Record 94 Million Americans Not In The Labor Force; Participation Rate Lowest Since 1977
The latest numbers are out, and they tell the truth about the 0bama economy: it sucks.This is why Donald Trump's poll numbers are soaring!
Take a look at the labor force participation rate, and the number of Americans not in the labor force. According to the Bureau of Labor Statistics,, the main reason why the unemployment rate tumbled to the lowest since April 2008 is because another 261,000 Americans dropped out of the labor force, as a result pushing the total number of US potential workers who are not in the labor force, to a record 94 million, an increase of 1.8 million in the past year, and a whopping 14.9 million since the start of the second great depression in December 2007 while only 4 million new jobs have been created.
94 Million, just think about that for a minute.
Job Layoff / Closing List http://www.dailyjobcuts.com