Major trends in politics, ecology & culture
According to the Bureau of Labor Statistics, the share of jobless African Americans in the labor force fell to 7.1%, the lowest level since April 2000. It was 1.5 percentage points down from a year ago 2018
The typical households income rose more from 2014 to 2016 than in any other two-year period on record, poverty declined significantly, and the share of Americans without health insurance fell to a record low. This marks the first time on record, with data back to 1988, that all three measures of well-being improved for two years in a row. 2017
The unemployment rate hit a 16-year low in May 2017
Solar energy booming 2017
Number of housing sales highest in ten years 2017
Slashdot - Major hurricanes and wildfires fueled a record year for costs related to natural disasters in the United States, according to a new report from the National Oceanic and Atmospheric Administration. That report also said 2017 was the third-warmest year in 123 years of record keeping, behind only 2014 and 2012. Natural disasters in the United States cost more than $300 million last year, far surpassing the previous record of $214.8 billion set in 2005,
In a recent GoBankingRates study, 69% of adults admitted to having less than $1,000 in the bank, while 34% said they actually don't have any savings at all. 2017
US healthcare expenditures per capita are double the OECD average and much higher than in all other countries. But there are many fewer doctors and hospital beds per person than the OECD average.
The youth poverty rate in the United States is the highest across the OECD with one quarter of youth living in poverty compared to less than 14% across the OECD. 2018
Estimated portion of Americans born in 1980 who will go on to earn more than their parents did : 1/2 Of those born in 1940 who did : 9/10 2017
America has the highest incarceration rate in the world. Its rate is nearly five times the OECD average. 2018
The Labor Force Participation Rate shows the percentage of the working-age population currently working, based on U.S. Bureau of Labor Statistics data
2000, the LFP Rate was 67.3%
It gets much worse when you consider that roughly 12 million well-paying full-time jobs have been eliminated and replaced with either part-time or below living wage full-time jobs that do not provide healthcare benefits.
Also consider this
- In 2000, there were 168 million more people than full-time jobs (282 million population, 114 million full-time jobs).
- In 2018, there are 201 million more people than full-time jobs (327 million population, 126 million full-time jobs).
...Also consider that the poverty rate is another outrageously fraudulent government statistic, with constantly tweaked methodology, which is built off the ultimate fraudulent statistic, aka the inflation rate.
When you compare the actual cost of living to income, 50% of the U.S. population is presently living in poverty.
Roughly 1/3 of the population has a negative net worth.
Only about 25% generate enough income to cover living expenses without taking on more debt. 2018