Great American Scorecard

American Jobs First Employment status (000s) Aug-17
Civilian population (noninstinl)…  255,357
Civilian labor force………………  160,571
Participation rate………………  62.9
Employed………………………..  153,439
Employment-population ratio  60.1
Unemployed…………………….  7,132
Unemployment rate………..  4.4
Not in labor force……………..  94,758
Source BLS Statistics
U-6: Alternative measure of labor underutilization  8.6
Americans underutilized………..  13,809
Since 1947, the best Employment-population ratio occurred in 2000..  64.4
Jobs needed to match the best Employment-population ratio…  11,011
Root Cause of American Jobs Lost (estimate)
Manufacturing jobs lost since 2000…  5,000
Outsourced jobs lost in last decade..  2,400
Cost-cutting for Shareholder Profit..  3,611
Total American Jobs Lost……..  11,011

 

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