Monthly Archives: July 2013

White Workers Aged 50+ Hit By Economic Jobless Tsunami – AP Reports

Exclusive: 4 in 5 in US face near-poverty, no work

Exclusive: Working-class whites are gloomy about future amid rising income gaps, racial shifts

Associated PressBy Hope Yen, Associated Press | Associated Press – 3 hours ago

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  • <p> This photo taken Friday July 12, 2013, shows the Salyers' produce stand in Council, Va. Four out of five U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and a vanishing American Dream. Hardship is particularly on the rise among whites, based on several measures. Pessimism among that racial group about their families’ economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy “poor.” (AP Photo/Debra McCown)View PhotoThis photo taken Friday July 12, 2013, shows the Salyers’ produce stand in Council, Va. Four out of five U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and a vanishing American Dream. Hardship is particularly on the rise among whites, based on several measures. Pessimism among that racial group about their families’ economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy “poor.” (AP Photo/Debra McCown)

WASHINGTON (AP) — Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

The findings come as President Barack Obama tries to renew his administration’s emphasis on the economy, saying in recent speeches that his highest priority is to “rebuild ladders of opportunity” and reverse income inequality.

As nonwhites approach a numerical majority in the U.S., one question is how public programs to lift the disadvantaged should be best focused — on the affirmative action that historically has tried to eliminate the racial barriers seen as the major impediment to economic equality, or simply on improving socioeconomic status for all, regardless of race.

Hardship is particularly growing among whites, based on several measures. Pessimism among that racial group about their families’ economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy “poor.”

“I think it’s going to get worse,” said Irene Salyers, 52, of Buchanan County, Va., a declining coal region in Appalachia. Married and divorced three times, Salyers now helps run a fruit and vegetable stand with her boyfriend but it doesn’t generate much income. They live mostly off government disability checks.

“If you do try to go apply for a job, they’re not hiring people, and they’re not paying that much to even go to work,” she said. Children, she said, have “nothing better to do than to get on drugs.”

While racial and ethnic minorities are more likely to live in poverty, race disparities in the poverty rate have narrowed substantially since the 1970s, census data show. Economic insecurity among whites also is more pervasive than is shown in the government’s poverty data, engulfing more than 76 percent of white adults by the time they turn 60, according to a new economic gauge being published next year by the Oxford University Press.

The gauge defines “economic insecurity” as a year or more of periodic joblessness, reliance on government aid such as food stamps or income below 150 percent of the poverty line. Measured across all races, the risk of economic insecurity rises to 79 percent.

Marriage rates are in decline across all races, and the number of white mother-headed households living in poverty has risen to the level of black ones.

“It’s time that America comes to understand that many of the nation’s biggest disparities, from education and life expectancy to poverty, are increasingly due to economic class position,” said William Julius Wilson, a Harvard professor who specializes in race and poverty. He noted that despite continuing economic difficulties, minorities have more optimism about the future after Obama’s election, while struggling whites do not.

“There is the real possibility that white alienation will increase if steps are not taken to highlight and address inequality on a broad front,” Wilson said.

___

Nationwide, the count of America’s poor remains stuck at a record number: 46.2 million, or 15 percent of the population, due in part to lingering high unemployment following the recession. While poverty rates for blacks and Hispanics are nearly three times higher, by absolute numbers the predominant face of the poor is white.

More than 19 million whites fall below the poverty line of $23,021 for a family of four, accounting for more than 41 percent of the nation’s destitute, nearly double the number of poor blacks.

Sometimes termed “the invisible poor” by demographers, lower-income whites generally are dispersed in suburbs as well as small rural towns, where more than 60 percent of the poor are white. Concentrated in Appalachia in the East, they are numerous in the industrial Midwest and spread across America’s heartland, from Missouri, Arkansas and Oklahoma up through the Great Plains.

Buchanan County, in southwest Virginia, is among the nation’s most destitute based on median income, with poverty hovering at 24 percent. The county is mostly white, as are 99 percent of its poor.

More than 90 percent of Buchanan County’s inhabitants are working-class whites who lack a college degree. Higher education long has been seen there as nonessential to land a job because well-paying mining and related jobs were once in plentiful supply. These days many residents get by on odd jobs and government checks.

Salyers’ daughter, Renee Adams, 28, who grew up in the region, has two children. A jobless single mother, she relies on her live-in boyfriend’s disability checks to get by. Salyers says it was tough raising her own children as it is for her daughter now, and doesn’t even try to speculate what awaits her grandchildren, ages 4 and 5.

Smoking a cigarette in front of the produce stand, Adams later expresses a wish that employers will look past her conviction a few years ago for distributing prescription painkillers, so she can get a job and have money to “buy the kids everything they need.”

“It’s pretty hard,” she said. “Once the bills are paid, we might have $10 to our name.”

___

Census figures provide an official measure of poverty, but they’re only a temporary snapshot that doesn’t capture the makeup of those who cycle in and out of poverty at different points in their lives. They may be suburbanites, for example, or the working poor or the laid off.

In 2011 that snapshot showed 12.6 percent of adults in their prime working-age years of 25-60 lived in poverty. But measured in terms of a person’s lifetime risk, a much higher number — 4 in 10 adults — falls into poverty for at least a year of their lives.

The risks of poverty also have been increasing in recent decades, particularly among people ages 35-55, coinciding with widening income inequality. For instance, people ages 35-45 had a 17 percent risk of encountering poverty during the 1969-1989 time period; that risk increased to 23 percent during the 1989-2009 period. For those ages 45-55, the risk of poverty jumped from 11.8 percent to 17.7 percent.

Higher recent rates of unemployment mean the lifetime risk of experiencing economic insecurity now runs even higher: 79 percent, or 4 in 5 adults, by the time they turn 60.

By race, nonwhites still have a higher risk of being economically insecure, at 90 percent. But compared with the official poverty rate, some of the biggest jumps under the newer measure are among whites, with more than 76 percent enduring periods of joblessness, life on welfare or near-poverty.

By 2030, based on the current trend of widening income inequality, close to 85 percent of all working-age adults in the U.S. will experience bouts of economic insecurity.

“Poverty is no longer an issue of ‘them’, it’s an issue of ‘us’,” says Mark Rank, a professor at Washington University in St. Louis who calculated the numbers. “Only when poverty is thought of as a mainstream event, rather than a fringe experience that just affects blacks and Hispanics, can we really begin to build broader support for programs that lift people in need.”

The numbers come from Rank’s analysis being published by the Oxford University Press. They are supplemented with interviews and figures provided to the AP by Tom Hirschl, a professor at Cornell University; John Iceland, a sociology professor at Penn State University; the University of New Hampshire’s Carsey Institute; the Census Bureau; and the Population Reference Bureau.

Among the findings:

—For the first time since 1975, the number of white single-mother households living in poverty with children surpassed or equaled black ones in the past decade, spurred by job losses and faster rates of out-of-wedlock births among whites. White single-mother families in poverty stood at nearly 1.5 million in 2011, comparable to the number for blacks. Hispanic single-mother families in poverty trailed at 1.2 million.

—Since 2000, the poverty rate among working-class whites has grown faster than among working-class nonwhites, rising 3 percentage points to 11 percent as the recession took a bigger toll among lower-wage workers. Still, poverty among working-class nonwhites remains higher, at 23 percent.

—The share of children living in high-poverty neighborhoods — those with poverty rates of 30 percent or more — has increased to 1 in 10, putting them at higher risk of teenage pregnancy or dropping out of school. Non-Hispanic whites accounted for 17 percent of the child population in such neighborhoods, compared with 13 percent in 2000, even though the overall proportion of white children in the U.S. has been declining.

The share of black children in high-poverty neighborhoods dropped from 43 percent to 37 percent, while the share of Latino children went from 38 percent to 39 percent.

—Race disparities in health and education have narrowed generally since the 1960s. While residential segregation remains high, a typical black person now lives in a nonmajority black neighborhood for the first time. Previous studies have shown that wealth is a greater predictor of standardized test scores than race; the test-score gap between rich and low-income students is now nearly double the gap between blacks and whites.

___

Going back to the 1980s, never have whites been so pessimistic about their futures, according to the General Social Survey, a biannual survey conducted by NORC at the University of Chicago. Just 45 percent say their family will have a good chance of improving their economic position based on the way things are in America.

The divide is especially evident among those whites who self-identify as working class. Forty-nine percent say they think their children will do better than them, compared with 67 percent of nonwhites who consider themselves working class, even though the economic plight of minorities tends to be worse.

Although they are a shrinking group, working-class whites — defined as those lacking a college degree — remain the biggest demographic bloc of the working-age population. In 2012, Election Day exit polls conducted for the AP and the television networks showed working-class whites made up 36 percent of the electorate, even with a notable drop in white voter turnout.

Last November, Obama won the votes of just 36 percent of those noncollege whites, the worst performance of any Democratic nominee among that group since Republican Ronald Reagan’s 1984 landslide victory over Walter Mondale.

Some Democratic analysts have urged renewed efforts to bring working-class whites into the political fold, calling them a potential “decisive swing voter group” if minority and youth turnout level off in future elections. “In 2016 GOP messaging will be far more focused on expressing concern for ‘the middle class’ and ‘average Americans,'” Andrew Levison and Ruy Teixeira wrote recently in The New Republic.

“They don’t trust big government, but it doesn’t mean they want no government,” says Republican pollster Ed Goeas, who agrees that working-class whites will remain an important electoral group. His research found that many of them would support anti-poverty programs if focused broadly on job training and infrastructure investment. This past week, Obama pledged anew to help manufacturers bring jobs back to America and to create jobs in the energy sectors of wind, solar and natural gas.

“They feel that politicians are giving attention to other people and not them,” Goeas said.

___

AP Director of Polling Jennifer Agiesta, News Survey Specialist Dennis Junius and AP writer Debra McCown in Buchanan County, Va., contributed to this report.

