Jim Hightower: Chilling Reality--America's Worsening Jobs Crisis

[Yo_Mama]

34. The statistics I cited are from the Household survey

which counts you as "working" even if you are picking up cans for recycling money, or mowed a lawn for $5 dollars. The real picture is WORSE.

This is a link to BLS data not carried on St, Louis Fed Fred:
http://www.bls.gov/webapps/legacy/cpsatab8.htm

Check the box for non-seasonally adjusted non-ag wage and salary workers (which pulls out all those considered working who are looking for scrap, etc). Scroll down and click "retrieve data". You will get a table. Look at the number of the jobs in April 2007. Note that we have not come back to the levels of 2007. Six years and still a decline in jobs. Now check the graph indicator and change the start date to 1948 and then click the "Go" thingie. We have never had a post recession period where this number was so long in returning to the prior level before.

This hasn't happened since the GD.

This is the civilian labor force:


We need to have wages rise, but they don't rise because we have so many unemployed and underemployed people.

We are getting poorer because of the the lack of jobs:


And this has never happened since the GD either.