Author Topic: Obama Economy: 9.9 Million More Employed, But 14.6 Million Left Labor Force  (Read 78 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • America defending Veteran
  • TBR Contributor
  • Hero Member
  • *****
  • Posts: 59,196
  • “It’s easier to fool people than to convince them
 Obama Economy: 9.9 Million More Employed, But 14.6 Million Left Labor Force
Posted By Ali Meyer On January 9, 2017 @ 4:59 am In Issues | No Comments

Since President Barack Obama took office in January 2009, the number of employed Americans increased by 9.9 million, but there were 14.6 million more who left the labor force, according to the latest numbers from the Bureau of Labor Statistics.

From January 2009 through December 2016, there were 9,959,000 more Americans 16 years and over who became employed. In that same time frame, there were 14,573,000 more Americans 16 years and over who were not in the labor force, which means they did not have a job or look for one in the past four weeks.

The labor force participation rate, which measures the percentage of the population that participated in the labor force by either having a job or looking for one, declined for all Americans during Obama’s time in office from 65.7 percent to 62.7 percent. In September 2015, the participation dipped to 62.4 percent—the lowest level seen in recent times since 1977.

 

Article printed from Washington Free Beacon: http://freebeacon.com

URL to article: http://freebeacon.com/issues/obama-economy-9-9-million-employed-14-6-million-left-labor-force/
There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.
Public virtue cannot exist in a nation without private, and public virtue is the only foundation of republics. There must be a positive passion for the public good, the public interest, honour, power and glory, established in the minds of the people, or there can be no republican government, nor any real liberty: and this public passion must be superior to all private passions. John Adams


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf