Unemployment

During his State of the Union Address, President Obama spoke on the unemployment situation and the need to create new jobs. He talked of tax credits for new companies and for companies that move back into the USA.

Many jobs have been lost in this country over the years due to the greed of the owners and the employees/unions. No one ever seemed to be satisfied, both sides always wanted more and rather than compromise, owners either sold out to multi-national corporations or moved their business to a country where they could make $200.00 shoes for .50 a pair. Nothing like a nice profit margin.

Hopefully, those businesses that want to be part of a new economic growth in the country, along with their employees/unions will cooperate from the beginning, making compromises to insure employees are fairly paid and have decent benefits but keep the cost line balanced to keep jobs in this country so that we can once again be selling to the world.

Along with that I am concerned about where the Department of Labor is getting its figures on the number of unemployed in the USA. Today I saw that unemployment dropped to 9.7%. My question is, is this figure based on those who applied for benefits this month, or does this figure show the actual numbers unemployed. My fear is that hundreds of thousands have run out of benefits, given up on employment and are surviving either on Welfare or under the table. If they are not included in the unemployed statistic, then the statistic is worthless.

The government needs to get the actual figure of unemployed so that they can come up with a plan that will truly stimulate the growth of business and jobs in this country.

Its Common Sense!