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PART III
Continued
UNEMPLOYMENT: THE REAL STATISTICS Observations Beyond the Numbers Diary of an American Bankruptcy BEEFING UP THE HUMAN RESOURCES DATABASE
IDENTITY THEFT THE NEW NIGHTMARE ON ELM STREET Biometrics ABOUT THE AUTHOR
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Source: National Bureau of Economic Research | www.nebr.org Despite the official government position that the recession ended in 2009, our country is still reeling from the far-reaching consequences that come with such an economic blow. Perhaps we are traumatized with this recession because it is not just the longest in recent memory but also the deepest. All aspects of our very existence are being impacted by the lack of jobs. The socio-economic and political woes of our nation are being felt in every home, neighborhood, city, and state. Source: Unemployment in America Part I, Preston Williams, 12/15/2008
Preston Williams III
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People who lost their jobs in the US found themselves unable to maintain the lifestyles that they had become accustomed to. No longer could they afford the over-priced homes (McMansions) they bought when they had good paying jobs. Families were forced to make drastic adjustments in their lifestyles to reflect their new daunting circumstances.
Customers began to experience the difference in the quality of expertise and service from the new talent pool handling their requests. The nature & scope of training that had become common place in the local American market began to take on a different flavor.
Corporations which had made significant investments to ensure they had the most trained and responsive customer support team in the past were now having calls answered by less qualified staff who barely spoke the English Language and sometimes had not received the same intense level of training as the American employees they were replacing.
Desperate Americans seeking a life line are falling prey to Job Scams.
Families are falling apart & the American Dream is becoming an illusion. Some like Stephen Tantrel, unable to deal with the loss of income after losing his job as a New York Commodities Broker have turned to a life of crime.
Source: Struggling Economy Makes Environment Ripe For Job Scammers By: Gwen Parkes, Posted Jan 29th 2011 @ 9:47AM Source: Unemployment in America Part II: By: Preston Williams, January 24, 2011
Preston Williams III
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People like Andrew Fastow (ENRON), Kenneth Ken Lay (ENRON) and Jeff Skilling (ENRON) were so entrenched in their desire to remain key players on the Whos Who list of powerful American CEOs that they became poster pin ups on Fortune Magazines list of Corporate Convicts. Source: CNN Money: Corporate Convicts: Where are they now?
Preston Williams III
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You will be unhappy You will leave the minute something better comes along
You could possibly steal his/her job You wont be able to step down from a leadership role While any of these reasons may be true given a particular circumstance that is often not the case. Ageism is very much a part of the code for labeling someone as overqualified. Moreover, there are other less obvious reasons that a person is not being given a shot at a particular job. Despite the many remarkable strides that we have made in our society, Racism and Sexism are still unfortunately an integral aspect of the ongoing conversation about life in America. If a person of color or a female aspires to a position that reports into a white, male-dominated enterprise they may be told that they are overqualified for the job. While the classification suggests that the position is below the applicants skills, abilities and/or experience, very often it is not being withheld for those reasons. Rather, they are not being considered for this position because the corporations leadership is not comfortable with someone other than their core group of friends and associates (The Good Ol Boys Network) being placed in a position of authority equal to or above them. Basic, Fundamental Questions:
Does a persons age or race impact their ability to perform in a role which is in line with their background (education, expertise, experience)?
What does a persons sexuality have to do with their ability to understand and execute their responsibilities in a capacity for which they have been adequately trained?
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BLACK OR AFRICAN AMERICAN Civil ian noninstitutional population Civil ian labor force Participation rate Employed Employment-popul ation ratio Un employed Un employment rate Not in labor force Men, 20 years and over Civil ian labor force Participation rate Employed Employment-popul ation ratio Un employed Un employment rate Women, 20 years and over Civil ian labor force Participation rate Employed 8,891 62.2 7,786 9,238 63.6 8,035 9,141 62.9 7,998 8,953 62.7 7,783 9,114 63.1 7,911 9,101 62.9 7,948 9,173 63.3 7,998 9,228 63.6 8,017 9,204 63.3 7,993 7,896 68.7 6,579 57.3 1,317 16.7 8,084 69.0 6,815 58.2 1,269 15.7 8,079 68.8 6,758 57.6 1,321 16.4 7,919 68.9 6,588 57.4 1,331 16.8 8,080 69.3 6,691 57.4 1,389 17.2 8,066 69.1 6,661 57.1 1,405 17.4 8,072 69.0 6,763 57.8 1,309 16.2 8,099 69.1 6,753 57.6 1,346 16.6 8,106 69.1 6,764 57.6 1,341 16.5 28,437 17,484 61.5 14,759 51.9 2,725 15.6 10,953 28,865 17,979 62.3 15,206 52.7 2,772 15.4 10,886 28,896 17,835 61.7 15,120 52.3 2,715 15.2 11,061 28,437 17,616 61.9 14,760 51.9 2,856 16.2 10,822 28,755 17,876 62.2 14,972 52.1 2,904 16.2 10,879 28,794 17,777 61.7 14,920 51.8 2,857 16.1 11,017 28,831 17,946 62.2 15,127 52.5 2,818 15.7 10,885 28,865 18,020 62.4 15,142 52.5 2,878 16.0 10,845 28,896 17,958 62.1 15,119 52.3 2,839 15.8 10,939
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ASIAN Civil ian noninstitutional population Civil ian labor force Participation rate Employed Employment-popul ation ratio Un employed Un employment rate Not in labor force 10,904 7,163 65.7 6,560 60.2 602 8.4 3,741 11,376 7,335 64.5 6,780 59.6 555 7.6 4,041 11,387 7,355 64.6 6,829 60.0 526 7.2 4,032 -
Footnotes (1) The population figures are not adjusted for seasonal variation; therefore, identical numbers appear in the unadjusted and seasonally adjusted columns. - Data not available. NOTE: Estimates for the above race groups will not sum to totals shown in table A-1 because data are not presented for all races. Updated population controls are introduced annually with the release of January data.
