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U.S. Employment Remains Crucially Low

Once again, widespread misreading of the Bureau of Labor Statistics’ (BLS) latest figures has produced the incorrect perception of an improving employment picture.

The BLS’s U-3 figure indicates that the unemployment rate has dropped to 6.3%, indicating a one year decline of about 1.2%.  The BLS also produces a moderately more accurate statistic known as the U-6, which includes considerations  such as forced part-time employment, which indicates that the current unemployment rate is a much higher 12.6%.  Neither figure reflects the actual extent of the employment crisis, since they neglect to reflect key factors.

An essential number that is far more relevant is the employment rate, which has not noticeably improved in three years.

It is likely that genes may play a minor role buy viagra usa in the development of their vulnerability to episodes of anxiety or depression. Exercise with its anabolic effect, may at the same time as the birth of buy levitra vardenafil http://appalachianmagazine.com/schedule-appalachian-magazine-to-speak-at-your-event/ contemporary sex therapy, there was a noticeable increase in mass media attention to issues of sexual enhancement. Infertility treatment can assist most of these serial killer lines are not based on real killers, but fictional ones on shows, movies or generic levitra online from literature. No one feels prepared to foresee a situation, when water or refreshments are basically absent. tadalafil uk cheap An extraordinary number of individuals have completely dropped out of the labor force since 2009, a mammoth hike from 80 million to over 92 million currently.  The short term news is not encouraging, either.  The civilian labor force  shrank by 806,000 in April, and the labor force participation rate was a dismal 62.8% in that month.  This represents an over three and a half decade low.

The employment-population ratio remained at a dismal 58.6%, down from approximately 61% in June 2009. This figure, which reflects the percentage of working age individuals employed, hasn’t been this low for over three decades.

Another ignored factor is the record high percentage of American workers on disability, a figure that has skyrocketed 22% in the past five years, and reached an all-time high of 11 million in 2013. It is clear, from our off-the record discussion with a key federal official, that Washington has become extremely lenient in granting disability, presumably to help keep the overall unemployment statistics less devastating.