Archive for the ‘Unemployment Benefits’ Tag

More Evidence that the Real Economy Is Getting Worse Instead of Better   2 comments

Whenever I leave my little corner of the web and venture over to one of the big Democratic cheerleading sites, I’m told that we’re in the middle of a slow but steady economic recovery. Strange, I think to myself, because it sure doesn’t look that way from where I’m sitting.

Until the beginning of this year, my partner and I were at least getting by. Our freelance business wasn’t exactly setting the world on fire, but we were able to cover the basics. This year, however, virtually every one of our repeat clients has disappeared. Since two-thirds of our clients are repeat business, this is huge. And replacing them with new clients has proven extremely difficult. Not only are there far fewer projects to go around, but the small businesses we serve have become increasingly price-conscious, frequently expecting freelancers to work for next to nothing. If they hire anyone at all, that is. A substantial percentage of projects is simply canceled.

This is why we’ve been desperate to find full-time employment. Every day we comb the newspapers’ Help Wanted sections and the online job boards, and every day we notice how few jobs are available. So I wasn’t surprised to find the following statistic on the website of one of the large job aggregators:

In our area, there’s been a 49% drop in job postings compared to last year.
Nationwide, there’s been a 32% decline.

Source: Indeed.com (a site that aggregates job postings from newspapers, job sites, associations, and company career pages)

So much for that recovery, huh?
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