Only 45.4% of Americans had jobs in 2010

18 Apr 2011 13:17 #1 by BearMtnHIB
An Obama Economy.....

The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.

Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000. Last year, just 66.8% of men had jobs, the lowest on record.

The bad economy, an aging population and a plateau in women working are contributing to changes that pose serious challenges for financing the nation's social programs......

Another change: the bulk of those not working has shifted from children to adults.

Source;
http://www.usatoday.com/money/economy/employment/2011-04-13-more-americans-leave-labor-force.htm?loc=interstitialskip

Now- Who is John Galt?
It hasn't been this bad since Carter left the economy in shambles.

Please Log in or Create an account to join the conversation.

18 Apr 2011 13:36 #2 by OmniScience
That's an interesting article. I never would have guessed it was that high.

I like this quote

"We're getting richer. We can afford things. We just need to fix what needs to be fixed."

Not sure who "We" is. There's a lot of folks with a lot of debt.

Please Log in or Create an account to join the conversation.

18 Apr 2011 13:47 #3 by Martin Ent Inc
And about 25% of those were Illegal migrant workers, or on temporay passes
working at meat packing companies across the US,,, LOL

Please Log in or Create an account to join the conversation.

18 Apr 2011 14:15 #4 by FredHayek
So the looters now outnumber the producers and demand that the rich should pay even more?

And of the per cent who are working, how many are in goverment or indirectly working for goverment? We are Greece!

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

18 Apr 2011 14:17 #5 by Martin Ent Inc
Only if the rich aren't lawyered up.

Please Log in or Create an account to join the conversation.

18 Apr 2011 14:30 #6 by BearMtnHIB
Yep- the looters now outnumber the producers.

Your exactly right.

Just a few more years- if I can make it that long, I'm going to stop producing myself - well at least as far as paying taxes is concerned.

Just don't want to be supporting the looters.

Please Log in or Create an account to join the conversation.

26 Apr 2011 20:56 #7 by kresspin
So the number of people holding jobs is 45.4%? That's only 4% off the all-time high in 2000, according to your article. Clinton was president then.

I'm betting there are more retired people now that at any other time in U.S. history too.

As for the "looters outnumbering the looters" comment.. since the all-time high was 49%, it appears to have ALWAYS been that way. Nothing new here. Move along.

Please Log in or Create an account to join the conversation.

Time to create page: 0.130 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+