___

Online:

Census Bureau: http://www.census.gov

The White Working Class: The Most Pessimistic Group in America

MAY 27 2011, 12:08 PM ET
More

Eclipsed by demographics, new polling shows that this voting bloc feels increasingly alienated

Oil worker Texas - NIR ELIAS : Reuters - banner.jpg

Almost no one noticed, but around George W. Bush’s reelection in 2004, the nation crossed a demographic milestone.

From Revolutionary days through 2004, a majority of Americans fit two criteria. They were white. And they concluded their education before obtaining a four-year college degree. In the American mosaic, that vast white working class was the largest piece, from the yeoman farmer to the welder on the assembly line. Even as late as the 1990 census, whites without a college degree represented more than three-fifths of adults.

But as the country grew more diverse and better educated, the white working-class share of the adult population slipped to just under 50 percent in the Census Bureau’s 2005 American Community Survey. That number has since fallen below 48 percent.

The demographic eclipse of the white working class is likely an irreversible trend as the United States reconfigures itself yet again as a “world nation” reinvigorated by rising education levels and kaleidoscopic diversity. That emerging America will create opportunities (such as the links that our new immigrants will provide to emerging markets around the globe) and face challenges (including improving high school and college graduation rates for the minority young people who will provide tomorrow’s workforce).

 

Poor White People

Waiting For The Food Shelf To Open – Homeless Sarah and husband Tom hope for a better Obama tomorrow – they’ve been waiting for five years.

Still, amid all of this change, whites without a four-year college degree remain the largest demographic bloc in the workforce. College-educated whites make up about one-fifth of the adult population, while minorities account for a little under one-third. The picture is changing, but whites who have not completed college remain the backbone of many, if not most, communities and workplaces across the country.

They are also, polls consistently tell us, the most pessimistic and alienated group in American society.

The latest measure of this discontent came in a thoughtful national survey on economic opportunity released last week by the Pew Charitable Trusts’ Economic Mobility Project. If numbers could scream, they would probably sound like the poll’s results among working-class whites.

One question asked respondents whether they expected to be better off economically in 10 years than they are today. Two-thirds of blacks and Hispanics said yes, as did 55 percent of college-educated whites; just 44 percent of noncollege whites agreed. Asked if they were better off than their parents were at the same age, about three-fifths of college-educated whites, African-Americans, and Hispanics said they were. But blue-collar whites divided narrowly, with 52 percent saying yes and a head-turning 43 percent saying no. (The survey, conducted from March 24 through 29, surveyed 2,000 adults and has a margin of error of ±3.4 percent.)

What makes these results especially striking is that minorities were as likely as blue-collar whites to report that they have been hurt by the recession. The actual unemployment rate is considerably higher among blacks and Hispanics than among blue-collar whites, much less college-educated whites.

Yet, minorities were more optimistic about the next generation than either group of whites, the survey found. In the most telling result, 63 percent of African-Americans and 54 percent of Hispanics said they expected their children to exceed their standard of living. Even college-educated whites are less optimistic (only about two-fifths agree). But the noncollege whites are the gloomiest: Just one-third of them think their kids will live better than they do; an equal number think their children won’t even match their living standard. No other group is nearly that negative.

This worry is hardly irrational. As Massachusetts Institute of Technology economists Frank Levy and Tom Kochan report in a new paper, the average high-school-educated, middle-aged man earns almost 10 percent less than his counterpart did in 1980. Minorities haven’t been exempt from that trend: In fact, high-school-educated minority men have experienced even slower wage growth than their white counterparts over the past two decades, calculates Larry Mishel, president of the liberal Economic Policy Institute.

But for minorities, that squeeze has been partially offset by the sense that possibilities closed to their parents are becoming available to them as discrimination wanes. “The distinction is, these blue-collar whites see opportunities for people like them shrinking, whereas the African-Americans [and Hispanics] feel there are a set of long-term opportunities that are opening to them that were previously closed on the basis of race or ethnicity,” said Mark Mellman, a Democratic pollster who helped conduct the Pew survey.

By contrast, although it is difficult to precisely quantify, the sense of being eclipsed demographically is almost certainly compounding the white working class’s fear of losing ground economically. That huge bloc of Americans increasingly feels itself left behind–and lacks faith that either government or business cares much about its plight. Under these pressures, noncollege whites are now experiencing rates of out-of-wedlock birth and single parenthood approaching the levels that triggered worries about the black family a generation ago. Alarm bells should be ringing now about the social and economic trends in the battered white working class and the piercing cry of distress rising from this latest survey.

Image credit: Nir Elias/Reuters

50+ Jobless: Often Means Never Working Again – Ever – NY Times

Unemployed and Older, and Facing a Jobless Future

Talent Graphic Designer and Business Application Specialst, Sharon MacGregor

Talent Graphic Designer and Business Application Specialst, Sharon MacGregor

John Moore/Getty Images

Applicants waiting to meet prospective employers at a job fair in New York City. Those over 50 who lose their jobs confront the possibility of never working again.

<nyt_byline>

By ALINA TUGEND
Published: July 26, 2013 110 Comments

I WAS recently talking to a friend at a party whose husband — in his 60s — has been unemployed for more than two years. While there are many challenges, she said, one of the hardest things is trying to balance hope with reality.

Readers’ Comments

Is there a moment when people over 50 who don’t have jobs should give up looking, accept their fate and find other ways to make life meaningful?

She wonders how to support him in his continued quest to find a job in his field of marketing and financial services while at the same time encouraging him to think about what his life would be like if he never worked in that field or had a full-time job again.

“I wanted to move to what I thought was a healthier place. I wanted to turn the page,” said my friend, who asked to be identified by her middle name, Shelley, since she didn’t want to publicize her family’s situation. “He saw it as vote of no confidence.”

For those over 50 and unemployed, the statistics are grim. While unemployment rates for Americans nearing retirement are lower than for young people who are recently out of school, once out of a job, older workers have a much harder time finding work. Over the last year, according to the Labor Department, the average duration of unemployment for older people was 53 weeks, compared with 19 weeks for teenagers.

There are numerous reasons — older workers have been hit both by the recession and globalization. They’re more likely to have been laid off from industries that are downsizing, and since their salaries tend to be higher than those of younger workers, they’re attractive targets if layoffs are needed.

Even as they do all the things they’re told to do — network, improve those computer skills, find a new passion and turn it into a job — many struggle with the question of whether their working life as they once knew it is essentially over.

This is something professionals who work with and research the older unemployed say needs to be addressed better than it is now. Helping people figure out how to cope with a future that may not include work, while at the same time encouraging them in their job searches, is a difficult balance, said Nadya Fouad, a professor of educational psychology at the University of Wisconsin-Milwaukee.

Psychologists and others who counsel this cohort need to help them face the grief of losing a job, and also to understand that jobs and job-hunting are far different now from how they used to be.

“The contract used to be, ‘I am a loyal employee and you are a loyal employer. I promise to work for you my entire career and you train, promote, give benefits and a pension when I retire.’ Now you can’t count on any of that,” she said. “The onus is all on the employee to have a portfolio of skills that can be transferable.”

People in their 20s and 30s know that they need to market themselves and always be on the lookout for better opportunities, she said, something that may seem foreign to those in their 50s and 60s.

If a counselor or psychologist “doesn’t understand how the world of work has changed, they’re not helping at all,” she said. “You can’t just talk about how it feels.”

In response to this concern, Professor Fouad and her colleagues have drawn up guidelines for the American Psychological Association to help psychotherapists better assist their clients with workplace issues and unemployment. It is wending its way through the association’s committees.

Of course, not everyone who is unemployed and over 50 is equal. For some, the reality is that they need to find another job — any job — to survive. Others have resources that can allow them to spend more time looking for a job that might have the salary or status of their former position.

In the first case, Professor Fouad said, “You need to decide what is the minimum amount of money you can make and how to go about finding it.” In the second case, she said, it’s necessary to examine what work means to you and how that may have to change.

Is it the high social status? The identity? The relationship with co-workers? It is important to examine these areas, perhaps with the help of a professional counselor, Professor Fouad said, to discover how to find such meaning or relationships in other areas of life.

<nyt_text>Sometimes simply changing the way you look at your situation can help. My friend Shelley’s husband, Neal, who also asked that I use his middle name, said the best advice he received from a friend was “don’t tell people you’re unemployed. Tell them you’re semiretired. It changed my self-identity. I still look for jobs, but I feel better about myself.”

Readers’ Comments

Is there a moment when people over 50 who don’t have jobs should give up looking, accept their fate and find other ways to make life meaningful?

He also has friends facing the same issues, who understand his situation. Such support groups, whether formal or informal, are very helpful, said Jane Goodman, past president of the American Counseling Association and professor emerita of counseling at Oakland University in Rochester, Mich.

“Legitimizing the fact that this stinks also helps,” she said. “I find that when I say this, clients are so relieved. They thought I was going to say, ‘buck up.’ ”

And even more, “they should know the problem is not with them but with a system that has treated them like a commodity that can be discarded,” said David L. Blustein, a professor of counseling, developmental and educational psychology at the Lynch School of Education at Boston College, who works with the older unemployed in suburb of Boston. “I try to help clients get in touch with their anger about that. They shouldn’t blame themselves.”

Which, of course, is easy to say and hard to do.

“I know not to take it personally,” Neal said, “but sure, I wonder at times, what’s wrong with me? Is there something I should be doing differently?”

It is too easy to sink into endless rumination, to wonder if he is somehow standing in his own way, like a cancer patient who is told that her attitude is her problem, he said.

Susan Sipprelle, producer of the Web site overfiftyandoutofwork.com and the documentary “Set for Life” about the older jobless, said she stopped posting articles like “Five Easy Steps to get a New Job.”

“People are so frustrated,” she said. “They don’t want to hear, ‘Get a new wardrobe, get on LinkedIn.’ ”

As one commenter on the Facebook page for Over Fifty and Out of Work said, “I’ve been told to redo my résumé twice now. The first ‘expert’ tells me to do it one way, the next ‘expert’ tells me to put it back the way I had it.”

