The US Economic system By the Numbers

With current economic figures for the U.s. suggesting the recovery is extremely weak. I've pointed out several figures beneath which display deficiency of progress which continues to be made ever since 2007 when growth started to falter:

Thirty Per cent - Would be the volume of unemployed individuals that happen to be jobless for a 12 months or longer. Way back in 2007, this was only ten %.

Forty-eight Percent - The proportion of people in the United states of america who might be identified as on reduced earnings or are beneath the poverty line.

60 Per-cent - A recent poll by Gallup asked people whether or not they'd adequate income to live comfortably. Solely 60 per cent of the people answered that they had.

Eighty one Per cent - Within 2 decades, bank card financial debt amongst young men and women, in between 25 and 35 within the United states of america, has risen by a staggering Eighty one percent.

23 facilities - The amount of manufacturing factories that were closed down on a daily basis for the duration of the year 2010.

Seventy one Percent - Company confidence is so minimal that practically three quarters of small enterprise proprietors feel that the growth inside the Usa continues to be negligible and also the economy is still effectively in recession.

53 Percent - Above a half of university graduates beneath Twenty-five are either without a job or not in full time work.

$1.74 - The quantity that fuel prices have gone up since Barack Obama became President of the United states.

Forty - The unemployment in the United states is above 8% for the last 40 straight months.

Sixty three Percent - Almost 2 / 3 of all Americans believe the US economic system is broken and demands mending.

Twenty-two Percent - A quarter of youngsters in the U.s. live in poverty.

Thirty five Per-cent - The proportion of simply how much home prices have dropped since the beginning of the economic downturn.

61 % - The quantity of the united states sovereign financial debt that's currently being serviced by the Federal Reserve.

42 Percent - An incredible 42 % of Americans do not have a dependable salary and are having to pay their bills dependant on their following paycheck.

Forty-nine Percent - Half of all American households have a minimum of one member who is taking benefits from the state.

32 Per cent - Benefits along with other dollars supplied by the government to citizens has increased by a third ever since '08 when Obama became US President.

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