OBSERVATION(S): To ensure that we properly capture data about active participants in the job market, underemployed individuals and those who for any reason are not showing up on the Department of Labors radar, the Government can track our
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Due to recent budget cuts and the cost of electricity, gas and oil, as well as current market conditions and the continued decline of the U.S. economy, The Light at the End of the Tunnel has been turned off. We apologize for the inconvenience.
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Source: Unemployment in America Part II: By: Preston Williams, January 24, 2011 The following article from the Huffington Post is a vivid reminder about what it means to be unemployed in the New America:
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Source: In Vallejo, A Municipal Bankruptcy Means Big Sacrifices For Ordinary Workers , The Huffington Post, January 31, 2011 First Posted: 01/31/11 08:14 AM Updated: 01/31/11 12:36 PM
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Several new Job Placement & Recruitment firms have sprung up in the aftermath of the recession. With the introduction of new technologies including internet job boards, applicants have new portals to find career opportunities. With these new venues, American candidates are comfortable in the fact that a job listing includes what appears to be legitimate contact information. They are lulled into a sense of calm because they assume that they can always call Joe at the local Columbus, Ohio number to get a status on their candidacy for what seems to be a good job with his client company. It is only when the recruiting process catches a snag because of what seems a severe lack of professionalism (i.e. - e-mails are not being responded to or there is no follow-up to close the feedback loop on the status of their application) that these American applicants begin to get concerned about the authenticity of the opportunity. They are usually crestfallen when they call to speak with Joe and realize that although his listed phone number is Columbus, Ohio, he is actually based in Bengalore, India. Some of these Indian recruiters use localized number referencing technology from companies like REBTEL and Voice over IP (VoIP) like SKYPE or Caller ID Spoofing from service providers like SpoofCard in order to create a false sense of calm for the American looking for what seems like an exciting opportunity in Columbus, Ohio or Dallas, Texas. There are many possibilities why the recruiting process is so frustrating. Some of it has to do with the nature of the labor market today. However, it is also a matter of availability and incentive. After all, what is the incentive for an Indian recruiter earning the equivalent of $15,000.00 USD per annum to identify and place an American candidate in a Senior Vice President, Director or C-Level Executive position with a $150,000.00 - $200,000.00 per year compensation package? Moreover, what better way to justify the issuance of H1-B Visas to Indian professionals when you can claim that you are unable to find knowledgeable and capable local US talent to fill a particular position? Rather than identify and select an American citizen or resident to fill this role, the Indian recruiter is incentivized to recommend hiring someone with that skill set in India. After all
Preston Williams III
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This provides the basis for unscrupulous characters to assume a persons American identity for the purpose of siphoning funds from their accounts, making fraudulent credit card purchases in their name or even applying for large loans on their behalf. In a recent report dated January 19, 2011, the US Federal Bureau of Investigation (FBI) revealed that cyber criminals engaging in ACH/ wire transfer fraud have targeted businesses by responding via e-mail to employment opportunities posted online. Breaches occur on a regular basis. However, few organizations go public when their systems are compromised. Companies like eFinancial Careers do a great public service when they take responsibility for an infraction and alert their user community about a breach. This kind of proactive response will empower enrollees/registrants to adopt the necessary steps to protect themselves from any further damage. See E-mail below. We are no longer that whom we were. In order to get a full and complete view of who we are as Americans will require Indian, Nigerian or Chinese lenses.
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Biometric Signature ID focuses on providing this technology to Higher Education as well as State and Federal Agencies in the United States. Other companies like Life Lock represent new innovations for creating a viable arsenal of tools which can be used to guard the only thing that may be of true value regardless of your wealth, influence or political status your REPUTATION!
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UNEMPLOYMENT IN AMERICA - PART III ONCE YOUR IDENTITY IS STOLEN, WATCH OUT
-Submitted By:
Founder | Senior Partner & CIO GBC Global Services Information Technology Solutions Internet: http://www.gbc-inc.net Date: February 16, 2011
PrestonW
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