Some do land a coveted position in their old fields or turn a hobby into a business. Neal, although he believes he’ll never make as much money as in the past, recently has reason to be optimistic about some consulting jobs.

But the reality is that the problem of the older unemployed “was acute during the Great Recession, and is now chronic,” Ms. Sipprelle said. “People’s lives have been upended by the great forces of history in a way that’s never happened before, and there’s no other example for older workers to look at. Some can’t recoup, though not through their own fault. They’re the wrong age at the wrong time. It’s cold comfort, but better than suggesting that if you just dye your hair, you’ll get that job.”

  1. he internet provides a big wall of privacy. It’s worth figuring out a way to make money using it if for no other reason than no one has to know your age, gender, race, etc. Worth a thought.

      • ms muppet
      • california
      • Verified

      Employers are only echoing the rampant agism that exists in our society at large. My husband, who is still gainfully employed as a software architect at 61, was recently asked by his physician if he had ever heard of YouTube. When people see the grey hair they assume you are technically illiterate and not capable of learning new things. The irony is that many of the people who invented the software products that we all use are now over the age of fifty.

        • Debra
        • formerly from NYC
        • Verified

        Has that physician ever heard of VHS? Betamax? 45 music “singles”? How to add and subtract without a calculator?

        We old folks still have lots to offer.

      • SAS
      • NY, NY

      The problem is not the workers — anyone with flexibility and drive can adapt to changing conditions. The problem is employers who don’t have the vision to value a diverse workforce with a breadth of experience, and who are hiring based on the bottom line. They’ll be the poorer for it.

        • ACW
        • New Jersey

        Um, accepting that you will never work again is one thing when you have some kind of resources to pay your way.

        I’m 58. I was laid off in March. My entire family is dead except for one handicapped sister (who has never worked; the only reason I’m not in a cardboard box on the street is that our modest family home is in trust for her). All my friends live far away and are not doing any better than I am. I’ve always lived modestly – secondhand clothes, simple diet, so there is not much to cut. I saved all my money, but a million-dollar medical bill (that is not an exaggeration) for a single acute illness forced me into penury. I have a limited number of possessions I can sell, because I haven’t spent my life accumulating lots of expensive stuff (not that there’s much of a market for it in a recession, which we are still in). Everyone I know says I’m a great worker and they don’t understand why I’m not hired but they’re not the ones making the hiring decisions. The counselors at NYS UI come right out and say it: age discrimination may be illegal, but it’s also impossible to prove. It’s marginally better than the doofuses who chirp that a new suit, a positive attitude, and trimming a couple of older jobs off your resume will do the trick. The fact that they do understand doesn’t make me feel any better.

        I suppose I should accept my fate. Consider, though, what it is. Would you accept the advice to accept it?

          • Unemployed Rising
          • Washington, D.C.

          In our view, a primary condition that will help the re-employment of unemployed older workers is much faster growth of the U.S. economy–at least two to three times faster. This will directly translate into a much greater demand for labor and much faster job growth over all. Qualified job seekers who are age 40 and over will get some of these jobs as employers will be less likely to get away with being so choosy. However, older workers who are not qualified for jobs that they’re interested in will still have to pick up additional required skills and somehow get the applied work experience that employers demand in order to have a shot at being considered.

          A new, national discussion on ageism in hiring and employment ultimately leading to better enforcement of state and federal age discrimination in employment laws also needs to take place. The adverse 2009 Supreme Court decision in Gross v. FBL Financial Services needs to be overturned, and the Equal Employment Opportunity Commission (EEOC) needs to be mandated by Congress to track employer hiring activity by applicant age group.

            • James B. Huntington
            • Eldred, New York

            THIS IS THE REALITY.

            The jobs crisis is PERMANENT, and will NOT end with better economic times.

            A 2012 Independent Publisher Book Award winner, giving a fresh view on what is happening with American jobs, will tell you all about it. Work’s New Age: The End of Full Employment and What It Means to You is a resource for all of us. It explains what we are experiencing in terms of numbers, trends, and social patterns, and what we can – and cannot – do about it. Work’s New Age is the first full-length book in years to address this massive national concern. It shows why the gap between workers and jobs will get ever larger, and which possible solutions will only harm. It is well documented and thoughtful but easy to understand. The book even provides hope, by demonstrating how we have the potential to transform this crisis into a new American golden age.

            Work’s New Age is available on amazon.com, barnesandnoble.com, and worksnewage.com, and either on the shelves or by special order at your local bookstore. For much more information on what is really happening with jobs in America, see www.worksnewage.com .

              • lucy
              • Atlanta

              Not sure I see the problem, wasn’t Barry obama going to fix this? Well soon we will all be on food stamps and this will not be an issue.

              Maybe next time the country will elect a qualified person with a business background and not an unqualified community organizer.

                • Linda
                • Oklahoma
                • Verified

                George W. Bush had an MBA. He also had a string of failed oil businesses but the voters forgot to look at his lifetime of failures. With his MBA, Bush started two wars and ruined the economy. Romney had a business background. That’s why he had to depend on millions of dollars in federal grants to save the Salt Lake City Olympics. Is that what they teach in business school to take as many millions of dollars in government welfare as you can leach out of the system?

                • Andrea E
                • NY
                • Verified

                Linda,

                Bush is irrelevant. We’d be crazy to elect another president who hasn’t a solid understanding of both global economic competition and the acumen to figure out what to do with the American worker in this new economic paradigm.

                We are facing all new challenges. New solutions are necessary. That requires both will and skill.

                • Debra
                • formerly from NYC
                • Verified

                “Barry” has tried but he’s getting blocked by the Republicans.

              • Art Koff
              • Chicago, IL

              Surveys at RetiedBrains.com show the best ways for older jib seekers to find employment is look for temporary jobs and project assignments. These kinds of jobs are easier to find and age is less likely to be a factor in hiring.

              We have also found that when applying for a full time job if you ask to start on a temporary or project basis it gives you a leg up on younger applicants who are unable to work without benefits.

              Temporary jobs and project assignments often turn into full time jobs after you demonstrate your abilities and work ethic.

                • Dean Charles Marshall
                • California

                As our country becomes increasingly awash in celebrity worshipers, gossip mongers and techno zombies enamored with the trivial pursuit the value of work gets marginalized or fragmented out of existence. Think about it, back in the day our country produced an unparalleled string of technological achievements that were the envy of the world, now the best we can cobble together are nebulous things like Facebook and smartphones. The American worker is just another expendable commodity affected by the whims of the bottom line, foreign “low ballers” and greed. The American Dream, while always a good piece of propaganda at least gave us hope, now indentured servitude to corporate feudalism is de rigueur leaving us “old geezers” groveling over the table scraps and facing the uncertainty of Social Security. Personally, “truth, justice and the American way” sure seems to ring much hollower these days.

                  • James Levin
                  • New York

                  There was a time when you had a job & it turned into a career. You paid your dues, had opportunities to distinguish yourself & improve your status.

                  You were rewarded for good work, being loyal, got promoted & a raise.

                  You built relationships, created a feeling of trust & became ‘dependable’.

                  Today, we are drifters. Working vagabonds looking for a place to land for a short term We move on to something that might be better or for many – just different.

                  Now we become ‘disposable’.

                  Employment is transient. Move on, get fired. Is there loyalty?

                  Companies are in transition too. Re-structuring & changes = new direction.

                  Sometimes, it creates a hostile environment, lowers morale, raises morale, shifts the dynamics, & changes need to occur.

                  Either way, it makes us drifters.

                  When I review resumes or interview someone, I like to see a path that tells a story.
                  A compelling story.

                  A good story has substance to it. It has a beginning, the middle & should continue to build into something that exhibits accomplishments.

                  I often look at an older demographic that has that substance and wonder why they wouldn’t be considered a ‘good hire’.

                  Too often, we hear a veiled response of ‘over qualified’, when in fact they really mean ‘too old’.

                  This category offers everything the work force needs – Experience, a need to work, a desire to work, enthusiasm & above all, in exchange get a decent job.

                  This demographic is a smart hire.
                  James Levin – JobSearch Therapy
                  www.jobsearchtherapy.com

                    • Stephen Beard
                    • Troy, OH

                    Here’s the 411 (a term best recognized by those over 50): Your past life is over if you are laid off and over 50. Humiliating as it may seem, you need to view yourself as a beginner in another field of work, accept that you’re going to be paid badly, but make the best of what you have. You can contribute to any job you take by bringing your maturity and sensibiliities to your new employer. Just don’t expect any raises or even any praise. You remain who you are, and that’s an excellent place to be.

                      • SCWedeman
                      • Arlington, VA

                      This question is posed as if not working were an option. We have bills to pay, mouths to feed, loved ones who need us. To be unable to earn a living is a death sentence, for us and for our families. How dare you?

                        • kamscott
                        • Colorado Springs, CO

                        My husband is fine being semi-retired at 55. Or at least he’s not actively looking.
                        I’m not okay with it. Sure, we’ll downsize our spending, but that mode of living doesn’t build true retirement savings.
                        I don’t mean to be selfish, but I am younger and statistically will live longer. Shouldn’t that factor into whether he is “accepting” of his (possibly) temporary situation?

                          • mark
                          • New York

                          Anyone over 50 who has anxiety about losing his or her job because of age, should note that the Republican members of the Supreme Court made it more difficult, if not impossible, to sue employers who discriminate against older workers in Gross v. FBL Financial Services. As a result of that decision, there is now a higher burden to prove age discrimination than there is to prove other forms of discrimination, such as that based on race or sex.

                          If you are older and your job is vulnerable, you are making a big mistake voting Republican. The GOP members of the Supreme Court and the GOP leadership are determined to destroy the laws which allow victims of discrimination in the workplace to sue their employers.

                          The GOP crazies also want to destroy Social Security and Medicare, so any non-wealthy person over 50 who votes for the GOP is voting against his or her interests.

                            • Andrea E
                            • NY
                            • Verified

                            If only our job problems were actually the result of “GOP crazies” or gerrymandering or voter suppression or whatever else people are up in arms about this week.

