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When do you think the job market will improve?
November 15th, 2011
05:00 PM ET

When do you think the job market will improve?

FROM CNN's Jack Cafferty:

More bleak news on the job front: A new Gallup poll shows a whopping 90% of Americans say now is a bad time to find a quality job. That's up from less than 50% before the recession in January 2007.

Only 8% think now is a good time to find a quality job. Gallup says these perceptions of the job market are the worst in a decade.

Younger Americans are slightly more optimistic about finding quality jobs while older people and those with postgraduate education are more pessimistic.

The key word here is "quality" jobs, and it might represent a bigger story than the actual unemployment numbers. A lack of quality jobs reduces people's current earnings as well as their future earnings since they're not getting the right experience.

Companies sometimes complain that they can't find employees with the right skills. Part of this is due to education, but the other part is that Americans aren't getting "quality" jobs where they can learn those skills.

Meanwhile, the national unemployment rate dropped to 9% in October. The good news is that's the lowest it's been since April. Also, jobless claims fell again last week.

The bad news: More than two years after the recession officially ended, only a quarter of the 8.8 million lost jobs have been recovered.

Last month alone, nearly 14 million Americans remained unemployed, and 42% of them have been out of work for more than six months.

Here's my question to you: When do you think the job market will improve?

Interested to know which ones made it on air?

Cal in California:

We only have to look back at history to answer this. The trend of every previous recession is that each has taken longer to recover than the one before it. The middle class jobs are always the last thing to come back. If past trending holds true, we won't see a true job recovery until 2013.

Brad in Portland, Oregon:
Unfortunately, I don't think the job market will improve substantially. I think this is the new normal. Outsourcing/globalization has wiped out a lot of jobs in the U.S. for good, corporations will do the work wherever it's cheapest, and we just can't compete with dollar-a-day Third World wages.

Richard in Canfield, Ohio:
Thing are slowly improving in North Eastern Ohio. Youngstown-Girard-Warren are anticipating growth from a new steel mill and from drilling for natural gas. The spin-off jobs from these will also create jobs within 1 to 1.5 years.

Raj in Toronto:
As soon as the government gets out of the way. Every time the Federal Reserve chairman, the president and Congress make a statement, the market crashes. I suggest that they let free markets work, no more corporatism, and much more Ron Paul.

Larry in Boston:
When companies see some consistency from Washington, D.C. and some leadership to address the spiraling deficit spending, we will see jobs return. When citizens see their elected leaders dealing with problems on a shared basis, we will see jobs return. When we have term limits in Congress and publicly financed elections, we will see jobs return.

Lou:
The job market will return when the politicians and the media quit scaring everyone into believing the sky is falling. It's all a cycle: People are scared so they quit buying, which accounts for the largest chunk of our economy. Less buying scares businesses so they quit hiring. To break out of the cycle, we need some long periods of good reports...and they're out there. We're all getting tired of the constant gloom and doom.

Posted by
Filed under: Economy
soundoff (263 Responses)
  1. Jack

    The day after Obama is booted out of the white house

    November 15, 2011 at 12:55 pm |
  2. Annie, Atlanta

    When our wages are competitive with China and India. Seems to me corporate America is working very hard toward that end, with a big heaping help from their wholly owned politicians, Dems and Republicans alike.

    November 15, 2011 at 1:02 pm |
  3. Brooke Berger, Lillian, AL

    Not for years. Those who are fortunate enough to be employed are happy to work harder and longer in order to keep their jobs...and employers know that, so why should they risk investing in additional employees? Major corporations are reporting sky high profits and semi skilled jobs are leaving the US.

    November 15, 2011 at 1:02 pm |
  4. Kim M Hunter ( Mr.)

    Jack, as Warren Buffet said at the onset of this furious discharge on our economy, this will go on for at least another twenty years! And nothing is sure that anything will improve then! The true unemployment numbers are at least 16.2 percent to 17 percent. That includes the under- employed and the unemployed. Why does not our President and our congress tell us the truth? That is arrogant and full of canards. We are all big boys and girls and we can take it. But perhaps the answer is that YOU, Mr. President, cannot take it?

    November 15, 2011 at 1:07 pm |
  5. Gary H. Boyd

    FEBRUARY 29th, 2021.

    Gary in Scottsdale, Arizona

    November 15, 2011 at 1:18 pm |
  6. Summer from California

    The jobs will return to America when the government wakes up and gets out of the driver's seat. Every government controlled entity (VA, national parks, Post Office) is a mess, thus plenty of examples as to why government has no place as "job creator".

    November 15, 2011 at 1:20 pm |
  7. lou

    The job market will return when the politicians and the media quit scaring everyone into believing the sky is falling. It's all a cycle: People are scared so they quit buying, which accounts for the largest chunk of our economy. Less buying scares businesses so they quit hiring. To break out of the cycle, we need some long periods of good reports...and they're out there. We're all getting tired of the constant gloom and doom.

    November 15, 2011 at 1:25 pm |
  8. David R Bebeau,Springfield Missouri

    When government gets out of the way,gets out of this nanny state mind set,gets out of our daily lives and lets our
    great American people do what they have always done Jack
    Rise above it all and create new ideas and jobs
    David

    November 15, 2011 at 1:25 pm |
  9. James in Springfield, VA

    The job market will only improve when the Republicans stop screwing around with their pledge for no new taxes. It is time to roll back to the Clinton era when he raised taxes and federal spending still went down. Just look it up....the chart will show that federal spending was at 19.8 while taxes were 19.0

    November 15, 2011 at 1:26 pm |
  10. David in Tampa

    When we either get rid of the current two parties screwing things up, or when Hell Freezes Over, or both. Maybe if our lords and masters begin to grasp their peril they will do something constructive for a change, but I kinda doubt it.

    November 15, 2011 at 1:30 pm |
  11. Ed Scheiner New Freedom Pa

    Give the question to the Super Committee!! Maybe thay can decide to decide not to address! Much of what they need to address is not going to be compromised. Therefore JOBS are not on the agenda for the near future. After all the unemployed public needs to re-elect (give back) the Incumbents beofore they MAY return the favor. Quid Pro Quo. More for me Politicians.

    November 15, 2011 at 1:34 pm |
  12. Mel - Houston

    As soon as someone in the US Government explains to the corporations that cheap foreign worker will no longer be a source of easy profits and free trade will only exist until our imports match our exports to a foreign country. After that normal tariff should be applied. Free trade works if the import/export ratio is equal. Given our huge trade imbalance with China, South Korea, Indonesia and India the US becomes the loser in the policy. As long a corporations refuse to use the American work force we will continue to have high unemployment.

    November 15, 2011 at 1:38 pm |
  13. bonnie from NJ

    That depends on what type of jobs you mean. if you mean $8 – $10 an hour service jobs, they will probably keep slowly improving. If you mean real jobs that middle class Americans can earn a living wage, I doubt they will ever return. Until the government does something about letting corporations ship all jobs overseas so that the top people can collect billions in profits, we will not see those jobs. And since those top people are all of our senators and respresentatives best friends and money supporters, well you know.

    November 15, 2011 at 1:39 pm |
  14. Jk from Minnesota

    I think it's going to take tax incentives that bring manfufacturing jobs back to this country.

    November 15, 2011 at 1:47 pm |
  15. Noel Sivertson Roswell New Mexico.

    I don't think it will ever improve.

    The middle class folks who are still working have been condition to work extra hours, extra days, give up vacation time, and accept lower wages and fewer benefits as a condition of employment.

    The congressional-industrial complex has become the driving force of the economy and the Occupy Movement is little more than an annoyance.

    November 15, 2011 at 1:47 pm |
  16. JD in NH

    The job market will improve when our trade agreements are renegotiated and there is a serious penalty levied against companies that outsource jobs.

    November 15, 2011 at 1:49 pm |
  17. Pete in Georgia

    When ??
    November 7, 2012, the day after the presidential election.
    When the corporate -business community sees the overwhelming results of the election of a conservative Republican president then sanity and confidence will once again be restored to the free enterprise system allowing America to get back to business.........................and back to work........................not socialist government handouts.
    November 7, 2012.

    November 15, 2011 at 1:54 pm |
  18. Bizz, Quarryville Pennsylvania

    I think it will improve when the housing market levels out. When banks start lending money again instead of setting on it. But most of all when Congress decides to start doing something instead of playing politics.

    November 15, 2011 at 1:55 pm |
  19. Russ in PA

    When the government gets out of the business of trying to manage the economy, stops the "cartelization" of America, and lets the free market reign. Of course, the spending must stop as well. But who really believes that the majority of politicians and central bankers will want to give up their elite status and power?

    Ron Paul in 2012...

    November 15, 2011 at 2:00 pm |
  20. Paul From Austin Texas

    When pigs fly again. Oh thats right they never have and the job market will only get worse as each day goes by.

    November 15, 2011 at 2:05 pm |
  21. Ken in Victoria BC

    Good question and many throughout not only the USA want to know but so does the population of too many countries. May I state that improvement will come when the 1% finally support the 99%.

    November 15, 2011 at 2:05 pm |
  22. Ann from Charleston SC

    When businesses let go of all that cash they are hanging onto and start hiring. My suspicion is that this will happen if and/or when Republicans are back in office.

    November 15, 2011 at 2:06 pm |
  23. Linus McKinney, Texas

    Wow Jack. That is a tall order to predict. Many things in America will have to change before the job market will improve. Government regulations will have to be relaxed. Companies will have to be stimulated by perks and promises from our government if they are willing to hire and expand businesses here in America. Our government will have to take the lead and then hope that businesses follow them. In the same token those same businesses will have to have guarantees in order to invest in America when they can produce products outside of America at a cheaper cost and less restrictions and taxation. It has to become more beneficial for businesses to make products and sell them in America then abroad. It will take politicians with fiscal responsibility, spines and guts to come up with legislation to do all this and right now that simply does not exist in Washington.

    November 15, 2011 at 2:09 pm |
  24. Pete from Milton

    Gee, Jack, haven't you been paying attention to the Republicans? The job market will improve as soon as we end ALL taxes on businesses and the wealthy. Oh, and maybe when the Red states stop laying off firefighters, policemen, teachers, trash collectors, and every other union-related job they can think of.

    November 15, 2011 at 2:10 pm |
  25. Brad, Portland, OR

    Unfortunately, I don't think the job market will improve substantially.

    I think this is the new normal.

    Outsourcing/globalization has wiped out a lot of jobs in the US for good; corporations will do the work wherever it's cheapest, and we just can't compete with dollar-a-day Third World wages.

    November 15, 2011 at 2:11 pm |
  26. Jason

    One day. Probably after the election next year.

    November 15, 2011 at 2:12 pm |
  27. Raj, Toronto

    As soon as the government gets out of the way. Every time the Federal Reserve Chairman, the President and Congress make a statement, the market crashes. I suggest that they let free markets work, no more corporatism, and much more Ron Paul.

    November 15, 2011 at 2:14 pm |
  28. Conor in Chicago

    The job market will start improve a year or two after the end of the Third World War, sometime in 2018...

    November 15, 2011 at 2:14 pm |
  29. Burt in Az

    I don't see the job improving much until if and when the government does something to bring back all the jobs and bussinesses that have been outsourced out of the country along with the ones that will be going out in the future.

    November 15, 2011 at 2:18 pm |
  30. Kenneth in California

    There is no future job market, the one we had was sent out of the country. Given that, no one has a clue to what new jobs can be created. Has any one told you Jack? The jobs some think they can create, will be done elsewhere given the love of outsourcing. The jobs the President proposes can only be done here, but those who oppose them, hate him, and diminish the middle class of this sinking country.
    Who is killing off the oft mentioned, "Greatest country in the World"?

    November 15, 2011 at 2:28 pm |
  31. Michael "C" Lorton, Virginia

    Jack: I wish I knew--I thank God I still have a job--and the economical difficulties facing this nation and the American people---and the fact that we have a "do nothing Congress and Administration,"--–I can say with confidence--that it will not be in my lifetime--

    November 15, 2011 at 2:30 pm |
  32. Kirk (Apple Valley)

    Probably when the "job creators" get their taxes cut to zero. Oh wait! They already are!

    November 15, 2011 at 2:33 pm |
  33. Bob from Bellmore, New York

    Either when hell freezes over or when politicians stop playing games and start working together for the improvement of the economy and the country. I'll put my money on hell freezing over.

