Unemployment rate is expected to rema...

Unemployment rate is expected to remain steady

There are 1 comment on the Detroit Free Press story from Dec 30, 2012, titled Unemployment rate is expected to remain steady. In it, Detroit Free Press reports that:

Employers probably added jobs in December at about the same pace as the prior month, showing the U.S. labor market held up as lawmakers struggled to resolve the fiscal impasse, economists said in advance of a report due this week.

Join the discussion below, or Read more at Detroit Free Press.

Daniel Kroner

Oakland, NJ

#1 Dec 30, 2012
Unemployment is only going to become a larger and larger problem as time goes on due to automation. We already have more people than we need to get the work that needs to be done completed and automation is just going to push this further and further. This is a huge part of our unemployment problem in the US. When we passed that threshold of having more laborers than necessary it put us in the position of having to make a choice. Either we play the economic game of musical chairs and a large number of people are just simply fucked. Or we have to restructure our social and economic systems to account for this imbalance.

I am personally in favor of option number 2 but I do not expect us to get there without a few uncomfortable decades of musical chairs.

I wrote a bit about this topic about a month ago: http://bit.ly/UmnnP5

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Glen Mills Discussions

Title Updated Last By Comments
medical solutions supplier of glen mills Jun '15 RICK 4
InterExchange Au Pair USA Looking for West Ches... Jun '15 InterExchange Au ... 1
Inter County Rental Referrals SCAM! (Apr '14) Jun '15 todd 12
"Bad Diesel Gasoline" at Local Glen Mills Exxon... Jun '15 STC from VT 1
Wegmans to open in Concordville / Chadds Ford area (Jun '12) May '15 Shopper 9
hi (Aug '11) Mar '15 Camille 5
**Ferrainola Family** (Jan '11) Apr '14 Scam Blaster- 13
More from around the web

Personal Finance

Glen Mills Mortgages