UK: One in 10 men will be out of work by 2010

Submitted by anthony on Tue, 2009-10-13 19:55

Story here. Excerpt:

'More worrying is the fact one in five black men are currently unemployed - more than double the employment rate for white men.

The male unemployment rate is expected to rise above 10% by the start of next year and peak at 11% (1.9 million men).

According to research launched today by the CIPD, male unemployment currently stands at 9% (compared with a female unemployment rate of 6.9%). But the number of men unemployed has increased by 50% during the recession, while the number of women unemployed as increased by a much lower 33.4%.
...
John Philpott, CIPD's chief economist, said: "A focus on the relatively hard impact of the recession on men should not detract from the absolute deterioration in the labour market situation facing both sexes. Indeed, it is likely that the relative position of women will itself deteriorate in the coming decade as real cuts in public expenditure have an adverse impact on public sector employment.'

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I mean if the same percentage of the male population is out of the work force as the percentage of the male population killed in WWII, I guess some one must want WWIII to take care of all the unemployed men. No wonder Obama decided to get more into a second war then pull out from the first on like he promised on the campaign trail.

He's gotta have men with nothing to lose ready to go over seas and die for for the same fight that drove ROME to the verge of bankruptcy and caused them to lose control of Germany in 107 AD (It was pretty much all downhill for ROME from there to)

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Submitted by Paragon on Thu, 2009-10-15 10:21