Author Topic: Record high 91.5 million people not included in labor force  (Read 446 times)

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Offline Chieftain

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Record high 91.5 million people not included in labor force
« on: November 12, 2013, 12:14:51 AM »
A record high 91,541,000 Americans did not participate in the labor force this October.

According to data from the Bureau of Labor Statistics (BLS), 932,000 people dropped out of the labor force last month, from at total of 90,609,000 in September to 91,541,000 in October.

The BLS defines a person “[n]ot in the labor force” as age 16 and older who are not employed and not considered to be unemployed as they have not looked for work in the four weeks prior to the survey.

Read more: http://dailycaller.com/2013/11/11/record-high-91-5-million-people-not-included-in-labor-force/#ixzz2kPC8s0ds

Offline flowers

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Re: Record high 91.5 million people not included in labor force
« Reply #1 on: November 12, 2013, 11:12:57 AM »
Wow....what does this really make the unemployment rate at? 


Offline Chieftain

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Re: Record high 91.5 million people not included in labor force
« Reply #2 on: November 12, 2013, 11:46:44 AM »
Wow....what does this really make the unemployment rate at?

Good question...but DOL has been diddling with the way the rates are calculated in order to protect Obammy for so long they mean almost nothing.  We're rapidly approaching the tipping point where the unemployed outnumber the employed.

Another Obama legacy....


Offline flowers

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Re: Record high 91.5 million people not included in labor force
« Reply #3 on: November 12, 2013, 12:09:15 PM »
Good question...but DOL has been diddling with the way the rates are calculated in order to protect Obammy for so long they mean almost nothing.  We're rapidly approaching the tipping point where the unemployed outnumber the employed.

Another Obama legacy....
Then we will have 40mil new amnesty folks. That will tip it over.  **nononono*



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