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Title: The Job Market Will Get Much Worse, JPMorgan Warns
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URL Source: http://www.zerohedge.com/news/2015- ... -get-much-worse-jpmorgan-warns
Published: Jun 10, 2015
Author: Submitted by Daniel Drew via Dark-Bid.co
Post Date: 2015-06-10 09:57:55 by HAPPY2BME-4UM
Keywords: jobs, employment, economy, meltdown
Views: 23
Submitted by Daniel Drew via Dark-Bid.com, As Zero Hedge reports every month, the labor force participation rate is at multi-decade lows. Michael Feroli, a JPMorgan economist, said the economy will produce even fewer jobs in the future. In the last ten years, the U.S. saw 68,000 new jobs per month. Meanwhile, the population grew by over 200,000 per month. The last decade's data was marred by severe job losses in 2008. From 1995 - 2005, it was normal to see 300,000 new jobs per month in good years, and the bad years didn't come close to the 2008 horror show. Job creation is on a slight uptrend now, but it still hasn't kept up with population growth. Even worse, Feroli says he expects monthly job creation to drop to around 75,000 in the near future. In other words, there will be no recovery. With a population that is still growing, this job shortage is nothing less than a ticking time bomb for social unrest. In the absence of new jobs, will mass death be the only thing that straightens out the job to population ratio? Poster Comment: ================================================================== Imagine the impact of instantly infusing well over ten million jobs into the economy. That would be the (minimum) net positive impact if the Chamber of Commerce had not FORCED the US government to ignore the unlawful immigration of tens of millions of Mexican men from Mexico to invade our job market and steal our jobs. Do I blame the Mexicans for doing it? HELL NO! Do I blame the sons of bitch opportunists (now wealthy) assholes we call congressmen and senators for it? HELL YES! Partnering with the Chamber of Commerce and labor unions all across America, the congress and senate have DESTROYED our job markets by not ENFORCING immigration laws against EMPLOYERS who knowingly hire illegal aliens. Is this HARD TO UNDERSTAND? Is it COMPLICATED? Is it a MYSTERY? Of course it is. Especially if you are a congressman, senator, or the POTUS who all stand to gain in historic political and economic wealth at the expense of an entire nation by forever changing the demographics of that nation, which happens to be YOUR NATION! If you were a Mexican living in what is now the most VIOLENT NATION ON EARTH, have had several members of your family murdered by drug cartels (who now want all your kids to pedal dope for them), live in a town where the only jobs are hookers or drug dealers wouldn't you want to ESCAPE to the USA also? Yes! You would. You would do it for the sake of survival, which is what the Mexicans are doing. The US gov simply refuses to admit that Mexico is in their own historical 'death spiral' with the cartels taking over all the television and printed media. If you are a reporter in Mexico and report on the cartels - you wind up in a mass grave on the edge of town. There are entire towns now in Mexico (some large ones with over 100,000 people) who have NO POLICE PROTECTION whatsoever because the POLICE ALL QUIT! We need to pay special attention to this because it is about to happen in our own country because police are about to quit in droves because they can't do their jobs (because of political correctness). Here's who the ultimate blame lies with. Read it and weep! The ultimate blame lies with the sorry-lazy ass Americans who are too lazy to work. Let me repeat that. The ULTIMATE BLAME lies with the SORRY-LAZY ASS Americans who are TOO LAZY to work and have SAT ON THEIR ASSES and allowed another country to come in and TAKE ALL THE WORKING MAN JOBS. Does anyone in America still understand the term 'working man?' Look at American men below the age of 25 or even 30 and you will see a sad excuse for American traditional work values and work ethics. They are LAZY, do NOT want to work, DESPISE manual labor, and consider it BELOW THEM and an INSULT if they have to do it (work). Why are all the farming, road, construction, mining, roofing, building and other traditional American LABOR jobs going to Mexicans? Because THEY ARE NOT AFRAID TO WORK! We have done it to oursleves. Will anybody admit it?
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