                            Our problem is that most people, yourself included, haven’t even defined our biggest problem accurately. Until they do, they’ll believe that replacing one party will somehow achieve miraculous outcomes.

                            Neither party has the answers, but that may be because, they, too, are foolishly focusing on each other.

                          • Bob Walters
                          • Los Angeles, CA

                          What I’m finding hard to understand is why wouldn’t one simply retire if they are laid off in their late 50’s. At 59 1/2 one can draw from their IRA without penalty. The housing market is recovering, making it an excellent time to sell and downsize to cheaper accommodations and possible even relocate to a lower cost-of-living area.

                          If you don’t think it can be done, think again. This guy retired after less than ten years of employment and he wasn’t a Wall Street trader either:http://www.mrmoneymustache.com/. Just learn to enjoy life and realize time is priceless.

                          I make $133K/year and won’t hesitate to walk away from this job next year when I turn 58, if not sooner… can’t wait!!!

                            • greenie
                            • Vermont

                            Good article with many excellent points. I think, having experienced this myself, that the work world has changed significantly. Those of us who are 50 plus were raised to believe that employers would be loyal and that it was a good thing to stay in a job for a long time. At some point that all changed. Some of us shifted with it; I by nature as well as circumstance have held many different positions. Others stayed in their jobs until they got laid off and then were faced with unemployment after 25 or more years in the same position; to their shock potential employers were not necessarily impressed by that.

                            One thing facing older workers, besides ageism which is real, is that the employer-employee “contract” has changed markedly. We are competing with younger workers who up and leave for a new opportunity after 1 year on the job without a second thought.

                            I faced a long period of unemployment recently. I did some consulting work during it but in general, it was a long dry period. The mental anguish is real. The sense that one has been discarded and is no longer needed is devastating.

                            I recently landed a professional job without benefits. Then I was offered my former job back due to their obtaining funding. I am probably going to work both jobs; one f/t and one p/t. I never again want to be dependent on just one job. I have no idea what the future holds but I can tell you that I’m over 50 and I’m no longer jobless and it’s professional work in my field so it can happen!

                              • Mark
                              • CT

                              When looking for a position, people often stress networking, but where and with whom? My suggestion is to volunteer. I work several days/week at a large food panty, staffed with volunteers (mostly retired, but some part-time and most still connected) from major banks, pension funds, police departments and software companies. Being volunteers, they have already demonstrated a willingness to help others and may ofter insight into job opportunities and more importantly – connections with people on the inside. Help others, help yourself.

                                • Ed
                                • New Jersey

                                Start your own business, in the field that you have worked in all those years, because you have developed skill sets and valuable experience, that is lacking with the new college graduates, and give it a go ! Realize that you will not make the income you use to make at the beginning, but very likely that you might get there in 5-10 years. Obviously you need to downsize if you want to get rid of your debt load, so you are relieved of some pressure. Do not look back….always look forward. Good Luck !!

                                  • Megan
                                  • Northfield, MN

                                  I know it’s saddest for those without a job, but one shouldn’t forget that those of us who do have a job are completely trapped in it, no matter how destructive the situation has become.

                                    • Inspired
                                    • Sunnyvale, California

                                    1). Most of my friends fall into the category of highly professional and intellectually gifted engineers, lawyers, expert witnesses, scientists, artists, computer scientist – programmer – bioinformatics engineer, and business person.

                                    2). All were adversely effected by what I consider an economic depression.

                                    3). All have survived the downturn by the constant application of hunting for and pushing for paid work. They have had to invent and direct their own business. All have suffered a great economic loss. Few experience “parties” or a real vacation.

                                    The people who succeed in high tech here in SV pounds out his or her resumes and cover letters at a rate of 10 or 15 a day to hiring agents, and connect and re-connect and are hired for a few days to a few weeks or if they are lucky a few months.

                                    Th OLDER MATURE WORKER has mastered the basics and are younger than the YOUTH because they seek, adopt, and master the vast number of job requirements – software – the 50s generation has all of the higher level skills down.

                                    Compare a job advertisement generated from an East Coast Job to that of an SF or Silicon Valley job advertisement. A job in the east coast has few job requirements while the jobs in Silicon Valley want a valid reason to reject an applicant and seek a person with qualifications to become the PRESIDENT.

                                    My message here is that those who succeed are compelled to push, push, push and push. There is no let up of the downturn.

                                      • arthur32945
                                      • Hollis, AK

                                      If I, at age 68, could give the younger generation a heads up , it would be this! Assume that after age 50, your chance of getting re-employed again is slim to nil. If you assume that, you will have your home all paid for. All your credit cards will be paid down to min. You will have set your sights on moving to a retirement living in a part of this country that does not have a property tax. That is a killer for many when their dream home area is discovered by others and valuation increases drive property taxes sky high. Limited income means they must move. Plan for it. If you are stuck in rental,and it keeps rising, you will be homeless! This is the new, “Facts Of Life!”

                                        • ronmulvaney
                                        • Brookfield, WI

                                        No. Remember Winston Churchill’s charge: “Never, never, never give up.” Stop just sending out resumes, marketing letters and emails. Show up on the employers’ door step every day. Carry a small 3-minute egg timer in your pocket and promise secretaries you’ll be out of the boss’s hair before the egg-timer runs out of sand. Improve your elevator speech so that you’re out of the boss’s office before the egg-timer sand runs out.

                                        Dress up like you were going for the interview of your life every day. Suit, white dress shirt, power tie, shoes that are so shiny you can shave in them. Have your hair cut every two weeks. Have professional business cards printed with your name, home and email addresses, home and cell phone numbers. Always give out two cards — one is for them, the other is for someone they know. Network like a crazy fool.

                                        Form your own network/support group of 6-8 male and female jobseekers (preferably from different fields) who promise to stick together like glue until EVERYONE in the group finds a decent job. This is known as a master-mind alliance. Job seeking is too important to go it alone. Meet early in the morning, once a week. Missing meetings is not an option. Report on places you’ve been, employers you’ve contacted, completed phone calls you’ve made. Then tell what you specifically proposed to do next week. Announce all offers. Expect group advice.
                                        When you get a job – AND YOU WILL – remember: keep your powder dry and your resume wet.

                                          • CR
                                          • Seattle

                                          After looking for work for more than two years my advice is:

                                          1. Don’t bother with recruiters; they are no more than craven “body snatchers” and have no interest in even communicating with anyone over 50.

                                          2. Use LinkedIn to research the approximate ages of the people in charge at potential employers. If the “HR” person is older than 50 you might have a better chance.

                                          3. Find out the location of the local food bank and don’t be too proud to use it.

                                          4. If you have life insurance check if your policy covers “self inflicted termination” (just in case one can not bear it any longer).

                                            • Operation Boomerang
                                            • San Diego CA

                                            Great article. Thanks for drawing attention to the unemployment crisis. A crisis with no end in sight. I submit that a well-crafted resume and an updated profile on LinkedIn can indeed help the long-term unemployed. Many midlife professionals out of work haven’t had to conduct a job search in decades. It’s important to look cutting-edge and solicit referrals. Hand-wringing doesn’t accomplish anything. Neither does telling people to reinvent themselves – it’s not always possible. But, giving people a sell-piece resume and direction with regard to self-branding works! I know this held true for me and it also holds true for those supporters of my nonprofit, Operation Boomerang. As an aside, were more public outrage directed at employers who are doing nothing to help those our of work or underemployed, we might not be in the situation we are in today. Someone who has been out of work should not be dismissed as a viable candidate. This type of mentality is beyond wrong! Employers should hire based on ability to do the job, not whether or not a candidate is a perfect match for the job description.

                                              • Emperor
                                              • NY

                                              I think is very unfair for the compsnies to fire the older people in order to hire young. There id sn example I work at jcp and they ate firing the old people. Old people are more responsible with their jobs and have more experience . Older people have more beeds thsn younger, younger people just work for fun becausemany of them still depend of their parents and dont pay bills.

                                            Promising 1,000 Jobs – Australian Company Lands in the US

                                            Eyemuffs
                                            The World’s Most Comfortable Hearing and Eye Protection System – Being Worn by an Actual Australian Dingo

                                            New Enterprise Launch – SMART Holdings USA Seeks US Mft Partner Creating US Jobs with Reptiler US Safety Equipment –   According to the US Center for Disease Control “there are 800,000 significant eye injuries requiring hospital visits per year.”   (http://www.cdc.gov/Features/dsworkPlaceEye/ )  The “Prevent Blindness Association” presents a bleaker snapshot of eye injuries in the US.  ( http://bit.ly/18KXxNK )

                                            And “Eyemuff” are the cool solution.

                                            The product revolutionizes the way Eyes & Ears Are Protected in Industrial and Sporting Environments  –  Will Sell Directly into the Channel of Law Enforcement and Safety Appliance  – expected to create 1,000 US  jobs.

                                            Investor Ricki Sells Participating in Search & Selection Process for New HQ Location - To Choose 1 of 7 States.  Up to 1,000 Jobs To Be Created
                                            Australian Investor Ricki Sells Participating in Search & Selection Process for New HQ Location – To Choose 1 of 7 States. Up to 1,000 Jobs To Be Created

                                            SMARTvt is proud to have created a partner with “Reptiler” an outback eye and ear protection manufacturing company that is now building channel distribution enterprise in the United States originating in Vermont.

                                            Asked how Vermont was selected, Sells said, “SMART Holdings USA is well-known in international business circles for its ability to help quickly align the right resources at the right time – and with our business model of growing 1,000 US jobs, reaching out to Michael J. Kipp, CPA, CEO of SMART and Mark Renkert, SMART’s chair was the right thing to do at the right time.”

                                            Reptilier has created a family of products around hearing and eye protection for the Safety & Health Market and the Outdoor Adventure Sport Market.

                                            According to the National Institute of Health 1/3 of US Adults will suffer significant hearing reduction as a result of unprotected ears during their professionals and recreational lives  ( http://www.nidcd.nih.gov/health/hearing/pages/older.aspx )

                                            “As Bike Helmet have become the “norm” for recreational cyclist – hearing and eye protection will become the norm for the coming generation,” says Dr. Michael Olson and Michael J. Kipp, Executive Officers with SMARTvt.

