Wednesday, July 31, 2013

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (DP: Worth the time to read the linked pieces!)

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Only 47% of Adults Have Full-Time Job. “If today the same proportion of Americans worked as just a decade ago, there would by almost nine million more people working. Just in the last year, almost two million Americans have left the labor force. With a majority of the population not holding a full-time job, it isn’t surprising that economic growth has been so weak.”
Related: 54 Months: Record Stretch of 7.5%+ Unemployment Continues. “Since January 2009, when Barack Obama was inaugurated as president, the United States has seen 54 straight months with the unemployment rate at 7.5 percent or higher, which is the longest stretch of unemployment at or above that rate since 1948, when the Bureau of Labor Statistics started calculating the national unemployment rate.”

 by Glenn Reynolds

No comments:

Post a Comment