Friday, May 25, 2012 – by Staff Report, Daily Bell
100 Million Americans Without Jobs ... The national unemployment rates gets lots of attention, and lately more attention has been paid to the workforce participation rate since more Americans have given up looking for a job, but we can also see that an astounding 100 million Americans don't have jobs ... According to the April jobs report, the number of jobless American stood at 100.9 million. – Business Insider
Dominant Social Theme: We're going through a rough patch but things will be all right.
Free-Market Analysis: There are 300 million people in America including 230 million-plus adults, according to US Census figures. This article, above, informs us that only 130 million Americans have jobs as traditionally defined in the 20th and 21st century.
The statistics actually come from the federal government and, of course, not all of the 100 million Americans out of work want jobs or need jobs. Some are retired, or stay-at-home parents or students at universities or individuals with disabilities who are not able to work.
Read More
No comments:
Post a Comment