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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject4/28/2003 11:15:32 AM
From: TigerPaw  Read Replies (1) of 769670
 
Uncounted numbers of workers Bushed during Junior's recession.
nytimes.com

More than 74.5 million adults were considered outside of the labor force last month, up more than 4 million since March 2001, the Department of Labor says. They are people who fall outside the government's definitions of either employed or unemployed: they do not hold jobs, but they also have not gone out seeking work within the past month.

...

Most people dropping out of the labor force are men, the Labor Department says, and the number of black men not looking for work has risen particularly sharply. Teenagers who were drawn into the labor force in large numbers in the late 1990's have also left it recently at a rapid pace. But frustration with the economy has cut across almost every demographic group. For the first time since the 1960's, the proportion of women in the labor force has declined over an extended period. In March, 60.6 percent of women 20 and older were in the labor force, down from 61 percent in March 2001.
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