RECORD 87,897,000 AMERICANS NOT IN THE LABOR FORCEcdn.breitbart.com
RECORD 87,897,000 AMERICANS NOT IN THE LABOR FORCE
Made popular 410 days ago in Politics
breitbart.com — Amid disappointing unemployment numbers that fell 80,000 jobs short of projections, another number is raising eyebrows: the number of Americans not in the labor force has hit a record high 87,897,000.
This figure explains why overall unemployment dropped from 8.3% to 8.2%, as the Department of Labor's unemployment figure does not include people who have given up hope and are not actively seeking employment.
When the number of individuals who have stopped looking for a job and/or who are working part-time but desire full-time employment is included--a figure known as the "underemployment rate"--real unemployment stands at 19.1%.

Report This Post
Posted by lastbaldeagle
Add To Favorites
53 Votes
Similar Issues
5 Comments
ShareThis
Still think the economy and unemployment figures are as rosy as the democRATs and their elite media wing are trying to paint them?
Nope, all spin.
45%
Yes, pass the Koolaid around one more time. I believe anything I read and anything spoken by my party icons.
55%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
User Comments
lastbaldeagle
Posted 410 days ago
0 up votes, 0 down votes
This tells the whole story, why Bush was so bad at the end of his term.

Don't just skim over this, it's not long, but read it slowly and let it sink in. If in doubt, check it out!

The day the democrats took over was not January 22nd 2009, it was actually January 3rd 2007, the day democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.

The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:

January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:

The DOW Jones closed at 12,621.77

The GDP for the previous quarter was 3.5%

The Unemployment rate was 4.6%

George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH

Remember the day...

January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy?

BANKING AND FINANCIAL SERVICES!

Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!

Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.

And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA

And who fought against reform of Fannie and Freddie?

OBAMA and the Democrat Congress

So when someone tries to blame Bush..

REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"

Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democrat Party.

Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 &2011.

In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.

If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Ba
TopSpin
Posted 409 days ago
0 up votes, 0 down votes
We are gaining jobs under President Obama, we lost 9 million jobs at the hands of President Bush.
lightdude
Posted 409 days ago
0 up votes, 0 down votes
@TopSpin Not in this world. Your koolaid world maybe. Maybe you should look up the words FACTS and TRUTH in the dictionary or can you even read?
lightdude
Posted 409 days ago
0 up votes, 0 down votes
@TopSpin You progressive libs sure do corner the market on stupidity.
lastbaldeagle
Posted 409 days ago
0 up votes, 0 down votes
Liberals sure are NAIVE. Spin, you must pluck your figures from thin air or just make them up as you limp along. Joseph Goebbels would be proud of the job the left has done on you.
You will have 2 minutes to edit your comment.

Add your comments