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To: SeekAndFind
From ZERO HEDGE:

It is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to
88,419,000.  This is the highest on record. The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.

Labor force participation Rate:

People not in labor force:



3 posted on 05/04/2012 6:37:49 AM PDT by SeekAndFind
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To: SeekAndFind

http://confoundedinterest.wordpress.com/2012/05/04/a-very-european-jobs-recovery-u-s-labor-force-participation-falls-to-63-6-88-4m-not-in-labor-force-teenage-unemployment-rises-to-22-8/

Found this on Zero Hedge. Some additional charts and tables that show how BAD things are getting.

It it a EUROPEAN jobs recovery. that is, a SOCIALIST job recovery.


5 posted on 05/04/2012 6:44:49 AM PDT by whitedog57
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To: SeekAndFind
We will all be Julia. Our last job, working in a community garden.
6 posted on 05/04/2012 6:47:35 AM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: SeekAndFind
The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.

Related to this is the fact that legal and illegal Mexicans and others from Central America have been returning to the motherland south of the border at rates that exceed the illegals heading north. And its not just illegal aliens heading home: I've read several articles over the last few weeks about young legal Indians and Chinese - some of whom were born here to immigrant parents -- moving to India and China because of the abundance of entrepreneurial opportunities.

19 posted on 05/04/2012 7:18:13 AM PDT by Labyrinthos
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