The above details the breakout in percent of employed by sector. Education and Health plus Government is in excess of 34%, approaching 35%. In April of 2005 it was less than 30%. That is the key to some of our problems. These tax dependent non value producing jobs eat up our financial resources.
In contrast Manufacturing is less than 10%. Thus if we look towards manufacturing to support us then we see almost 4 people living off the labor of one!
Leisure alone is 10%!
Finally we have a depiction of this change below;
Again this depicts some of the issues. The solution, reduce Government, make Education more efficient, it is the most inefficient element of the economy and move health care to a free market approach. Otherwise watch the collapse!
The above is a clear indication of the problem. Note that Government has increase 5% and Ed and Health 15% of the relative total employment base. Construction, Manufacturing and Information have cratered. The tale is one of the number of people working to pay for those on the dole is now less than 2! More people are getting paid by those who create value. In New Jersey local police average $92,000 pa and bus drivers in some towns get in excess of $84,000. In addition they get pensions and unlimited life time health care! So we wonder why there is a problem.
Now if we look at the actual numbers we see the following:
which is the Government related job profile. The bump up in Government was the census. The rest is the loss in state and local government workers. Health and Education has exploded.
The core value creating jobs show decreases as we show above. The is no sign of growth other than in mining.
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