Bob Higgins

Global Unemployment

Posted in Financial Crime, Politics by Bob Higgins on February 10, 2012
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Global Unemployment

Global Unemployment

Cross Posted at FilmAnnex
It will offer small consolation to the long term unemployed in the US to know that much of the rest of the world is suffering from the same problem. The International Labor Organization (ILO) reported late last month that more than 1.1 billion people were either unemployed or underemployed and living in the clutches of poverty.

While there may be some truth to the old saw that “misery loves company” and the discovery that there are a billion people in the boat may be somehow weirdly comforting, you have to wonder how long the dinghy will dally on the surface before behaving more like an anchor.

It’s also unsettling to realize just how long the unemployment lines are and how many people have applied for the job you so desperately need. With 1.1 billion people waiting the line will stretch around the globe 25 times so you’re not likely to get home for lunch.
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