Friday, June 4, 2010

6.8 Million workers out of work.

This is how the headlines should read after the Bureau of Labor Statistic released today the Employment Situation Summary (a.k.a the unemployment rate).

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000)

President Obama is doing his best to put a positive spin on the 9.7% unemployment by saying the economy is "getting stronger day by day". However, in a report hit the nail on the head.

....the problem of long-term unemployment continued to worsen as those out of work more than six months rose to a record 6.8 million, or nearly half of all unemployed workers

So the next question, what happens when the census is over? Do these temporary workers then qualify for unemployment benefits? Apparently this was an issue in 1990 when congress pass a bill to deny unemployment benefits and than later reversed it decision. Today, however it you needed to have a job prior to the census job that would make you eligible to receive benefits, but stay tuned I smell a "Census worker relief bill" and I bet it will be here soon.

Related article: Undercover Census Fraud Investigation - New Jersey

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