unemployed will hit 30 percent by next year
 

I don't see that happening. An economy with 30% unemployment rate can't survive. I think the threshold is in the neighborhood of 21%

There would be drastic measures taken before that would happen I think.

You need to learn to read. It doesn't say unemployment wil be 30% moron.

"We're nearly at one out of four laid-off workers has already been out of work for six months.

That's Andrew Stettner at the National Employment Law Project. He and his research partners at UC-Berkeley predict the share of long-term unemployed will hit 30 percent by next year"

That means of those that have been laid off 30% will be laid off 6 months or more. So if umployment is at 10% then 30% of those or 3% overall, will have been out of work for 6 months or more.

30%=anarchy and riots :disgust

No way toots. That won't happen.

Not good...

nah dont think we go above 10%

The one that needs to learn to read is you bitch. Was it too complicated to follow the linked the article? I quoted it verbatim. Fucking unreal.

GFY never ceases to amaze me.
:disgust

Well, looks like the pornographers say it's not gonna happen so... it's not gonna happen.

:1orglaugh:1orglaugh:1orglaugh :thumbsup

Misleading thread titles rock

Yeah. That is unheard of at GFY.
:2 cents:

Unemployment Rate 8.9% Apr 2009 :2 cents:

Underemployment rates are more important

24,700,000 Americans are underemployed

http://www.mybudget360.com/24700000-...t-158-percent/

Unemployed: 13,700,000

Part-time but looking for full-time: 8,900,000

Marginally Attached and Discouraged Workers: 2,100,000

About 15.8%

As Don King once said:

"Only in america!"

:1orglaugh

Great Depression 2
(banks will crash,lose ALL your money) :)
World War 3

New World Order illuminati are behind current events they OWN Obamas ass.

The biggest banks won't crash. They will just be nationalized and totally controlled.

WW3 is going to happen regardless.

NWO I won't argue with you. Obama is a Trojan horse and that's all I have to say about that.

real unemployemt hit 15.7 i think?

things are getting more orwellian by the week.

No BITCH it's you that need to learn to read. Please read CORRECTLY. It does NOT say that unemployment will be 30%. I already explained what he meant. Now I would appreciate an apology.

You need to reread the article...as no where does it state what you are claiming.

First of all, I am not 'claiming' shit bitch. I cited and article, and cut and paste a paragraph out of it.

Now, for those ignorant reading disabled fuckheads. Here is the article, from the direct link provided, quoted in it's entirety, complete with what I cited.

:disgust

Go back to taking pictures of feet and trying to flog your stupid clip 4 sale stores you moron. You obviously don't even have basic comprehension skills. I always knew you were full of crap.

From the article you linked to:

What does that mean to you? He is saying that 25% of those UNEMPLOYED already are long term unemployed, i.e out of a job for 6 months or more.

All he is saying is that number will rise to 30% OF UNEMPLOYED. NOT OF THE TOTAL POPULATION.

DO YOU GET IT? STUPID DUMB FUCK.

Probably not, you are too stupid to even know that you are stupid.

Your reading comprehension skills are not very good...are they?

BTW...this is what your claim was "unemployed will hit 30 percent by next year" and it simply not what the article states.

Pure comedy.

Not in my initial post, nor in any reply I have made in this thread, have I stated my position nor made a statement on my beliefs on the article in any way.

I quote and article, not written by me. Linking directly to it for you to read the comments from the author directly, yet you three are like the blind mice who can't read.

Priceless.

:2 cents:

Oh yeah? Where exactly do I claim this at any point in the thread in my words?

Yeah, didn't think so. Nice try though champ.

:1orglaugh:1orglaugh

Read the title to your thread...sport.

Ah, so you ASSumed.

(insert appropriate cliche here)

Thanks for the laugh sport.
:thumbsup

I did not assume anything. You made a claim in the title of your thread and because you do not have good reading comprehension skills...you thought the article you posted backed up your claim and it does not...end of story...you are now dismissed.

You are too stupid to even know that you are stupid.

:1orglaugh

Oh right, now I follow you demented reasoning...

A direct sentence posted in the title of the thread, taken from an article, citing some guy, who is not me, is somehow me stating a position according to you?

Wow. Ignorance is bliss.

:2 cents:

Why not repeat it a third time?

This time click your heels and return to the land of reading comprehension.

:1orglaugh:1orglaugh:thumbsup

God you are fucking retard

YOU "unemployed will hit 30 percent by next year"

Now you can claim you are just stating what the atricle states and you don't personally believe that. Except the article never states that. That is why you are stupid. You missed the whole point of the article. Nowhere in that article does that author say unemployment will reach 30% NOWHERE. Now are you just going to admit you misread the article or are you going to continue to act retarded?

shall I simplify it?

Say unemployment is 9% right now. So out of 1000 people 90 don't have a job. What the article says is the author believes that eventually 30% of those 90 ( that's 27 ) will be out of work 6 months or more. Not that 300 out of 1000 will be out of work.

speak for yourself

Really? Wow.

15840401-post23.html

I quoted the article in it's entirety, and underline the sentence for your ignorance. Guess that must have missed your hawk eye huh?

Let me repeat it for you toots, I'll even give you a countdown for your third grade reading level.

1. At no time in this thread have I stated my opinion, in my words.
2. Thread title is verbatim an underlined passage in #23.
3. You are ASSuming, based on thread title, that is my opinion.

You are like a dog with a bone. You have to get the last word in, and always be right. In this case, it is pretty obvious to anyone with a brain cell I have not stated my opinion on the original cited article in any way in this thread. Furthermore, the thread title is verbatim out of the original story. Also not written by me.

Guess that's too complicated for you eh?

:1orglaugh

Thread title was misleading 'cause you only quoted part of the sentence, and thus gave it a whole other meaning. Methinks thou doth protest too much.

He pretty much explained it to you, but obviously mathematics is not your strongest skill. Yes the planet is about to collapse, get in your jump pod and escape while you still can. Nuclear winter has already started in Australia.. :321GFY

Yo! Mr. Idiot. Someone has already pointed it out to you yet you are still trying to backtrack. The FUCKING THREAD TITLE that YOU typed says Unemployed will hit 30% by next year which is not what the article says at all. Get a clue dick..