I know so many people who have stopped looking, so this doesn’t surprise me:
Some 47% of unemployed Americans say they’ve given up on looking for work, according to a poll commissioned by staffing firm Express Employment Professionals.
More than half say looking for work has been more difficult than expected; only 2 in 10 currently receive unemployment benefits.
Among the rest, nearly a third aren’t eligible and 30% never applied, according to the data, which was collected by Harris Poll from April 9 to 21 from among 1,500 unemployed adults.
The jobless rate nationwide dropped to 6.3% last month — the lowest level since 2008 — as the nation added 288,000 jobs, according to the government.
As we move rapidly toward a “workless society” adjustments must be made. A guaranteed annual income for every American whether they are employed or not for example. Or we can assign ourselves the role of serf to the 1%. The oligarchy can live high off the hog while we eat pickled pigs feet.
Capitalism (Communism, Fascism) are societal economic systems that have been known to eat themselves alive. In all cases that history has documented, Socialism is the ONLY system that has consistently survived. This country itself has survived and spread its Capitalist dogma around the world because of its Imperialistic ilk. But as we can clearly see the future is very bleak for all of us.