Nearly Half of the US is Unemployed By Charles Taylor

     This cannot end well; soon nobody is going to have a job, and we will be forced to eat the socialists!
  https://www.dailymail.co.uk/news/article-8474819/Nearly-half-U-S-population-without-job.html

“Nearly half of the U.S. adult population is without a job, as the number of Americans filing for unemployment remains high and reopening in several states is slowed because of high levels of new coronavirus cases. According to the Bureau of Labor Statistics, the employment-population ratio for May 2020 shows that just 52.8 percent of the adult population was employed last month. This means that 47.2 percent of adult Americans are jobless despite a surprising surge in jobs in May. The employment-population ratio highlights the number of employed people as a percentage of the U.S. adult population, creating a broader picture of the rate of employment across the country. While the unemployment rate only includes those actively looking for a job, this ratio accounts for those not in the labor force and those discouraged about their prospects of finding a job.”

     Great Depression 2.0 is a heart beat away. If the corona madness goes into round two, which seems to be happening, then we are in completely uncharted territory.

 

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Friday, 26 April 2024

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