40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy
There is no use sugar-coating it.
The U.S. economy is collapsing.
The following are 40 bizarre statistics that reveal the truth about the collapse of the U.S. economy....
1 - According to one shocking new survey, 28% of U.S. households have at least one member that is looking for a full-time job.
2 - A recent Pew Research survey found that 55 percent of the U.S. labor force has experienced either unemployment, a pay decrease, a reduction in hours or an involuntary move to part-time work since the recession began.
3 - There are 9.2 million Americans that are unemployed but that are not receiving an unemployment insurance check.
4 - In America today, the average time needed to find a job has risen to a record 35.2 weeks.
5 - According to one analysis, the United States has lost 10.5 million jobs since 2007.
6 - China's trade surplus (much of it with the United States) climbed 140 percent in June compared to a year earlier.
7 - This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.
8 - According to a poll taken in 2009, 61 percent of Americans "always or usually" live paycheck to paycheck. That was up significantly from 49 percent in 2008 and 43 percent in 2007.
9 - According to a recent poll conducted by Bloomberg, 71% of Americans say that it still feels like the economy is in a recession.
10 - Banks repossessed 269,962 U.S. homes during the second quarter of 2010, which was a new all-time record.
Read them all:
http://thetruthwins.com/archives/40-bizarre-statistics-that-reveal-the-horrifying-truth-about-the-collapse-of-the-u-s-economy
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