- \n
- Part time employed for economic reasons: 8.931 million people<\/strong>: people who want a full-time job but can’t get one.<\/li>\n
- Part time employed for non-economic reasons: 18.184 million people<\/strong>: School, training, retirement or Social Security limits on earnings, but also childcare problems and family or personal obligations.<\/li>\n
- “Not In Labor Force”: 85.2 Million people<\/strong>.BLS:“Not in the labor force (NILF). A person who did not work last week, was not temporarily absent from a job, did not actively look for work in the previous 4 weeks, or looked but was unavailable for work during the reference week; in other words, a person who was neither employed nor unemployed.”<\/em><\/li>\n
- 112 million people in America are either unemployed, underemployed or “Not in the labor force”. This represents 46% of working age Americans. <\/strong><\/li>\n<\/ul>\n
Add\u00c2\u00a0 the unemployed of 14 million with the 112 Million people above who are ( underemployed, working part time or “Not in the labor force”) , you get 126 Million people
\n<\/strong><\/span><\/p>\nThat represents 53% of working age Americans. <\/span><\/h2>\n
Which means….
\n<\/span><\/h2>\nOnly 47% of working age Americans have full time jobs<\/strong>.<\/span><\/h2>\n
Compare this to the complete BS “official” unemployment rate of 9.4%.<\/p>\n
How many more layoffs can this country handle?<\/p>\n
This link from yahoo tells of State financial troubles and potential layoffs that are coming.<\/p>\n
http:\/\/finance.yahoo.com\/news\/State-workers-to-suffer-cnnm-2123391290.html?x=0&sec=topStories&pos=4&asset=&ccode=<\/p>\n
If the largest employer in our country, our Government, is starting layoffs because they have too much debt because they couldn’t afford these workers in the first place(deferred pensions) then what does that say for the outlook of our country.\u00c2\u00a0 Only 47% of our workforce is working full time.\u00c2\u00a0 This has to hit home at some point.\u00c2\u00a0 States laying off 5-10% of their workforce will crush this country.<\/p>\n
The Fed printing money can only save the stock market for so long.\u00c2\u00a0 Day trading algorithms are driving up the stock market combined with free money from the Fed (POMO).\u00c2\u00a0 Who is going to catch the falling knife when they turn these machines in the other direction?\u00c2\u00a0 If you are still holding your long term portfolio at that point then it is no one’s fault except yours.<\/p>\n
- Part time employed for non-economic reasons: 18.184 million people<\/strong>: School, training, retirement or Social Security limits on earnings, but also childcare problems and family or personal obligations.<\/li>\n
![\"\"](\"http:\/\/www.cheapiv.com\/wp-content\/uploads\/pinkslip.png\" "\\"pinkslip\\"")
<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"