« Oh Dear Lord: Obama's New Time-Wasting, Decision-Dodging, Leadership-Defaulting Deficit Commission Just Like The Old One, Except Now It's Headed Up By... Chatanooga Choo-Choo Biden | Main | More Obama Punting To A Commission: Medicare Board Is Supposed To Do All The Rationing and Death Paneling He Won't Propose As Law »
April 14, 2011

Obamanomics: Workforce Smallest Since Reagan; Men Have Lowest Employment Rate On Record

Hope and change.

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 is bad. Get me a Bipartisan Commission, stat!

“What’s wrong with the economy may be speeding up trends that are already happening,” says Marc Goldwein, policy director of the Committee for a Responsible Federal Budget, a non-partisan group favoring smaller deficits. For example, job troubles appear to have slowed a trend of people working later in life, putting more pressure on Social Security, he says.

Another change: the bulk of those not working has shifted from children to adults.

In 2000, the nation had roughly the same number of children and non-working adults. Since then, the population of non-working adults has grown 27 million while the nation added just 3 million children under 18.

What's surprising is that the media reported this. At least USAToday did.


digg this
posted by Ace at 05:34 PM

| Access Comments




Recent Comments
Count de Monet: "Damn. Nolan Ryan's a fat, bald, old guy! Posted ..."

Christopher R Taylor: "Falling Down is a terrific movie. Great acting by ..."

Robin Ventura: "[i]Damn. Nolan Ryan's a fat, bald, old guy! Pos ..."

Duke of Righteous WTF?: "A movie with a hidden baseball theme is "Cannery R ..."

Anna Puma (HQCaR): "You have seen they have remade [i]Flatliners[/i], ..."

tcn in AK: "Yes, the damn Yankees must lose. And then the Astr ..."

mnw: "She looked damn good in Pretty Baby. Anybody who ..."

scrood: "Wait a minute.  When did Morons get picky abo ..."

Ashley Judd's Puffy Scamper, aka MrCaniac: "Not crazy about Sarandon, but she was smoking hot ..."

Deplorable Ian Galt, still loving the Cubs, trying not to jinx the Asstros: "One fascinating little documentary I saw on Netfli ..."

logprof: "576 Jacob's Ladder was really good, I agree. Incre ..."

Christopher R Taylor: "[i]And Mario van Peebles needed his screen-time cu ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64