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http://www.bls.gov/news.release/pdf/famee.pdf
So 20% of all families have no employment from any member.
What is more concerning is how the numbers didn't hardly change from 2012 data, yet we are constantly being told the "recovery" is working. Unless the numbers of single workers is drastically higher, I see nothing changed in terms of "recovery". So how are the employment numbers?
The government tells us that the official unemployment rate is about 7 percent, but that number is almost meaningless at this point.
A number that is much more useful is the employment-population ratio. According to the employment-population ratio, the percentage of working age Americans that actually have a job has been below 59 percent for more than four years in a row. Yeah, great recovery.
Throw em all out of office. Corrupted congress has led us down a bad path.
Of the nation's 80.4 million families, 80.0 percent had at
least one employed member in 2013.
So 20% of all families have no employment from any member.
The share of families with an employed member was unchanged at 80.0 percent in 2013.
What is more concerning is how the numbers didn't hardly change from 2012 data, yet we are constantly being told the "recovery" is working. Unless the numbers of single workers is drastically higher, I see nothing changed in terms of "recovery". So how are the employment numbers?
The government tells us that the official unemployment rate is about 7 percent, but that number is almost meaningless at this point.
A number that is much more useful is the employment-population ratio. According to the employment-population ratio, the percentage of working age Americans that actually have a job has been below 59 percent for more than four years in a row. Yeah, great recovery.
Throw em all out of office. Corrupted congress has led us down a bad path.