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Another milestone for Obama; 94,708,000 Americans unemployed nor made an effort to find employment
Topic Started: Jun 3 2016, 11:45 PM (615 Views)
Pat
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Fire & Ice Senior Diplomat
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Yep, and more evidence why we need Trump as president.



http://www.breitbart.com/big-government/2016/06/03/record-94708000-americans-not-labor-force/

The number of Americans not participating in the work force hit another record high in May, according to data released Friday by the Bureau of Labor Statistics.
The BLS reports that last month 94,708,000 Americans were neither employed nor made an effort to find employment — due to discouragement, retirement, education, or otherwise — last month.

May’s non-participation numbers represent a 664,000 increase compared to the month prior and smash the previous record of 94,610,000 set last September.

Along with the skyrocketing number of Americans out of the work force, the labor force participation rate dipped from 62.8 percent in April to 62.6 percent in May. As the BLS highlighted, the participation rate has declined by 0.4 percentage points over the past two months.

The civilian labor force also declined by 458,000 people last month, hitting 158,466,000.

Meanwhile, 151,030,000 Americans had a job last moth and 7,436,000 were unemployed, down 484,000 compared to April. Nonfarm payroll employment however, only increased by 38,000 jobs.

Additionally the unemployment rate dropped 0.3 percent from 5.0 percent in April to 4.7 percent in May.
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Thumper
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You have to wonder what jobs will be created if everything is manufactured off shore. Made in the USA isn't seen much anymore.
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Pat
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Yep, and the liberals under Obama are touting two more trade agreements, one for the EU and one for Southeast Asia.
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Neutral
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All part of the socialism plan, they want people to be dependent on government.
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Brewster
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You're counting retirees?

Typical Breitbart Fact-Free Bullship.
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Berton
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Isn't it amazing how the progressives keep telling us that unemployment is going down while the number of people unemployed keeps going up while the number of new jobs keeps going down?

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Neutral
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Only a useful idiot would deny facts as plain as those.
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Stoned
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Pat
Jun 3 2016, 11:45 PM
Yep, and more evidence why we need Trump as president.



http://www.breitbart.com/big-government/2016/06/03/record-94708000-americans-not-labor-force/

The number of Americans not participating in the work force hit another record high in May, according to data released Friday by the Bureau of Labor Statistics.
The BLS reports that last month 94,708,000 Americans were neither employed nor made an effort to find employment — due to discouragement, retirement, education, or otherwise — last month.

May’s non-participation numbers represent a 664,000 increase compared to the month prior and smash the previous record of 94,610,000 set last September.

Along with the skyrocketing number of Americans out of the work force, the labor force participation rate dipped from 62.8 percent in April to 62.6 percent in May. As the BLS highlighted, the participation rate has declined by 0.4 percentage points over the past two months.

The civilian labor force also declined by 458,000 people last month, hitting 158,466,000.

Meanwhile, 151,030,000 Americans had a job last moth and 7,436,000 were unemployed, down 484,000 compared to April. Nonfarm payroll employment however, only increased by 38,000 jobs.

Additionally the unemployment rate dropped 0.3 percent from 5.0 percent in April to 4.7 percent in May.
YOu should be at least a little ashamed.

http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/

http://blogs.wsj.com/economics/2015/08/20/donald-trump-is-right-about-42-of-americans-are-unemployed-if-you-include-my-88-year-old-grandma/
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Neutral
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Read your own link. lol The elderly have always been counted. We are at record numbers of people not working, that means many do not have jobs. Duh
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Thumper
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With prices going thru the roof on everything and few jobs being created, Obama is going to go down as a worst president ever. Go Trump!
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