The New American Dream: No Jobs For The Young, No Retirement For The Old

Wednesday, July 8, 2015
By Paul Martin

by Charles Hugh-Smith
ZeroHedge.com
07/08/2015

We shouldn’t wonder why people are working into their 70s–we should wonder why anyone retires, assuming they’ll still be receiving their full pension in five years.

You may have seen a variation of this chart of employment in the U.S. by age group. This chart–courtesy of mdbriefing.com– shows the number of those employed (with any kind of job–full-time, part-time, self-employed) as a percentage of the Civilian Noninstitutional Population (CNP), which includes everyone 16 years of age and older who is not institutionalized or on active duty in the Armed Forces.

The Rest…HERE

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