Author Topic: Horrible!… Only 74,000 Jobs Created in December – Obama Still Worst Jobs President  (Read 197 times)

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Offline happyg

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The unemployment rate dropped to 6.7 percent in December anyway. In December the civilian labor force did what it usually does in the New Normal: it dropped from 155.3 million to 154.9 million, which means the labor participation rate just dropped to a fresh 35 year low, hitting levels not seen since 1978, at 62.8% down from 63.0%.

The unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, was 15.9 percent in December. The youth misery index has skyrocketed to an all-time high under Obama.

Offline Bigun

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  • The income tax: Root of all evil!
    • The FairTax Plan
Why should anyone look for a job at this point since you are assured of getting a check whether or not you work!
“It is difficult to free fools from the chains they revere.” —Voltaire

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