    November 15, 2011 at 2:39 pm |
  34. Cy Gardner

    If the GOP can't keep enough young, old, black or Latino people away from the polls in the next election, a democratic government will start rebuilding the country's infrastructure. The greedy monsters who bankroll the Republicans may realize that the game is up and they can't hold onto our money forever while their corporate prostitutes destroy functional government so that they don't have to pay taxes or obey laws. cy from arlington, va.

    November 15, 2011 at 2:49 pm |
  35. Lori - PA

    Jack,

    I don't see things getting better before 2014. It's a shame because who knows how many more people will loose their homes before things do get better. It's a shame because more and more college graduates won't be able to pay back their student loans. It's a shame because we have a Republican Congress that is more interested in making sure Obama is a one-term President than they are in helping those that voted them into office.

    November 15, 2011 at 2:52 pm |
  36. Steve,NY

    The job market will improve when a good qualified Republican President takes over the white house along with a Republican Senate. The problem is that the American people get duped and vote for an unqualified canidate. A good example shows Cain leading the polls. You got to be kidding, he's no more qualified than the man on the moon. Yet people keep on voting for loosers; Carter, Obama and now Cain. You have a guy like Romney that has all the qualifications, yet people get duped by the Democrats and the liberal press and get turned off by Romney. The Democrats are afraid of Romney, that's why they push/glorify the loosers. it looks like we will get stuck with Obama another four years because the voters can't see through the smoke. Simple logic, most of us had good jobs under the Repulican administration. Clinton was an exception because he was the best Democratic Republican President we had. He was controlled by the Republican Congress and gave in to them.
    Obama needs to make note of that.

    November 15, 2011 at 2:57 pm |
  37. Cal in CA

    We only have to look back at history to answer this. The trend of every previous recession is that each has taken longer to recover than the one before it. The middle-class jobs are always the last thing to come back. If past trending holds true, we won't see a true job recovery until 2013.

    November 15, 2011 at 2:59 pm |
  38. Stella-Northern New York

    Hello Jack. I don't believe the job market will improve at all in any meaningful way. Perhaps in the next year 100k to 500k jobs MAY be created. Some temporary and some permanent (and I'm being generous) which amounts to zero jobs in my book . Put that up against the millions we've shipped out of this Country over the last decade (unfair trade agreements and globalization) and add a few million more getting ready to leave (3 more unfair trade agreements recently signed)and that will leave the good old USA American worker flushed down the toilet again. It doesn't matter what party is in the White House or what party controls Congress. They are ALL bought and paid for by big business,too big to fail banks and wall street. Our Reps in Washington will promise us the moon and stars and jobs rolling over the entire country to get re-elected. You and I know none of it will happen. The excuses why the jobs did not roll over the country and whose fault it is (after they have been re-elected) have already been written by each party. So where are we folks? Are we already there? When all three branches of Government are corrupt and no longer represent the people they are elected to serve what must WE the people do? ARE WE TO PERISH??? You,me,our children and grandchildren. I don't know about you but I'm not going DOWN fighting....THEY ARE.

    November 15, 2011 at 2:59 pm |
  39. Mycroft Lake Travis Texas

    Well Jack, If my calculations are correct, jobs will start opening up November 5, 2012 no matter who wins on the fourth. If the Dems win back the majority of the House, gain more seats in the Senate and President Obama wins another term, they will undoubtedly have the votes necessary to pass meaningful jobs legislation. If the GOP wins they will have accomplished their mission to make President Obama a one term President and they will finally give the OK to their corporate political backers to finally start hiring again. The difference is under Democratic leadership, a better good will be achieved for more people. Under Republican leadership victory will mean lower paying jobs for less people,more white collar crime and more corporate greed, meaning even a greater divide between the 99% and 1%. What annihilates reason is why any of the 99% would vote Republican, but they do and I suppose it's because of Rush Limbaugh,Glen Beck, Rupert Murdoch, the Koch Bro's and FOX news, have been able brainwash the weak minded of the electorate, from common sense to nonsense. Oh by the way Jack, since I make more sense then most of CNN political commentary guests , how about giving me a shot and get me on the show. I could use a nice paying job just to get a taste of what it's like to live above the poverty line. Seriously !

    November 15, 2011 at 3:02 pm |
  40. Jenna Roseville CA

    When we can get a super majority for the Democrats in the House and Senate so that we can get the real work done that the GOP has tried to block putting their party before AMERICANS.

    Jenna
    Roseville CA

    November 15, 2011 at 3:03 pm |
  41. Kim , Dodge City, Kansas

    The job market will never improve. Decades of de-regulation, the State Department dictating trade policies, and a failure to repeal NAFTA, insures that we will live in perpetual decline till we collapse. We are becoming a nation of burger flippers and Wal-Mart slaves, and with no purchasing power left we won't need jobs either. Serfdom will be a reality in future generations.

    November 15, 2011 at 3:05 pm |
  42. Greg in Arkansas

    In my field of aviation, jobs have "recovered" ...however, the pay and benefit scale has dropped by 30%. I am doing the same job as I did before I was laid-off in 2009, only for less...
    Good middle class aviation jobs used to pay 3 to 5 times the minimum wage, now it is barely 2 to 3 times minimum wage.
    I suspect that other industries are seeing the same "race to the bottom" when it comes to companies complaining they "can't find employees with the right skills".....if only they were to add "willing to work for LESS" would explain "the rest of the story"......

    November 15, 2011 at 3:06 pm |
  43. Rick, Medina, OH

    Jack,

    The 'job pool' is so large that companies can 'over-hire' and 'under-employ' in huge numbers ... escaping benefits' costs. It's to the point that the 'unemployment' statistics are now suspect!

    Rick,
    Medina,OH

    November 15, 2011 at 3:15 pm |
  44. Loren

    Actually, I've seen some improvement in the market recently, but I suspect that it is a reflection of pre-election pumping and not structural improvement. As to when things will really get better, well, a new President might help.

    November 15, 2011 at 3:16 pm |
  45. Ed from California

    As soon as we can get Campaign finance reform in D.C. Where are our jobs of less then fifteen years ago? In Mexico, India, Malaysia, Communist China, Brazil...anywhere where cheap labor can be found, that's where. Our politicians are bought. Our corporations are crooks. And we as a group are the Lambs, being led to the slaughter. Mr. Boehner, "Where are the jobs"? Answer....They lie with all the Lobbyists that you, and all of your colleagues(especially, the Supreme Court) are in bed with, that's where. Get all the money out of politics!

    November 15, 2011 at 3:23 pm |
  46. Dan in Albuquerque

    It will happen only when Congress approves a true compromise designed to raise revenue as well as big cuts in spending. Only then will the business climate result in growth and jobs, Another priority should be to pass President Obama's jobs bill to get people back to work in improving our crmbling infrastructure.

    November 15, 2011 at 3:25 pm |
  47. Mitoosense Fort Lauderdale, Florida

    Almost everthing claimed about jobs today is false. Starting with the unemployment numbers published at 9%. This is a real number that reflects those eligible for unemployment benefits and shares nothing with people unemployed.The real number is as unknown as illegal criminal invaders free ranging on American soil. Blaming those out of work as unqualified is equally irrelevant when considering the jobs explosions in uneducated China. Those who claim they cannot find qualified people to hire are an enigma. Either "they" don't exist or theses are the people who want to pay $7.00 per hour to maintain their profit margins as first priority. Until we address the truth we will continue to be complacent imaginary status. Blaming the poor for being poor as MF Global, Fannie Mae and Freeby Mac steal trillions.
    Good news is Deer and Turkey populations are highest in a long time. Fishing is good if you got gas. Corn still grows if you plant any. Bake your own bread it's better and half the cost.

    November 15, 2011 at 3:28 pm |
  48. Richard35 Canfield, Ohio

    Thing are slowly improving in North Eastern Ohio. Youngstown-Girard-Warren are anticipating growth from a new steel mill and from drilling for Natural Gas. The spin off jobs from these will also create jobs within 1-1.5 yrs.

    November 15, 2011 at 3:29 pm |
  49. John from Alabama

    Jack: I believe there will be a slow improvement this year. I hope by this time in 2012 we will have an 8.2% rate of unemployment. I do think we should give business and Industry some incentatives to spend some of the 2.2 trillion dollars on hiring new people, and calling those laid off back to work. We have an excellent time in history to move forward in the energy field by producing more total electric cars, and more efficient appliances for our homes. We have to be bold and take chances, if we are to have a better future.

    November 15, 2011 at 3:34 pm |
  50. Michael Bindner, Alexandria, VA

    I had an interview today and it looks like I will get the position, so for me its great. If pre-Black Friday sales start bringing in foot traffic and revenue, the job market will improve, at least seasonally. Given the amount of deficit spending currently in the system, the job market must improve. If QE3 really means more modification for Fed-purchased mortgage backed securities, the affected homeowners will be able to sell and buy bigger homes up and down the housing market, also creating jobs and leading the Fed to want to expand the program. Happy Days are hear again, Jack.

    November 15, 2011 at 3:34 pm |
  51. Doug Ericson

    Congress needs to make it illegal again, for Banks and Wall Street Investment Firms to sell Pooled Mortgage securities. Untill that happens, the economy is going to keep going south. We will not hit bottom untill Housing prices go back to 1960's levels. Just divide the average selling price of a house in your neighborhood by 100. Doug, Pepperell, MA.

    November 15, 2011 at 3:39 pm |
  52. bob z.

    when obama is not pres.

    November 15, 2011 at 3:39 pm |
  53. Thom Richer

    Jack,
    It is unlikely that it will improve for many years to come. Reasons being employers, big and small, expect workers to work for low non liveable wages, no retirement or health benefits, no workers rights, busted unions, a Congress in the pockets of big business and only McDonald's type jobs available. Not to mention, the wars (hopefully) will be ending soon and tens of thousands of unemployed military will be added to the already dismal non-work force. So, even if employers hire the vets the numbers will not lessen. With a failed government comes a failed economy. This is a failed government and with no respect for the working man it will not soon see a recovery. Best not to hold your breath, Jack.

    Thom Richer
    Negaunee, MI

    November 15, 2011 at 3:40 pm |
  54. ken, atlantic city, nj

    It will never improve because the jobs are gone forever thanks thanks to our democratic and republican politicians who have been bought off by the big corporations. The jobs have been outsourced to mexico, india, and china. The jobs that are left here are being given to the 12 milllion illegals and 1 million more to legal A-1 and student visas. We are all toast except for the greedy 1% thanks to obama and congress. Extended unemployment benefits and stimulus money for patching pot holes is not the answer. Vote them all out or shut up.

    November 15, 2011 at 3:43 pm |
  55. Dennis north carolina

    the job market will not improve until the year2013. big business is playing the political game hoping that the republicans will have a big win in the election is. weather this happens or not they will have to create jobs or the country will fold. we can not rely on small businesses to open and hire people to cure the economy which is a farce created by big business and the republican party to cover up big business picking up and leaving this country for cheap labor and many other reasons. small businesses come and go but it doesn't effect the economy but let a big bank fail or a major car company fail our economy fails and unemployment make major jumps or causes a recession.

    November 15, 2011 at 3:44 pm |
  56. Bill of New Mexico

    Greece and Italy are probably going to delay the next job expansion significantly (years.)

    But, if Greece and Italy do not, 2012 could see a job growth longer than a year.

    Unfortunately, it will be a weak job expansion.

    And, the next recession will be as bad this recession and several years long.

    November 15, 2011 at 3:53 pm |
  57. Rex in Portland, Oregon

    If we redefine "quality jobs" to include Perry's Taco Bell positions the rebound will start on Oct. 12, 2015. If we wait for what we all know as quality jobs, the era is over, Jack. All factory jobs have moved to China or India, all customer service jobs have moved to Indonesia and Pakistan, all technical jobs have moved to Japan, and all management jobs have been downgraded to menial labor positions in Ireland and Italy. Only CEOs are left in the USA – that and honey bucket emptiers. All gone, Jack, never to return – not even after the revolution.

    That is unless we elect Bachmann and bring back $2/gal. gasoline.
    '

    November 15, 2011 at 3:55 pm |
  58. Tom Bulger, East Millinocket, Maine

    It is improving all the while, but that is more obvious to the people getting the jobs than it is to the general public.

