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Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

May 13, 2016

Shoulda Studied Plumbing


College majors with the highest post-grad unemployment:
#10. Political Science
Unemployment Rate: 7.2 percent
Underemployment Rate: 49.7 percent
Median Wage (Early Career): $38,000
Median Wage (Mid-Career): $70,000

#9. Ethnic Studies
Unemployment Rate: 7.3 percent
Underemployment Rate: 57.1 percent
Median Wage (Early Career): $32,000
Median Wage (Mid-Career): $60,000

#8. English Language
Unemployment Rate: 7.5 percent
Underemployment Rate: 51.7 percent
Median Wage (Early Career): $32,200
Median Wage (Mid-Career): $55,000

#7. Fine Arts
Unemployment Rate: 7.6 percent
Underemployment Rate: 62.3 percent
Median Wage (Early Career): $29,000
Median Wage (Mid-Career): $50,000

#6. Art History
Unemployment Rate: 7.8 percent
Underemployment Rate: 58.9 percent
Median Wage (Early Career): $32,000
Median Wage (Mid-Career): $53,000

#5. Earth Sciences
Unemployment Rate: 7.9 percent
Underemployment Rate: 41.8 percent
Median Wage (Early Career): $30,300
Median Wage (Mid-Career): $63,000

#4. Environmental Studies
Unemploment Rate: 8.5 percent
Underemployment Rate: 53.7 percent
Median Wage (Early Career): $30,000
Median Wage (Mid-Career): $60,000

#3. Mass Media
Unemployment Rate: 8.6 percent
Underemployment Rate: 56.5 percent
Median Wage (Early Career): $31,200

#2. Geography

Unemployment Rate: 8.8 percent
Underemployment Rate: 48.1 percent
Median Wage (Early Career): $34,500
Median Wage (Mid-Career): $60,000
Median Wage (Mid-Career): $56,000

And the winnah is...

#1. Anthropology

Unemployment Rate: 8.8 percent
Underemployment Rate: 59.1 percent
Median Wage (Early Career): $30,000
Median Wage (Mid-Career): $50,000

March 24, 2015

Do The Math

The democrats seek political advantage by allowing millions of illegals to swarm into the US while preaching that they do the jobs that Americans refuse to do.

At the same time, manufacturing jobs are disappearing across the country.
[...]"Advanced robotics are changing the calculus of manufacturing," says Harold Sirkin, a senior partner at the management consulting firm.

A handful of nations, including the U.S. and China, are poised to reap the biggest benefits of the automation wave.

About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, BCG says. Four industries will lead the shift — computer and electronics products; electrical equipment and appliances; transportation; and machinery — largely because more of their tasks can be automated and they deliver the biggest cost savings.

About 10% of all manufacturing functions are automated, a share that will rise to nearly 25% in a decade as robotic vision sensors and gripping systems improve, BCG says.

Meanwhile, costs are tumbling. The cost to purchase and start up an advanced robotic spot welder has plunged from $182,000 in 2005 to $133,000 in 2014, with the price forecast to drop another 22% by 2025.

That's prodding manufacturers to replace workers. BCG says manufacturers tend to ratchet up their robotics investment when they realize at least a 15% cost savings compared with employing a worker. In electronics manufacturing, it already costs just $4 an hour to use a robot for a routine assembly task vs. $24 for an average worker.
So what happens when the jobs that Americans refuse to do disappear? How many bean pickers do we need? How many people on economic support programs can this country maintain before it all falls apart? 

January 22, 2010

Hope N' Change, Inc.


Tennessee - in the crapper but, thoughtful as ever, they brought their own Tidy Bowl.

NASHVILLE — After a slight drop in November, Tennessee's unemployment rate increased to 10.9 percent in December, the state Department of Labor & Workforce Development announced today.

North Carolina - was circling the drain ... Success! Now down the drain.

[...]The statewide jobless figure reached 11.2 percent in December, representing the loss of 2,400 jobs during the month, the N.C. Employment Security Commission reported this morning. It's the highest jobless rate since the state began tracking the figure in 1976 using the current methodology.

Nevada - It was a crap shoot and it came up snake eyes.

LAS VEGAS (AP) -- State officials say Nevada's unemployment rate rose in December to 13 percent.That was up seven-tenths of a percent from November, and begins to approach the 13.3 percent record set in September.

Illinois - Abandon Hope All Ye Who Work Here.

Illinois lost more than 237,000 jobs in the past year, including nearly 71,000 manufacturing jobs, helping drive the December unemployment rate to 11.1 percent, the state employment agency reported today.

Hope N' Change is spreading all over the Nation.

The report said all 50 states had an unemployment rate in December that was higher than a year earlier. Michigan again had the highest rate of unemployment at 14.6%.

Maybe metastasizing is a better word.