                                            Eyemuffs have unique lenses – they can be made for prescription eyewear and offer special low light and bright light lensing solution.

                                            Affordable – easy to carry – and color offerings make them a perfect Safety Accessory.

                                            “Reptiler” Eye Protective Wear was created and patented by Jorge Pereira in Canberra Australia.  Pereira, a Tile Master Craftsman developed the devices to protect his ears and eyes during the dangerous process of slicing tile for high-end construction projects.

                                            Jorge Pereira

                                            Birthplace of "Reptiler" Eyemuff Products
                                            “Reptiler” Birthplace of “Reptiler” Eyemuff Products

                                            Ultimate Australian Ear & Eye Protective Wear

                                            “Reptiler USA” is the brainchild of Tamara Sells and her husband Ricki.

                                            Tamara  is the daughter of 1,200 Acre Australian Ranching Family that raise a 4,000 head cattle herd. Ms. Sells has a Bachelors Degree and worked in the Australian Legal System and when she arrived in the US she worked for a Bankruptcy Specialist and functioned as a Chapter 13 Trustee and then worked in Nashville, Tennessee as a Clerk of the Court. Currently she works for the large PNC Bank as an Economic Development Referral Advisor.

                                            All-the-while planning and testing markets for “Reptiler USA” protective devices.

                                            The organization is now developing US Manufacturing Partners, Suppliers, and Logistics expertise and is in the process of selecting a new US Headquarters.

                                            New South Wales - 12,000 Acre - 4,000 head Rancher, Tammy Sells CEO of Reptiler USA Partnered with Inventor Jorge Pereira to launch one of the US largest Eye Safety Initiatives.

                                            New South Wales – 12,000 Acre – 4,000 head Rancher, Tammy Sells CEO of Reptiler USA Partnered with Inventor Jorge Pereira to launch one of the US largest Eye Safety Initiatives.

                                            Says Economic Development Guru Michael Kipp, “These are exciting times for “Reptiler” they are first in the market with this kind of product and there’s a line of strategic partners that see opportunity.”

                                            Says Rick Sells, “We look forward to being a driving force in Workers Compensation claim reduction for eye and ear injuries – there’s millions to be saved while having fun with these products. I can easily see these worn as commonly as “Oakley Brand” sunglasses.”

                                            “It is an amazing opportunity to greatly reduce work-related eye-injuries in the US – the product’s fun colors and comfortable fit will become as ubiquitous as bike helmets for today’s cyclist,” said, Mark Renkert of SMARTvt.com.

                                            SMARTvt New Logo

                                            Eyemuffs

                                            Feds Probing EB-5 Program – “Fountain of Youth” Mentality is Over

                                             
                                            Jay Peak co-owner Bill Stenger said Wednesday the controversy that erupted Tuesday in Washington D.C. around the EB-5 program and U.S. Citizenship and Immigration Services Director Alejandro Mayorkas won’t affect his efforts to bring foreign investment into the Northeast Kingdom.

                                            The Associated Press reported Tuesday that Mayorkas, President Barack Obama’s choice to be the No. 2 official at the Homeland Security Department, is under investigation for allegedly improperly helping a Virginia company secure approval for a Chinese investor who had been rejected for the EB-5 program overseen by U.S. Citizenship and Immigration Services (USCIS).

                                            “I don’t think it will do any damage to our program or what we’re doing,” Stenger said. “It is something that appears to be under review and hopefully will be concluded shortly. I don’t know what the outcome will be but hopefully Director Mayorkas is exonerated.”

                                            Under the EB-5 program, foreign investors can secure green cards for themselves and their families by investing $500,000 in projects in areas of the country with high unemployment, or $1 million in other parts of the country. If those projects create 10 full-time jobs after two years, the investors receive their green cards.

                                            Stenger has put together one of the largest EB-5 programs in the nation in the Northeast Kingdom, with a plan to raise $600 million from foreign investors for improvements to Jay Peak and Burke Mountain resorts, as well as projects in Newport that include a new hotel and conference center, a new downtown block of shopping and residential units. Stenger is also opening a biotechnology company and high-tech window manufacturer in Newport.

                                            Stenger said Tuesday that about 20 percent his EB-5 investors are Chinese, and that none has ever been rejected by USCIS. All EB-5 investors must prove the funds they are investing come from legal sources, and in the case of China, investors cannot be members of the Communist Party.

                                            “In most of our investors’ cases their investment comes from the appreciation of the ownership of real estate they’ve had for a number of years in China,” Stenger said. “”They’ve owned a piece of property for a number of years, sold the property and the proceeds of the sale are used for the investment. That’s very common. We also have people who own businesses in China.”

                                            Stenger said China is a “very big market” for EB-5 investors, but that his project is probably the largest in the nation that does not rely predominantly on Chinese investors.

                                            “We have investors from all over the world,” Stenger said. “In the last week we have had investors visit Jay Peak from five different countries —Saudi Arabia, Egypt, South Africa, Thailand and Taiwan.”

                                            The AP reported that the investigation by the Homeland Security Inspector General Office began last year on a referral from an FBI analyst in the counter intelligence unit in Washington. The FBI has been concerned about the EB-5 program and the projects it’s funding since at least March, according to the AP.

                                            The primary complaint against Mayorkas, the AP reported, was that he helped a financing company run by Anthony Rodham, the brother of former Secretary of State Hilary Rodham Clinton, to win approval for a Chinese investor even after the application to the EB-5 program was denied and an appeal was rejected.

                                            An email from the Inspector General’s office to lawmakers sent Monday evening obtained by the AP also includes allegations that other USCIS Office of General Counsel officials obstructed an audit of the visa program by the Securities and Exchange Commission. The email did not name any specific official from the general counsel’s office.

                                            The AP also obtained an unclassified State Department report about the EB-5 program that says in China “applicants are usually coached and prepped for their interviews, making it difficult to take at face value applicants’ claims” about where their money comes from and whether they are members of the Chinese Communist Party.

                                            Doug Hauer, partner at the Boston law firm Mintz Levin, said Tuesday, he believes there’s a “huge issue” concerning how Chinese investors in the EB-5 program are manipulated by immigration lawyers and others.

                                            “It’s unsurprising that Chinese applicants are coached and prepped for interviews and are unable to substantiate any of the facts in their own cases,” Hauer said. “They’ve been coached by immigration lawyers and by consultants and they don’t understand what they’ve invested in. In my opinion, every investor who puts $500,000 into an EB-5 program should have at least visited the investment or should at least understand fully the documents that they’ve signed.”

                                            Hauer said he believes a lack of financial expertise within the USCIS also leads to improper rejections of EB-5 applications. He said Mintz Levin has clients who have come to the firm for help after their cases have been denied.

                                            “I think USCIS does not have the expertise to read securities documents or to truly understand complex issues such as source of funds,” Hauer said. “Supposedly the agency is now better positioned to understand these issues, but in the EB-5 process what is lacking is true expertise at the agency, and this leads many times to unfair denials or denials that aren’t based in a normative reading of the law.”

                                            On the “other side of the spectrum,” Hauer said, there are also successful applications that should never have been approved.

                                            “In the next couple of years, the SEC will be looking at the entire EB-5 program more carefully,” Hauer said. “There needs to be tighter control and tighter interagency involvement in the EB-5 process. There are too many EB-5 petitions filed for Chinese investors who have no idea what they’ve invested in and who are unable to explain to a U.S. consulate the basis of their investments.”

                                            Brent Raymond is director of the Vermont Regional Center for the EB-5 program, the only regional center in the country owned and operated by a state. Raymond said Tuesday that in his opinion Mayorkas has improved the EB-5 approval process, “both as far as strengthening review as well as making it more streamlined and predictable.”

                                            Raymond pointed out that in its email to legislators, the Inspector General’s office said it did not have any findings of criminal misconduct at this point, and that it has not specified criminal violations specific to Mayorkas. Raymond also lauded Sen. Patrick Leahy’s legislation introduced earlier this summer, saying it “does everything to strengthen oversight.”

                                            “Sen. Leahy’s efforts can only improve what is already a well-regulated program,” Raymond said.

                                            Leahy’s legislation passed the Senate in June as part of the immigration reform bill, which has stalled in the House. The legislation would make the EB-5 program permanent, in addition to providing additional oversight tools to ensure that all users of the program are in full compliance with securities laws.

                                            The legislation also permits the Secretary of Homeland Security to bar those who have been liable of financial or other crimes from using the program, and to conduct background checks on potential regional center managers. Regional Centers would have to provide detailed annual reporting to track the progress of investment projects.

                                            The Associated Press contributed to this article.

                                            Contact Dan D’Ambrosio at 660-1841 or ddambrosio@burlingtonfreepress.com. Follow him on Twitter at http://www.twitter.com/biz_bfp.

                                             

                                            “Pot of Gold Economic Investments Might Just Be Mud,”

                                            By Mark Renkert, Mcsl

                                            Chairman, SMART Holdings USA

                                            Image

                                            “All That Glitters Is Not Gold,” described Shakespeare in Merchant of Venice in 1596 depicting the importance of discernment when determining value.

                                            And thus can be said about the media’s campaign trumpeting job and economic development creation of the United States EB-5 Program.

                                            “10,000 Jobs To Be Created,” The Burlington Free Press  (http://bfpne.ws/ZS1nBl )

                                            Vermont is one of a growing number of states where the media blitz has raised a skeptic’s brow.

                                            Morrisville, Vermont hosted a now-rejected EB-5  Dreamlife Senior Housing Project originated by Quebec Canada resident, Richard Parenteau who has funded two dozen business starts and failures over the years and lately, the Stowe Reporter Newspaper reported that Parenteau’s Dreamlife Retirement Resorts, LLC which filed “Regionally” (which means that they don’t have to meet the Job Generating characteristics mandated by most EB-5 Projects) has raised fraud concerns over principal misrepresentation over partner credentials. (Quick Reference Guide for EB-5: EB-5 Characteristics Easy Chart)

                                            But the zeal of chasing EB-5 Investors is like the Gold Rush of the 1840’s.  And gold it is ….. for Investment idea originators like Stenger who can get as much as $25,000 per investor and each product can have up to a 100 investors regardless whether the Investment Project flies or not.

