In the United States, unemployment benefits are only paid for a maximum of 99 weeks or just less than 2 years.
After that period, that's it. You're on your own.
After the banking crisis of Autumn 2008, unemployment began to soar. Every week the number of unemployed rose. These job losses continued for 55 weeks at a weekly increase of between 50,000 and 200,000 per week.
The worst period was from November 2008 to October 2009. But even since October 2009, the number of new jobs created has never exceeded 50,000 per week.
The net effect of all of the above statistics is that from December 2010 there are likely to be around 50,000 people losing their benefits every week. This figure will get significantly worse up tom around April 2011 when around 200,000 people will lose their benefits every single week.
It remains to be seen what such large numbers of disenfranchised people will do about this over the coming months.
Keep 'em peeled!
Tuesday 14 December 2010
Thursday 2 December 2010
Educating Slaves !
The British higher education system has been changed drastically over the last 20 years.
When I was a student, I got a full mandatory grant, a discretionary hardship grant, a book grant and heavily subsidised canteen facilities.
After a very comfortable time at college, I left higher education with a useful qualification that enabled me to be flexible in my career choice, not be tied to a corporations dictatorial mandate and I had no fear of debt.
The last 20 years has seen all the benefits that I received, systematically dismantled. These educational rights have been replaced with a system whereby students are leaving education with massive debts.
The jobs that most of these graduates will end up doing, would have been done by similar people with a couple of 'A' levels 20 years ago.
All that has happened is that the jobs market has been fixed in order that a large percentage of the new working population are being systematically enslaved by debt at the start of their careers; at the start of their adult lives; before they can even think about housing, families etc
During the next phase of this program, employers will bring down graduate wages to a median figure of less than £21,000. The feed in interest repayment taper will become a ceiling for employers to exploit.
Fancy a workforce that's too scared to answer back or question management?
Fancy a workforce enslaved by the fear of their own debts?
Then look no further. Employ a graduate today. Or even better employ a cheaper slave in 3 years time.
When I was a student, I got a full mandatory grant, a discretionary hardship grant, a book grant and heavily subsidised canteen facilities.
After a very comfortable time at college, I left higher education with a useful qualification that enabled me to be flexible in my career choice, not be tied to a corporations dictatorial mandate and I had no fear of debt.
The last 20 years has seen all the benefits that I received, systematically dismantled. These educational rights have been replaced with a system whereby students are leaving education with massive debts.
The jobs that most of these graduates will end up doing, would have been done by similar people with a couple of 'A' levels 20 years ago.
All that has happened is that the jobs market has been fixed in order that a large percentage of the new working population are being systematically enslaved by debt at the start of their careers; at the start of their adult lives; before they can even think about housing, families etc
During the next phase of this program, employers will bring down graduate wages to a median figure of less than £21,000. The feed in interest repayment taper will become a ceiling for employers to exploit.
Fancy a workforce that's too scared to answer back or question management?
Fancy a workforce enslaved by the fear of their own debts?
Then look no further. Employ a graduate today. Or even better employ a cheaper slave in 3 years time.
It's time to wake up !
It's time to take back control !
It's time to change your destiny !
Subscribe to:
Posts (Atom)