Our nation's debt is literally indenturing our children to our international debt holders, but most Americans don't care because they are more concerned about the latest saga involving Snooki on Jersey Shore rather than what really matters, our country’s future.

Monday, January 24, 2011

Only 47% Of Working Age Americans Have Full Time Jobs


By Ilargi on The Automatic Earth.

VK, roving reporter for The Automatic Earth, has been playing with the numbers from the January 7 employment report issued by the U.S. Bureau of Labor Statistics. It seems valuable to look at unemployment from this, a different, angle. Some of it may even surprise you.

The total non institutional civilian labor force (Americans 16 years and older who are not in a institution -criminal, mental, or other types of facilities- or an active military duty) is reported as 238.889 million. Of these, we see:

* Employed: 139.206 million people (58.3% of labor force)
* Unemployed: 14.485 million people (6.1% of labor force)



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