employment-population ratio Archives

Close To Half Of All Working Age Adults In The US Do Not Have A Job Right Now

Jun 30, 2020 | Economic Collapse

There is a lot of talk about the “unemployment rate” these days, but the way that it is calculated has become so convoluted that it is not really that meaningful anymore. Even during the so-called “good times”, more than 100 million U.S. adults were not working,...

Nearly Half the U.S. Population is Without a JOB

Jun 29, 2020 | Economic Collapse

The employment-population ratio — the number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless. As the induced shutdown tore through the labor market, the share of population employed...