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Economy
9:57 am
Fri September 14, 2012

Discouraged in hunt for a job, many stop looking

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Credit Chip Somodevilla / Getty Images
A job fair was held at the The Walter E. Washington Convention Center in Washington, D.C., last month. The U.S. unemployment rate declined in August in part because the number of "discouraged workers" climbed.
Credit Courtesy of Geoff Dutton
Geoff Dutton, an unemployed software developer, has given up on finding a job. He says the market has shifted, and he could not keep up. "I wasn't up on the new version of everything anymore," he says.
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Originally published on Fri September 14, 2012 10:43 am

The U.S. population is growing. In normal times, the labor force — working or not — would be growing too. But these are not normal times, and the labor force is actually smaller than it was four years ago, meaning millions of people who should be there aren't.

The reasons people drop out of the workforce are myriad. People go back to school. Others have health issues or family priorities that keep them from looking for work. But some stop looking because they are discouraged.

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Politics
6:49 pm
Wed September 5, 2012

Plummer points to levee uncertainty as cause of unemployment

Credit (Chris McDaniel/Beyond November)
Illinois congressional candidate Jason Plummer (at right).
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Illinois Congressional candidate Jason Plummer points to the uncertainty of the Metro East levee situation as a large cause of the area’s high unemployment rate. 

The Republican candidate says federal regulators are getting in the way of bipartisan work by local officials.  The Federal Emergency Management Agency alleges the area should be deemed a “hazard zone.” If that happens, the value of houses would reportedly plummet. Plummer said the number one complaint he hears is the lack of certainty.

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