Record 92,898,000 Americans Not In The Workforce

by
January 10, 2015

job-fair
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 noninstitutional 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.

6 Comments - what are your thoughts?

  • bobnstuff says:

    The rate is 3.7 % from the record high, not a very big difference is it? I guess the fact that families are doing a little better so Mom can stay home with the kids and Gramps can retire is a bad thing. People going into college and delaying entry into the work force is not a good thing either. The fact that last week there were more help wanted ads them we have had since 2001 doesn’t mean anything.

  • WiSe GuY says:

    Once unemployment insurance runs out, those people are considered employed. (Nigger thinking)

  • I Seigel says:

    These people are just moochers and leechers right? Just living off the government handouts? No sympathy, sorry.

    Of course, many millions of these people are students. Many more millions are retirees. None of these people are actually looking for or wanting to work.

    You can try to bend the statistics anyway you want to, but the simple fact is that more jobs have been created in the last year than were created in 1999 and certainly MANY more than were created in any year of the Bush II administration.

    1. paintinc56 says:

      Yes, brain dead leftist, lying troll, YOU DO “bend” the numbers just the way your fascist massah tells you to. Government/state lobs DO NOT COUNT because they are counterproductive, leeching off the private sector along with the ILLEGALS & welfare queens.
      Now crawl back to massah Soros & get on your knees like a good little troll.

      1. I Seigel says:

        Unlike you, rightie puppet, I am not stating an opinion and therefore I’m not lying. I am simply repeating news that you, if you could possibly get off your fat ass and look, could easily find for yourself.

        The jobs created are private industry jobs. Hiring by governments and municipalities is very low, due to sequestration. Or did you forget?

        Wage growth, however, is very slow. For that you can thank the rightie war on unions and Wall Street greed.

  • Donald Vestal says:

    But, but, but, Obama says everything is the best it has ever been, Obama wouldn’t lie would he?

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