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Friday, September 02, 2011

SOUP KITCHENS IN U.S. RISE AS ECONOMY COLLAPSES ? www.crookreport.co.uk




SOUP KITCHENS IN U.S. RISE AS ECONOMY COLLAPSES?

99 weeks is 5 shy of TWO YEARS. These people aren't unemployed. They are UNEMPLOYABLE.

They lack marketable skills to sell to those who buy skills. In short, their skills set is worthless.

They need to train themselves for work that is available and growing or the need to resign themselves to menial labor jobs, which are jobs that do not need skills.

Millenials: A Disappointed Generation?




Members of Generation Y are starting their careers in perhaps the worst job market since the Great Depression. Experts say the experience creates both immediate and long-term negative impacts, including lower salaries now and in the future. While their reduced spending power will not have a lasting drag on the U.S. economy -- one cohort with reduced consumption does not hold tremendous weight amidst a very broad population, economists say -- it does have significant repercussions for how these young people conduct their adult lives and careers.