The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.
Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000. Last year, just 66.8% of men had jobs, the lowest on record.
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.
This ratio of employed to unemployed, ultimately, is the problem in America. It’s why people feel like things are getting worse, in record numbers. Idleness is the great ill of society today. We’re not doing much to combat it, just hoping that things will slowly get better while moving on to other issues. But all the issues are connected. You can’t have a federal budget in balance, to the extent that you’d even want one, with 27 million adults not working.
http://firedoglake.com/This is what a jobless recovery looks like.... Lot's of people thrown out of their jobs, and the bankers making record profits....
We have to sake ourselves why would we allow a jobless recovery? Those with money and a job tell us that this is the way things have to be.... But I say Bull Shit....