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Saturday, January 09, 2016

Labor Force Participation Improves Slightly; 94,103,000 Americans Not in Labor Force

(CNSNews.com) - The number of Americans not in the labor force last month totaled 94,103,000 -- a slight improvement from the 94,446,000 not in the labor force in November--and the labor force participation rate increased a tenth of a point, with62.6 percent of the civilian noninstitutional population either holding a job or actively seeking one.

For all of 2015, the highest labor participation rate was 62.9 percent in January: the lowest was 62.4 percent in September, and that 62.4 percent was the lowest in 38 years.

The Bureau of Labor Statistics says the economy added 292,000 jobs in December, and the unemployment rate was unchanged at 5.0 percent -- for the third month in a row.

In December, according to the Labor Department's Bureau of Labor Statistics, the nation’s civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, reached 251,936,000. Of those, 157,833,000 participated in the labor force by either holding a job or actively seeking one.

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4 comments:

Anonymous said...

It's all a friggin lie. A friend of mine commented today, their observation of just how many empty buildings and businesses that are closed down here in Ghettoville.

Thornton said...

Agree with 6:54PM. Very leery of any 'statistics' generated by the Labor Department because it just doesn't seem to jive with what I see in Salisbury. When Manpower pulls out of the Eastern Shore because there's no more temp jobs, you know there's a major problem.

Anonymous said...

Maybe you should get off the shore once in awhile and see what is going on in the rest of the country rather than judging the entire country by a sliver of labd that time forgot.

Thornton said...

2:46PM

The upset is not just on the Shore. People all over the country are complaining that jobs are scarce. It doesn't help that because of regulations, many big companies like Amazon and Sprint are outsourcing to the Philippines and India more than ever. Up until the late 80s, Salisbury had a thriving industry yet lawmakers did not heed warnings that continual harassment would cause employers to leave this community. Salisbury is the equivalent to Sheffield in England.