This needs to stop......and folks this is one reason why the U3 - TopicsExpress



          

This needs to stop......and folks this is one reason why the U3 unemployment rate is less than 6% ---- this article also shows the real unemployment rate is really closer to 12-14%. And, they keep talking about new jobs every month. I have trouble with that word new as many of them are replacement worker jobs --- aka someone filled a job that someone else left for whatever purposes. And, then theres this................... A record 92,898,000 Americans 16 years and older did not participate in the labor force last month, according to data released by the Bureau of Labor Statistics. The BLS defines people not in the work force as people 16 years and up who are not employed and haven’t “made specific efforts to find employment sometime during the 4-week period ending with the reference week.” The labor force participation rate — or the “The labor force as a percent of the civilian non-institutional population” — also dipped back down to 62.7 percent, from 62.9 percent in November. September also saw a labor force participation rate of 62.7 percent, however prior to then, the last time the rate hit 62.7 percent was in February of 1978. breitbart/big-government/2015/01/09/record-92898000-americans-not-in-the-workforce/
Posted on: Fri, 09 Jan 2015 23:55:06 +0000

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