    November 15, 2011 at 3:56 pm |
  59. David of Alexandria VA

    It is improving, but not very quickly. The "quality" jobs will follow real expansion of the economy through the reduction of uncertainty regarding taxation, debt and energy policies. At that point, innovation will feel more liberated to kick in. In other words, when Obama stops trying to fix everything with another bum check and the Congress replaces the anathemetic word "compromise" with the remember-who-you're-working-for words "collaboration." and "consensus."

    November 15, 2011 at 4:07 pm |
  60. Terry Wells -Hoosier Hillbilly-Greensburg,IN

    I don't know that it will-ever! isn't that scary? "WE" keep sending jobs out of the country, our population is growing, soilders are coming home ( for a few days anyhow), gov and the rich are living fine and doing well, most development money is going overseas, "WE" haven't got alot to 'barter' with. Ask WalMart what we should do? You can see what they've done; maybe we should follow suit?

    November 15, 2011 at 4:08 pm |
  61. IceT

    When US consumers start to realize that they need to support their own US jobs by buying US made goods.

    November 15, 2011 at 4:13 pm |
  62. IceT

    When US consumers start buying US made goods ... that's when.

    November 15, 2011 at 4:15 pm |
  63. grassy knoll

    This country is in a downward spiral Im afraid it cant get out. I think America has seen its best days.

    November 15, 2011 at 4:16 pm |
  64. KDS In PA

    When we ship all the Republicans to Somalia country with about the level of functioning government they appear to prefer.

    November 15, 2011 at 4:16 pm |
  65. Roy Birdzell

    When we change and adapt to the new realities of competing in the worlds global economy. The US cannot have the highest Corporate tax in the industrial world, we cannot have the world’s highest salaries, we cannot give out the world’s costliest benefits, we cannot smother our business enterprises with the world’s most onerous regulatory mandates, and still compete globally.
    Roy, Florida

    November 15, 2011 at 4:17 pm |
  66. Mike M. Scappoose, OR

    when we stop buying all of our goods from China and bring our jobs home! Or when we are all willing to work for minimum wages...

    November 15, 2011 at 4:18 pm |
  67. Jeff In Minnesota

    Has hell frozen over yet Jack? Given the depth and the changes going on, I am afraid to say that it will probably be quite a while before we recover.

    November 15, 2011 at 4:19 pm |
  68. Tom Topolski

    When we elect Ron Paul

    November 15, 2011 at 4:20 pm |
  69. John

    When Republicans decide to work for the country

    November 15, 2011 at 4:20 pm |
  70. Marc

    after gas prices come down to a reasonable rate. Which means probably not for a long time.

    November 15, 2011 at 4:21 pm |
  71. Richard

    Jack, you are asking the wrong people. You have to ask the Republicans. They and George Bush created this fiasco and Obama is suffering the consequences. The Republicans have fought him in every area, its not as if he hasn't tried to compromise. Actually, he has given them too much already. The Republicans have no problem in tanking the economy, when journalists like yourself does not get the true facts out every day, day in and day out. The American people who are not too quick on the uptake don't get the problem the Republicans have created and continue to perpetuate. We will see in the next election. Do we want to have the rich keep running our country or are we going to take it back?

    November 15, 2011 at 4:22 pm |
  72. L. Narug

    When American companies that send jobs offshore are penalized and considered traitors. Obviously corporations need to show a profit for their stockholders, but at what price should they hold the job market captive? They get all the blood out of fewer workers, making a hefty profit and have absolutely no need to hire more people.

    November 15, 2011 at 4:23 pm |
  73. George Black

    Jack, have you noticed that these right wingers are blaming Mr. Obama for absolutely everything? They act as if he is the problem, and that all they have to do is get rid of him and the streets will be paved with gold. They have no solutions except to attack with the most simplistic rhetoric. They bark about creating jobs, they rule congress so where are the jobs? What's stopping them? Incompetence at it's best so blame it on someone else, ah the GOP way.

    November 15, 2011 at 4:24 pm |
  74. Dean

    When do you think the job market will improve?
    When things people spend money for are made in America.

    November 15, 2011 at 4:25 pm |
  75. Gigi Oregon

    As soon as Corporate America and our Government leaders find their soul which they sold to the devil for the almighty dollar. But I don't expect that anytime soon. It's not easy to bring back your moral compass once you abuse it or completely lose it..

    November 15, 2011 at 4:26 pm |
  76. Dee in New Paris OHIO

    Here's my two best guesses. One, after the revolution. And two, when hell freezes over! (that's when the 1% will no longer be able to control the 99%)

    November 15, 2011 at 4:26 pm |
  77. Sandstone.

    "The job market can't improve! If, I say if, the older end retire early and give the young a change, then maybe their young brains can make some order; out of all the dis-order? "You import more goods in north america than you have ever done! How do I know?? I told you last time, the Thrift Stores says it all with all those foreign labels on the goods!"

    November 15, 2011 at 4:27 pm |
  78. michael vanyo

    the job market will only improve when corporations have incenitives to keep them here.

    November 15, 2011 at 4:28 pm |
  79. mike

    As long as the republicans keep saying no to anything to do with creating jobs than never would be the answer. I'm over 50 years old and I have never seen a party that loves death including the death of America as much as the republicans do. Hell can be described as the Grand Ol Place for republicans.

    November 15, 2011 at 4:28 pm |
  80. kapinatl

    It will drastically improve when all those opposed to the jobs bill put forth by President Obama is accepted by the GOP. Until the agenda changes from "making him a one term president" to thinking about those you have sworn to serve and uphold, then we are toast.

    November 15, 2011 at 4:30 pm |
  81. JR White Bear Lake MN.

    Shortly after next years elections the job market will get better. Either Obama will be out and the wealthy job creators will start hiring. Or Obama is reeleacted and the wealthy job creators will start hiring. They won't do anything Obama could take any credit for before then... Very sad.

    November 15, 2011 at 4:30 pm |
  82. Terry in Virginia

    That depends upon which election tosses out the most incumbents - 2012 or 2016.

    November 15, 2011 at 4:31 pm |
  83. Roger, Bend, OR

    When we figure out what jobs we need. What needs to be done? When we have a plan and a vision for the future. All we have now is chaotic thought. No big ideas, just fears of the s word, socialism. Grow up America end enter the 21st century.

    November 15, 2011 at 4:31 pm |
  84. AL in West Palm Beach

    The job market will improve the day that Americans stop acting like cattle and think for themselves. We want everything, and we want it now. Your generation Jack started this, but now we want it from our cribbs, it's too hard to crawl on the floor and reach for it.

    So we elected people who sold their backbone for re-election money. Now all we have is the bag and spineless bunch of cry babies for leaders. Where is an FDR, a Truman when you need one.

    November 15, 2011 at 4:31 pm |
  85. Cliff Glass - Rego Park, New York

    Jack,

    The job market decline began in 1980 under President Reagan, when tax cuts for the most fortunate Americans were priotirized over investments in infrastructure, education and job training. Aside from perhaps a few bursts in economic actiivity that might temporarily improve unemployment, unless all Americans decide to sacrifice for each other, we have no future.

    November 15, 2011 at 4:32 pm |
  86. Tina from Baltimore

    When the President's
    entire Job bill is passed!
    Congress stop saying NO!
    Work with OUR President!

    November 15, 2011 at 4:32 pm |
  87. Larry Boston MA

    When companies see some consistency from Washington DC and some leadership to address the spiraling deficit spending, we will see jobs return.

    When citizens see their elected leaders dealing with problems on a shared basis, we will see jobs return.

    When we have term limits in Congress and publicly financed elections, we will see jobs return.

    November 15, 2011 at 4:32 pm |
  88. Kevin, MI

    Jack, the country will get better, there is no reason for everyone to run for the hills... People are slowly putting more money back into the economy and it will eventually get better for people to find jobs, when demand for domestic goods comes back. If the government turns the heat up on those who are struggling the most to pay for necessities, I dont think demand will come back and this downturn will take much longer that any of us can fathom.

    November 15, 2011 at 4:32 pm |
  89. Bryan Colorado Springs, CO

    Really, If the private sector and the Feds don't even know how to create jobs , how can we realistically predict when jobs will come back. Remember the only way you can say your a job creator is if you create jobs. So if jobs are not being created then common sense tells me we have no job creators. Also if the private sector says they don't need the federal goverments in order to help them to create jobs, then why are they so bent on asking the federal goverment to help them with more tax relief to create jobs?

    November 15, 2011 at 4:33 pm |
  90. Jimmy from Canada

    When 99% will wake up and take control of their country. It is beyond understanding how republicans are willing to destroy America just to defeat Obama.

    November 15, 2011 at 4:33 pm |
  91. Indiana Bill

    The job market will improve once both political parties see an advantage to working for its improvement. The GOP sees a big political advantage in keeping Americans out of work and have been very successful in pushing this agenda. Notice how eager they are to fire teachers, police and fire fighters? The Right wants the job market as bad as possible till at least the 2012 election.

    November 15, 2011 at 4:33 pm |
  92. Jeff Williams

    Jack,
    I belive that, as with any problem, the solution will start with the honest and fortcomming access to the real information. Continually all the "data" is about what the unemployment rate is this month compared to last month or another benchmark. Comments like yours on the actual number of people STILL without jobs is the start of the solution process. As the election comes closer all the talk will be about the Jobless RATE, not the actual problem of "How many of those who were let go have reclaimed a job." And I would hazard a wager that there will not be any talk of how many acutal jobs have been created for those people.

    Without a job to supply income for my family I can assure you we would not be purchasing anything but the bare necessities. We also would not be able to put our children into college, therby taking their ability for a quality job away. This is what will either sink or save our nation because without this basic ability to create income nothing else will be possible. I am thankful daily for my and my wife's good fortune to have stable jobs. I pray for those without and criticize anyone who thinks these people are not worth mentioning.
    Milwaukee, WI

    November 15, 2011 at 4:33 pm |
  93. Bill, Bloomington Il

    Jack, only after Obama is out of office. He didnt learn from his 2009 jobs bill that he cannot spend his was into economic recovery. We need long term jobs not three month jobs that run out when the federal money runs out.

    November 15, 2011 at 4:33 pm |
  94. john/kc

    Jobs will return when we quit allowing multinational corporations to ship jobs off shore, make the same products with slave wages, and import those same products back to the USA with no import duties. If you sell it here, make it here! That will also take care of the deficit and social programs.

    November 15, 2011 at 4:33 pm |
  95. Dave, Orlando, FL

    Using the qualifier, “quality” jobs, the answer is when multinationals and other large corporations stop outsourcing jobs and begin to bring them back home. When we start to make things here instead of China, Indonesia, Mexico and other places where labor can be exploited for slave wages. Instead of bailing out crooks on Wall Street and fools running auto companies, we should have bailed out the American worker. If we gave those 2-3 trillion dollars to American citizens (and I don’t mean the corporate kind), if we ended the multiple wars, and if we secured our borders, we would be out of this mess by now. Now we have to rely on banks and other major financial interests do the right thing, and that means never. Until then, the only jobs Americans will bew able to get is one where you have to spend the day asking people, "You want fries with that?"

    November 15, 2011 at 4:34 pm |
  96. Donaldo in ATL

    Jack: Let me explain something which I learned thru an interview last week. Technology has taken jobs in record numbers and is moving faster than our ability to create new industries. The true reason for job losses is technology....no one talks about this....we need our business leaders to invest in new ventures..that is unlikely given the present political climate...so the new reality is going to be 15-10% unemployed....into the future as far as you can see. not a pretty sight. Thinking our politic leaders can do anything is foolishness, if they could, they would have by now.

    November 15, 2011 at 4:34 pm |
  97. rizzo

    When there are a lot less people in the country? I said for a decade that having 5% unemployment in a country with 300 million residents is unrealistic. Now that corporations can outsource most kinds of repetitive manual labor to US 'protectorates'(thank you Jack Abrimoff!) or Asian countries and take advantage of what is basically slave labor, why would they hire an American that wants a decent wage for a decent days work? The day is quickly approaching where you're either rich or you slave and grovel for the rich so you can keep a job, even if it only pays enough for you to get to work and back every day.

    November 15, 2011 at 4:36 pm |
  98. Dale in MA

    When the greedy corporate backed republicans stop trying to ruin an administration that works 10000% better than their previous morons. The corporations want total control of the economy and resent any logical, progressive, moral limitation on their political purchasing power. Term limits must be added to the constitution to eliminate these professional politicians. Additional constitutional effort should also be made to insure that legislation these idiots pass applied to everyone and doesn't exclude congress or only apply to congress.

