How to Fix the Economy in 13 Easy Charts

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http://www.alternet.org/economy/how-fix-economy-13-easy-charts

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Economic Policy Institute’s top charts of 2013 explain why a full economic recovery and policies that ensure broadly shared prosperity should be policymakers’ foremost priorities in 2014.




In November 2013, the labor market had 1.3 million fewer jobs than when the recession began in December 2007. Further, because the potential labor force grows every month, the economy would have had to add 6.6 million jobs just to preserve the labor market health that prevailed in December 2007. Counting jobs lost plus jobs that should have been gained to absorb potential new labor market entrants, the U.S. economy had a jobs shortfall of 7.9 million in November 2013.

Adapted from: “ Recession Has Left in Its Wake a Jobs Shortfall of Nearly 8 Million,” an EPI Economic Indicator updated Dec. 6, 2013, on www.stateofworkingamerica.org



One of the best measures of labor market health is the share of 25- to 54-year-olds with a job. Looking at 25- to 54-year-olds instead of the entire working-age population provides more certainty that the trends we see are being driven by reduced demand for workers and not supply-related factors such as retiring baby boomers or increased college enrollment of young people. This ratio deteriorated dramatically through late 2009, essentially stalled for two years, and improved modestly over the last two years. But the 75.9 percent share of 25- to 54-year-olds with a job in November 2013 is identical to the share at the official end of the Great Recession in June 2009.

Adapted from: “ Drop in Employment for ‘Prime-age’ Workers during 2007 Recession Truly Stunning,” an EPI Economic Indicator updated Dec. 6, 2013, on www.stateofworkingamerica.org

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1. K&R....

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2. kick

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3. "They" have this "Jobless Recovery" scam down pat.

They know exactly what to do.

Income gap widest ever: 95 Percent of Recovery Income Gains Have Gone to the Top 1 Percent
http://www.slate.com/blogs/moneybox/2013/09/10/one_percent_recovery_95_percent_of_gains_have_gone_to_the_top_one_percent.html



And NOW thanks to the brilliant Political Scam called "The "Sequester",
NO politician from either Party has to accept ANY responsibility for the cutting of Programs that help the 99%.
BOTH Republicans and Democrats are pointing fingers at each other and claiming Plausible Deniability.

[font size=3] "Its not MY fault!
I didn't cut those programs.
The Sequester did it!!!"[/font]


Nothing just happens by accident in Washington.
You will know them by their WORKS.