[Jack Hydrazine]

David Stockman Shock Blog: The Real Unemployment Rate Is 42.9%
http://www.freerepublic.com/focus/f-news/3306261/posts

[expat_panama]

OK, we're supposed to have the day off but I couldn't resist.  fwiw, smart traders took the weekend off yesterday (unchanged, lower volume) so HAPPY 4^TH JULY WEEKEND!!!

[Varsity Flight]

Greece + ExtortionCare = U.S.

[WilliamofCarmichael]

Labor force participation rate lowest since the 1970s.. true but from the end of W.W.II through 1976 the rate was lower than that.

From BLS

• Civilian noninstitutional population: Persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.
  
  
• Civilian labor force: All persons in the civilian noninstitutional population classified as either employed or unemployed. [I assume part-time is counted.]

I can see following W.W.II that labor force participation would shrink.

Biggest factor would be females not in the labor force. Can you imagine that.. one spouse working was enough to support a family and pay off the mortgage -- it wasn't just in the movies.

Bureau of Labor Statistics

These tables can be obtained here: go to Bureau of Labor Statistics (BLS) Labor Force Statistics from the Current Population Survey (CPS). Requires Java. Make your selections. I asked for quarterly data and took the fourth (or last available) quarter annualized data from each table.

[ThePatriotsFlag]

Unfortunately, with the real unemployment rate at 42%, this discussion rivals global warming arguments, using the wrong numbers in the premise destroys the reason for the argument. Our government lies equally on employment and global warming. I’m an “Unemployment Denier” and proud of it.

[Stand Watch Listen]

David Stockman Shock Blog: The Real Unemployment Rate Is 42.9%.....Rush Limbaugh.com ^ | June 30, 2015

David Stockman: "There Are No Markets, Just a Raging Casino" ……David Stockman Contra Corner ^ | April 27, 2015

David Stockman Explains The Keynesian State-Wreck Ahead - Sundown In America…Zero Hedge ^ | 10-5-13 |

56,085,000 Women Not in Labor Force; Participation Rate Declines to 56.7%....Cybercast News Service ^ | July 2, 2015

Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000

Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders

Factory Orders Scream Recession: Annual Drop Biggest Since 2008

[ThunderSleeps]

223k jobs? Well, even if I believed that number - which, coming from bammy’s administration I don’t - that doesn’t keep up with the roughly 238k people the US population grew by in that same month.

[P.O.E.]

According to my calculations (+200K jobs, -400K in workforce) that comes to 1 step forward, 2 steps back.

But what do I know?

[PGalt]

Let’s amplify the GRRRRRRREAT NEWS that…”THE UNEMPLOYMENT RATE FELL”.

WARNING! WARNING! WARNING! (only about 200 years old)…

“Everything about socialism is sham and affectation.” - 23.11 Ch23 Evil; Economic Harmonies; Bastiat

What did the students learn this year upon graduation from elementary school, high school, college, Indoctrination U?

More recently (1963)...

17. Get control of the schools. Use them as transmission belts for socialism…

20. Infiltrate the press.

21. Gain control of key positions in radio, TV...

http://www.uhuh.com/nwo/communism/comgoals.htm

It takes some villains to raze a republic?

[PGalt]

Perhaps Obamacare can “take care of” some of those older folks (slackers) that are pushing the labor participation rate down. The BLS could send an email (via the Hillaryous Clinton server) to the VA, too.

We Grubered some folks.

[Vaduz]

The chimps like it that way it’s why they voted for Obama twice and they are still waiting for the gravy train to arrive.