41% of working age americans are not working

Discussion in 'Economics & Trade' started by taxrentonly, Feb 23, 2014.

  1. taxrentonly

    taxrentonly Banned

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  2. OldManOnFire

    OldManOnFire Well-Known Member

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    Check out this information on the Labor Force Participation Rate;

    http://data.bls.gov/timeseries/LNS11300000

    And if you read these government projections;

    http://www.bls.gov/opub/mlr/2013/ar...orce-participation-rate-continues-to-fall.htm

    You will see the labor force participation rates continue to decline. Can't find the data now but a few months ago I read a government projection out to 2050 and I think the rates were dropping to the 40-50% ranges...which is huge!

    I continue to advocate that if the 315 million Americans cannot consume ourselves into economic prosperity...then we'd better figure out how to greatly expand exports to service the other 6.9 billion consumers on planet Earth...
     
  3. tkolter

    tkolter Well-Known Member

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    I'm not sure if that number is right many I know can't find an over-the-table job so are working under-the-table for cash and getting by, there is work there if one is willing to work for less than the minimum wage or find a way to make money using your skills.
     
  4. Regular Joe

    Regular Joe Well-Known Member

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    This is all a big experiment conducted by the NWO people, to see how much work force is really necessary to maintain a desired level of exchange.
     

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