Thursday, September 22, 2011

THE SAD STATE OF WORK IN AMERICA: The Young Sit Idle, The Elderly Work Forever

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The US Census Bureau released fresh data today, including some grim charts that put our depressing labor situation in perspective.

Here's the takeaway: The labor force has stagnated. If you haven't lost your job you'll probably keep working for long past retirement. If you're young and don't have job (nor work experience) you won't be finding one for a long time.

We have a few details on this troubling situation.

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