The world that you have known will soon be no more.

GREETINGS,

NOW WILL YOU GIVE AN EAR TO THE WORDS OF MESSENGER ELIJAH MUHAMMAD? THE TIME IS SURELY BRINGING ABOUT THE MANIFESTATION OF TRUTH AND THE MORE WE SEARCH, THE MORE WE FIND THAT THIS TRUTH THAT TIME IS MAKING MANIFEST HAS BEEN TRUMPETED BY THAT MAN.

LOOK AT THE DOLLAR. LONG BEFORE THE DOLLAR WAS CONSIDERED TOILET PAPER, WHEN IT WAS ACCEPTED WITHOUT QUESTION, HE TOLD US OF IT EVENTUAL DECLINE. LONG BEFORE INFLATION TOOK ROOT BECAUSE AMERICA NO LONGER POSSESSED HER TREASURETROVE OF GOLD AND SILVER, IT WAS MUHAMMAD WHO LET US KNOW.

HE INFORMED US OF THESE RIOTS AND THE COMING REVOLUTION. HE SPOKE DEEPLY ABOUT THE DESTRUCTION OF HER EDUCATIONAL SYSTEM. ARE WE NOT NOW WITNESSES TO THESE FACTS?

NO JOBS HE SAID…. THERE WILL BE NO JOBS! IS HE LYING? EMPHATICALLY NOT! WE ARE EXPERIENCING THIS NOW. HE SAYS TO YOU…” So this is you…a big, old, grown child, who has been nursed and fed by the white people and sheltered by them and you think you will always have this from them. But No Sir…remember the parable of Lazarus and the rich man. At last, the rich man died and in his death of poverty, he came to suffer the same thing that Lazarus suffered…being deprived of good homes, and luxury of all kinds. This will be taken in this day and time. “–pg.218(O.S.H.A)

No End in Sight to Global Jobs Crisis: UN Agency

SOURCE: CNBC

Fiscal austerity and tough labor reforms have failed to create jobs, leading to an “alarming” situation in the global employment market that shows no sign of recovering, the International Labour Organization said on Sunday.

 

Susan Trigg | Getty Images

In advanced countries, especially in Europe, employment is not expected to return to pre-crisis levels of 2008 until the end of 2016 — two years later than it previously predicted — in line with a slowdown in production.

An estimated 196 million people were unemployed worldwide at the end of last year, forecast to rise to 202 million in 2012 for a rate of 6.1 percent, according to the United Nations agency’s annual flagship report, “World of Work Report 2012”.

“Austerity has not produced more economic growth,” Raymond Torres, director of the ILO Institute for International Labour Studies, told a news briefing.

“The ill-conceived labor market reforms in the short-term cannot work either. These reforms in situations of crisis tend to lead to more job destruction and very little job creation at least in the short-term,” said Torres, the report’s lead author.

Long-term jobseekers are demoralized and an average of 40 percent of job seekers in their prime (aged 25-49) in advanced countries have been without work for more than a year, the report found.

Youth jobless rates have soared, increasing the risk of social unrest especially in parts of Africa and the Middle East.

The labor market overall has deteriorated over the past six months, with a very significant slowdown in the case of European countries, Torres said. Unemployment is growing in a significant number of countries, including more than two-thirds of European countries over the past year.

“The narrow focus of many Eurozone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe,” he said.

“In addition, there is less progress happening in other parts of the world, for example the United States, where progress in reducing unemployment seems to be slowing down and this seems to be a trend,” he said.

Labor market recovery has also stalled in Japan, the report said. Employment rates have stagnated or “double-dipped” in China, India and Saudi Arabia, while Latin America is healthier, marked by improvements in Argentina, Brazil and Mexico.

“Ill-Conceived Reforms”

“The report clearly points to the combination of austerity measures with ill-conceived labor market reforms as the real cause for deterioration happening in Europe and little by little spreading to other parts of the world,” Torres said.

In Spain, unemployment shot up to 24 percent in the first quarter, its highest level in almost two decades and one of the worst jobless figures in the developed world, according to figures issued last Friday. Standard and Poor’s downgraded the government’s debt by two notches……MORE HERE

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