One of the many things government is good at is collecting demographic information and statistical data. And I’ve found that if you dig through the mountains of data that is available on line you can learn some interesting things. For instance, while spending a hot afternoon digging through some Bureau of Labor Statistics data I ran across a table titled Employment / Population Ratio, and the June 2011 figure was 58.5%.
In effect there were slightly less than 6 adults out of 10 who worked at a job during the month of June. That is the lowest employment percentage seen since 1981, when we were coming out of the Carter presidency.
Yet we are told that the unemployment rate is 9%.
No comments:
Post a Comment