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  1. #1 Cessation of Labor Force Growth since 2008 
    PORCUS MAXIMUS Rockntractor's Avatar
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    Robert Higgs
    Cessation of Labor Force Growth since 2008


    The United States has a long history of population growth and concomitant labor force growth. As the chart below shows, the number of men in the civilian labor force (men either working in paid employment or actively seeking work) increased fairly steadily over the past half-century—at least, until the onset of the current recession.

    For the past five years, however, the number of men in the labor force has fluctuated around a fairly level trend line at approximately 82 million. This cessation of growth came on the heels of a 6-million-man increase during the previous seven years.

    In the post-World War II era, the number of women in labor force grew even faster than the number of men, and also tended to grow fairly steadily. When the current recession began, the female labor force continued to grow, increasing by about a million women between the officially designated beginning and end of the recession (December 2007 - June 2009). In the second half of 2009, however, this grow stopped, and a slight reversal occurred, putting the total on a lower, fairly level trend line throughout 2010 and 2011, albeit still at a higher level than the female labor force had reached before the recession began.

    Read More>http://hnn.us/blogs/liberty_and_power/144959.html

    4 more years, 4 more years, 4 more years, NOT!!!
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  2. #2  
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    Quote Originally Posted by Rockntractor View Post
    Robert Higgs
    Cessation of Labor Force Growth since 2008
    4 more years, 4 more years, 4 more years, NOT!!!
    Who is John Galt?
    Education without values, as useful as it is, seems rather to make man a more clever devil.
    C. S. Lewis
    Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
    Ayn Rand
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  3. #3  
    Best Bounty Hunter in the Forums fettpett's Avatar
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    Quote Originally Posted by AmPat View Post
    Who is John Galt?
    qft
    "Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings..." Patrick Henry
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