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Americans filed for unemployment last week alone that is 5000 more people than a week before.
But lost in the endless stream of ugly economic numbers a cultural catastrophe.
Nearly six and a half million Americans have been without a job for more than a year.
The concern now they are becoming unemployable.
In the fast paced global business community leaving potentially an entire generation.
Of men and women facing the notion that they might never find meaningful work again.
And today we have put together a panel to share their observations on what America's going through right now -- -- get through each of them as quickly as I can't I wanna start with you.
Larry officials and small business owner.
There is an interest -- -- by Nina Easton of fortune magazine talking about how employers aren't hiring in part because they feel the crash she says.
-- regulations from you know health care to Dodd-Frank and so on.
Is that it for you -- -- do you tell me.
That is if this administration is killing jobs we need to bring back the American dream and the way to bring back the American dream is to have a true council on jobs.
And that's repealing obamacare.
Sarbanes Oxley Dodd franks the EPA.
Lowering the corporate tax rate.
It's small business that creates 70% of the jobs we want to hire the best investment in -- business -- people.
So what we need to do was -- taxation in the regulations or needs to be a plan in place if you put that plan -- -- select trickle down economics work.
As it should.
That's the problem -- Griffith you're of their professional in a marketing for rain.
You you lean left -- -- you supporter President Obama yes what do you think would hear -- say those things.
I I think about.
The just that American jobs going overseas you know why is -- okay for businesses to outsource and take our jobs especially a time like this that's so crucial.
And given to people overseas didn't do that to do with regulatory -- -- is -- something else and I mean I think that it's I think personally I think it's an accountant.
The administration before and how that's trickled down.
You know the the war Barack and.
That -- -- sense that with the jobs going overseas jobs going overseas is -- over regulation right now of the Obama administration.
If you put rules in place to bring back we want to bring manufacturing back to the US creates more -- rob I wanna get here rob that's your president manage payroll service well -- spent the last thirty years figuring out how to not manufacture things in the United States -- -- rights fights spots and manufacturing the reality is.
What we've been talking about is regulation over regulation I run a small business and has about 35 employees might payroll service company has thousands of small business clients.
They tell me every single day without lifting regulations for small businesses and making the money available to them to expand their businesses it's not gonna happen.
That's thirty billion dollars that was supposed to be went out.
Would you jump Obama jobs bill in 2010.
Only a billion has -- -- -- less than 700 community banks added the 7000 that have available and it's getting.
Money let me ask you Kelly Nickels here and expected mother and an actress I -- shaking.
Your head yes in agreement.
With Arianna what do you what do you think is to blame here.
Well I feel like it's been a long time coming because the previous administration but also because there haven't been -- -- with the current as -- current administration that we would like to see and as an actor and consistently under -- -- -- -- what you think his people always talk about -- -- the next generation of children that that they are getting the short end here V rack up these enormous debts and people they unemployment continues his parents and -- you -- -- -- solution to that.
I mean I want to put a change of administration you like President Obama you trust him to turn this thing around.
I like him and I trust him but He better get a move on because honestly it's something that we thought of when we were having kids it's like what's gonna be there for them.
When they get to -- old enough are they gonna have a good college education and if they do how -- -- -- to be rewarded with with Neil minimum wage jobs all over the industry are will they have to compete with people.
Who have you know who have.
Who who are from my generation they're trying to get those -- right so right if that's the situation here in Allentown -- -- you -- music because your recent college grad and the job seeker.
-- -- going.
It's stuff I have to say but present has a bachelor's degree and still struggling to get a job in.
In my feel -- work and a and it's it's difficult to figure you get on that by allies and selling them thinking mother brother and my program in -- has -- that's going to be difficulty as well what's you degree landing.
It's media communication needs me occasions I mean would you.
At this point considered you're taking a job at Starbucks to get a job at Barnes and over your friends thinking about doing that kind of as but justices dissented saying what the -- jobs at once.
Yes -- a lot people are talking about the city I'll ask you -- -- -- -- founder of educators for excellence for teacher and mentor.