    November 15, 2011 at 4:36 pm |
  99. rmcd

    When politicians stop reducing complex problems into oversimplified soundbites. When we stop asking them to. When CEO's and other top executives stop treating corporate profit as their own personal piggy banks at the expense of ethics and sound business practices. When our educational system actually teaches critical thinking and problem-solving instead of teaching to tests that are artificial and arbitrary in their measurements. When we all stop acting like sheep and begin holding our elected officials, corporate leaders, and educators to some real standards. Take your pick, Jack.

    November 15, 2011 at 4:36 pm |
  100. NYC REPUB

    In the next 3 yrs. hopefully w/ Obama still as President!!!!!

    November 15, 2011 at 4:37 pm |
  101. Mike

    The job market should improve when graduates start getting degrees for jobs that are needed. For the workers that do not have the newer skills the job market will not be improving. This ecenomy does not need the old grit manufacturing jobs anymore. And Data Entry is not a career deserving of much. Robots and machines can do most of both. Technology, Engineering, Science and Nursing..

    November 15, 2011 at 4:37 pm |
  102. Tom Arndt

    The job market will improve when we all move to China.

    November 15, 2011 at 4:38 pm |
  103. MartyGRMI

    It won't until we start limiting the effects of globalization.

    November 15, 2011 at 4:38 pm |
  104. NateFromIndiana

    Sadly there might not be any end in sight to this slump because, regardless of what ideologues claim, the reason why so many jobs have been shipped off-shore is not because taxes in the US are too high but rather that wages in developing nations are so low. America will never attain parity in that corporate spreadsheet line item until the US economy has been reduced to rubble.

    November 15, 2011 at 4:39 pm |
  105. BK

    This isnt true for me at all in my field of corporate finance. Companies basically stopped hiring college grads a few years back.. ordinarily they would be learning more advanced analytical and technical skills in the workplace that you will never learn in a classroom, but as people retire, move up etc, there is now a short supply of proven technical financial types. Companies are going to have to start hiring to refuel on this type of talent. I receive several emails or calls a week for these position. Glad to report I just took one! You really cannot go wrong with a combine background in Accounting/Finance and IT.

    November 15, 2011 at 4:39 pm |
  106. chris

    either when Obama wakes up and stops playing to liberal special interests, or he's out of office.

    November 15, 2011 at 4:41 pm |
  107. Em

    When we stop exporting jobs while importing workers.

    November 15, 2011 at 4:41 pm |
  108. Randy

    When we institute public financing of elections and end ALL trade deals immediately. Until then we will keep hearing nonsense from the bought off media and lying politicians about austerity, tax cuts, job creators, and how good globalization is for us.

    November 15, 2011 at 4:42 pm |
  109. CalgarySandy

    It will never improve because the ultra wealthy will not invest in their own country. They need to make sure they have enough money to live in opulence for 1,000 years. If there is not enough government money from taxes to help people get on their feet again and get the educations they need to work in this non-industrial America there will be no recovery. What is left to recover? Industrial jobs are gone and won't come back. You can threaten companies that if they do not bring back the outsourced jobs they will be put out of business. They will just do what Jobs did with Apple. Put their head quarters in a different country. You have to have a populace that can afford to buy goods and you no longer do in sufficient numbers to make capitalism work again. The indifference of the wilfully ignorant, the worst education system in the developed world, and the greed of everyone has done this. You need a great deal of money and a united populace to get out of this mess. There is only one place to get it and you do not want to make the ultra wealthy pay reasonable taxes. You are looking for a silver bullet and there is none.

    November 15, 2011 at 4:43 pm |
  110. Booger McCoy

    It will improve when I can get myself a good meatball sandwich.

    November 15, 2011 at 4:43 pm |
  111. Jim, Denver CO

    Jack,
    It is improving somewhat, depends on the job and the area. The thing to realize, especially for STEM workers (like myself), is that pay is not going to be what it was a few years ago. The companies are not coughing up the pay like they should because of the economy. The issue of the H1-B visa being used to push wages down is problematic. There is no shortage of U.S. STEM workers, just companies using the H1-B people to replace U.S. staff and push wages down. Greed knows no bounds.

    November 15, 2011 at 4:43 pm |
  112. Kurt

    When we wake up and realize that now a better time than any to borrow. Increase the money supply, accept inflation, and watch people start to invest again.

    November 15, 2011 at 4:44 pm |
  113. Dave - Buffalo

    There is no indication the jobs lost in this financial recession will be needed. The reality is that savings used by the elderly has been lost and they can not afford to retire. Companies are learning to operate with fewer people and pay the ones they have less for the same work. Budget cuts will place more high salaried govt jobs on the block and more professional unemployed. The only jobs abvailable are retail and fastfood. So you tell me is there afuture for the youth of today?

    November 15, 2011 at 4:45 pm |
  114. sire

    short term solution is to tax imports, tax the profits on outsourced income but give tax breaks locally. long term solution is to ease regulations for starting & running a business, fix the education system to make it relevant for today's and tomorrow's world, that would make younger generation competitive to foreign workforce and workforce in a foreign land.

    November 15, 2011 at 4:45 pm |
  115. Bob in Concord, NC

    The job market will only improve when executives of large corporations stop skimming profits and restart to reinvest in their own company. What happened to the motto, "Our employees are are most precious asset"? What happened to the Japanese mantra that the top most executive should earn no more than six times the lowest paid employee?

    November 15, 2011 at 4:45 pm |
  116. Annie, Atlanta

    Maybe when we tell our GOP representatives to stop sabotaging our country's economy just to make sure 1 man, our President, loses his job. Better yet, they hate the government so much, maybe we should send them packing next November.

    November 15, 2011 at 4:45 pm |
  117. ma in phoenix

    we won't have any improvement until we stop sending American citizens and our tax money to the Middle East to fight wars we don't give a damn about.

    November 15, 2011 at 4:46 pm |
  118. Nadim (West Lafayette, IN)

    It will improve when the companies get punished for outsourcing too many jobs and when more Americans are encouraged to go to college and get a better education so that they become more competitive. But unless Republicans let Obama pass his jobs bill then we will never know if he could've had the solution.

    November 15, 2011 at 4:47 pm |
  119. QS in Seattle

    Jack,
    Since the GOP has made it abundantly clear they will not lift a finger to help the economy or jobs specifically to make Obama a one-term president, then at the very least nothing will get done until after the election....but when Obama is re-elected, unless we take the House and keep the Senate, it will be at least another 4 years before anything improves.

    But mainly, corporations have been doing nothing but threatening to take their ball and go home when it comes to hiring. They are sitting on record profits and piles of cash that sit offshore, and then turn around and say that the reason they can't hire is because regulations are too much...right!

    To a corporation "losing money" simply means they only made 30 billion in profit this year instead of 33 billion like last year...for those who don't know the difference – it's not "losing money" if you are still making a profit!

    November 15, 2011 at 4:47 pm |
  120. Jim-Charlotte NC

    Never. Corporations will bring back their companies to this country when it is as profitable to manufacture here as it is in places your can pay your help $7 a day and pay no tariffs and that isn't going to happen.

    November 15, 2011 at 4:47 pm |
  121. cliff gridley sparta n.c.

    With a recession predicted for Europe in the new year, it looks like its going to be sometime before the unemployed will get a break, as long as we reward people for running a company in the ground and using our money to bail them out, you can pretty much count on nothing changing, The American people have been screwed twice, once when the banks and wall st. gambled with our money and lost and then used our money to bail them out, The third time will be the charm.....when we bail out Europe !!!!!

    November 15, 2011 at 4:48 pm |
  122. WILLY JOHNS ORANGE TX

    When do you think the job market will improve?

    Never Jack the jobs are gone for good.

    November 15, 2011 at 4:48 pm |
  123. Ken in MD

    As soon as the distinguished members of Congress start working together to resolve the real issues instead of pandering to the extremes and accomplishing nothing. Obama sent them a jobs bill months ago. Where is it? I thought jobs and the economy were going to be the top priority of the Class of 2010. We're still waiting...

    November 15, 2011 at 4:49 pm |
  124. Realist

    As soon as people get skills employers need and want. We have slid by too long on just a warm body. Improve yourself educationally. And while you are at it ditch the entitlement attitude. Work hard and show your worth to the business that gives you a paycheck.

    November 15, 2011 at 4:49 pm |
  125. GaryB

    The job market will improve when coporations decide that they can access more profits if they enlarge their employee base, and/or when salaried workers finally get fed up with working two jobs for the pay of one and stop putting in 10 or 20 hours of unpaid overtime every week. The only other alternative would be massive hiring by the federal government which would force corporations to compete for workers, thereby eliminating some of the income disparity and adding more fluid dollars into the marketplace. But in the current political environment, that's not going to happen.

    November 15, 2011 at 4:49 pm |
  126. David

    Jack, I am an executive recruietr and I can tell you with 100% certainty that the jobs that have been lost are NEVER coming back! There has been whole sale age discrimination going on since the down turn started. The job market for skilled workers has never been better excpetr those who do not have a colege degree and over 45 years old.The real question should be "where is the line between shareholder's interest/bottom line and allowing the middle class to make a living and thrive in this country? When are we gouing to realize that this is really a moral issue betweeen the interests of big business and the working calss i nthis country!!

    November 15, 2011 at 4:49 pm |
  127. Richard J

    The jobs situation will get better... When the business people who donate to congressmen and who are addicted to Chinese goods allow the politicians to vote to recognize China as a currency manipulator. We buy over $300b in Chinese goods. A 40% corrective tax on those goods would made the yuan worth its true value on an open "Capitalist" market. This would raise $120b per year, times 8 years = $960b, the US debt to China (made up of OUR money!). This money in the Treasury could balance the budget, be used for job retraining, etc. Trade war? Ha. We win!: we only sell $80b! China has much more at risk, and wont touch that! This 40% surcharge makes a $10 alarm clock from China cost $14. A $50 pair of shoes cost $70. And that creates millions of American jobs when US manufacturers can meet those prices. A FAIR market, means US workers are back to work, and we all win. You want radical change: this will be radical and good for America!

    November 15, 2011 at 4:50 pm |
  128. Dan, Statesboro GA

    We allow corporations to buy our politicians, who then pass laws that allow the corporations to profit by outsourcing our jobs to third world countries. The jobs will come back if we change the laws and force politicians to answer to their constituents rather than to their corporate masters.

    November 15, 2011 at 4:50 pm |
  129. Frank

    Interesting title, but it ignores the simple fact that we have experienced private sector job growth for each of the last 20 months. During the last month of the Bush administration, we lost 700,000 jobs-in that one month alone. Only Congress does not get it.

    November 15, 2011 at 4:50 pm |
  130. Rich in CO

    Jobs will return when companies hire, obviously. Companies will hire when there is demand for their products; and there will be demand for their products when people feel wealthier. People will feel wealthier when they have sufficient income and aren't being reminded daily that our leaders have put the country in the crapper. See, it's always the media's fault.

    November 15, 2011 at 4:51 pm |
  131. Larry in Houston

    According to "the Newt" he's saying that it will be after Obama is defeated next November – and the "Job Creators" ( which are the Republicans, mostly) Once the New President is Officially Sworn In, ( In January 2013 ) Newt has either hinted this, in every situation he's been in, in just about every interview with him. – – Jack, You're going to see another Huge shift in the population in this country – when the next census comes out – which will be in 2020 . Right now, a lot of people are flocking to North Dakota for those 50K a yr. Jobs, from Truck Drivers, to the oil refinerys. People are also moving south of the mason dixon line – to find some decent Jobs – and getting them.

    November 15, 2011 at 4:53 pm |
  132. Dot

    When Congress cares more about the American people than their uber wealthy masters.

    November 15, 2011 at 4:53 pm |
  133. Keith - CA

    Once all the incumbents are voted out of office

    November 15, 2011 at 4:53 pm |
  134. Cameron

    Unlike the dippy Tea Party ditto heads who harp on government being the problem, reasonable people will content that the job market will only improve when government gets more involved. We need more stimulus, not less. That stimulus should come both in the form of tax cuts, mostly for the middle class, and government investment in infrastructure and R&D.

