Monday, June 16, 2014

New Normal: Labor Force, Employment, and Population April 2008 vs April 2014

Mish's Global Economic Trend Analysis: Labor Force, Employment, and Population April 2008 vs. April 2014: "In the core age 25-54 age group, the population is down 1,053,000 but employment is down a whopping 4,614,000. Thus, in the 25-54 age group, roughly 3,561,000 people are not working who should be working. The figure is higher if you include other age groups. Clearly things are not close to normal." (read more at link above)

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