                                            That’s right – Project Hosts get up to $35,000 in fees per investor.  And some feel that might be the true motivation behind many of the projects.

                                            For Jay Peak:  once the I-526 had been approved, Stenger has an additional clause in the subscription agreement that provides compensation of $10,000 per investor even if the investor did not pursue the investment after the 30-day review period ended, making Jay Peak one of the few EB-5 regional centers that charged (and still charges) a document fee. (more see: http://bit.ly/VU4aUm )

                                            Stenger III

                                            There are armies of hucksters traveling the world recruiting groups of investor pools with a zeal not seen since the Time-Share-Condominium Recruitment blitzes of yesteryear.   Often with the same kinds of results.

                                            Time Share

                                            In Vermont  officials sought to stop EB-5 privileges from Richard Parenteau of Quebec after serious misrepresentations occurred.  And in Missouri, government officials ran for cover with the colossal failure of Mamtek International when 600-almost-jobs went “poof” as the $65M deal in Moberly, MO tanked sending the CEO to jail for theft and Missouri lawmakers asking critical questions:

                                            “How are jobs forecasted and why is there no audit trail to show a job generating trail. There has to cause-and-effect linkage and it has to be clear and transparent.”

                                            “Four jobs of a promised 600 were created in the Missiouri project– why weren’t the risks disclosed to lawmakers – why weren’t investors told that there was NOT a plant already in operation in China?”

                                            Image

                                            In Vermont, Bill Stenger’s EB-5 project led the the development of a large water park and indoor pool at a ski area that increased room night visits when ski conditions were bad.  But continuing EB-5 Projects a Bio-lab is currently only half-funded and a Door / Window Door Manufacturing grab the headlines with “Job Creation 10,000 Jobs Forecasted.

                                            Says business financier and valuation expert, Michael J. Kipp, CPA, the CEO of SMART Holdings USA – “That 10,000 Job Generation Number is a statistical impossibility and could not be sanctioned by any Sarbanes Oxley Investment Prospectus in the United States.”

                                            Long time Stenger EB-5 alliance Rapid USA (http://www.visausa.com) CEO, Douglas Hulme, in February 2013 distanced itself from Stenger’s investments.

                                            Seven Day’s Newspaper reported  (http://www.7dvt.com/2012vermont-eb-5-visas) “For five years, Rapid USA had worked closely with Jay Peak to attract foreign investors. The company advertised the project internationally and helped investors navigate the complex process,” but the relationship soured when Rapid USA lost confidence in the Jay Peak Plan.

                                            In March 2013 hundreds of immigration attorneys around the world received an email from Rapid USA that announced, “Rapid USA no longer has confidence in the accuracy of representations made by Jay Peak, Inc., or in the financial status of and disclosures made by [it].”

                                            Rapid USA, CEO,  Douglas Hulme turned down repeated media requests to elaborate on his company’s claims. But his silence was deafening and sparked speculation about Jay Peak’s ability to deliver on promises led one critic to claim that Jay Peak and Rapid USA were violating federal securities laws.

                                            “Overall, we have significant concerns about [Jay Peak’s] ability to operate as a going concern,” says Michael Gibson, an EB-5 financial investment adviser who has tangled with Stenger in the past and who posted Hulme’s email on his industry blog. “We’ve had our suspicions for years. We don’t believe Jay Peak is making money.”

                                            Michael Gibson is a leading US EB-5 Expert and has reported and blogged numerous frauds and potential frauds all over the US reported here:  ( http://eb5news.blogspot.com/2012/04/michael-gibson-reports-investor.html )

                                            Vermont politicians have stood with Stenger to date.

                                            Still…… other Politicians in other states did the same standing by their project yet were duped while also steadfastly supporting the fraudulent investments. One case involved Missouri Governor Jay Nixon who ardently supported a failed EB-5 Project that jailed its CEO Bruce Cole who was charged with theft and securities fraud and who was released on $10,000 bond but was arrested with a $500,000 bond.   (http://www.mogop.org/2011/09/5689/)

                                            Missouri Governor Jay Nixon's Economic Development Team Took a Huge Hit When They Were Swindled by EB-5 Hucksters. Nixon was warned in advanced but didn't listen.
                                            Missouri Governor Jay Nixon’s Economic Development Team Took a Huge Hit When They Were Swindled by EB-5 Hucksters. Nixon was warned in advanced but didn’t listen.

                                            Mamtek II

                                            Meanwhile constituents in Missouri have lost confidence in their job creation team.

                                            While in Vermont: Stenger disputes the allegations and provided documentation showing that sales for the season are up 38 percent over 2012’s dismal year — or $5.7 million. Lift-ticket sales are down $400,000 from last year, Stenger says, but an increase in lodging options on the mountain — 1000 more beds this year alone — has more than made up the difference. For example, sales during the last week of March reached $891,000, compared with $589,000 for that same week in 2011. Analyst point out that Jay’s discounted package deals have eroded margin but boosted volume making profitability illusive and reliant on steep discounts.

                                            Still others don’t like how data is compiled, measured or reported.

                                            Non-Verifiable methodology reporting to US Citizens the program’s Job Creation and Economic Benefits are key reasons why The Federation For American Immigration Reform (FFAIF) opposes the U.S. Citizenship and Immigration Services (USCIS) EB-5 program.

                                            FFAIF reports that 70% of EB-5 projects fail to make four years of operation and that less than 1% of job touted are actually created.

                                            So in Vermont’s case that would be fewer than 1,000 jobs after hundreds of millions in investment.

                                            The FFAIF study reported: At present, the debate about the EB-5 program consists primarily on anecdotal evidence of the success or failure of a handful of investment projects. Analysis of available data strongly suggest that the failure rate has been high, and that the economic benefits provided by the EB-5 program have been negligible, at best. As the USCIS Ombudsman has noted: “The bill’s supporters predicted that about 4,000 millionaire investors, along with family members, would sign up, bringing in $4 billion in new investments and creating 40,000 jobs [annually].”  However, the most comprehensive study of the program was a 2005 Government Accountability Office (GAO) report which analyzed the performance of the program from 1992 through 2004. The GAO found that after 12 years the EB-5 program had only led to $1 billion (instead of the predicted $48 billion) in investments and there was no reliable accounting of jobs created.

                                            To be sure there needs to be reliable and accurate reporting of facts so investors can make informed decisions.  EB-5 Promoters need to be held accountable about making Forward-looking statements through the media and in their publicity vehicles and measures need to be taken by a governing oversight body to avoid both investor fraud and for State’s taking a hit like they did in Moberly, Missouri.

                                            And while Shakespeare’s line in Merchant of Venice talking about gold rings true….. it is also important to remember that there is no such thing as a free lunch when it comes to investment and that EB-5 may be too unpredictable, unregulated and wild for a State’s economic development engine to rely on.

                                            Marks Photo B:W Small

                                            (Mark Renkert, Mcsl, is Chair of SMARTvt and is a Labor Force Participation Expert and who has supervised thousands of job seekers for over two decades. He works as a Retained Executive Recruiter, a Human Capital Advisor, and Strategic Human Capital Development Advisor to Fortune 50 Companies where he serves on their Board of Directors.  http://www.linkedin.com/in/smartvt  )

                                            SMART Tallies 481 in IBM VT Layoff

                                            Layoffshttp://bfpne.ws/12JJ3fI

                                            Gov Presses IBM To Take Better Care of Former Employees.

                                            Confidential Reports to SMART Holdings USA HQ from “Insider Managers” email and telephone reports confirming that IBM has left 481 Jobless Vermonters in Essex Junction.

                                            But the company refuses to respond .

                                            Interestingly there are a still large number of IBM professionals from the last large layoff over four years ago who still seek jobs.  This finding is antithetical to the Governor’s forward thinking statement saying the state has jobs for these displaced professionals.

                                            A legislative report just released paints Vermont has Worst In Nation for Economic Growth Outlook for the coming two years.  ( http://www.alec.org/wp-content/uploads/VT.pdf )

                                            Governor Shumlin is pressing for information from the company:
                                            Aggregated from:

                                            Written by
                                            Dan D’Ambrosio
                                            Free Press Staff Writer

                                            Gov. Peter Shumlin said Wednesday he continues to believe IBM is an important employer in Vermont, committed to a “strong future” in the state, but that the tech giant should reveal how many employees were let go at its Essex Junction facility last month.

                                            IBM released the names of those who lost their jobs to the state Department of Labor this week, but has asked the state to keep that information confidential because it is commercially sensitive and exempt from disclosure under the law.

                                            The state has said it agrees the names should not be released, but is not convinced the total number should be kept from the public. IBM has until noon Thursday to make its argument for keeping all of the information secret.

                                            “I hope IBM will peel the Band-Aid back on this one and let Vermonters know what the number is,” Shumlin said. “They have given the number to my Department of Labor. We have a public records request as of yesterday and we’re doing our due diligence to figure out where our legal standing is. I feel strongly it is in IBM’s interest and Vermonters’ interest to let the number out.”

                                            The public records request was made by the Burlington Free Press on Tuesday evening, after the Labor Department issued a news release saying IBM had requested confidentiality for the number of employees affected by the June 12 reduction in the work force in Essex Junction.

                                            The number of workers IBM terminated in June has been estimated at 325 by the state and 450 by Essex Town Manager Pat Scheidel.

                                            The governor says if he and his lawyer conclude the Vermont Public Records Act requires it, his administration will release the number regardless of whether IBM wants the figure widely known.

                                            Shumlin stressed that the decision not to release the number is coming from IBM executives in North Carolina, and not from local management of the company.

                                            “We’re dealing with corporate policy far beyond Vermont’s border,” Shumlin said.

