Tuesday, 17 December 2013

Since Dec 2012, 373,000 more over 65's have jobs because they cannot afford to retire


http://data.bls.gov/timeseries/LNU02000097

This accounts for one third of the 1.1 million more people that now have a job since December 2012.

The media are reporting that 195,000 jobs per month have been added during 2013.
This is completely untrue.

Only 727,000 more of normal working age (16 to 64) people now have jobs compared to December 2012.
This equates to 60,000 per month.
Far lower than the 150,000 to 180,000 new jobs per month required to keep up with population growth.



 

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