Posted on 10/22/2013 11:32:26 AM PDT by Nachum
(CNSNews.com) - The number of Americans who are 16 years or older and who have decided not to participate in the nation's labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics.
The BLS counts a person as participating in the labor force if they are 16 years or older and either have a job or have actively sought a job in the last four weeks. A person is not participating in the labor force if they are 16 or older and have not sought a job in the last four weeks.
In from July to August, according to BLS, Americans not participating in the labor force climbed from 89,957,000 to 90,473,000, pushing past 90,000,000 for the first time, with a one month increase of 516,000.
In September, it climbed again to 90,609,000, an increase of 136,000 during the month.
In January 2009, when President Barack Obama took office, there were 80,507,000 Americans not in the labor force. Thus, the number of Americans not in the labor force has increased by 10,102,000 during Obama's presidency.
The labor force participation rate, which is the percentage of the non-institutionalized population 16 years or older who either have a job or actively sought one in the last four weeks, was 63.2 percent in September. That was unchanged from August.
(Excerpt) Read more at cnsnews.com ...
The list, Ping
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Judging by the number of young fathers out pushing strollers on Monday morning I have no problem believing this.
He has done a fine job increasing his voting base.
But I thought the just published unemployment figures for September was down to 7.2%
7.2%: those people who were only looking for work on Monday’s and Thursdays.
DEADBEATS! (sarc)
Wait... you’re telling me that nearly 1/3 of Americans are unemployed? Remove another 1/3 due to age or other factors, and you’re left with approximately 100M Americans supporting 200M Americans.
This is painful to even consider.
And half those are working for the government.
But government defined ‘unemployment’ went down!
Great news!
So 50M Americans supporting 300M Americans.
Take out strippers, bartenders, convenience store clerks and taxi drivers, and you're down to 25 million.
Take out gay rights activists, NAACP and other race hustlers, ACORN successor voter fraud consultants, and community organizers, and you're down to 12 million.
Take out attorneys, lobbyists, used car and electronics salesmen, and self-help speakers, and you're down to 5 million.
Take out those who use tax loopholes to avoid any payment of income tax at all, and that leaves JUST YOU AND ME, NACHUM!
And I'm about to take an extended vacation, so keep up the good work!
But who is going to pay for their healthcare?
If the adult population is 250 million, then 90 million unemployed is 36% of the adult population.
So howcum 0bama touts 7.2% lies, lies, lies?
lol
http://www.bls.gov/news.release/empsit.t15.htm
U3 Data: 7.2% (90 mllion people missing)
vs
U6 Data: 14.6% (all factors included)
And yet we have tens of millions of illegal aliens in the labor force. But hey, we're not supposed to connect those dots.
Ogina is "focused on jobs like a laser." Like a LASER, I tell you!
“Thus, the number of Americans not in the labor force has increased by 10,102,000 during Obama’s presidency.”
All by design, Comrade. All. By. Design.
LOL! Good one!
That’s why I snort whenever some lib touts their own righteousness over “sustainability”.
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