Sunday, February 3, 2013

An Interesting Ratio

The above shows the total employed in core industries, namely those producing something, and those in non Core, namely Government, Health, Education, those we pay for now out of taxes.

The ratio of Non Core to Core is now 46%, it had peaked at 48.5% during the peak of the Recession. That means we have almost one person being supported by two workers. But we have gone from 41% to 46%. That in just five years!

This is a metric that causes me great concern. Especially since the only time I was in the funded by Core part was as a Lifeguard working for the City of New York.