Summary
Over time, the U.S. destroyed its manufacturing base and sent it offshore, leaving a giant void where no jobs or opportunities are available for a vast portion of ordinary workers.
Summary:
Today’s job market is characterized by a high number of people competing for limited opportunities, creating a competition quagmire. How many are familiar with the term“cattywampus”
And very soon, with AI displacing more jobs, unemployment is going to skyrocket. Information-driven jobs are ripe for extinction. No matter how many algorithms it takes, if the job is sequential-driven, they are on their way to extinguish your job. Algorithms can perform 100 different steps in seconds, not hours, days, or weeks.
Article:
The U.S. is characterized by service-sector jobs, government jobs, and financialization jobs, a process in which financial institutions, markets, and motives dominate the economic system.
There is a significant gap for the ordinary person because their skill sets do not align with the required job openings. That was intentional and did not occur by chance.
Outsourcing, while it has made products more affordable, has had a profound Impact on job seekers. It has led to a situation where there are far too many applicants vying for a limited number of jobs and economic opportunities. Stories of 200 to 2,000 applications for a single government job are not uncommon, even though the government often receives few results. This reality is a source of immense frustration for those seeking Employment, a disappointment that many of us can relate to.
Colleges are churning out graduates with degrees that are not in demand. The news is rife with stories of college graduates with substantial debt and degrees that seem to have little practical value in the job market. Many find themselves in low-paying service positions, such as servers at a coffee drive-through, struggling to make ends meet. This disconnect between education and job market demands is not merely a pressing issue; it’s an urgent one that must be addressed immediately.
https://www.zerohedge.com/personal-finance/these-are-20-worst-college-degrees-finding-job
How many for-profit corporations need to hire a master’s degree person with a major in Diversity, Equity, and Inclusion, which constitutes reverse discrimination and Marxist ideologies? However, this is unrelated to business strategies, outcomes, or profit. There are too many useless or marginally useful majors. Whose fault is that?
Thirteen colleges offer a degree in GLBTQ studies. That would be an interesting dynamic in a job interview for a CPA or management position. How about a degree in music appreciation?n These examples highlight the absurdity of specific degrees in the current educational system, underscoring the dire need for a more practical approach to education.
https://www.educations.com/bachelors-degree/lgbtq-studies
There are 163.994 million people in the workforce, including those in entry-level and part-time positions.
How many people not in the workforce are there in the U.S. Today?
As of April 2025, 102.1 million people aged 16 or older were not in the workforce, according to the Bureau of Labor Statistics, a notoriously unreliable government agency. This means a 62.7% labor participation rate.
Sifting through the statistics, we will discover some interesting facts.
The Bureau of Labor Statistics uses a survey method of 60,000 households to determine statistics for the entire country.
Unemployment is defined as the state of being jobless, actively seeking work, and available for work.
The BLS calculates the unemployment rate by dividing the number of unemployed individuals by the total labor force and expressing the result as a percentage. The most recent unemployment rate is 4.2%, creating the false impression that the U.S. has full Employment.
Suppose someone becomes frustrated and quits looking for a job for 30 days (four weeks). In that case, they are dropped from the unemployment rolls, and the statistics are misleading rather than accurate, as the Bureau of Labor Statistics (BLS) reports.
Unemployed individuals who cannot find a job but are actively looking: -7.165 million
Struggling to find a job but unsuccessful, due to a mismatch in skills (the frustrated subset) - 24. Million
Real unemployment rate: 7.165 + 24= 31.165 million unemployeed divided by the number of jobs 163,994= 19% (real unenployment rate)
Students- It requires looking through fuzzy math to figure this out.
https://www.bls.gov/news.release/hsgec.nr0.htm
Retired individuals. 48.8 million
Special Needs: illness, disability, and home responsibilities
The remainder comprises retired individuals and persons with disabilities who are unable to work.
The 19% unemployment rate is alarming, but it has been kept secret due to the government’s attempt to maintain civil order.
In the meantime, individuals and families are being left behind economically. They are placed on the same government transfer program rolls as welfare, unemployment compensation, disability benefits, or early retirement due to force.