Unemployment in the U.S.

You can imagine that many U.S. citizens are asking about the results of the anti-crisis measures adopted by the White House, from the initial aid calculations by George W. Bush to the actions administered by the current administration, giving public money to speculators to continue the revelry.

Because in fact, this is what has happened in the United States and in Europe, where the disaster arrived as an epidemic from the properties of the senior partner.

Billions of dollars from public funds passed into the hands of ruined banks, failing real estate, businesses barely hanging on… and the logic of many people led them to think that something would change — that along with the “assistance” money, at least a rule of conduct would be formulated for the generators of the chaos.

However, the cheap, insulting and crazy speculation continued to dominate the financial markets of the great imperial powers and, with a lot of audacity, you could bet on “recovery” purely because job losses, real estate sales and the forms for the unemployed seeking relief could be “less than expected” in a certain period of time.

After scarcely a few days, for example, record rises in the prices of oil and some industrial metals were reported on account of the supposed “greening” of the capitalist economy.

It was cited with great fanfare that the pace of job creation in the U.S. gained greater momentum last March than had been seen in the past three years. This was translated into 162,000 new jobs.

From this perspective, everything seems wonderful…. and it is for exactly this reason that the gamblers of the markets use and spread this data.

Nevertheless, when one looks seriously and responsibly at the details, one sees another, very different panorama.

In fact, these 162,000 new jobs are much below the figure of 200,000 that was predicted by experts and not less than 48,000 of these correspond to transitional contracts.

Furthermore, in spite of the “achievement” in question, the number of people without work in the United States has not changed from the 9.7 percent reported a while ago, and if you add to this the people who are underemployed, this number goes up to almost 17 percent.

We should know what the seven million U.S. citizens classified today, according to Made in USA research, as “long term unemployed” are saying about such high levels of optimism.