                                            Shumlin said he had not spoken to Janette Bombardier, the top IBM executive in Essex Junction, but added, “What I can tell you is obviously transparency matters.”

                                            IBM layoffs in New York State in June triggered a state law there that required IBM to report that 369 workers were terminated at a facility in Hopewell Junction, N.Y., and 328 workers were terminated at a facility in Poughkeepsie, N.Y.Shumlin would not say whether Vermont needs to change its statute covering how companies are required to report large separations of employees, but says the policies could be changed administratively, or through legislative action.“My point is we’re going to review current policies and determine whether we recommend rules changes,” Shumlin said.Shumlin said it’s important for the state to get the names and other details of mass separations as quickly as possible so it can begin trying to match those who have lost their jobs to new jobs.“It breaks your heart to see qualified, dedicated Vermonters lose their jobs,” Shumlin said. “The good news is we happen at this time in our history to have lots of employers who need skilled smart people like those being laid off at IBM.”

                                            Large General Dynamics Layoffs Expected: Defense Spending Savaged

                                            Image

                                            This is just the beginning of a larger strategy to drastically decrease or exit Vermont market for General Dynamics as 35 Lose Jobs  :   http://bit.ly/1dWx0mn

                                            A Secret Plan of Large Scale Layoffs is in the Works for Major VT Employer

                                            A Secret Plan of Large Scale Layoffs is in the Works for Major VT Employer

                                            A larger wave is expected…….

                                            Burlington – Last months move by General Dynamics to close its Charlotte Operation has sent shockwaves through the company. More Layoffs Expected.

                                            Insiders at General Dynamics here in Burlington say that re-organizational behavior by the company in recent months points to wide-scale Vermont layoffs and perhaps a closure.

                                            Requesting anonymity, respondents say, ” Targeted will be workers who recently were forced via organizational changes into different designations, roles, duties, business segments; … those with variances in employment appraisals; … those whose work changed and that is being performed by a different department…….. much fear about liquidating the building lease and shipping jobs elsewhere or redistributing work to new units. There has been a lot of discussion about “Layoff Setups” whereby the worker is moved to a different segment and then is given an impromptu Performance Evaluation that is not in align with the other 26 years of performance appraisals.”

                                            SMART Holdings USA postulates — how could anyone be perfect in a new job in two weeks ?

                                            Some respondents postulate that the leased building is positioned for easy termination and liquidation resulting from a complete Burlington, Vermont exodus.

                                            Michael J. Kipp, CPA, and former CEO of Suss Microtek says “These kinds of corporate behaviors are consistent with geographic abrupt pullouts,”  Suss Microtek did the same maneuvers before their Vermont departure several years ago.

                                            In Charlotte, North Carolina, yesterday General Dynamics announced a massive closure.

                                            See:  http://bit.ly/12t0C07

                                            General Dynamics to close Charlotte-based division

                                            Staff Reports
                                            Posted: Monday, Jul. 15, 2013

                                            Defense company General Dynamics is closing its Charlotte-based Armament and Technical Products division by the end of the year under a consolidation plan that will move those services to St. Petersburg, Fla.

                                            It’s not known how many of the 90 jobs at the headquarters facility at Water Ridge Parkway off Tyvola Road will move to Florida, but “we do expect that there will be some job reduction,” General Dynamics spokesman Rob Doolittle said.

                                            A company official cited changing demand and increased competition as reasons for the change, which will consolidate two combat systems businesses. “We have determined that consolidation is the best way to maintain the competiveness and profitability of these lines of business,” said Mark C. Roualet, executive vice president

                                            The division moved to Charlotte from Vermont in 2003. General Dynamics Armament and Technical Products designs, develops and produces market-leading weapon and vehicle systems for the U.S. military, according to the company. General Dynamics employs approximately 2,500 workers at facilities in 10 states and several non-U.S. locations.

                                            Unemployment Trend Analysis – How Long It Takes To Find A New Job

                                            THE JOBS REPORT July 5, 2013, 8:09 pm 10 Comments

                                            How One Month’s Jobless Fare a Month Later

                                            By CATHERINE RAMPELL

                                            Friday’s jobs report was good, but it’s worth remembering that people already unemployed are still having a terrible time finding work. This is particularly evident from the Labor Department’s flows data, which track the labor force status of individuals from one month to the next. Here’s a chart showing theflows for unemployed workers — that is, if a worker was unemployed last month, what is his or her labor status this month?

                                            Source: Bureau of Labor Statistics, via Haver Analytics. The lines show worker flows from unemployment last month into each of the following statuses in the current month: unemployment, not in labor force, employment.Source: Bureau of Labor Statistics, via Haver Analytics. The lines show worker flows from unemployment last month into each of the following statuses in the current month: unemployment, not in labor force, employment.

                                            As you can see, the most likely outcome for someone unemployed in May was to continue being unemployed in June. The second-most-likely outcome was to drop out of the labor force entirely — that is, stop looking for work. (That’s part of the reason that today’s labor force participation rate is so low, although the biggest flow into the “not in labor force” category still comes from people who are leaving jobs rather than giving up a fruitless job hunt.)

                                            Finally, the third-most-likely outcome was to find a job. Over all, fewer than one in five people who were unemployed in May were employed in June.

                                            Unemployed workers have been more likely to flow out of the labor force than into employment for almost the entire period beginning around December 2008 to the present. This was historically not the case; for the nearly 19 years spanning from February 1990 (when the data series began) to the end of 2008, jobless workers were almost always more likely to find a job than to give up or retire. There were only two months when this was not the case (March 2003 and December 2005).

                                            In June, the number of people flowing from unemployment into employment (2,330,000) was almost as high as the the number flowing from unemployment out of the labor force (2,481,000), but not quite. Fingers crossed, maybe next month we’ll finally see those lines cross each other again.

                                            40% US Total Workforce Unemployed – 11.7M Workers – And Sequestration – Benefits Cut By Nearly $50 Per Week

                                            Reported By CNBC Reporter Jeff Cox

                                            Talented US Workers Are Jobless – And for long periods – over a year.

                                            Talented and experienced Graphic Designer and Computer Applications Guru, Sharon MacGregor is one such worker  (http://www.linkedin.com/in/sharonmacgregor )

                                            Talent Graphic Designer and Business Application Specialst, Sharon MacGregor

                                            Talent Graphic Designer and Business Application Specialst, Sharon MacGregor

                                            The 11.7 million Americans still unemployed are finding their wallets getting even lighter as the sequester federal spending cuts kick in.

                                            While the mandated decreases have been slow to trickle into the real economy, the unemployed are feeling perhaps the first big jolt.

                                            As of July 1, the average weekly benefit of $289 will fall by $43 a week, adding pressure at a time when the labor market is trying to find its bearings but has yet to generate the kind of employment that would indicate a strong recovery.

                                            (Read MoreJob Growth Posts Large Gain in June; Rate Holds )

                                             Sharon MacGregor, a 43-year-old graphic designer by trade, lost her job about a year ago when the medical education company she worked for went under. Since then, she’s struggled to find work and now has to contend with even less unemployment compensation.

                                            “It’s horrible, I never thought it would be like this when I got let go,” she said. “I’ve been laid off before and found a job in a couple of months. I thought I’d be fine.”

                                             MacGregor joins the ranks of 120,100 unemployment insurance recipients in New Jersey who will see their average compensation drop 22.2 percent, according to the National Employment Law Project.

                                            The current typical unemployment insurance check for the Garden State runs $382, but will be reduced by $85.

                                             As she traverses the rough unemployment terrain, MacGregor finds herself bartering for services at the hair and nail salon and counting on her Christian faith to get her through.

                                            “I believe in God. I’m keeping my patience. For me, that’s how I get by,” she said. “Something definitely needs to be done.”

                                            The cuts have come about as Congress debates how to handle the spending cuts mandated after it failed to reach a deficit-reduction deal last year.

                                            (Read MoreJobs Picture Improves-but Not in Manufacturing )

                                            While the spending pullback has helped reduce the national budget deficit and has had only incremental effect on first-half growth, economists worry that the full effect will be felt in the final six months of the year.

                                            “They just don’t care. The government is doing absolutely nothing to stimulate job growth,” MacGregor said. “They’ve just swept this under the carpet.”

                                            Some of the sequester effects on jobs appear to have turned up in the June non-farm payrolls report, which showed the economy added 195,000 jobs while the unemployment rate held at 7.6 percent.  Yet the number of workers whose benefits expire often drop from the work force entirely evidenced by the catastrophic drop in the Labor Force Participation Rate which says nearly 40% of US Workers have vanished from the work force.

                                            Labor Force March 2013

                                            During the month, the number of workers holding part-time jobs for economic reasons swelled by 322,000 to the highest level since October.

                                            How that plays out nationally likely will depend on location.

                                            (Read MoreWhite House Hails Jobs Report, GOP Finds Flaws )

                                            New Jersey and Maryland led the pack of states cutting back on benefits at 22.2 percent each, followed by Montana (19.6 percent), Connecticut (19.2 percent), and Arizona and Illinois, both at 16.8 percent.

                                            In states where the jobs picture is more robust, the cuts are lower.

                                             Texas, for instance, is reducing its typical benefit by 10.2 percent. The state has a 6.5 percent jobless rate-well below the national level-and has 118,500 on unemployment insurance.

                                             Jordan Douglas was one of those who relied on the benefit program while studying to get her licensed vocational nursing degree.

                                            Douglas, 25 and a single mother living in the small panhandle city of Pampa, lost her nursing job in February 2012 and how has three positions-one full-time and two part-time jobs she has thanks to a big demand in her field.

                                            (Slideshow12 Jobs Where Women Win on Gender Pay )

                                             “It’s awesome and I couldn’t have done it without unemployment,” she said. “I literally got unemployment all the way up until April and I graduated in May. There just would have been no way I could have made it.”

                                            For the jobless about to feel the sting of benefit cuts, then, Douglas’ story at least provides some hope.

