"The following are 35 shocking statistics that prove that things have gotten worse in America....
#1 Median household income in the United States is down 7.8 percent since December 2007 after adjusting for inflation.
#2 There are 5.6 million less jobs than there were when the last recession began back in late 2007.
#3 The U.S. government says that the number of Americans "not in the labor force" rose by 17.9 million between 2000 and 2011. During the entire decade of the 1980s, the number of Americans "not in the labor force" rose by only 1.7 million.
#4 In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent. Today, the unemployment rate for that same age group is about 13 percent.
#5 In 2007, 73.2 percent of all young adults between the ages of 18 and 24 that were not enrolled in school had jobs. Today, that number has declined to 65 percent.
#6 Back in the year 2000, more than 50 percent of all Americans teens had a job. This past summer, only 29.6% of all American teens had a job.
#7 When Barack Obama entered the White House, the number of "long-term unemployed workers" in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.
#8 The average duration of unemployment in the United States is nearly three times as long as it was back in the year 2000.
#9 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#10 According to the Obama administration, about 20 percent of all jobs in the United States were manufacturing jobs back in the year 2000. Today, about 5 percent of all jobs in the United States are manufacturing jobs.
#11 Sadly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.
#12 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.
#13 The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.
#14 About twice as many new homes were sold in the United States in 1965 as are being sold today..."
at http://www.marketoracle.co.uk/Article33499.html
#1 Median household income in the United States is down 7.8 percent since December 2007 after adjusting for inflation.
#2 There are 5.6 million less jobs than there were when the last recession began back in late 2007.
#3 The U.S. government says that the number of Americans "not in the labor force" rose by 17.9 million between 2000 and 2011. During the entire decade of the 1980s, the number of Americans "not in the labor force" rose by only 1.7 million.
#4 In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent. Today, the unemployment rate for that same age group is about 13 percent.
#5 In 2007, 73.2 percent of all young adults between the ages of 18 and 24 that were not enrolled in school had jobs. Today, that number has declined to 65 percent.
#6 Back in the year 2000, more than 50 percent of all Americans teens had a job. This past summer, only 29.6% of all American teens had a job.
#7 When Barack Obama entered the White House, the number of "long-term unemployed workers" in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.
#8 The average duration of unemployment in the United States is nearly three times as long as it was back in the year 2000.
#9 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#10 According to the Obama administration, about 20 percent of all jobs in the United States were manufacturing jobs back in the year 2000. Today, about 5 percent of all jobs in the United States are manufacturing jobs.
#11 Sadly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.
#12 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.
#13 The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.
#14 About twice as many new homes were sold in the United States in 1965 as are being sold today..."
at http://www.marketoracle.co.uk/Article33499.html
