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Tuesday, May 15, 2012

As the Boomers Head for the Barn by Patrick J. Buchanan

While the unemployment rate had fallen from 8.2 percent to 8.1 percent, 342,000 workers had stopped looking for work. They had just dropped out of the labor market.

Only 63.6 percent of the U.S. working age population is now in the labor force, the lowest level since December 1981.

During the Reagan, Bush I and Clinton years, participation in the labor force rose steadily to a record 67 percent. The plunge since has been almost uninterrupted.

All the more reason to set up your anytime anywhere income whether you are a perpetual traveler or not.

Posted via email from iPT Perpetual Traveler

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