Ted Rall for December 02, 2013
Transcript:
People are giving up on the job market. The result: the labor force participation rate is falling. (Woman: Grace, formerly from Bizdev. She's waiting out the economy in grad school. "Philosophy?!") This is why, even though there are no new jobs, the unemployment rate is falling. At this rate, U.S. Employment will be zero by the year 2065. (Robot: "Laid off" you are. So will unemployment (Woman: My head hurts.) (Man: It helps if you think of economics as a metaphysical religion. Can I have your coffee?)