• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Labor Force At 36 Year Low

Mike

Well-known member
Dang, we have to go back to the Jimmah Cahta days to top Buckwheat's record.

How about it Fatman? Things good with you?

Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force



Tyler Durden's picture
Submitted by Tyler Durden on 10/03/2014 15:55 -0400
.


While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232,000 people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!

And that's how you get a fresh cycle low in the unemployment rate.
 

Steve

Well-known member
LFP%20Participation.jpg


while words explain Obama's liberal policy failure well.. a graph may help...

Last month, the unemployment rate for white Americans was 5.4 percent. For black Americans, it was more than twice that, at 11.5. Why?
 

Brad S

Well-known member
Hey you racist bigot, that graph makes it look like Obama sux. Don't you know he is half negro?

Besides, in some county, with fewer than 4000 people between 18 and 65, unemployment is low.
 
Top