Labor Day by the Numbers

Source: Anna Turner, Economic Policy Institute, Fact Sheet, September 3, 2010

– Jobs Needed To Regain Pre-Recession Employment Rate: 11 Million
– Unemployment Rate: 9.6%
– States With Double-Digit Unemployment In July 2010: 11
– Change In Productivity 2002-07: +11%; Change In Median Compensation 2002-07: -0.6%**
– Overall Social Security Benefit Cut From Current Retirement Age Increase (65 To 67): 13%
– Unemployment Rate For Youth (16-24): 18.1%
– Annualized Rate Of GDP Growth, 2nd Quarter, 2010: 1.6%

Note that all numbers are current as of September 3, 2010. States numbers are current as of August 20, 2010.

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