26 October 2013
Still no Jobs Recovery
In September 2012, the employment to working age population percentage was a low 58.8%.
In September 2013, the employment to working age population percentage is a low 58.8%.
These are the non-seasonally adjusted Household Survey numbers from the BLS.
This is perfect stagnation, continuing the general stagnation in employment going back to 2010 in this never-ending Great Socialist Recession. This will continue to be the story at least until some time in 2017, assuming that a Democrat is not elected into the presidency to replace Obama. Even then, we have to hope his replacement will actually begin a program to reign in the growth of government and end many of the anti-business, anti-energy, and anti-medical care policies now in place.
In September 2013, the employment to working age population percentage is a low 58.8%.
These are the non-seasonally adjusted Household Survey numbers from the BLS.
This is perfect stagnation, continuing the general stagnation in employment going back to 2010 in this never-ending Great Socialist Recession. This will continue to be the story at least until some time in 2017, assuming that a Democrat is not elected into the presidency to replace Obama. Even then, we have to hope his replacement will actually begin a program to reign in the growth of government and end many of the anti-business, anti-energy, and anti-medical care policies now in place.
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