Monday, June 11, 2012

It figures

U.S. unemployment rate has been above 8 percent for 40 months in a row.

In 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

When Obama first took office there were 2.7 million long-term unemployed Americans.  Today there are twice as many at 5,400, 000

88 million working age Americans are not employed and not looking for employment. That is an all-time record high.

100,000,000 - Overall, there are more than 100 million working age Americans that do not currently have jobs.

53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed

20,000 workers recently applied for just 877 jobs at a Hyundai plant in Montgomery, Alabama.

In 2010, 2.6 million more Americans fell into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

The poverty rate for children living in the United States is 22 percent.

48 percent of all Americans are either considered to be "low income" or are living in poverty.

46,405,204 is the number of Americans currently on food stamps. When Obama first entered the White House there were only 32 million Americans on food stamps.

25 million American adults are living with their parents.

42 percent of all American workers are currently living paycheck to paycheck

40 percent of all Americans say that they do not have enough money to live comfortably.

Consumer debt in America has risen by a whopping 1700% since 1971.

Credit card debt among Americans in the 25 to 34 year old age bracket has risen by 81 percent since 1989.

$4300 is the amount by which real median household income has declined since Obama entered the White House.

86 percent of Americans workers in their sixties say that they will continue working past their 65th birthday

 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement.

49.1 percent of all Americans live in a home where at least one person receives benefits from the government.

The United States now ranks 93rd in the world in income inequality





However,  it isn't all bad for some:

The wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

The 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

The average CEO now makes approximately 350 times as much as the average American worker makes.

The 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

$361,330  is what the average banker in New York City made in 2010

Source

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