Forum Post: Labor Participation Rate at over 10 Year Lows
Posted 11 years ago on April 5, 2013, 8:49 a.m. EST by OTP
(-203)
from Tampa, FL
This content is user submitted and not an official statement
Either given up or now permanently on welfare. This isnt a good trend.
30 states still have official unemployment rates of over 7% and 7 have rates over 9% including New Jersey and California.
http://www.bls.gov/web/laus/laumstrk.htm
We can only imagine what the true unemployment rates are and can sure see the suffering. It doesn't have to be this way. There is plenty of money to go around. Any economic system that has as much money it in as this one, with so much concentration at the top, is an abject failure and should be scrapped. We need to start over. We need a humane economic system that puts people over profit.
Why go to work when I can get a government handout. Somebody else can go to work.