Friday, June 1, 2012

More Details on Employment

First, above, we see the total base of employment has shrunken, so that 8.2% is optimistic.
This point is made again in the above. The gap of the expanding employable base and those employed is increasing substantially.
The above details this in another manner.
The above clearly shows the drop this past month and it demonstrates the approach of another Recession. What is critical to observe in the above is the employment gap, the net of jobs added less new potential employees added to the work force by growth. It was negative for May, that means job losses, net job losses. In fact over the tenure of the current Administration the net job increases is truly less than the net job losses. Some how the facts must get out there, we are collapsing our work force.