(CNSNews.com) - The number of Americans who are 16 years or older and who have decided not to participate in the nation's labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics.
The BLS counts a person as participating in the labor force if they are 16 years or older and either have a job or have actively sought a job in the last four weeks. A person is not participating in the labor force if they are 16 or older and have not sought a job in the last four weeks.
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3 comments:
The number will keep climbing. Why? It was already projected to due to changing demographics and changing labor markets. Oh but I know. Cue anti-Obama tirade in 3....2....1...
I would like to know, how they know if someone as actively sought a job in the last 4 weeks.
90 million is almost a third of the population.
That would mean that unemployment is nowhere near the 7ish% they say it is.
There are 100 million on welfare
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