Do you think -- has a point that now we're gonna have a generation of people who feel sort of a gentleman ladies about -- employment options because they're missing at home not holding their teaching school skills or other skills because this unemployment rate by thinking.
Out of an interesting point about how to educate the future generation coming and and so that leads us to the current situation -- and with.
Monetary constraints that -- -- we make sure that every child has an excellent teacher in front of them this past year we face.
Tremendous threats of layoffs across the country how did you learn about getting she was going on Wisconsin is on me did you feel like it that you know cutting back on teachers' benefits is not the way.
Well I think it's about you know -- sixteen where the money -- is right now we are back floating in the way we pay teachers how to incentivize teachers to perform.
Throughout their career -- -- -- shifted to the way we compensate teachers and reevaluate that the salary structure and you know we would have more money to move it around front attention Chris handy in the in the -- to back -- professionally tech in the tech industry.
Is that you know people like -- they're getting an education -- we we are giving them a good education a lot of cases and yet they still can't get jobs.
I think there's a big disconnect with their -- people come out of school on what this in the workforce and an overseas they've been.
A lot of education to doing science and technology that is getting them farther and that's where a lot of the outsourcing -- gone but do you feel like it -- America's losing in in your industry because others are better educator -- we're not mean providing a business friendly environment they're really the point now where people are.
Seeing the work that other countries have been doing -- the last 1015 years to get them out -- buffalo another anew with people what do we do here I was so that education going back to teaching going back to school kids and everything that.
-- go -- pat -- the founder and CEO Powell financially I I don't think we have so much the job and his we session as we have the skills depression.
If you look at -- until under the unemployment -- what you'll see is those without a high school diploma have unemployment rates in excess of 13%.
As you get a -- for the -- he's still above the national average.
But actually get a little bit a college and -- belt.
You'll find that your under the average the average for the nation and if you have a college degree -- nationwide numbers your unemployment -- four point 2%.
We have -- skills problem in this in this country and -- not solving it and with all due respect to the people who are on this panel.
When you're going and you get and we and we want to be an actor.
Right that's not with the job czar and He wants to on the in television I think you probably know there and very few jobs in television so you've prepared and let's take it.
Prepared yourself for jobs and there's very few jobs and -- engineering jobs they go wanting you can't find engineers to fill them because we have the people with the wrong.
Killed -- one and one that one of the things that I want to touch on is when your recent college graduate.
I think people are forgetting the big picture here that if you get a job and let's -- get a job at 35000 but starting salary year and a half ago would have been 55000.
Your lifetime earnings in the money that you had to spend in the marketplace just went down dramatically so what's happening right now he's just be sucking sound coming even if you're capable of getting the job.
Your lifetime earnings are being damaged and that hurts them I -- get -- -- Diaz who is a corporate trainer manager of bartender at kudos.
There's also the suggestion that.
What what was happening in this country now is that -- have out of a sense of empathy and wanting to take care of our fellow Americans which are all laudable goals we've now made independent too dependent on unemployment benefits and so on -- folks are trying -- Less hard because this step the stats show that the longer you can get unemployment benefits the longer you gonna stay on unemployment what are your -- -- in the food service industry you have jobs.
The problem is -- -- of people eating for the people that are eating her spending -- -- it's got -- that.
What what -- -- here's -- gets trickle down economics because if people go out and get jobs and you get rid of the taxation and over regulation on its candidates -- all get into the system do you think you're gonna get -- demand.
And the educate you think that's true Chris good at that and put -- is not an expensive place to -- you tell me people are cutting that in their budget well what happened is we have the same amount of people coming through the door.
But they don't spend as much so the server or the bartender whoever makes less money and and they don't want spend.
One of the concerns about -- that I have about Americans is we want a cheaper product so what do we do instead we outsource jobs because we won't pay that much for.
XYZ computer we have to outsource to another country before that -- use it.
And we have an.
How many people plan on voting for President Obama if you care to say and the next election believe He can get this economy turned around.
So once 34 of lilies on offense depends on if she gets -- job and having people say now now.
Evenly -- split up from pretty much along party lines I should tell our viewers as well interesting panel thank you also much I appreciate you being here thank you.
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