The US government has been killing jobs and workers through a slew of regulations that have little to do with how people actually work.
The new government data reveals that the number of people employed by US businesses has declined in the past decade, with the number working part-time as the most common occupation in 2015.
While some of the job losses may be due to automation, many of them have to do more with the way the US works.
These regulations have been passed and implemented at the same time that the economy has been growing at an annual rate of 3.2% over the past three decades.
“This is not a time to celebrate a jobs recovery,” President Donald Trump said at his January State of the Union address.
The numbers are not encouraging.
The US has added about 7.3 million jobs since the year 2000, but according to data from the Bureau of Labor Statistics, more than 2.1 million of them were lost between 2016 and 2019.
There were 2.3m Americans who left the labor force during the same period, and that’s still a fraction of the workforce, according to a Brookings Institution report.
The jobs data shows that there’s been a sharp decline in the number and wages of workers.
A report released earlier this month by the Economic Policy Institute, a liberal think tank, said the US is now “facing a serious labor shortage” and said the “current employment situation may not be sustainable in the long term.”
While these numbers are bad news for those working for the US government, it is still an improvement from the depths of the Great Recession in the early 2000s.
This has been the worst economic downturn since the Great Depression, which lasted from 1929 to 1933.
The recession is still hurting, and unemployment is at 10%.
However, the number that have lost their jobs in the last two decades are far fewer than in the 1920s and 1930s, when unemployment rates were far higher.
During that time, more people were working for their families, and people were able to afford food and shelter.
In the 1920’s and 1930’s, the majority of workers were in the service sector, and they were generally more skilled at the time.
In contrast, in the decade of the 1990s and 2000s, the vast majority of people who worked for the government were in higher paying jobs.
“The vast majority, if not all, workers who lost their employment are the workers who had to take jobs that were more likely to pay higher wages,” says the Brookings report.
“We’re facing a serious job shortage,” said President Donald J. Trump, January 16, 2019.
“Our unemployment rate is now nearly seven times higher than it was at the height of the great recession.”
However, there is good news to report.
According to the Bureau’s official data, the total number of employed Americans increased from 7.6 million in the year 2008 to 9.1 billion in 2019.
The overall number of Americans who were in employment grew by 2.5 million during the year.
The Bureau’s data does not distinguish between people who are currently working and people who have retired.
That means that the jobs lost during the Great Work recovery have not been replaced by jobs created.
“In the short run, these numbers will reflect the economy’s strength, not the weakness of the economy,” said the Brookings analysis.
However, as the chart below shows, these jobs are still being created in the form of more jobs in more industries, including retail, food service, manufacturing, healthcare, and education.