A Record 95.5 Million Americans Not in the Labor Force:Â One-third of Working Americans Supports the other two-thirds
While the news headlines seem uniform in their championing of the employment market we have another stat that shows an interesting story. There are now a record 95.5 million Americans that are not in the labor force. These are people that for all intents and purposes, are no longer considered part of the employment market. […]
Top 10 Largest Occupations in the United States Dominated by Jobs that pay $20k to $30k a Year.
The American economy has slowly compressed the middle class into a minority group. When the manufacturing sector slowly eroded away, waiting in the wings to replace those higher paying jobs was low wage service sector employment. Now as it turns out the top 10 largest occupations in the United States are occupied by low wage […]
Millennials are worse off than their parents: Millennials earn 20% less than baby boomers at same stage in life.
It is now official that Millennials are worse off than their parents. The Federal Reserve released a study showing that Millennials are as broke as we suspected. According to the figures released Millennials earn 20% less than baby boomers did at the same stage in life. This is a major reason why so many Millennials […]
Record 95.1 million Americans not in the labor force. The challenge of having an army of non-working adults.
The year definitely ended with a bang and the number of Americans not in the labor force is now at a record high as well. 95.1 million Americans are now floating in the “not in the labor force†category that finally got some mainstream attention in 2016. This is a big deal because you have […]