JOB CREATION NR 1 PRIORITY IN THE U.S.
Job creation is the number one issue facing U.S. in regard to economic growth, sustainment and prosperity. Jobs do not create jobs, businesses do, especially small businesses. Unfortunately, America is focused on big business and government employment solutions that have not been very effective growing the U.S. labor force. In fact, the U.S. labor force is in a state of decline as evidenced by the eroding middle-class and the transformation from full-time to contingency workers.
35% of all Americans financially support the rest of the country. As of 1 July 2016, out of a U.S. population of 324 million,
- 112 million in the private sector labor force – this is largely the 1 out of 3 supporting the rest of the country
- 32 million government workers – this is supported from funding coming from tax revenues
- 94 million not in the labor force – these are people that can work but are not looking (Retires 41 million)
- 70 million cannot work – this is mostly children
- 16 million unemployed – looking for work and unable to find a job
The U.S. economy is not sustainable with only 35% supporting an overhead of 65%. The growing contingent labor force, which consists of mostly lower paid wage earners, makes the overhead burden even more precarious. More people with livable wages and greater discretionary income must be productively engaged in the private sector labor force for the U.S. economy to flourish.
Add new comment