Or it's just basic math. The Congressional Budget Office had projected an underlying growth rate in the labor force of a 0.7% in 2011 which calculates out to about 1,050,000 jobs per year or just under 90,000 jobs in order to keep pace with population growth. Now that is just to keep pace, that...
In 2000 the US population was 281M, 12 years later it is 313M. That's a difference of 32M people. Unless we figure out a way to drastically increase the number of jobs that are out there in a manner that can keep pace with the growing population the number of unemployed will continue to grow...
In 2000 the US population was 281M, 12 years later it is 313M. That's a difference of 32M people. Unless we figure out a way to drastically increase the number of jobs that are out there in a manner that can keep pace with the growing population the number of unemployed will continue to grow...
I have been in an ongoing argument with a friend J. Stein as to what the structure of Fannie Mae was prior to 2008 in terms of government involvement. He believes the government has always ran the corporation since its inception, despite countless sources showing in 1968 they became publicly...