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No new jobs outside healthcare and government

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Author Topic: No new jobs outside healthcare and government  (Read 188 times)
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atalante
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« on: November 02, 2011, 08:15:01 am »

73% of the US workforce in 1998 (i.e. 91.6 million jobs in 1998) were in the job category "Private sector, minus Healthcare".  But the total number of US jobs in this category has actually decreased in the 13 years since 1998 (see Table 1 for details).  All the US social programs that are financed by a Payroll Tax on the private-sector (such as Social Security and Medicare) are becoming progressively more insolvent BECAUSE private sector employment stopped growing 13 years ago.   i.e. When US social programs were young, they were designed around the assumption that US goods production would be growing (not shrinking). 

Table 1   
PERCENTAGE CHANGE IN VARIOUS US EMPLOYMENT SECTORS FOR 1998 THROUGH SEPT 2011

Healthcare services employment                + 39%   gained 5.6 million jobs
Government employment (Fed,State,Loc)   + 10%    gained 2.1 million jobs
All private sector employment                    +   3%   gained 3.3 million jobs
Private Sector, minus Healthcare               -    2%   lost 2.3 million jobs
Construction employment                          -  10%   lost 0.6 million jobs
Manufacturing Industries employment         -  33%   lost 5.8 million jobs

adapted from BLS data:   ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
« Last Edit: November 02, 2011, 08:30:07 am by atalante » Report Spam   Logged

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Volitzer
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« Reply #1 on: November 02, 2011, 02:30:09 pm »

Of course gotta keep the American Globalist class healthy.  Funny how there's always money for that and all the un-Constitutional Wars America engages in.    Shocked
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