US life expectancy at birth was 60.8 years in 1921. US life expectancy at birth was 77.8 years in 201. Thus, life expectancy has increased by a year every 6 years over the last century. (Source: CDC)
Employers created 559,000 new job in May, dropping the unemployment rate to 5.8%, it average rate since modern data collection began in 1948. From 1980-1999 the average was 6.5%, from 2000-2019 it was 59%. Prior to Sars-Cov-2 it was 3.5%, and the jobs deficit remains 7.6 million short of the 2/20 pre-pandemic peak. Indicating workers are hard to get, the labor force participation rate fell from 61.7% to 61.6%.
From 3/13/20, the date of President Trump’s declaration of national emergency due to the pandemic, through 6/10/21, our country’s national debt has increased by $4.8 trillion in 15 months, rising from $23.4 trillion to $28.2 trillion. (Source: Treasury Department)
HEADING OUT OF TOWN
Between 7/01/19 and 6/30/20, 5 of the 10 largest cities in the Unites States saw their population decline- New York City, Los Angeles, Chicago, Philadelphia, and San Jose. (Source: Census Bureau)
THAT’S NOT HOW IT WORKS
If the total net worth of all Americans ($136.9 trillion as of 3/31/21) was evenly divided among all households in the nation (125.9 million households as of 3/31/21), then every household in the United States would have been worth $1.1 million as of 3/31/21. (Source: Federal Reserve)