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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: zax who wrote (885029)9/4/2015 12:30:12 PM
From: jlallen2 Recommendations

Recommended By
locogringo
one_less

  Read Replies (3) | Respond to of 1576925
 
Facts are stubborn things.....

Yup....everyone is working according to you and Obozo....LOL!!

You've been grubered again!!

Record 94 Million Americans Not In The Labor Force; Participation Rate Lowest Since 1977


Submitted by Tyler Durden on 09/04/2015 09:56 -0400

While the kneejerk headling scanning algos are focusing on the seasonally-adjusted headline monthly NFP increase which came in a worse than expected 173K, the presidential candidates - especially the GOP - are far more focused on another data point: the labor force participation rate, and the number of Americans not in the labor force. Here, they will have some serious ammo, because according to the BLS, the main reason why the unemployment rate tumbled to the lowest since April 2008 is because another 261,000 Americans dropped out of the labor force, as a result pushing the total number of US potential workers who are not in the labor force, to a record 94 million, an increase of 1.8 million in the past year, and a whopping 14.9 million since the start of the second great depression in December 2007 while only 4 million new jobs have been created.





To: zax who wrote (885029)9/4/2015 1:39:32 PM
From: Brumar89  Respond to of 1576925
 
The unemployment rate is a matter of statistics .... after enough time, people are simply counted as discouraged. Then there's the growth in part time jobs.