posted on May, 25 2012 @ 01:53 PM
100 million Americans don’t have jobs. The statistic looks at members of the "civilian over-16 non-institutional population who are either
unemployed or not part of the workforce." The article goes on to note: "That’s an all-time record and it’s an increase of 26.2 million over the
last 12 years. It’s as if we absorbed the entire adult population of Canada and not a single person had a job".
More at source: Business Insider
That's a lot of people. Given that the population of the whole country is a little over 300M. Its more than 1/3 when you consider its eligible adults.
Now there are people over 65 who are retired but even so it makes you wonder how long an economy can remain viable if this many of its people are
idle. What kind of rough social fabric are we knitting here?
edit on 5/25/2012 by Leftist because: (no reason given)