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From The BLS: In 20% Of US Families, No One Works

From CNS News:

BLS: In 20% of American Families, No One Works

By Ali Meyer | April 28, 2014

(CNSNews.com) – In 20 percent of American families in 2013, according to new data released by the Bureau of Labor Statistics (BLS), not one member of the family worked… In 2013, there were 80,445,000 families in the United States and in 16,127,000—or 20 percent–no one had a job.

The BLS designates a person as “employed” if “during the survey reference week” they “(a) did any work at all as paid employees; (b) worked in their own business, profession, or on their own farm; (c) or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family.” …

Of the 80,445,000 families in the United States in 2013, there were 7,685,000—or about 9.6 percent—in which at least one family member unemployed.

The BLS has been tracking data on employment in families since 1995. That year, the percent of families in which no one had a job was 18.8 percent. The percentage hit an all-time high of 20.2 percent in 2011. It held steady at 20 percent in in 2012 and 2013…

And then there is this, also from CNS News:

Men Who Work Full-Time Earn Less Than 40 Years Ago

By Terence P. Jeffrey | April 28, 2014

(CNSNews.com) – The real median income of American men who work full-time, year-round peaked forty years ago in 1973, according to data published by the U.S. Census Bureau.

In 1973, median earnings for men who worked full-time, year-round were $51,670 in inflation-adjusted 2012 dollars. The median earnings of men who work full-time year-round have never been that high again.

In 2012, the latest year for which the Census Bureau has published an estimate, the real median earnings of men who worked full-time, year-round was $49,398. That was $2,272—or about 4.4 percent—below the peak median earnings of $51,670 in 1973.

In 1960, the earliest year for which the Census Bureau has published this data, the median earnings for men who worked full-time, year-round were $36,420 in 2012 dollars. Between 1960 and 1973 that increased $15,250—or about 41.9 percent.

By comparison, the real median earnings of American women who work full-time year-round peaked in 2007, when women who worked full-time earned $38,872 in constant 2012 dollars. From 1960 through 2007, the real income of American women who work full-time increased $16,774 or about 76 percent.

From 2007 to 2012, the real earnings of women who work full-time declined $1,081, or about 2.8 percent…

These two reports might help explain why Messrs Carville and Greenberg are telling Democrat candidates to avoid talking about the ‘R Word.’ The supposed recovery.

This article was posted by Steve Gilbert on Tuesday, April 29th, 2014. Comments are currently closed.

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