The only way that can happen is if 10s of millions of people left our country and have not been replaced, or there was a massive increase in deaths, or the Obama government is lying through their teeth.
Oh, I forgot alien abductions.
My vote is Obama and his pathetic lefty administration are lying.
Haven’t you heard, today’s youngsters are moving into the basement in their parent’s or grandparent’s home. They have not left, they are just in hiding hacking into computers and promoting conspiracies.
The ‘labor force’ does not consist of all people between 16 and 65. Many of them are students, housewives, retired, etc.
The BLS definition of the labor force is those people who either have a job or business, or have taken action during the past 4 weeks to find a job or start a business. This is in some ways a judgment call, but there really is no better way anyone can think of to exclude people who for various reasons are not interested in earning money right now.
I'm happy to assume government skullduggery in the meantime.
rather than a “Hockey Stick” Graph, that looks like a golf club. Appropriate since we have a putts (sic) for a POtuS.
Many have become collectors..they are collecting a gmint check.
When they are not busy collecting a gmint check they are in the sign making business...as in, “will work for food” to help suppliment their “free” income.
Don’t be surprized when the MSM reports the economy “unexectentedly crashed overnight” because its been 3+ years in the making.
Excellent graph. I just researched the same thing last week and found they were excluding people for reasons unknown.
About 2 million people each year turn 18, yet, the number of working age people declined under Obama’s administration. This is an outright lie.
My only conclusion if these numbers were right is that the Baby Boomer population is retiring and they are a huge part of the population. However, 10,000 baby boomers have a birthday each day, so that is 3.65 million peope leaving the workforce each year, but many baby boomers are still working well past 68 to make ends meet.
So, we still have a major gaps in the numbers. If baby boomers are working then there are more unemployed than is being counted.
Can someone verify for me if ANY of the images from the BLS website are displaying on their browsers? Neither my Firefox and Chrome browsers show any of the images.