Down, down, down….

There just isn’t much to add to the graph shown above. People the Bureau of Labor Statistics counts as employed make up 58.45 percent of the civilian noninstitutionalized population aged 16 or older. That’s still higher than the 57.88 percent level for 1983.

By the way, Shadow Government Statistics estimates unemployment now exceeds 22 percent. Oh, and as for that claim we keep hearing about how the rate of job loss keeps decreasing? The truth is a little more mixed but on the whole, the situation this year is worse than last year:

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