Article Image
News Link • Employment & Jobs

People Not In Labor Force Soar By 663,000 To 90 Million

• http://www.zerohedge.com, by Tyler Durden
 Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."

1 Comments in Response to

Comment by Anon Commenter
Entered on:

Wish to have a REAL education, in ancient history?

Let me save you some time.  Get it while you can.

Michael Tsarion - The Irish Origins of Civilization - 1/6

https://www.youtube.com/watch?v=x-1nSnlBdR0

Michael Tsarion - The Irish Origins of Civilization - 2/6

Michael Tsarion - The Irish Origins of Civilization - 3/6

Michael Tsarion - The Irish Origins of Civilization - 4/6

Michael Tsarion - The Irish Origins of Civilization - 5/6

Michael Tsarion - The Irish Origins of Civilization - 6/6


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Purse.IO Save on All Amazon Purchases