Well, I'm not exactly unemployed, but the wife and I each work part time jobs that together bring in one sixth to one eighth of my previous income. (And no, you do not keep the house or the car that's not paid off based on that kind of income reduction)

If you are unemployed or under employed and have been sending out hundreds of resumes and wondering why you have not found a job this is probably why: (From Huffpo)

"Still waiting for a response to the 300 resumés you sent out last month? Bad news: Some companies are ignoring all unemployed applicants.

In a current job posting on The People Place, a job recruiting website for the telecommunications, aerospace/defense and engineering industries, an anonymous electronics company in Angleton, Texas, advertises for a "Quality Engineer." Qualifications for the job are the usual: computer skills, oral and written communication skills, light to moderate lifting. But red print at the bottom of the ad says, "Client will not consider/review anyone NOT currently employed regardless of the reason."

In a nearly identical job posting for the same position on the Benchmark Electronics website, the red print is missing. But a human resources representative for the company confirmed to HuffPost that the The People Place ad accurately reflects the company's recruitment policies.

"It's our preference that they currently be employed," he said. "We typically go after people that are happy where they are and then tell them about the opportunities here. We do get a lot of applications blindly from people who are currently unemployed -- with the economy being what it is, we've had a lot of people contact us that don't have the skill sets we want, so we try to minimize the amount of time we spent on that and try to rifle-shoot the folks we're interested in."

There are about 5.5 (My add--that's way low. The last retail job interview I had was where I was one of SIXTY people being INTERVIEWED. I was culled from an applicant pool of hundreds) people looking for work for every job available, according to the latest data from the Labor Department.

Sony Ericsson, a global phone manufacturer that recently announced that it would be bringing 180 new jobs to the Buckhead, Ga. area, also recently posted an ad for a marketing position on The People Place. The add specified: "NO UNEMPLOYED CANDIDATES WILL BE CONSIDERED AT ALL." When asked about the ad, a spokeswoman said, "This was a mistake, and once it was noticed it was removed."

Ads asking the unemployed not to apply are easy to find. A Craigslist ad for assistant restaurant managers in Edgewater, N.J. specifies, "Must be currently employed." Another job posting for a tax manager at an unnamed "top 25 CPA firm" in New York City contains the same line in all caps....................."

Also, any time you apply for a job via a computer terminal or online the company you are applying to routinely uses screening programs to cull potential employees. I have many years of retail sales and management experience, but since I am well over forty, I am basically unemployable in retail management due to my age.

Bottom line is if you are unemployed the above article makes it clear you are wasting your time looking for work at a company you do not have a personal contact with. So, what do you do when your unemployment benefits run out? (Or, if you were self employed--such as yours truly-- and get no unemployment benefits and have to dumpster dive for food)

The answer is that you starve to death. This will create some new job openings as some folks will get hired to remove the corpses.