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A LOT IN A FEW - Of the 524 bank failures that have occurred in the USA during the 10 years ending 6/30/17, more than half have occurred in just 4 states. 51% of the total bank failures (269) have taken place in Georgia (92), Florida (72), Illinois (65) and California (40). 9 US states had zero bank failures in the last 10 years (source: Federal Deposit Insurance Corporation).
CUT IN HALF - There were 6.98 million out-of-work Americans as of 7/31/17. There were 14.60 million out-of-work Americans as of 7/31/09 (source: Department of Labor).
GETTING PAID IN DIFFERENT WAYS - Wages paid to "state and local" government workers have increased +37% in the last 15 years (through 6/30/17), less than the +41% increase enjoyed by workers in the private sector over the same time period. However, benefits (e.g., pensions, health insurance) for "state and local" government workers have increased +84% over the last 15 years while benefits have increased just +55% for workers in the private (source: Department of Labor).
SIGNIFICANT - 19% of the US population is currently receiving a monthly benefit payment from Social Security, i.e., 61 million out of 326 million Americans (source: Social Security).
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