The unemployment rate dropped to 7.7%, or at least that’s what the government tells us. That’s the good news. The bad news is that the labor force participation rate has dropped to another new low. At this rate unemployment will…
Tag Archive for participation
Number Of Americans Not In Workforce Increased 8.3 Million In Obama’s First Term
by Lonely Conservative • • 2 Comments
One of the reasons the unemployment rate isn’t in the double digits is the fact that so many Americans have dropped out of the labor force. In President Obama’s first term, that number has increased by a shocking 8.3 million…
Labor Market Participation Rate Is Below 64%
by Lonely Conservative • • 1 Comment
The Wall Street Journal reports that the labor participation rate in the United States is near a 30 year low at 63.6%. Keep this in mind when you hear about the next unemployment report. On Friday, the government will release…
New Chart: For Every 1 Person Added To Labor Force, 10 People Subtracted
by Lonely Conservative • • 8 Comments
Here’s something Michelle Obama didn’t mention when she was touting her husband’s dismal economic record. Since President Obama took office, for every one person added to the labor force, 10 people have been subtracted. The Weekly Standard reported: “For Every…