Who’s not feeling the bad economy
Two Job Markets, Worlds Apart
The economic outlook is rosy, at least for people at the top of the ladder.
The number of American millionaires rose 16 percent in 2009, according to a new report by Chicago-based research firm Spectrum Group. About 7.8 million households have assets over $ 1 million, excluding the value of their home. Part of the reason is that households have higher income in general, more attention to the stock market, and the S & P 500 is about 70 percent since its low point in March 9 last year increase.
Furthermore, in terms of employment, there was no recession for the highest household income in the fourth quarter of last year. The unemployment rate for people in the top 10 percent of income – those earning more than $ 150,000 a year – only 3 percent, according to the Center for the Study of Labor Market in the Northeastern University Boston. For the 10 percent of employees – workers who bring home less than $ 12,500 per year – the rate of unemployment was 31 percent.
“In most cases it is caused by increased skills and result in the upper and skills down to earth,” said Carol Graham, Senior Fellow at the Brookings Institution. “The technology and highly skilled jobs are the engine of our growth in a global economy, not low-skilled jobs. He plays in the economic crisis of unemployment compared to the consistently rejected.”
Mechanization and outsourcing also play a role, says the economist from Cornell University, Robert Frank, studies of income polarization. The manufacturing sector has lost 5.6 million jobs since 2000.
“The more you risk your job to be outsourced, more unemployment,” said Frank. Be “Even if the correlation is not perfect, the trend is that higher education have, the greater your chances of To get a job, which is complicated and complex, making it more difficult to outsource or mechanized. ”
Roxanne Baird, 49, of Chattanooga, Tenn., is an American trend by working with their fists. She said it made $ 2,200 last year for a temporary help service, which offered jobs at the factory and warehouses as needed at $ 7.25 per hour. Baird has refused an assignment because they could not find a reliable daycare to take her 6 years, early enough to apply to work at 7 clock She missed a couple of days working in a warehouse, while the father her son had surgery to open heart. And error, a warehouse supervisor made directly to the request of the woman, said she has violated the rules of max. The service was in August and she was denied unemployment benefits. She appealed and lost.
A decade earlier, before divorce, Baird has been a Middle-class owners, sometimes working part-time factory jobs and the postal service U. S..
“If () my husband and I separated, the only thing I was outside of marriage, that I had when I went – my furniture, books, records.”
Baird will pay $ 280 to rent the ground under the trailer she owns, and she began to learn the ins and outs of the federal state and local assistance programs and nonprofit organizations. “I have an agenda and take many notes that I referred to what she said and she recommended I contact if I have, and do not affect things at the end of the month,” said she said.
Each State shall pay compensation to the unemployed through offices located in the Workforce Investment Act will be funded, the employee can find a local office by entering the zip code in the Ministry of Labor, CareerOneStop site. Services ranging from welfare and social support to help job search to file letter, CV and interview preparation.
“Persistent and clearly what your needs,” said Paula Gomez Farrell, director of development for the workforce for the city of Denver. Have “doubled the number of cases for social assistance and placement but we, the people last fall, she said, the situation is similar for the budget-strapped states and many cities.
Gomez Farrell advises workers to new research opportunities. Colorado Federal funds to develop more ‘green’ jobs are, but there is no clear definition of what it is, “she explains. “The employee can search the Internet in the library. If you need to build and crafts, you know what a green job, what people are looking for different skills, and then include a new profession, the answer to the needs of the employer. Those who are qualified people should always have the training they need to undertake to be competitive. ”
It can be difficult to make a health perspective, if someone feels overwhelmed in the fight against all odds to maintain. Remember, you do everything you can, “said Dr. Robert Wicks, a psychologist at Loyola University in Maryland.
Wasting “Do not waste energy rehashing the past,” he advises. “Focusing only on what you do well and be proud of themselves. Concentrate on how you can be faithful to your personal situation in the best conditions. Success is nice, but in many cases, you have no control about it. ”
In January, Baird has received scholarships and wrote part-time community college where she studied computer programming. “My goal is to get a job in this field, but are not able to find if, one, I figure with a college degree I will have the skills to become more competitive,” she said. “For now, all that experience working in the factory and with the position, the ladder is still there.”
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