Tag Archives: employment

Decline and Fall (Maybe) January 1, 2011

The Happy New Year Edition (with some good news about 2011)

Michael Collins

The best thing about 2010 is that it’s over. It was a year filled with utter stupidity, mendacity, and greed beyond all bounds on the part of our rulers, also known as The Money Party. Lots of fiddling while Rome and the rest of the world burned. Knowledge is power and among the ruling elite in the United States, the power was off. Somebody forgot to pay the bill or paid with a bad check, no doubt.

A Decade of Job Stagnation In 2000, 135 million citizens were employed. In 2010 there were 139 million Americans employed. Given the 9.7% increase in population since 2000, we would expect to see at least 148 million citizens with jobs. Nobody much wants to talk about this or the true unemployment figures produced by the US Census called “U6”. That measure accounts for, “Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.” Bureau of Labor Statistics
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