Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (129398)	4/9/2012 10:51:12 AM
From: JakeStraw	3 Recommendations Read Replies (1) of 224649

>>Without those job losses, unemployment would be at 8% Kenny Troll face the facts & stop with your spin... Any improvement in the unemployment rate hasn’t come from jobs growth, but from those workers who are no longer counted. More people fell out of the labor force and were not counted by the Bureau of Labor Statistics—more discouraged workers. The “labor participation rate” measures all people in the working age population (from ages 16-64) who are actually employed. In January, the rate hit a 30-year low of 63.7%; that is, only 63.7% of the people who can work and want to work are actually working. In March, it fell again. Let’s express this in other terms. The number of people that are no longer considered part of the labor force by the Bureau of Labor Statistics has reached a record in March of over 88.3 million people! If more people are falling out of the labor force, it is because jobs are becoming harder to find. The U-6 unemployment rate is over 14%.

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