Both China and India are Amazing Stories of Poverty Reduction... We Should Stop Demonizing Them

[Zalatix]

45. Wrong, wrong, factually wrong, and wrong again. Your math is way, way off.

The "new" jobs being created are very few.

Run the math. Count up every last company that says they are struggling to find workers. Count up the number of jobs. Now count up the number of unemployed. Compare the two. Even if every last American got every marketable skill known to humanity, most unemployed would stay unemployed. Do the math.

Look at our job growth. Compare it to the growth of our working class population. The former is STILL the smaller number. That means we're putting more workers on the market than there are jobs being created. And MOST of those jobs are low paying.

The jobs that are being created, what few they are, are demanding higher productivity from workers. They are, as a result, leading to a reduction in the need for workers. You want to see what this has led to, over the last few decades? Here ya go.
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The "skillsets mismatch" argument is a LIE. We have tons of engineers, especially computer engineers, who are out of jobs. Here's an exercise for you - look at the jobs where companies are saying they're "struggling" - notice how they're not PAYING more? If you have a shortage of workers, the pay always goes up. The pay ain't going up.

Finally, unemployment isn't falling - people are simply running out of benefits and are not being counted.