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Thread: Shock employment figures: Fewer than 46% of Americans have jobs

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    Shock employment figures: Fewer than 46% of Americans have jobs

    The percentage of Americans who have jobs has fallen to the lowest point in three decades and now hovers just above 45 percent of the total population, according to an analysis of labor data published by USA Today.

    *Snip*

    "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," the paper noted.
    http://www.rawstory.com/rs/2011/04/1...ans-have-jobs/

    Soooo, basically, less than half of the population is supporting everyone else. Anybody see any problem with this?

    Another change: the bulk of those not working has shifted from children to adults.
    http://www.usatoday.com/money/econom...abor-force.htm
    Last edited by X Factor; 04-15-11 at 12:02 AM.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by X Factor View Post
    Shock employment figures: Fewer than 46% of Americans have jobs | The Raw Story

    Soooo, basically, less than half of the population is supporting everyone else. Anybody see any problem with this?
    what has that rate been historically?
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by StillBallin75 View Post
    what has that rate been historically?
    I added the USA Today link. At it's highest point it was something like 49.9%, being at less than 46% hasn't happened since 1986 (or something like that). One difference now, though, is that it's more adults who are not working instead of children.
    Last edited by X Factor; 04-15-11 at 12:08 AM.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by X Factor View Post
    I added the USA Today link. At it's highest point it was something like 49.9%, being at less than 46% hasn't happened since 1986 (or something like that). One difference now, though, is that it's more adults who are not working instead of children.
    Yeah it is concerning that an increasing aging population will rely on the younger generation to provide for it.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by StillBallin75 View Post
    Yeah it is concerning that an increasing aging population will rely on the younger generation to provide for it.
    Well, theoretically, the older folks are just getting out of Social Security what they already paid into it, right? So the problems not retirees so much as it is younger people who aren't working and aren't paying taxes (and, in fact, are supported by taxes).
    Last edited by X Factor; 04-15-11 at 12:16 AM.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by X Factor View Post
    Well, theoretically, the older folks are just getting out of Social Security what they already paid into it, right?
    And that's the nub of it. It's unsustainable, yet it is also somewhat unfair to curb the benefits for those who qualify, seeing as they've paid into it and think that they are entitled to all of the benefits. I would be pissed too.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by StillBallin75 View Post
    And that's the nub of it. It's unsustainable, yet it is also somewhat unfair to curb the benefits for those who qualify, seeing as they've paid into it and think that they are entitled to all of the benefits. I would be pissed too.
    Don't mean to quibble but it's not that they think they're entitled to it, they are entitled to it. I'm sure they saw that big chunk taken out of their check when they were working. They should get out of it what they paid in.
    Last edited by X Factor; 04-15-11 at 12:22 AM.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by X Factor View Post
    Don't mean to quibble but it's not that they think they're entitled to it, they are entitled to it.
    Yeah I agree, my wording wasn't the best choice. All i'm saying is that the situation sucks.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by StillBallin75 View Post
    Yeah I agree, my wording wasn't the best choice. All i'm saying is that the situation sucks.
    Agreed. I've actually heard of people arguing for "means testing" (I think that was what it was called) for SS. If that means what it sounds like, that's crap.
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    Re: Shock employment figures: Fewer than 46% of Americans have jobs

    Quote Originally Posted by X Factor View Post
    Agreed. I've actually heard of people arguing for "means testing" (I think that was what it was called) for SS. If that means what it sounds like, that's crap.
    It means that since Social Security in its current form is unsustainable, the beneficiaries should be tested for their "means," i.e., need. People who need more (people who have less means) will get more, people who don't need as much (people with more means to take care of themselves) will have their benefits cut.

    I'm not sure how I feel about the whole issue yet. There is no question SS needs to be reformed if it is to remain sustainable.
    Last edited by StillBallin75; 04-15-11 at 12:36 AM.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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