Posted on 08/04/2017 8:02:34 AM PDT by george76
Labor Department's Bureau of Labor Statistics said the economy added 209,000 jobs in July; the number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record; the number of Americans counted as not in the labor force, meaning they don't have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation's unemployment rate also dropped a tenth of a point, to 4.3 percent.
The labor force participation rate.. was 62.9 percent in July, slightly better than it has been in recent months, but still close to its 38-year low of 62.4 percent in September 2015. (The record high ws 67.3 percent in 2000.)
In July, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 255,151,000. Of those, 160,494,000 participated in the labor force by either holding a job or actively seeking one.
The 160,494,000 who participated in the labor force equaled 62.9 percent of the 255,151,000 civilian noninstitutionalized population.
In testimony before Congress in mid-July, Federal Reserve Chair Janet Yellen said the declining labor force participation rate among men of prime working age is a particular concern.
In July, BLS said the participation rate for men 16 and over was 68.9 percent, compared with 73.1 ten years ago and 75.0 percent 20 years ago.
...
Of the 209,000 jobs added in July, gains occurred in food services and drinking places, professional and business services, and health care.
(Excerpt) Read more at cnsnews.com ...
Bad link. Page not found.
These number reflect ONLY those still looking for work. The numbers do NOT reflect those that have STOPPED looking for work.
We REQUIRE another 100,000,000 jobs! This is a trivial amount next to what is needed!
Democrats outraged!
Can anyone please explain to me why, after years of decrying and not believing the “government numbers”, we should suddenly believe them now?
Mostly because they pass the common sense test
The numbers missing are ...
What has happened to the full-time, full benefit jobs vs. the part time, no benefit world ????
Show me the stats
Until we get rid of Obamacare and the exemptions, we wont see employers jumping to provide benefits, like in the rich past.
Just ten years ago, it was the pride of most companies to protect their staff — not anymore.
Thanks!
The big cuts from SCANA because of the nuclear power plant boondoggle will cheer them up some.
Liberal elites are working to crash the markets and destroy our jobs...
Why?
Because shallow twits like Lindsey Graham and Chris Matthews think President Trump doesn’t ‘fit in’ at their phony baloney drawing room soirées...
“These number reflect ONLY those still looking for work. The numbers do NOT reflect those that have STOPPED looking for work.
We REQUIRE another 100,000,000 jobs! This is a trivial amount next to what is needed!”
President Trump addressed that in his rally last night.
Liberal elites are working to crash the markets and destroy our jobs...
Why?
Because shallow twits like Lindsey Graham, Chris Matthews, and David Ignatius think President Trump doesn’t ‘fit in’ at their phony baloney drawing room soirées...
>>>We REQUIRE another 100,000,000 jobs! This is a trivial amount next to what is needed
So you are opposed to people choosing to retire, stay at home with the kids, or seek higher education? Or are you planning to open the gates to new immigrants to fill the 100 million jobs?
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