Summary
Over time, the U.S. destroyed its manufacturing base and sent it offshore, leaving a giant void where no jobs or opportunities are available for a vast portion of ordinary workers.
Today's job market is characterized by a high number of people competing for limited opportunities, creating a competition quagmire. How many are familiar with the term "cattywampus?"
The U.S. is characterized by service sector jobs, government jobs, and financialization jobs, a process where financial institutions, markets, and motives dominate the economic system. There is a significant gap for the ordinary person because their skill sets do not align with the required job openings. That was by design, and did not just happen by chance or random event.
Outsourcing, while it made products more affordable, has had a profound impact on job seekers. It has led to a situation where there are far too many applicants vying for a limited number of jobs and economic opportunities. Stories of 200 to 2,000 applications for a single government job are not uncommon, despite the government often receiving few results. This reality is a source of immense frustration for those seeking employment, a disappointment that many of us can relate to.
Colleges are churning out graduates with degrees that are not in demand. The news is rife with stories of college graduates with substantial debt and degrees that seem to have little practical value in the job market. Many find themselves in low-paying service positions, such as servers at a coffee drive-through, struggling to make ends meet. This disconnect between education and job market demands is not just a pressing issue; it's an urgent one that needs to be addressed immediately.
https://www.zerohedge.com/personal-finance/these-are-20-worst-college-degrees-finding-job
How many for-profit corporations need to hire a master's degree person with a major in Diversity, Equity, and Inclusion, which constitutes reverse discrimination and Marxist ideologies? However, this is not related to business strategies, achieving results, or pursuing a profit. There are too many useless or marginally useful majors. Whose fault is that?
Thirteen colleges offer a degree in GLBTQ studies. That would be an interesting dynamic in a job interview for a CPA position or a management position. How about a degree in music appreciation? These examples highlight the absurdity of specific degrees in the current educational system, underscoring the dire need for a more practical approach to education.
https://www.educations.com/bachelors-degree/lgbtq-studies
There are 163.994 million people in the workforce, including those in entry-level and part-time positions.
How many people not in the workforce are there in the U.S. Today?
As of April 2025, 102.1 million people over the age of 16 were not in the workforce, according to the Bureau of Labor Statistics, a notoriously unreliable government agency. This means a 62.7% labor participation rate.
Sifting through the statistics, we will discover some interesting facts.
The Bureau of Labor Statistics uses a survey method of 60,000 households to determine statistics for the entire country.
Unemployment is defined as the state of being jobless, actively seeking work, and available for work.
The BLS calculates the unemployment rate by dividing the number of unemployed individuals by the total number of people in the labor force, and then expresses this as a percentage. The most recent unemployment rate figure is 4.2%, creating a false illusion that the U.S has full employment.
Suppose someone becomes frustrated and quits looking for a job for 30 days (four weeks). In that case, they are dropped from the unemployment rolls, and the statistics are misleading rather than accurate, as reported by the Bureau of Labor Statistics (BLS).
Unemployed individuals who cannot find a job but are actively looking: -7.165 million
Struggling to find a job but unsuccessful, due to a mismatch in skills (the frustrated subset) - 24. Million
Real unemployment rate: 7.165 + 24= 31.165 million unemployeed divided by the number of jobs 163,994= 19% (real unenployment rate)
Students- It requires looking through fuzzy math to figure this out.
https://www.bls.gov/news.release/hsgec.nr0.htm
Retired individuals. 48.8 million
Special Needs: illness, disability, and home responsibilities
The remainder are retired individuals and persons with special needs who are unable to work.
The 19% unemployment rate is alarming, but is kept secret due to the government's attempt to maintain civil order. In the meantime, individuals and families are being left behind in economic subsistence. They are placed on the same government transfer program rolls as welfare, unemployment compensation, disability benefits, or early retirement due to force.
Herein lies the underpinning of the real plight of the American Enterprise, a depression in the making--the "Grapes of Wrath", 2025 style.
All this occurs while colleges continue to churn out robots of ideological leftists, who are well indoctrinated, with majors that do not have skills that correspond to the demands of the workforce.