Featured Image: Breadline during the 1930’s depression. Source:Library of Congress(Public Domain)
This is a glowing example of how out of touch these Washington belt workers are. Someone needs to tell those boneheads at the Bureau of Labor Statistics that people are not looking for jobs BECAUSE THERE ARE NONE. They gave up looking years ago. . . EDITOR
A new report by the Bureau of Labor Statistics along with research by the Pew Research Center reveals that a whopping 93% of unemployed Americans aren’t even looking for jobs. The research points to today’s youth being content to receive financial assistance from their parents and to live at home over supporting themselves and actively looking for employment. The Resident discusses.
“Defense spending creates jobs” is an argument that politicians often make to justify the ever-expanding Pentagon budget. A new factory from defense firm Raytheon shows something quite the contrary, though. At one new Raytheon plant, robots are doing most of the work. RT’s Kristine Frazao explains.