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9.5 Million People Have Left the Workforce Under Obama

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mystery-ak:
http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama

9.5 Million People Have Left the Workforce Under Obama
May 3, 2013
By Elizabeth Harrington

(CNSNews.com) – 9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics.

In April, the total number of Americans counted as "not in the labor force" declined for the first time since December, but that number was still near a record high at 89,936,000.

Those not in the labor force declined by 31,000, from a record high of 89,967,000 in March.  That broke the recent record of 89,304,000 not in the labor force in February of this year.

Since February 2009, the first full month of Obama’s presidency, 9,549,000 people have left the labor force.  There were 80,387,000 Americans not working that month, compared with 89,936,000 not working or looking today, according to the latest economic release from BLS.

The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,”and that includes people who have retired on schedule, taken early retirement, or simply given up looking for work.

In the 50 months since Obama has been in office, the number of people counted as not in the labor force has declined 16 times.

Bigun:

Bigun:

Rapunzel:
Thanks, Bigun.  Good info

Cincinnatus:
Thanks, Bigun.  Good info

It is excellent info that will never see the light of day. The Obama subservient media is crowing about the decline in the unemployment rate (by an astounding .1%) and telling the world things are starting to turn around. However, what they are not telling anyone is that current job growth is only barely keeping up with population growth and the total measure of unemployed (U6) has gone up.

All smoke and mirrors, my friends, all smoke and mirrors.

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