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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.
    Would the IRS accept the excuse YOUR hard drive crashed 10 days after receiving an audit notice, so you can't supply the information they're asking for? Would they just drop it and go away? Why should they be held to any less of a standard they set for us?

  3. #3

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    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.

  4. Default

    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.....

  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.
    Some timely advice for empty suit Barack Hussein Obama, from a man far wiser than him:

    "A real leader does not need to point, he is content to lead."

    Henry Miller, author

  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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