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Jobless? Things Could be Worse!

13 January 2010 381 views No Comment
Jobless? Things Could be Worse!
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Today’s economic climate doesn’t leave much room for inspiration. Unemployment statistics paint a pretty grim picture. However, those of us who are without a job have a great deal of things to be grateful for. This article will help paint a clearer picture so we can see our situation from a new perspective.

Out of pure luck, we were each given the chance to live in America. Today, many question if that is a good thing or not. However, recent studies assure us that there are still few better places to live in the world. This is true even for the unemployed. The U.S. Department of Labor’s “A Chartbook of International Labor Comparisons” studies 22 countries on a number of key points related to labor and pay. Their findings are very surprising.

Give me unemployment: In many parts of the world, the average hourly income is less than $10 an hour. People living in Mexico for instance have an average hourly salary that works out to be about the same as $2.50 in the US. When working, many people in the world make less money than US Citizens do while drawing unemployment.

Looking for a job isn’t THAT bad: Most of us dedicate 60 to 80 hours some weeks searching, applying, or just worrying about that next job. This work can be the most exhausting job of all. However, I’ll take the occasional 80 hour a week job hunt over gainful employment in other countries. This temporary over working pales in comparison to labor in Mexico or Korea. In each of these countries, below minimum wage jobs come with a requirement to work a minimum of 100 hours more per year than our average 40 hour work week.

Employment Tax rates: Each of us knows we will be back to work at some point in time. However, in many other nations, employment is curse more than anything. In Germany, the average person pays more than 50% of their salary to taxes. Combined with longer hours and lower pays, I’m sure many German citizens would quickly opt for a US unemployment check.

Joblessness sucks, but there are worse things to life without a job. This data is no excuse to skip out on the job hunt, but hopefully it will serve to keep your current strife in perspective.

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