has slowly been approaching the 2 to 1 ratio is typical of healthier economies, after peaking at 6.7 unemployed people for each available job in July 2009, just after the recession ended.
http://finance.yahoo.com/news/u-job-openings-hit-six-144651827.html |
Didn't read the article, but my first question would be what are the quality of the jobs? Part-time? Low pay? Walmart-greeters wanted?
Government statistics are largely massaged BS to drive the agenda-of-the-week (for example to allow the insiders/congress members/other assorted scumbags to front-run investment trading). This is clear, easily evidenced and irrefutable.
At least in America, most sheeple are too busy being ignorant to realize the massive screw-job. Having your country run by criminals will end badly eventually, one way or the other, and I predict we'll see that day before too many more moons pass.
Either that, or the government will start handing out Soylent Green to the Great Unwashed. |
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Stan Rogers
Joined: 20 Aug 2010
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| Posted: Thu Apr 10, 2014 3:24 pm Post subject: |
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| Being a Walmart employee or food service worker wouldn't be a bad paying job if the government kicked out all the illegal workers and allowed the labor market to function normally. I hear the argument that Americans don't want to do these jobs. If the market was allowed to do its thing wages would rise and people woukd take those jobs. |
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DosEquisXX
Joined: 04 Nov 2009
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| Posted: Thu Apr 10, 2014 4:33 pm Post subject: |
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Unemployment rates are not a perfect picture of the economy. They only include people in the labor force. One good thing to look at is the Labor Force Participation Rate which sits at about 63% for America. So 37% of Americans eligible for full-time employment are not in the labor force. Now, not all of those are due to discouraged job seekers as America's baby boomers are now at retirement age. According to Bloomberg, it's estimated at 80% of that 37% is due to retirement.
So, we can do this:
Unemployment rate = 6.7 + (37 * .2)
6.7 + 7.4 = 14.1% unemployment |
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