After
the oh so media dramatics of a show that the government shutdown produced after
their 16 day “break” one would think that people would have packed their bags
and loaded their guns for the moving far north as possible, or so deemed their
reactions, surprisingly enough though it was a far growth in success in the job
hiring industry after the spring slowdown even after the shutdown. Figures by
the Labor Department reported that the job creation n August and September has
lifted the estimated monthly pace of hiring to 202,000 over the last three
months. Even though this number is outstanding in itself it is not to everyone’s
satisfaction time wise, commenting that it is not as early as they would have
hoped for. Other comments about the addition of 204,000 nonfarms in the month
of October eased tensions and fears about how much the governmental shutdown
exactly impacted our economy and job market.
Though
from recent information about the mystery behind a drop of 720,000 in the size
of the labor force creating a fall in job participation percentage to 62.8, a
35 year low. With the fluctuating amount of number, rates and along with it
hope never actually stabilizing to a reasonable state it seems that we
ourselves are affecting what could be and what we hope to have, but isn’t. Many
people seeing the obvious amount of instability the work/hiring force is bringing
choose to simply stay at school or at home taking care of their children, and
with that it’s no wonder that the number of retirements by the baby boom
generation has brought has come to an increased rate in itself. Many are
scratching their heads and spending long hours trying to come into a reasonable
problem solving method to at least dwindle the amount of labor force drops,
confused weather it will reverse, decline, or something else completely.
What
ifs and should haves are floating around the vastly whirling circles in the mind
of economics, politicians, and citizens alike. With the growing working age
population there should be considerably more jobs today than there were before
the recession. More people with less than a high school diploma are finding
themselves in the unemployment fields for longer periods of time while even
then those who do go to college are suffering their own battles. It has come to
that day in our generation where college is no longer a simple future that many
were granted, society discrimination aside, and has now become a means of
survival in our modern day world. With tuitions rising and funds not coming from
any means of jobs being specialized in the skill a college is offering is not
most of what actually gets you into a college and therefore a job.
Keep
hopes of the job market increasing to an all time low, only then will we be satisfied
and surprised.