    November 15, 2011 at 4:53 pm |
  135. Hank Xavier

    When we start saying "President Paul" instead of Congressman

    November 15, 2011 at 4:54 pm |
  136. fred richmond,va

    jack a few things need to change since both parties take millions of dollars from big business to get elected they (both parties) are going to represent big business interests not the people secondly big business is paying 7.50 an hour today for a job that payed 10.00 an hour in 2007 .

    for example when mcdonalds had its big national hiring day it was bringing in experienced workers who had worked at mcdonalds before at an higher wage for 7.30 an hour

    thirdly the illegals are keeping wages low by working the jobs that most americans cant afford to work thus the big companys profit more and the elected are not going after big business it wont donate to their re-election so let the campains be funded by the 99% with a donation that does not exceed 1000 dollars as you know politicians give tens of millions to get a job that does not pay tens of millions ............elect an independent that does not take money from big business .......

    November 15, 2011 at 4:54 pm |
  137. Londa - Texas

    When you get Wall Street out of our government. They have been appointed to the administrations of our government for the last 30 years and middle class life in America has been in a constant decline ever since. Enough already! No more Wall Street thiefs should be appointed to any government position... ever!

    November 15, 2011 at 4:55 pm |
  138. Cindy

    The job market won't improve until we stop allowing companies to outsource everything. We spent how many years allowing factories, call centers and everything else to move away and unless something is done, those jobs won't come back.

    November 15, 2011 at 4:56 pm |
  139. Goodguy1

    Always about the politics. This has nothing to do with President Obama. We buy many things from China ,and we actually sell very little to economies in South America, Africa or Europe because they too buy cheap things from China. This combined with technological advances rendering many jobs obsolete. Sooner or later the govt. will force more profit sharing on big corporations and get off small businesses' backs so they can hire more. I read these quackadoos writing all these bad things about the President and The Republicans and they just drink that Kooollllll AID.

    November 15, 2011 at 4:56 pm |
  140. Bob

    Neither party and NO president can improve the job market. WHY – because The Rich Republicans are Greedy and neither party will do the things that would improve it and these are known by all politicans. 1. Make E-Verify mandatory nationwide stopping illegal aliens from working and creating millions of jobs. 2. Tax China and bring back our manufacturing jobs 3. Tax those that out source 4. Do away with ALL tax loop holes 5. Tax the Rich and give a break to those that do hire. These alone would END the jobs problem. Too bad neither party will do anything.

    November 15, 2011 at 4:56 pm |
  141. tlh

    At some point, the workers in other countries will demand more money, and eventually, the cost of outsourcing will cause manufacturers to bring the work home. Then, workers in most of the world and in the U.S. will be earning realitively the same amount and we will truly be a global economy. The great middle class of America will be gone. We will live okay, but not be able to buy all that we want, and the rest of the world will have more but not be so envious of us. Hopefully, it will be a more peaceful world, but don't bet on it. We will still be a great country, but not THE country.

    November 15, 2011 at 4:58 pm |
  142. jorge washinsen

    I thought Cafferty had all the answers.When did he start asking questions?

    November 15, 2011 at 4:58 pm |
  143. David, Canada

    This is entirely in the hands of North American consumers. As long as they continue to purchase lowest cost good, all jobs related to production will move offshore and we will be left to compete with public sector workers for service jobs.

    November 15, 2011 at 4:58 pm |
  144. JFS

    When we take the US Economy OFF THE GLOBAL STAGE and let Americans control our own economy. Used to be , before Corporations started to support communist China and moving US jobs and investments there (started about 25-30 years ago), when other countries had economic and currency issues investors would flee to the security of the US economy and our free enterprise system . Not now. We have been used, sold out, and dismantled by Big Business and politicians (mostly Republicans) for a buck. The very Country whose people have fought to protect the rights of Corporations to exist freely are getting payback by a methodical dismantling of American industry and jobs. Giving most of those jobs to the Chinese and allowing the communists to manipulate their currency and imports. It seems that American Business has more interest in money than our own country and population. Maybe we should export technology jobs and let the US Economy catch up to an economy that has more technology than what our nation can use.

    November 15, 2011 at 5:00 pm |
  145. Todd from Northern MN

    When the government stops giving all our money to other countries and leaves some for us to spend as we please.

    November 15, 2011 at 5:01 pm |
  146. alanseago

    Jack: I'm inclined to agree with the several commenters who doubt if the job market will ever improve. After WWII most industrial countries in the world were devastated and it took decades for their economies to recover, so the US had very little real competition. Our economic success from 1945-2000 was the exception and not the rule. But now we really are in a new world order, in which the Japanese, the Koreans, the Europeans, the Chinese, and many others have growing economies, and we Americans have a lot of very strong competition. The economic conditions of the Eisenhower years aren't going to return.

    November 15, 2011 at 5:01 pm |
  147. tlh

    At some point, the workers in other countries will demand more money, and eventually, the cost of outsourcing will cause manufacturers to bring the work home. Then, workers in most of the world and in the U.S. will be earning realitively the same amount and we will truly be a global economy. The great middle class of America will be gone. We will live okay, but not be able to buy all that we want, and the rest of the world will have more but not be so envious of us. Hopefully, it will be a more peaceful world, but don't bet on it. We will still be a great country, but not THE country. Look for this in 20 to 40 years.

    November 15, 2011 at 5:01 pm |
  148. Leslie - from Washington state

    It wont! Ever! Companies has learned they can function much leaner then they were and so why hire more employees and use all that extra cash they pocket????? Unemployment will not get better. It may roller-coaster, but as for long term... isn't going to happen!

    November 15, 2011 at 5:01 pm |
  149. Mike in Oregon

    When all the workers in the world unionize, say no to slave labor and demand a standard of living.

    November 15, 2011 at 5:03 pm |
  150. Leo

    The job situation will improve for me when I win the lottery!

    November 15, 2011 at 5:03 pm |
  151. jorge washinsen

    It will improve when we quit letting liberals run the country.

    November 15, 2011 at 5:05 pm |
  152. Marcelo - Los Angeles

    The job Market will improve once employers decide to not hoard all the money they are making. Many companies are raking in record profits; is it because they realized they can retain the same level of efficiency with less workers than before? Maybe the current work force should slack off a little in an effort to demand more help!

    November 15, 2011 at 5:05 pm |
  153. Pete/Ark

    It will improve for many people the day I retire.It will improve for me...it will improve for my replacement...most of all it will improve for the stockholders of the company I work for since they can hire that replacement for less than the pittance they currently pay me.Call it "trickle UP economics".

    November 15, 2011 at 5:06 pm |
  154. Staci Oregon

    The party is over. We are going global. Our consumer base goes with it.

    November 15, 2011 at 5:07 pm |
  155. Saboth

    I don't think there will ever be good, middle class jobs in America again. Not like there was. As companies push for higher and higher profits, they look for more ways to cut costs, including outsourcing or paying substandard wages. Add to this fact that health insurance might have been $50, $100 per paycheck 15-20 years ago, and now it costs 10x that, even if you have a "good" job, and even if you make ok money, your spending power is much less than it was in the past. Unless there is some way to force the corporations and rich to pay people what they are worth, (you know...how an engineer might be paid 60k a year, but a CEO makes 10 million), it will never go back to the way it was. That's pretty much one of the major points of occupy wall street. How much profit is enough for these companies?

    November 15, 2011 at 5:07 pm |
  156. Patrick Bateman

    When people stop being greedy. BONG!

    November 15, 2011 at 5:07 pm |
  157. Mark in Wisconsin

    Once Obaba is out of office, things will change and for the better. Obama may not be the cause of the current crisi, but it is a fact that he has made it worse.

    Obabam and Biden are a disgrace to this once great country. Of course, Shumer, Pelosi, Reid, Durbin, Leahy, et. al. are all culpable.

    November 15, 2011 at 5:07 pm |
  158. Brian Samuels (Chicago)

    I don't see how the Republicans in Congress, and the fools that follow, think that doing nothing will magically create jobs. Obama's Job's plan is the only way to improve the job market. The private sector jobs are growing too slowly, but Obama's Jobs plan bridges the gap to keep us out of another recession or even a second great depression.

    November 15, 2011 at 5:08 pm |
  159. Scott

    Technology has replaced a lot of jobs and will keep replacing more. There is not going to be enough work in the future for everyone who wants a job–just a simple fact.

    November 15, 2011 at 5:09 pm |
  160. Sharon MacGregor

    The job market will improve when CEOs and boards of directors turn their loyalty from the almighty buck back to the United States. Instead of training Indians in all the latest software and technology, train some American workers! Instead of farming out skilled labor to other countries, bring the jobs back here! I would love nothing more than to learn web programming, but I can't afford the courses b/c I'm working at the same salary as I did in 1998....and the courses are costly. I'm now slowly trying to learn it from a book. My job as a print graphics designer is now done by an Indian for about a tenth of what I used to make (and I wasn't making that much). I am working as an admin to make ends meet, but if graphics was brought back and the job market was good again in that field, and I could be trained in the areas of web design, epublishing, and ecommerce websites - I'd be a happy camper!

    The job market will also improve when the US Government stops REWARDING people to stay home and not work....ie...welfare, unemployment benefits. Not that I am saying to STOP welfare or unemployment benefits...I am saying to MODIFY them, so that they reward those who are making an effort to get some work, or working part time while they are unemployed to network, instead of penalizing them. Right now, Americans are lazy b/c they know they can get a handout for free, or they'll be screwed if they 'make too much" (their unemployment will be lowered to compensate). The ones I know who used to be hard working, and worked 2 jobs when they were employed, have stopped being hard working b/c if they work part time to get back to even what a semblance of their old income was, their unemployment gets penalized. No wonder why Americans have become so lazy and unmotivated.

    The job market will also improve when people can go back to being loyal to a company, b/c their companies are loyal to them. Instead of being "headcount", people can go back to being real people. And instead of layoffs being so easy b/c people are an unnecessary commodity, layoffs will go back to being the exception b/c companies will know and realize that they are altering someone's life by laying them off, rather than just improving the bottom line. No one has a purpose anymore b/c they know their jobs could go at any time, to the whim of the stock market or shareholders/board of directors. What's the point of going above and beyond? b/c it doesn't matter anymore.... that's a sad state to be in economically and emotionally. No wonder why the suicide rate has jumped.

    Sharon MacGregor, Paterson, NJ

    November 15, 2011 at 5:09 pm |
  161. roland

    When developing countries contribute to demand. Jobs exist to service demand. Automation also eliminates jobs but the current imbalance is due to developing countries not contributing to demand. How China shows GDP growth every quarter with Stagnate wages while jobs continue to leave developing countries and go to China is the Recipe for recession. Same goes for India with it's taking of Technology jobs. Although India does have consumption.

    November 15, 2011 at 5:11 pm |
  162. Joe from Purcellville

    When you ask?? First, it will happen when the American voters take their heads out of the sand and vote these bozos in Congress out of office, all of them. Second, when American consumers start to buy products that are produced in the US when given the choice and when we stop buying from companies that ship jobs overseas to produce product more inexpensively to be shipped back and sold to us at the same price the were sold when made here in the US. Third, when someone stops the collusion between the drug companies, health care providers and insurance companies and get prices in line with the services provided. Oh, and did I mention voting the bozos in Congress out of office? That too.

    November 15, 2011 at 5:11 pm |
  163. Joe (NJ)

    When companies stop looking at today and plan for the future is when it will get better. Too many high ranking officials are interested in protecting the bottom line, and don't listen to what will ge the job done in the future. Menawhile people face pay cuts, frozen wages, and limited bonuses. Then your corporate officers have the gall to tell you we had a profitable quarter. The companies that institute true meritocracy will be those that grow and are successful. Who has the nerve to buck the establishment and reward people for good work regardless of economic climate?

    November 15, 2011 at 5:11 pm |
  164. Bill

    Jack, will have full employment when wages are back to three dollars an hour, no overtime, no unions, six day work weeks,
    no sick pay, no vacations, no employer contribution towards employees. The solution is simple and that is the only way to compete with China, India and other countries to come in the future.

    November 15, 2011 at 5:12 pm |
  165. Dennis Akron, OH

    Jobs will return when demand for goods and service increase. The problem is Americans are riddled with debt and have very little disposable income. Americans lived huge in the last 15 years with credit cards, homes they could not afford. Peoples wages have been stagnet for so long and they have lived paycheck to paycheck. Consumers create demand for goods. Corporations do not create jobs...jobs are created because of demand for products.

    November 15, 2011 at 5:12 pm |
  166. Brian, Pensacola FL

    Jack, only when the cost of energy returns to manageable levels. Texas has lower unemployment because it sucks the life out of the economy ever time OPEC retricts the oil supply just like the late 1970's. When Rick Perry brags about his states economy all I hear is "thank God for OPEC!"

