Labour Force and Human Capital

Question: How many people does it take to make the economy work?

Answer: Only one, and it's me.

Proof:

The population of the United States is 180 million, but there are 64 million over 60 years of age, leaving 116 million to do the work.

People under 21 total 59 million which leaves 57 million people to do the work.

Because of the 31 million government employees, there are only 26 million left to do the work.

Six million in the armed forces leave twenty million workers.

Deduct 17 million State, county, and city employees, and we are left with three million to do the work.

There are 2,500,000 people in hospitals, asylums, and treatment facilities leaving half a million workers.

However, 450,000 of these are bums or others who will not work, leaving 50,000 to do the work.

Now, it may interest you to know that there are 49,998 people in jail so that leaves just 2 people to do all the work, and that is you and me, and I'm getting tired of doing everything myself!

Слова и выражения:

total – составлять в целом

deduct – вычитать

asylum – сумасшедший дом

bum – бродяга, лодырь

jail – тюремная камера

armed forces – вооруженные силы

treatment facilities – лечебные учреждения

Exercise 1

Answer the questions:

1. What is the population of the USA?

2. How many elderly people who do not work live in the USA?

3. How many people serve in the army?

4. How many people are State, county, and city employees?

5. What can one man do for the entire economy to make it work?

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