Husband says "well, I did my part to cut the unemployment rate." Wife says "you got a job?" Husband says "no, I went on disability."The economy added 88,000 jobs in March and the unemployment rate dropped to 7.6%. The bad news is 500,000 people left the labor market. Only 63.3% of potential workers actually have a job. That’s the lowest labor market participation since 1979 according to IBD. If you include those who have given up looking for a job the unemployment rate is 11.1%.

In 1968 there were 51 full-time workers for every 1 on disability. In January 2013 that ratio is 13-1.

One Response to Unemployment

  1. David HIll says:

    I pray that you, your husband, and children develop crippling illnesses! Maybe then your joke will be funny. Yes, I’m SURE it will.

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