Sunday, May 23, 2010

What's The Good News?

"The share of new high-school graduates enrolled in college reached a record high last year, likely reflecting the weak job market they faced. ... Many of those searching for jobs were unsuccessful. The 2009 high-school graduates who didn't go to college faced a 35% unemployment rate. ... The outlook for high-school dropouts was even grimmer. Some 383,000 people dropped out of high school between October 2008 and October 2009, and their jobless rate was 55.1%", Sara Murray at the WSJ, 28 April 2010, link:

Would anyone explain to me why we need unskilled laborers from Mexico in view of these statistics? What's our current unemployment rate again?

2 comments:

Anonymous said...

"...Some 383,000 people dropped out of high school between October 2008 and October 2009, and their jobless rate was 55.1%"

Vo-tech anyone? Seems for the money spent we could get these non-academics much better prepared to contribute to society... cause we need plumbers, heating techs etc...

We certainly don't need any unskilled Mexican laborers...

Ubu said...

They are being allowed to live in their parents basement indefinitely. But even if they went to college, they'd probably study something that would allow them to be useless to all sectors except a government jobs program. Bring in more Hindus, Americans are too dumb to do the math and get a good paying IT job; bring in more illiterate Mexican Indians, Americans are too lazy to work the fields and roof houses. The only way anyone is going to suck it up and take the job in the poultry processing plant, is if the government money is cut off.