    November 15, 2011 at 5:13 pm |
  167. jason - iowa

    Well, Jack,

    Businesses are not going to hire out of the goodness of their heart – nor should they. If they are meeting their 'throughput' numbers, it is bad business and, in some cases, a violation of their agreement with shareholders to hire people to sit around and do nothing.

    So, the only way to create jobs is to increase the demand. This is only accomplished in one way: put money in the hands of consumers. One way to do this is by creating more jobs – but of course this won't happen until the demand is already there. Now, if every business agreed to hire extra temporarily needless people to get things going, that would be swell, but that's not going to happen. If a small group of businesses try to do this, their profits will suffer and chances are good they'll just suffer and die.

    Fortunately, there exists another way to put money in the hands of consumers – one that is fair to all businesses, as it sets them all back simultaneously and of equal proportion. That method is called "taxes." Naturally, there is a big flaw in this theory, in that just because money is taxed doesn't mean it will end up in the hands of consumers – but once taxes are raised on the wealthy, it's just that one minor obstacle that remains to get the money flowing again.

    How it is that anyone has been convinced that lowering taxes on the wealthy will spur job growth is beyond me – if you lower taxes they'll just pay less taxes and have less workers. Jobs will not be created until demand is created. It's as simple as that.

    November 15, 2011 at 5:14 pm |
  168. JP

    The job market will not improve without massive and active new government policies and stimulus. Globalization and the tech revolution have made US jobs obsolete and technology will replace more and more workers. The Leaders are wasting valuable time and are only intent on pushing down US wages and the living standard. Why not give every small company with between 10 and 50 workers a 30K tax cut for every worker they hire? Why not give every company with between 50 and 500 workers, a 50 K tax cut for every 5 workers hired? Why not stimulate the housing market; pass a law/force banks to allow loan modifications of all current loans at the lowest interest rate and at the current market value of the home, force banks to sell off all the delinquent properties within 6 months to get rid of the excess that keep prices low? Unless there are jobs and the housing market improves rapidly, the economy is doomed to fall off a cliff. For the leaders to sit around and wait for a miracle is irresponsible.

    November 15, 2011 at 5:15 pm |
  169. HJ - Saint Paul, MN

    When there is demand in the market. Demand happens when people buy things. People buy things when they have excess money. So the way you improve the economy is by "giving" people money who currently don't have enough. The policies of deregulation and free trade have drastically changed the concentrations of wealth in our country. Republicans call it socialism, but if you want to fix the problem, you have to re-distribute the wealth.

    November 15, 2011 at 5:16 pm |
  170. Valerie in Raleigh

    We will see an approvement when the Republican party of "No" stops blocking everything the President tries to do to help the economy and when the Tea Party crazies are voted out of office in the 2012 election. Then, our government will again work as it should, with compromise, and our country will begin to recover from the eight years of George Bush rule and the undue influence of the distruptive Tea Party group. At that time we can truly rejoice.

    November 15, 2011 at 5:16 pm |
  171. Mark in Tampa, FL

    Once the zombies "thin out" out some of the herd there will be lots of jobs for all of us.

    November 15, 2011 at 5:17 pm |
  172. Kevin in Atlanta

    The job market will improve when the public's confidence improves. People are afraid to buy things right now because they are afraid to lose their jobs and not have money. Companies see this and are afraid to hire people because no one is buying their goods. The media sees this and continues to report that the world is coming to an end because no one is buying or hiring? All of this will go away when we have confidence in ourselves again. And the biggest step to achieving that kind of confidence is our leaders actually acting like leaders and working to fix the problem.

    November 15, 2011 at 5:17 pm |
  173. Lou in Maine

    We already have jobs, America lacks the eduction in order to have the skills to get the jobs. And then there's always McDonald's.

    November 15, 2011 at 5:17 pm |
  174. Greg Rockford, IL

    This is the new normal, I don't think government can do anything concrete to "create" jobs other than hire people itself to work for the government. For the ignorant who say "the day Obama leaves office," your deluding yourselves. The fact is that companies aren't hiring because there is not enough demand in the economy and productivity gains allow companies to do more with less manpower. I say bring back the Clinton tax rates and level of spending, unemployment seemed pretty low then.

    November 15, 2011 at 5:18 pm |
  175. NODAT1

    Pandemic will cure the jobless rate

    November 15, 2011 at 5:19 pm |
  176. marybeth, massachusetts

    Never. We are never going to see quality jobs again because Americans cannot afford to work for less than 1 rupee or peso per week. The jobs have gone where the cheapest of the cheap labor is located, which ensures maximum profits for corporations and CEOs. The problem is, the cost of living in the US is high; the American worker can't pay rent, buy food, pay for a car, insurance, and fill the tank on 2 minimum wage jobs.

    If jobs are created, they will be temporary, seasonal, minimum wage or below minimum wage (if the republicans get their way to abolish the minimum wage). The CEOs will still continue to make billions and billions per quarter. They will continue to buy Congress, who will pass legislation to ensure that corporate tax is cut to zero or less (so they get a refund from the gov't), that gov't subsidies continue for corporations, and corporate welfare is healthy. They will deregulate what few regulations are left so the rape of the country can continue. And we'll see a return to feudalism, with a king and his vassals, with the rest of us peasants, working for nothing and paying for the right to work.

    I don't think that businesses will hire even if there is zero corporate tax and a wild wild west (no regulations). The reason is that there is no demand for goods and services. And the reason there is no demand is because ordinary people don't have money to spend on them (aren't spending money on things besides necessities). And the reason ordinary people aren't spending money is because they're unemployed or underemployed, and they're being cautious because they don't know how long they're going to have a job. If you get people working again, they'll have money. They won't start spending right away–but once they have some "disposable income", they will spend some of it. This will create demand, and will help businesses.

    Right now they've got the cart before the horse. Let's use some common sense, get people working again, and get the economy turned around. Oh, and those people will be paying taxes, too, which will help with the debt. It is stupid to continue to advocate nothing but spending cuts. Don't people realize that government workers pay taxes and buy things too? Keep cutting gov't workers, and you're just prolonging the depression and making it worse.

    November 15, 2011 at 5:19 pm |
  177. steve

    Seve in St Louis
    When the american people start spending their money! I work at a bank and you have no idea of the amount of money in savings. It's rediculous. but people are greedy and scared and refuse to buy important things. i'm glad they think they can take it with them!

    November 15, 2011 at 5:20 pm |
  178. AndreaM

    The day I call tech support and don't get sent to Bangladesh, I will believe things have started to get better.

    November 15, 2011 at 5:20 pm |
  179. samiaminiowa

    Not any time soon, especially with all the outsourcing and companies looking at the bottom line!!

    November 15, 2011 at 5:22 pm |
  180. Sidney Oliver

    Whenever our corporate masters want it to, of course. And I'm not kidding.

    November 15, 2011 at 5:23 pm |
  181. eric

    not anytime soon...

    November 15, 2011 at 5:24 pm |
  182. Joe

    Jack,
    If we listen to Fareed Zakaria's program new technological innovation has created longer and longer recoveries from each recession, since the 1980's. The time expected for recovery now is 6 years.
    Joe, Binghamton, NY

    November 15, 2011 at 5:24 pm |
  183. Jonathan

    It's not going to get better, Jack. I am 31, a graduate of a "top 25 college," and I've been unemployed for more than three years. Plain and simple: My generation is the "lost generation."

    November 15, 2011 at 5:24 pm |
  184. Ron Balouville CT

    It wont not unless you intend to learn chinese. our government is so motivated to allow corporations to go over seas that they give them tax breaks. way to go U.S.A one word Jack RECALL!!!!!

    November 15, 2011 at 5:25 pm |
  185. Bob in OKC

    2 things must happen: Get Obama out of office & send John Boehner home.

    November 15, 2011 at 5:25 pm |
  186. Ben

    Wait – wait – wait – there are no good jobs out there? Hmm, if only there was a group of people who would bring this to the government and media's attention – by somehow protesting somewhere really visible like outside of Wall Street or something. Oh that's just crazy talk – they are just a bunch of dumb, unemployed hippies – what do they know – I guess when Republican "X" gets elected and slashes the EPA, Dept of Energy, Dept of Education, Congress, OSHA, Clean Air and Water Act . . . then we will live in a conservative utopia – and we shall call it "Somalia Two"

    November 15, 2011 at 5:25 pm |
  187. scott green

    there has to jobs to find jobs!

    November 15, 2011 at 5:25 pm |
  188. Jacque

    When we get manufacturing job back into this country again and when we get the partisan obstructionism out of the way to any possible progress in Congress to infrastructure and other created jobs to tide those currently unemployed until REAL CHANGE to our legislative system and campaign financing that has the whole system jury-rigged.

    November 15, 2011 at 5:25 pm |
  189. Rich

    The job market will improve when the republicans are TOTALLY out of the white house...PERIOD

    November 15, 2011 at 5:25 pm |
  190. Darrell in Texas

    November 6, 2012 when Romney is elected president.

    November 15, 2011 at 5:25 pm |
  191. Adam Czesnikowski

    Jack, The economy will not and can not recover until companys lose tax breaks for shipping jobs overseas, the immigration flood is slowed, and Manufacturing companies can produce "Made In USA" again. China, India, Mexico and other countries are making a fortune from the US and people wonder why there isn't any money here? The idiots wonder.

    November 15, 2011 at 5:25 pm |
  192. Jim

    Quality jobs will never return because the employers are living a life they never had. Over qualified people working for them at a wage they could have never hire them for 15 years ago. So why would they change. People are taking what ever they can get.

    Jim
    Arkansas

    November 15, 2011 at 5:25 pm |
  193. David Shaw

    It won't improve. by the time it might start to get better it will be beoming obvious that we are at the end of the age of oil. confidence will plummet, the consumer society will cllapse and unemployment will be 20, 30 50, 80%

    historians of the future in say 500 or 1000 years tiem will place the end of our civilisation as having occurred someplace around the middle of the 21 st century Come on guys which part of the word Un-sus-tain-able is that we collectively don't understand

    November 15, 2011 at 5:26 pm |
  194. Jennifer M in Winnipeg

    The situation will never improve intil there is legislation passed that stops corporate America from outsourcing 90% of it's jobs to China.

    November 15, 2011 at 5:26 pm |
  195. Gerry from vancouver

    ah............never going to go back to what it was. The world has changed in the last 2 years. Did anyone notice? As more wealth pours into the 1% it will mean less for the rest of humanity. Goverment policy can only go so far in restoring the balance. You will have to talk to some about giving some things up..........like that will happen!!

    November 15, 2011 at 5:26 pm |
  196. Karen in California

    The job market will improve when a Republican president gives business permission to start hiring again. Yeah, they'll say it's about 'job creating policies', but all that means is you can keep even more of your profits.

    November 15, 2011 at 5:26 pm |
  197. gary

    Jack – it will take more yrs to heal from the damage done by Bush II. Even longer with the GOP dragging their foot

    November 15, 2011 at 5:26 pm |
  198. trebor flow

    When Americans work for a $1.47 a day, without health care and no retirement. In other words, when America becomes a 3rd world country.

    November 15, 2011 at 5:27 pm |
  199. Keith from NYC

    When Republicans win the Presidency in Nov. 2012.

    November 15, 2011 at 5:27 pm |
  200. Craig Chilton, of Evansdale, Iowa

    Possibly NEVER, Jack. In all likelihood, 9.0% unemployment is a plateau in a steady decline of that which may forevermore be the new NORMAL, as a result of so many American companies outsourcing their production to nations having far lower labor costs, such as China. And just look at all the ACCOUNTING time and costs they are saving themselves by doing that!

    November 15, 2011 at 5:27 pm |
  201. Marilyn Suarez

    If ,and I hope ,Obama is re-elected and the Republicns begin to work with him and not just try to get him out of office, then I think things will improve.. Thins must be equally fair for rich, middle class and poor.

    November 15, 2011 at 5:27 pm |
  202. John

    Hi Jack,
    It really won't.In fact one day we will look back at today and say "The Good Ole Days"

    November 15, 2011 at 5:27 pm |
  203. margaret godfrey

    When the greedy corporations quit sitting on their billions in cash and start hiring.

