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THE ONLY UNEMPLOYMENT HEADLINES THAT MATTEREVERYTHING ELSE IS SMOKE AND MIRRORS AND HOODOO ECONOMICS8.5 Million Americans Left Labor Force In Obama's First Term The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent.
Lost in these headline numbers was another rise in the number of people not in the labor force.
This number now stands at a staggering 89 million, up from 80.5 million when President Obama took office.
This means that there are currently 8.5 million more Americans not in the labor force than just four years ago.
169,000 Americans Drop Out of Labor Force in January As Unemployment Ticks Up(CNSNews.com) - The number of Americans not in the labor force grew by 169,000 in January, according to the Bureau of Labor Statistics’ latest jobs report.
BLS labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work. There were 89 million of them last month.
FUCK YER HOPE AND CHANGE!
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No Depression...
CNS News: Record 94,708,000 Americans Not in Labor Force; Participation Rate Drops in May (CNSNews.com) - A record 94,708,000 Americans were not in the labor force in May -- 664,000 more than in April -- and the labor force participation rate dropped...
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More Lies, Damned Lies, And Statistics
In the continuing series of lies and misrepresentations from our gov't, BLS and the media I give you today's unemployment report... CNBC: US added 295,000 jobs in Feb vs. 240,000 est; unemployment rate at 5.5% vs. 5.6% est Job creation boomed...
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No Depression
Like I've been saying. . . Daniel Amerman, with thanks to Will: Making 9 Million Jobless "Vanish": How The Government Manipulates Unemployment Statistics By Daniel R. Amerman, CFAOverviewWhen we look at broad measures of jobs and population, then...
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Newsmax: Unemployment Tricks: Jobs Claim Made by 'Shrinking' Workforce Monday, 06 Feb 2012 10:11 PM By Andrew Henry Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has...
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Unemployment rate down because people quit looking for work. Stupid fucking numbers games The unemployment rate dropped to 9.5 percent for the month of June even as the U.S. government dropped 225,000 Census jobs, the Labor Department reported Friday...
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