cannabineer
Ursus marijanus
No, there aren't 300 million Americans seeking work, but a very high percentage would take a decent job if they could get it. Traditional unemployment numbers are very deceiving because once someone gives up after a couple hundred applications, they aren't considered unemployed anymore. The fact is, there aren't enough jobs to go around - not even close - and the ones that are being created are generally paying very low wages with no benefits and no path to something better.
Well as a first cut, current unemployment numbers are 12.7 million which is 8.2%. (bureau of labor Statistics, numbers released June 1 2012) While I agree that the system seriously underreports the unemployed, if you calculate 100% it's about 105 million. So with 150 million jobs available, and most workers not holding multiple jobs, it looks workable. Mind you, this is what we used to call a "first-order analysis" which is an engineer's in-joke for "wild-ass guess". cn