                                            “I don’t know if it was the economy last year or what. Now that I have a different degree it was a littler easier to find a job,” she said. “I got my first check and it was double for two weeks what I made in a month. It feels pretty good.”

                                            _ By CNBC’s Jeff Cox. Follow him  @JeffCoxCNBCcom on Twitter.

                                            Job Creation – Vermont 1 of 7 States Considered for New HQ

                                            Eyemuffs

                                            The World’s Most Comfortable Hearing and Eye Protection System – Being Worn by an Actual Australian Dingo

                                            New Enterprise Launch – SMART Holdings USA Seeks US Mft Partner Creating US Jobs with Reptiler US Safety Equipment –

                                            The product revolutionizes the way Eyes & Ears Are Protected in Industrial and Sporting Environments  –  Will Sell Directly into the Channel of Law Enforcement and Safety Appliance  – expected to create 1,000 US  jobs.

                                            Investor Ricki Sells Participating in Search & Selection Process for New HQ Location - To Choose 1 of 7 States.  Up to 1,000 Jobs To Be Created
                                            Australian Investor Ricki Sells Participating in Search & Selection Process for New HQ Location – To Choose 1 of 7 States. Up to 1,000 Jobs To Be Created

                                            SMARTvt is proud to have created a partner with “Reptiler” an outback eye and ear protection manufacturing company that is now building channel distribution enterprise in the United States originating in Vermont.

                                            Asked how Vermont was selected, Sells said, “SMART Holdings USA is well-known in international business circles for its ability to help quickly align the right resources at the right time – and with our business model of growing 1,000 US jobs, reaching out to Michael J. Kipp, CPA, CEO of SMART and Mark Renkert, SMART’s chair was the right thing to do at the right time.”

                                            Reptilier has created a family of products around hearing and eye protection for the Safety & Health Market and the Outdoor Adventure Sport Market.

                                            According to the National Institute of Health 1/3 of US Adults will suffer significant hearing reduction as a result of unprotected ears during their professionals and recreational lives  ( http://www.nidcd.nih.gov/health/hearing/pages/older.aspx )

                                            “As Bike Helmet have become the “norm” for recreational cyclist – hearing and eye protection will become the norm for the coming generation,” says Dr. Michael Olson and Michael J. Kipp, Executive Officers with SMARTvt.

                                            Eyemuffs have unique lenses – they can be made for prescription eyewear and offer special low light and bright light lensing solution.

                                            Affordable – easy to carry – and color offerings make them a perfect Safety Accessory.

                                            “Reptiler” Eye Protective Wear was created and patented by Jorge Pereira in Canberra Australia.  Pereira, a Tile Master Craftsman developed the devices to protect his ears and eyes during the dangerous process of slicing tile for high-end construction projects.

                                            Jorge Pereira

                                            Birthplace of "Reptiler" Eyemuff Products
                                            “Reptiler” Birthplace of “Reptiler” Eyemuff Products

                                            Ultimate Australian Ear & Eye Protective Wear

                                            “Reptiler USA” is the brainchild of Tamara Sells and her husband Ricki.

                                            Tamara  is the daughter of 1,200 Acre Australian Ranching Family that raise a 4,000 head cattle herd. Ms. Sells has a Bachelors Degree and worked in the Australian Legal System and when she arrived in the US she worked for a Bankruptcy Specialist and functioned as a Chapter 13 Trustee and then worked in Nashville, Tennessee as a Clerk of the Court. Currently she works for the large PNC Bank as an Economic Development Referral Advisor.

                                            Tammy Sells

                                            New South Wales – 12,000 Acre – 4,000 head Rancher, Tammy Sells CEO of Reptiler USA Partnered with Inventor Jorge Pereira to launch one of the US largest Eye Safety Initiatives.

                                            All-the-while planning and testing markets for “Reptiler USA” protective devices.

                                            The organization is now developing US Manufacturing Partners, Suppliers, and Logistics expertise and is in the process of selecting a new US Headquarters.

                                            Says Economic Development Guru Michael Kipp, “These are exciting times for “Reptiler” they are first in the market with this kind of product and there’s a line of strategic partners that see opportunity.”

                                            Says Rick Sells, “We look forward to being a driving force in Workers Compensation claim reduction for eye and ear injuries – there’s millions to be saved while having fun with these products. I can easily see these worn as commonly as “Oakley Brand” sunglasses.”

                                            “It is an amazing opportunity to greatly reduce work-related eye-injuries in the US – the product’s fun colors and comfortable fit will become as ubiquitous as bike helmets for today’s cyclist,” said, Mark Renkert of SMARTvt.com.

                                            SMARTvt New Logo

                                            Eyemuffs

                                            The Number of People in the US Paying Into Social Security is at a World Record Low

                                            Number of People Working – Lowest Since 1979
                                            AP  |  By By PAUL WISEMAN and JESSE WASHINGTON

                                            WASHINGTON (AP) — After a full year of fruitless job hunting, Natasha Baebler just gave up.

                                            Image

                                            She’d already abandoned hope of getting work in her field, working with the disabled. But she couldn’t land anything else, either — not even a job interview at a telephone call center.

                                            Until she feels confident enough to send out resumes again, she’ll get by on food stamps and disability checks from Social Security and live with her parents in St. Louis.

                                            “I’m not proud of it,” says Baebler, who is in her mid-30s and is blind. “The only way I’m able to sustain any semblance of self-preservation is to rely on government programs that I have no desire to be on.”

                                            Baebler’s frustrating experience has become all too common nearly four years after the Great Recession ended: Many Americans are still so discouraged that they’ve given up on the job market.

                                            Older Americans have retired early. Younger ones have enrolled in school. Others have suspended their job hunt until the employment landscape brightens. Some, like Baebler, are collecting disability checks.

                                            It isn’t supposed to be this way. After a recession, an improving economy is supposed to bring people back into the job market.

                                            Instead, the number of Americans in the labor force — those who have a job or are looking for one — fell by nearly half a million people from February to March, the government said Friday. And the percentage of working-age adults in the labor force — what’s called the participation rate — fell to 63.3 percent last month. It’s the lowest such figure since May 1979.

                                            The falling participation rate tarnished the only apparent good news in the jobs report the Labor Department released Friday: The unemployment rate dropped to a four-year low of 7.6 percent in March from 7.7 in February.

                                            People without a job who stop looking for one are no longer counted as unemployed. That’s why the U.S. unemployment rate dropped in March despite weak hiring. If the 496,000 who left the labor force last month had still been looking for jobs, the unemployment rate would have risen to 7.9 percent in March.

                                            “Unemployment dropped for all the wrong reasons,” says Craig Alexander, chief economist with TD Bank Financial Group. “It dropped because more workers stopped looking for jobs. It signaled less confidence and optimism that there are jobs out there.”

                                            The participation rate peaked at 67.3 percent in 2000, reflecting an influx of women into the work force. It’s been falling steadily ever since.

                                            Part of the drop reflects the baby boom generation’s gradual move into retirement. But such demographics aren’t the whole answer.

                                            Even Americans of prime working age — 25 to 54 years old — are dropping out of the workforce. Their participation rate fell to 81.1 percent last month, tied with November for the lowest since December 1984.

                                            “It’s the lack of job opportunities — the lack of demand for workers — that is keeping these workers from working or seeking work,” says Heidi Shierholz, an economist at the liberal Economic Policy Institute. The Labor Department says there are still more than three unemployed people for every job opening.

                                            Cynthia Marriott gave up her job search after an interview in October for a position as a hotel concierge.

                                            “They never said no,” she says. “They just never called me back.”

                                            Her husband hasn’t worked full time since 2006. She cashed out her 401(k) after being laid off from a job at a Los Angeles entertainment publicity firm in 2009. The couple owes thousands in taxes for that withdrawal. They have no health insurance.

                                            She got the maximum 99 weeks’ of unemployment benefits then allowed in California and then moved to Atlanta.

                                            Now she is looking to receive federal disability benefits for a lung condition that she said leaves her weak and unable to work a full day. The application is pending a medical review.

                                            “I feel like I have no choice,” says Marriott, 47. “It’s just really sad and frightening”

                                            During the peak of her job search, Marriott was filling out 10 applications a day. She applied for jobs she felt overqualified for, such as those at Home Depot and Petco but never heard back. Eventually, the disappointment and fatigue got to her.

                                            “I just wanted a job,” she says. “I couldn’t really go on anymore looking for a job.”

                                            Young people are leaving the job market, too. The participation rate for Americans ages 20 to 24 hit a 41-year low 69.6 percent last year before bouncing back a bit. Many young people have enrolled in community colleges and universities. That’s one reason a record 63 percent of adults ages 25 to 29 have spent at least some time in college, according to the Pew Research Center.

                                            Older Americans are returning to school, too. Doug Damato, who lives in Asheville, N.C., lost his job as an installer at a utility company in February 2012. He stopped looking for work last fall, when he began taking classes in mechanical engineering at Asheville-Buncombe Technical Community College.

                                            Next week, Damato, 40, will accept an academic award for earning top grades. But one obstacle has emerged: Under a recent change in state law, his unemployment benefits will now end July 1, six months earlier than he expected.

                                            He’s planning to work nights, if possible, to support himself once the benefits run out. Dropping out of school is “out of the question,” he said, given the time he has already put into the program.

                                            “I don’t want a handout,” he says. “I’m trying to better myself.”

                                            Many older Americans who lost their jobs are finding refuge in Social Security’s disability program. Nearly 8.9 million Americans are receiving disability checks, up 1.3 million from when the recession ended in June 2009.

                                            Natasha Baebler’s journey out of the labor force and onto the disability rolls began when she lost her job serving disabled students and staff members at Purdue University in West Lafayette, Ind., in February 2012.

                                            For six months, she sought jobs in her field, brandishing master’s degrees in social education and counseling. No luck.

                                            Then she just started looking for anything. Still, she had no takers.

                                            “I chose to stop and take a step back for a while … After you’ve seen that amount of rejection,” she says, “you start thinking, ‘What’s going to make this time any different?’ ”

                                            IBM Layoff Job Club Fridays 8 am