4.14.2011

Unemployment Nation

What a recovery!
The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.

Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000. Last year, just 66.8% of men had jobs, the lowest on record.

How's that working out for tax revenues if so many Americans either can't find a job or don't want to work? Did you know that Obama's budget projects a 65% increase in tax revenues over the next four years?

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