    November 15, 2011 at 5:27 pm |
  204. Kenneth fro Vian, ok

    The economy will improve when we pass a law that if something is going to be sold here-it has to be made here; and if something is going to be sold somewhere else-it should be made in that somewhere else with a fair wage. In other words get out of the import-export business. Things will then stabilize world wide.

    November 15, 2011 at 5:28 pm |
  205. Peter

    The economy will improve when Americans demand an end to the trade agreements foisted upon us by the G 20. Revoke the Trade Agreements of Cafta,Nafta, WTO, N.Korea and put an end to those immigrant labor job sucking visas of H1B thru H1Z. We owe no allegiance to any corporation that outsources our jobs , so quit defending them.

    November 15, 2011 at 5:28 pm |
  206. Dave Sielaff

    Jack:
    When the Republicans decide when it is more important to work on a bipartican basis and help create jobs – rather than defeating Oboma! If they get all three (House, Senate, and Whire House) then Caty bar the Doors! Then there will be two classes – extreme rich and extreme poor!

    November 15, 2011 at 5:28 pm |
  207. justme

    I guess it doesn't make sense for Obama to try to hold employment up with government spending when corporate America has no intention on doing any hiring until he's out of office. That is what a collection of Tea Party Corporates said just a few weeks ago – they would refuse to hire in order to push Obama out of office. That's their vision of America. Profits over People. Who says two trillion in corporate cash is enough.

    Have they announced their new pledge of allegiance yet?

    We pledge allegiance
    to the flag
    of the United Corporations of America,
    and to the shareholders
    for which they stand,
    one multinational under the dollar,
    indivisible,
    with profits and dividends for the few.

    Surely, this is not the America the founders ever foresaw.

    November 15, 2011 at 5:28 pm |
  208. Joe B. (Lynchburg, VA)

    simple... Dec. 21, 2012....

    November 15, 2011 at 5:29 pm |
  209. Joe Franklin in Chicago

    As a small business owner, we have experienced growth and added to our workforce this year. The hardest part is finding a quality employee. It is amazing how prevalent the lack of the skill of effective written communication is. People can not do the simple task of putting together a quality cover letter letter for the specific position. After that, they cannot provide effective answers to simple questions asking about themselves in a written form. Our education system is broken, a college degree does not mean a person can been taught critical thinking and people are lazy.

    November 15, 2011 at 5:29 pm |
  210. a disgrace

    america's job market will not begin to improve until obama is removed from office and his disgrace of a presidency ended...

    November 15, 2011 at 5:29 pm |
  211. Robert Stroney

    The job market will improve when Government steps in and assists with creating a new light rail / super rail system to connect us all; all States must participate; no States are allowed to opt out. The Government assisted in the out-sourcing of America's jobs i.e. Nixon & Reagan & it continued into the 1990's. CUT DEFENSE $600Billion dollars should be used to REBUILD AMERICA; not continue Leon Panetta s' WAR MACHINES. The next generation of war machine is DRONES; not American Blood. Fix the Alaskan BP pipe line; let @NASA help; I trust them more than BP. Secure our porous borders with returning U.S. Troops. Bury all the power lines – nation wide – this is when the job market will improve. Tell Mr. Obama to sign another EXECUTIVE ORDER – re: his job bill – Americans' don't have time to wait for Congress! That's when the job market will improve!

    November 15, 2011 at 5:29 pm |
  212. Rich

    When Obama is out of office

    November 15, 2011 at 5:29 pm |
  213. John

    The economy will improve as soon as this country hands the reins over to Ron Paul.

    November 15, 2011 at 5:29 pm |
  214. Rbird

    Jack,
    As soon as the Republicans sign the Jobs Bill!

    November 15, 2011 at 5:29 pm |
  215. Bob - Allentown, PA

    It will be at the intersection of two forces – a decline in the overarching fears of the U.S. consumer (which drove a turn away from consumption and towards personal debt reduction) and a realization among businesses that they are missing business by not staffing adequately (when the productivity curve flattens out). The likelihood is that a trend of slow improvement will emerge in the first quarter of 2012, as it did in the spring of 2011. The counter to that, as it was this year with the Japanese earthquake, debt ceiling debacle and Arab Spring, will be external events that take away potential new business and stoke consumer fears anew.

    November 15, 2011 at 5:30 pm |
  216. Dave in British Columbia

    Never. The lifestyle of the past is gone due to corporatism which has placed profits over people. The money will move to whichever country will provide the maximum profits.

    November 15, 2011 at 5:30 pm |
  217. Mike, Longview TX

    Unemployment rate will improve when all the people whining about corporate masters get off the unemployed rolls and move to the permanently stupid line. Tired of hearing people always blame someone(thing) else!

    November 15, 2011 at 5:30 pm |
  218. Mary Steele

    The job market will improve when 8 million ilegal workers are put out of OUR jobs so we can get back to work and start spending again!

    Yorktown VA

    November 15, 2011 at 5:31 pm |
  219. KS Harnal Reston VA

    When "Made in China' is not written on everything I touch

    November 15, 2011 at 5:31 pm |
  220. Tony DeLyons -- New York

    When will the job market improve - when the government (all levels of government) admit that the economic/social devastation exceeds what is promulgated. The nation is in a situation that mirrors the Great Depression but because Obama is in constant campaigning mode and Congress is doing everything possible to see that Obama fails, and because the states and local governments have absolutely no say in their own futures, the job market, our economy, middle class people losing their homes, having to receive food stamps and medicaid, college degrees becoming the new high school diploma–until these challenges are realistically addressed, nothing will improve, absolutely nothing. We're in this depression for the long haul because we're existing in a state of collective delusion.

    November 15, 2011 at 5:31 pm |
  221. AgentG

    The job market will improve when corporate investment is preferentially directed towards US-based projects and expansion. That, in turn, depends on an outlook for increased profits and growth in the US market in order to justify those domestic investments. The real quandry is that the resources for production and consumption are here in the US, but they are all laying fallow, which is a real waste of economic resource and time that could have been spent profitably.

    So there are some solution:

    a) Provide real preferential incentives for domestic investments vs. offshore ones. Simple tax credits are not going to be creative enough! This may require overhaul of the tax code.

    b) Provide monetary support (not simple tax credits) for companies willing to train unemployed workers. We have a huge productivity advantage over most any other location in the world. We should leverage our existing strength to generate more advantages for US workers.

    c) Create demand for infrastructure repair and regeneration. Infrastructure projects cannot be outsourced and represent a huge win-win-win situation for America. These tangible value-adding investments can be financed now at historically low rates. We should undertake massively huge public-private projects and lock in their long-term financing upfront. For example, high-speed rail should get 10x or 100x the amount of money currently being invested. Similarly, we should literally throw money at the SmartGrid in every region as fast as possible right now. Another real need we have are water works, including flood protection systems and refurbishing obsolete water supply and processing equipment.

    November 15, 2011 at 5:32 pm |
  222. scott green

    does it really matter what the american people think jack? AMERICA NEEDS JOBS!

    November 15, 2011 at 5:32 pm |
  223. eric in florida

    a couple years after world war 3 ends.

    November 15, 2011 at 5:32 pm |
  224. Kenny Williams

    Here are the facts: The American population is increasing every year. This means that more people enter the job age each year. Also, older Americans are retiring at older ages. Also with the technological advances made, the plants and factories require less employee to run them. Just these factors alone raises the unemployment level. Every President in the next 20yrs will have to combat unemployment, but I predict unemployment will began to decrease only after Presdient Obama is re-elected. Then the Republican leadership will abandoned their mission of removing Obama and get serious about helping this country. This way, both parties will began to focus on what's best for their parties, which will be proven bipartisan legislature that will positively impact our economy.

    November 15, 2011 at 5:33 pm |
  225. nick, fla

    Jack, for all those on the board who are crying about the government's central in preventing "job creation" they should remember all that spending did not need to happen had it not been for the so called private sector "job creators" who became greed mongers instead prudent business folks. So in my estimation the real uplift in jobs will happen when there is cooperation between government and the private sector, when the recognition that greed kills and that the whole notion of free market gets rationalized to prudent market and when we stop crying and again make something of ourselves worth hiring. It is a complicated question with a lot of linked variables but it does not take a rocket scientist to figure this stuff out.

    November 15, 2011 at 5:33 pm |
  226. Ivan

    Jobs will return when Obama is out of office

    November 15, 2011 at 5:33 pm |
  227. Douglas

    Jack, the job market will improve when our leaders finally realize that this country is built on ingenuity, entreneurship, and freedom. Until we realize that we are competing globally and need to take tough decisions to ensure a level playing field with emerging economies, we will never reach that utopia that Obama is seeking and the rest of us wish for our children. Douglas in NH

    November 15, 2011 at 5:34 pm |
  228. Jeff Seattle, WA

    We have priced ourselves out of the world economy. How can expect to compete when U.S. products/workers are so much more expensive than the likes of China? It's for this reason I fear unemployment will remain high and wage growth will be non-existent for years.

    November 15, 2011 at 5:34 pm |
  229. Charlie Everett WA.

    Jack -

    Regarding quality jobs, things won't improve until corporations pay less attention to profits and shareholder returns and more attention to developing promising young people. By that, I mean, setting up academies on company grounds where high-school aged students who are inclined to excel in the STEM (science, technology, engineering, math) are tutored and mentored by scientists and engineers working one the latest products and services. By the time these students graduate, they will have the skills companies want and with the corporation investment in their development it's more likely they will be hired.

    November 15, 2011 at 5:34 pm |
  230. Terry in Florida

    When the Democrats and President Obama take back control in 2012. We have to invest into the future, as a business owner I had to invest money to make money. we need to pass Obamas job package for a starts.

    November 15, 2011 at 5:34 pm |
  231. s in fl

    That's easy, Jack. It'll change when our "leaders" start worrying about "our" jobs instead of theirs.

    November 15, 2011 at 5:35 pm |
  232. Craig Johnson

    CJ in South Dakota
    In star date 2025

    November 15, 2011 at 5:36 pm |
  233. Robert Pike, Homestead Fl

    It's going to be a long time until job availability and quality improves.
    Thomas Robert Malthus, a demographer and epidemiologist who inspired the first census in England in 1801, said it all more than 200 years ago; "as the quantity of life increases, the quality of Life decreases".
    Until we slow down the 200,000 plus increase on the planet per day, (that's births minus deaths, worldwide) the jobs available will be fewer, the positions more competitive. A LOT more.

    November 15, 2011 at 5:36 pm |
  234. Jeff in San Diego

    When companies can pollute like India, pay workers like China and have the same building codes as Tiajuana, Mexico, then our benevolent corporations will return the jobs the Good 'Ol US of A.

    November 15, 2011 at 5:36 pm |
  235. Jeff

    Jack the economy in this country tanked out because the housing market went bust. Most anything that had anything to do with the housing industry went in the toilet. Millions of lobs lost in construction, manufacturing of products to go into all of those houses. Now in my state of Alabama we are running the imigrant workers out of here at an alarming rate but I am not sure if people here get it. The people who have built houses here for the last 15 to 20 years are imigrant workers. They have virtually taken over the residential construction industry but now they are gone, and because of their longevity with building homes here, there is a huge gap now in domestic workers. Most American construction people employed imigrant workers to build the homes so there arent a bunch of kids in the trade pipeline to take up the slack. No skilled construction workers to get the housing business going again, no recovery possible. The housing business employes millions of people. If the housing business doesnt get going again the recovery is next to impossible.

    November 15, 2011 at 5:37 pm |
  236. Lionel

    It seems that most people have no idea of what it really takes to come out of a recession? It is unbelievable that some Americans can have the audacity to only blame one man! I suggest many of these individuals to open a history book to understand what happened after the cold war. They ought to learn something. Let us not forget that insufficient regulations in the housing market, derivatives being the manipulative tool in the heart of Wall Streets, corruptions and greed within organization such as Enron, the notorious Madoff unethical behavior, the poor performance of Auditors such as Andersen... I could go on and on... Wasn't this the results of the Reagan era that was unleashed? It takes more than 4 years to fix 8 years of a Bush launching a dumb war and putting into place tax cuts mainly for the interest of the wealthy! Please, lets remain realist and stop this non-sense of blaming the current administration. Did you really think that Obama could fix things ASAP with a congress who does not even care about the American middle class? Let's stop the hypocrisy!

    November 15, 2011 at 5:37 pm |
  237. Out West

    Jack, I'm an independent and believe the jobs market will not improve until the democrats are removed from power, i.e., White house and the Senate. Prez Obama's administration just doesn't know what to do about jobs and Congress has 535 lost souls; the only thing they are good for is smiling at the cameras. All the focus seems to be on big business, which is a mistake. Small business is the back bone of communities and are closing faster than can be counted.

