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Thread: 522K drop out of labor force in April, Participation Rate at 30 year low

  1. Default 522K drop out of labor force in April, Participation Rate at 30 year low

    April's jobs numbers came out today and it doesn't look good.

    The number of people NOT in the labor force rose by a whopping 522,000 in April. This is the highest on record.

    And the labor force participation rate (the employed and the unemployed but looking for a job) just dipped to a new 30 year low of 64.3%.

    So, don't be deceived when you hear the lame-stream media tout that the unemployment rate dipped 1/10 of a percent from 8.2% down to 8.1%. The reason it dipped is because there are less people participating in the labor force. In other words, they just gave up looking for a job.

    People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981
    A Chicago public housing project is missing their community organizer.


  2. #2

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    The less people in the labor force the lower the Unemployment Rate, Obama transparency at it's finest we can see right through him.
    "One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back." - Carl Sagan, The Demon-Haunted World: Science as a Candle in the Dark

  3. Default

    Quote Originally Posted by Professor Peabody View Post
    The less people in the labor force the lower the Unemployment Rate, Obama transparency at it's finest we can see right through him.
    Obama is transforming this country into the economic model of Mexico.

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    The people who can't find work are not buying into the liberal spin that the economy is getting better.

    They also are going to vote in November.

    Guess what Obama? This includes democrats, republicans and independents of all races, religions and backgrounds.

    People would rather have a job and feed their families then believe anymore of your lies.

  5. #5

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    Not coincidently...or surpising.... SSDI claims are spiking right along with the "unemployment benefits ended / gave up looking for work" numbers.....

    further revealing the folly and fraud surrounding the progressive left's nation wrecking, "give a man a fish" vote harvesting efforts.


    If you build it, they will come, and come, and come.....
    The smallest minority on the earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities ~ Ayn Rand

  6. #6

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    Liberals consider this good news. That's over 500,000 more people dependent on government and thus likely to vote Democrat.
    “Do not be fooled by a belief that progressives, leftists hate guns. Oh, no, they do not. What they hate is guns in the hands of those who are not marching in lock step of their ideology. They hate guns in the hands of those who think for themselves and do not obey without question. They hate guns in those whom they have slated for a barrel to the back of the ear.”

    — Stanislav Mishin

  7. Default

    Another half-million people who aren't looking for work. At least it makes the unemployment rate look a little better to the ignorant masses. . .
    TANSTAAFL

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