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Old 11-05-2018, 07:41 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by NewNick View Post
Very simple indeed Paul.

The US needs the labour.
So why have wages flat lined for decades?

Quote:
The US Bureau of Labor Statistics has a second measure of unemployment that includes workers who have been discouraged and out of the labor force for less than one year. This rate of unemployment is 8.2 percent, double the 4.1 percent reported rate.

The US government no longer tracks unemployment among discouraged workers who have been out of the work force for more than one year. However, John Williams of shadowstats.com continues to estimate this rate and places it at 22 or 23 percent, a far cry from 4.1 percent.
I can forgive you for your mistakes. Seeing how the $billionaires make sure you don't get the real news. Getting Americans back to work in jobs that pay better is good for your economy. But bad for $billionaires.
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