A Record 93,770,000 Americans Not in Labor Force

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jamesbond
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A Record 93,770,000 Americans Not in Labor Force

Post by jamesbond »

The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.

The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

The number of people outside the workforce in July increased 144,000 over June’s record when 93,626,000 were not in the workforce.

July’s labor force participation rate however remained the same as June at 62.6 percent. Before last month the labor force participation rate had not been that low since October 1977, when the participation rate was 62.4 percent.


http://www.breitbart.com/big-government ... bor-force/
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Moretorque
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Re: A Record 93,770,000 Americans Not in Labor Force

Post by Moretorque »

It's goona get way worse, technology is going to replace humans big time right around the corner. America is done, anybody bringing a child into this world here in America is not thinking clearly.
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MrMan
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Re: A Record 93,770,000 Americans Not in Labor Force

Post by MrMan »

Don't worry, James Bond. The government knows how to take care of problems like that. They just define 'unemployed' so as not to include those people.

Problem solved. Let's see if that works at the election.
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