    November 15, 2011 at 5:37 pm |
  238. Jim Green, Seguin,TX

    We have been unable to fix our unemployment crisis because we are looking to the market to fix the problem. Unemployment is a “social” problem—and the market is not in the “social work” business—if it wishes to stay in business—the truth is, the world has changed, our solutions haven’t—and the result has been a disaster! So to answer your question on the current path 7-10 years, if ever!

    November 15, 2011 at 5:37 pm |
  239. Mike S., New Orleans

    The job market will improve after President Obama is re-elected, and the entire Republican agenda shifts from ousting a president to improving the American economy. So far the Republicans have worked at nothing other than making sure Obama's administration appears as a failure, no matter how much it hurt the average American.

    November 15, 2011 at 5:38 pm |
  240. Mark in California

    When the Republicans stop being the Party of No Taxes and the Democrats realize the have to give up more on entitlements. Basically when the Congress starts to compromise and business can see stabilzation.

    November 15, 2011 at 5:38 pm |
  241. Gerry Doubleday

    Jack

    I have never responded to your opinions before , but , must this time . The unemployment situation is both complicated and simple at the same time . Both our Republican and Democratic " friends " in congress refuse to face the real problems – the outsourcing of low skill manufacturing jobs on one hand and an under educated workforce on the other . Thirty percent of our young people don't graduate from High School and thirty percent of the ones that do can't read well ( or at all ) . Until we insure that young children learn to read at grade level by grade three , we are destined for more of the same . Virtually all " good " jobs require reading comprehension skills that far too many Americans lack .

    Gerry Doubleday
    Board Member – The Literacy Council of Highlands NC

    November 15, 2011 at 5:39 pm |
  242. Terry

    The job situation will imporve when we start putting tax imported goods again. When the government is supported, at least in part, by those with money enough to buy imported goods, factories will being built nationwide, workers will be valued, and unemployment will only be for those who choose not to work. That will not happen until we get these self serving lawyers out of our govenment, and get people in Washington who are there to serve others, and not themselves.

    November 15, 2011 at 5:40 pm |
  243. Patrick Bowles

    Ross Perot was right! "Free Trade" agreements made a huge "sucking" sound as US jobs and prosperity left the country. The only way we will ever recover is to impose tariffs on imported goods to level the playing field for
    the manufacturing industries to reestablish in this country, and use the tariff money to give tax incentives for industries restarting in this country. We actually have to produce something that has material value, and not rely on a service based windfall profit basis for our economy. The "money changers" and Wall Street produce nothing useful for society.

    November 15, 2011 at 5:40 pm |
  244. Amy

    Like the housing market the job market will never be the same. I think an unfortunate side-effect might be that employers have learned to do more with less. For instance as people employed by the company my husband works for have quit or gotten fired he has been given more jobs. For about a year he was expected to do a large part of 4 professional full-time jobs (no pay increase). Talk about a savings for the employer! Even so our standard of living has not increased but we are squeezing more out of every dollar. The state of the economy is in a place we have never been. But I don't think it is in the park camping out and expecting tax payers to pay to clean up the mess you leave.

    November 15, 2011 at 5:41 pm |
  245. Luis Rodrigues

    The current world trade organization political agreements (globalization) closed the door to the success of small businesses in America and Europe, unable to compete with the unfair practices of Chinese like countries. This, compromises the creation of jobs, and grows uncertainty on small businesses interested in projects for innovation, environment, and infrastructure.

    November 15, 2011 at 5:45 pm |
  246. JeffinIL

    The job market will improve when the banks go back to lending money to businesses instead of trying to make money through fees.

    November 15, 2011 at 5:45 pm |
  247. Independent Joe

    Jack,
    Just the other day I called with a question regarding my daughters federally backed student loans. A person from east India answered the phone! So I would say when our leaders stop making it ok to export our way of life.

    Joe M (MN)

    November 15, 2011 at 5:46 pm |
  248. John in Louisiana

    The job market will improve when the Republicans and the wealthy few who control them and the corporations decide to release the $3-4 trillion in cash they hold in their pockets and start trickling it down like they say is supposed to happen in our capitalistic economy. They, not the government, control the trickle down and the jobs. Hence, as long as their primary and only goal is making sure Obama is a one-term president, they will not start creating jobs.

    November 15, 2011 at 5:46 pm |
  249. Jason from NYC

    Jack, I think the economy is improving as you read this but it could be growing much faster.. There are several issues currently stifling this growth. One, we have an obstructionist Congress whose only agenda is to make sure President Obama does not get re-elected. Two, businesses which are making record profits are not hiring so they may reap even larger profits. Three, and most importantly, the general public is afraid to spend money, the key factor in creating new jobs, because of the partisanism in Washington. They have simply lost all trust in our elected officials.

    Jason in Manhattan

    November 15, 2011 at 5:46 pm |
  250. StevensB

    It will improve when the American worker has no other choice but to accept wages that will place them on par with a rural Chinese peasant , and not before ..... third world , here we come !!!!!!
    Steve , Northern New Mexico

    November 15, 2011 at 5:46 pm |
  251. Beverly Corbett

    All of our country will be in a better position when we have leaders who have business acumen, and who have business experience in control of our government and who can bring back manufactoring in this country with wages under control so as to be competitive with China! Will that ever accur? your guess is as good as anyones!

    November 15, 2011 at 5:46 pm |
  252. TOM (INDIANA)

    As soon the congress get off there butts. It seem like President Obama have an incentives to suggest a plan and the congress care less to pass any jobs plan . They just want to go back to the same old trickle down economics which started this depression the first place. The biggest plan they have is to see that President Obama to fail. Remember the congress is the only Branch that can pass a bill. The President can only suggest a bill and when it is pass, he can sign or veto .

    November 15, 2011 at 5:47 pm |
  253. Kenny Williams

    When the so-called "Job Creators" start actually creating jobs here in American and stop shipping them overseas to save a buck. Wall Street Corporations might as well be cooperating with the terrorists who want to see the US destroyed. They're doing just as much damage (if not more) to America, but not even being held accountable! "TOO BIG TO FAIL" must mean "TOO BIG TO EXIST" C'MON OBAMA!! Grow a pair like you did against Bin Laden! We need to deploy Seal Team 6 to do some "covert ops" to the Wall Street US-base terrorists!

    November 15, 2011 at 5:47 pm |
  254. Bob from West Virginia

    The job market is subject to the forces of supply and demand. Many employers are sitting with large cash reserves and thus ready to expand. Unfortunately expansion is dependent upon consumer demand. Consumer demand is not going to significantly improve until public perceptions change. We are caught in a vicious do-loop of ripple effects that we can't seem to pull ourselves out of.
    The underlining factors that are feeding this self-fulfilling prophesy is first a bad housing market. Until foreclosures bottom out the housing market can't begin to improve. Second, the impact of the "Great Recession" is that it forced people to take stock of their spending habits (Which is actually a good thing!). Fear from those who are employed about becoming unemployed caused most of us pay down our bills, pay off credit cards, delay buying those big ticket items, etc. (Remember the worry about the credit card debt bubble?) and thus in essence to live within our means. The reality is that the boom days of the 80's, 90's and most especially the first part of the first decade of the 21st Century that resulted in phenomenal economic growth was built on people living way beyond their means (credit card debt, home equity loans, zero down payments, etc.).
    The housing market implosion, if we follow Japan’s experience in the 1990’s took a full decade to pull itself out of its economic malaise. John Q Public is now more frugal with their spending and that is going stay that way for many years to come. Ultimately this means that economic growth will be slow, steady and more solidly based. Unfortunately, that translates into a jobs market that is not going to improve appreciably into the future either and that is not factoring the issue of fuel price volatility.

    November 15, 2011 at 5:47 pm |
  255. Luis Rodrigues

    Due to the uncontrolled world trade system, countries like China use unfair trading practices like near slavery cheap labor, unregulated or inexistent quality and safety control, and undervalued money, to conquer the world market. On top of that, China has people all around the world, spying and acquiring the knowledge needed to duplicate products and services for their own economic and military benefit, with disregard for copyright infringements, or international laws and security. The result is social and economic chaos in America and western countries, leading to poverty, lack of demand, and housing, credit, stocks, and market free-falls.

    November 15, 2011 at 5:48 pm |
  256. Bill In Nova Scotia

    When North Americans start earning the same wages/benefits as the Chinese. And that will be coming soon if the uber-large corporations have their way.

    November 15, 2011 at 5:48 pm |
  257. HJ - Saint Paul, MN

    Just stop listening to Republicans. These are the people who want government to stay out of their business, but then turn around and demand incentives to employ Americans. Seriously. I'm sick of competing with someone in India for my job. I want a 1st world life, and 1st world pay. If you want to make things overseas, then you can sell it there too! The job market will improve when people demand it. Just like everything else, ultimately it comes down to one person one vote. When enough of us stand up, things will change.

    November 15, 2011 at 5:49 pm |
  258. Dean from Minnesota

    Never? The biggest economic idea for jobs in this country still appears to be service sector jobs. Look at some of the ideas in the new bipartisan jobs bill just talked about on The Situation Room. Nice idea to give veterans tax breaks but seems to be it is limited to starting a franchise not a business they would start on their own. And what seems to be the majority of franchise options: hotel chains, fast food restaurants, insurance offices or investment offices. While it may provide some jobs those jobs are not going to replace all the lost jobs from the recession and many are not going to provide the path for upgrading skills.
    Also doesn't help that many places still don't look at resumes coming into their companies themselves. Top it off using temporary agencies to do the work of screening people for them these companies have lost their own skills to figure out for themselves if a candidate for a job position has the basic needed skills for the job. Plus if they actually looked at the candidates background they should be able to determine if someone has the ability to learn new skills on the job based on past performance. Maybe too much reliance on looking for keywords only?

    November 15, 2011 at 5:50 pm |
  259. Pete

    When American companies stop exporting profits and production capital to escape American workers. This could happen voluntarily if American companies magically get as patriotic as our volunteer military; or if companies decide that preserving the domestic economy is in their own economic as well as patriotic interest; or if our federal and/or state governments figure out a way to regulate that outcome without amoral corporations completely fleeing our country
    .

    November 15, 2011 at 5:51 pm |
  260. ahatfl

    The job market will improve when Congress realizes that small business creates the jobs and small business is 5 to 10 employees not 100 to 1000.

    November 15, 2011 at 5:52 pm |
  261. Luis Rodrigues

    Many ‘experts’ think the economy in Europe (like Greece) is due to strong entitlements and benefits assigned to the working class. The Chinese are probably saying the same about the benefits and entitlements in America. These ‘experts’ think that by stealing worker benefits and entitlements, the economy will recover. They call that ‘Austerity’. That’s exactly what the greedy corporation owners want people to think – enslave the European and American worker like they do in China and jobs will come back. My question is, how can ‘slaves’ be good ‘consumers’, balance the supply-demand market, and improve any economy??? Why don’t these smart experts see that the ‘cancer’ of this economy is the current ‘globalization’ agreements, especially with China??? The longer it takes to confront this ‘cancer’, the more difficult and painful it will be to fix it. Not confronting and fixing it, will lead to the end of the western civilization as we know it.

    November 15, 2011 at 5:52 pm |
  262. James Miller

    Real jobs are constantly being stifled by over-regulation. The EPA, is in bed with environmentalists and is constantly making life miserable for any type of real work i.e. mining, oil drilling, etc. They hit at all levels of production. In California for example... The small independent gold dredger got put out of production in 2009 by a Northern California Indian tribe (Klammath Indians) and a group of environmentalists. Suction Gold Dredging had been going on in California for over 60 years with no harm to the environment (surviving multiple environmental impact reports) but all it takes is a lawsuit to tie things up for years! It's the same thing that is done to the oil companies only on a smaller scale. By the way... The Suction Gold Dredging ban was just about settled when Governor Jerry Brown stepped in last May and tacked on another 5 year ban.. The next environmental report should be on starving miners! Thanks-James

    November 15, 2011 at 5:53 pm |
  263. Bud Pratt of Punta Gorda, Florida

    When Republicans finally read the handwriting on the wall and realize the warning is addressed to them.

    If not then, Then after they are replaced with rational people.

    November 15, 2011 at 5:53 pm |