Fewer are working … instead, they’re asking for more from those who do. Uh-oh.

According to USA TODAY

The share of the population that is working fell to its lowest level in three decades.

Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000.

The bad economy, an aging population and a plateau in women working are contributing to changes that pose serious challenges for financing the nation’s social programs.

Job troubles appear to have slowed a trend of people working later in life, putting more pressure on Social Security.

“No matter how wealthy you are, you have a problem if half the population is not working and depending on those who are.”

This entry was posted on April 18, 2011 at 6:45 am and is filed under Employment - Jobs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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