We are fortunate if we have a job that earns us the money we need to maintain a reasonable standard of living personally, and for our families. But most of us may not appreciate the “luxury” of a job until we lack one.
So it is painful to acknowledge that job opportunities are scarce for some people in our area, as well as across much of the nation.
Tennessee’s unemployment rate rose to 9.7 percent last month, and Georgia had a jobless rate of 9.8 percent. The national unemployment rate in May was 9.1 percent.
Unemployment in even good economic times may be around 5 percent, because of factors such as normal, voluntary job changes that technically leave some people “unemployed” for a brief period. But unemployment levels exceeding 9 percent are clearly not just a matter of workers voluntarily leaving their jobs. We are in a period of serious economic difficulty, when many who want work cannot find it.
There are unemployment benefits available to help tide over many of the jobless. But those benefits are not extended to all – and they don’t last forever.