92,594,000 Americans Out Of Work

SBRPhillyFlyers

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WASHINGTON (CBSDC/AP) ? Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force.

The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March.

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month. In March, 91,630,000 Americans were not in the labor force, which includes an aging population that is continuing to head into retirement.

http://washington.cbslocal.com/2014/05/02/report-more-than-92-million-americans-remain-out-of-labor-force/
 

Skulnik

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Duff will be in here soon to brag about how much the stock market has gone up. Buffet's making a killing under Obama.

Democrat War on America Continues.

:0074
 

Rock the Casbah

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For a more accurate picture of the true statistics that the government likes to "massage" on a monthly basis, go here:

http://shadowstats.com

Most of the jobs "Obama" has created are useless non producing public service jobs and low wage service sector jobs! :00hour What a PRESIDENT!

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UNEMPLOYMENT IS FKN HILARIOUS...
 

Rock the Casbah

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your day will come quicker

My day is every day and it's exceptional!

Your day is that of a self loathing libtard making excuses for his marginal life and blaming the successful for your failure while at the same time expecting the successful to support your pathetic indolent and entitlement fat ass...


WATCH AN LEARN

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Duff Miver

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Right behind you
Fk off libtard.. Facts are undisputable!

You're right, FACTS are indisputable.

0803_govt_ratio_chart1.jpg


And you're an indisputable moron who cannot spell with a third grader.:142smilie
 

Rock the Casbah

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You're right, FACTS are indisputable.

0803_govt_ratio_chart1.jpg


And you're an indisputable moron who cannot spell with a third grader.:142smilie

Oh boy you got me because I hit the U which is next to the I. You are a Genius :mj07:

Keep posting your B.S. charts. Oh Lookie, more public dead weight and less producers!
You are such a loser thinking you are a Bad Ass with that Avatar.. :142smilie
chart.jpg
 

Duff Miver

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Right behind you
Oh boy you got me because I hit the U which is next to the I. You are a Genius :mj07:

Keep posting your B.S. charts. Oh Lookie, more public dead weight and less producers!
You are such a loser thinking you are a Bad Ass with that Avatar.. :142smilie
View attachment 2804

I notice you cut the chart off at '09. Can't stand the progress Obama has made in the last 5 years can you? Look at the chart I posted. Fries your hamster-sized nuts, doesn't it? LMAO!
 

Duff Miver

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Right behind you
you won't be laughting went the dollars bottom out :SIB

When the dollars bottom out? WTF does that mean? Is that something you got from Sean Hannity or Rush Numbnutz?

They're still grabbing all the dollars they can. So am I. Dollars are great. I can buy anything I want with them. I am laughing my ass off at Faux Nuze morons like you.

But, hey, if you think dollars are becoming worthless, I'll make you one helluva good trade. I'll give you Euros, Yen or Rubles for your worthless dollars. How about I give you one real, genuine Euro for two each of your worthless dollars?

I am laughing my ass off at you, financial genius.:mj07:
 

Rock the Casbah

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You're right, FACTS are indisputable.

0803_govt_ratio_chart1.jpg

You are comparing Public employment to POPULATION! I may as well be talking to King Of BULLSHIT.
Get a clue
My brother is Director of Analytics at a Fortune 100 company. The fact is when Obama's stimulus is considered in private job calculation it is a fallacy. THE Taxpayer is not a PRIVATE EMPLOYER!
Post all the bullshit charts you want, the fact remains you are the Bullshit!

?In 2012,? Hall and Greene wrote in a recent report for George Mason University?s Mercatus Center, ?public-sector employment made up more than 16 percent of the U.S. labor market.? That in itself is bad enough; but as the men observed, ?Direct government employment fails to capture the full impact of government spending on state labor markets.?

To determine that ?full impact,? Hall and Greene estimated the number of jobs in each state that are funded by federal contract dollars and added them to the number of actual public employees in that state. When they did that, they found that public-sector employment grew by almost 3.5 million jobs to a national average of 19.2 percent of the workforce. In other words, nearly one-fifth of all workers in the United States are employed either directly or indirectly by government.







The percentages, of course, vary from state to state. In some states, such as Delaware and Oregon, federal contract-funded private-sector jobs make up just 0.7 percent of the workforce. Indeed, ?in more than half of the states, less than 2 percent of the labor market is employed by jobs funded by federal contract dollars,? noted Hall and Greene. In others, however, contractors account for a significant portion of the workforce: 7.7 percent in New Mexico and Maryland and 10.7 percent in Virginia. (Virginia and Maryland are in the ambit of Washington, D.C., so it?s not surprising that they get large numbers of federal contracts.)

When government jobs and federal contract jobs are combined, the picture becomes even more frightening. Only one state, Rhode Island, has less than 15 percent of its labor force collecting wages from taxpayers. Twenty-three states? government-employment rates are 20 percent or more, and seven have rates topping 25 percent ? ranging from 25.3 percent in Alabama to a whopping 31.9 percent in New Mexico, with Virginia, Alaska, Mississippi, Maryland, and Wyoming in between.

It hardly comes as a shock, therefore, that the private sector is suffering under the burden of paying for all these publicly funded employees, many of whom earn far more in wages and benefits than their private-sector counterparts. From their research, Hall and Green concluded that a full 41 of 50 states experienced reductions in private-sector jobs between 2007, the onset of the recession, and 2012. Only eight states experienced growth in private-sector employment during that time period, and of those, just three saw increases of more than two percent. One state?s (Oklahoma) private-sector employment did not change.

The three states that fared the best are North Dakota, with private-sector growth of 24.6 percent; Alaska, with growth of 6.7 percent; and Texas, with growth of 5.6 percent. North Dakota?s impressive showing is ?largely due to a boom in oil production brought about by hydraulic fracturing,? wrote the online Daily Caller, which also pointed out that Texas ?is often touted as one of the best states for business.? According to Forbes, the Lone Star State ?is the only state that ranks in the top five for both current economic climate and growth prospects (it ranks first and second respectively).?

The five states that lost the most private-sector jobs are Idaho (6.4 percent), Alabama (6.9 percent), Florida (8.3 percent), Arizona (9.7 percent), and Nevada (13.1 percent).

With numbers like these, it?s clear that for all the talk of lower unemployment plus jobs supposedly saved by federal bailouts and created by stimulus spending, the private sector simply is not doing well.

?Our findings show that for many states, the impact of the recession and slow recovery on the private sector has been more severe than the official economic data indicates,? Hall told the Daily Caller.

ObamaCare, which greatly increases the cost of labor (already the single largest component of most companies? expenditures), isn?t exactly helping to propel a recovery, either. Add to that mounting federal debt, unsustainable entitlement spending, ?quantitative easing,? and other government policies that place America?s economic future in jeopardy, and it isn?t hard to figure out why the private sector is not just stalled but, in most states, receding.

Precisely this sort of ?regime uncertainty? under the New Deal helped prolong the Great Depression, argued economist Robert Higgs, and only a massive reduction in federal spending after World War II finally spurred recovery. Having tried the same types of policies that failed 80 years ago and achieved the same results, isn?t it about time to give the same proven solution a chance?
 

Rock the Casbah

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You are a complete idiot. Your graph proves nothing as it is INCOMPLETE. Like you, not all there!

Read and UNDERSTAND!

?In 2012,? Hall and Greene wrote in a recent report for George Mason University?s Mercatus Center, ?public-sector employment made up more than 16 percent of the U.S. labor market.? That in itself is bad enough; but as the men observed, ?Direct government employment fails to capture the full impact of government spending on state labor markets.?

To determine that ?full impact,? Hall and Greene estimated the number of jobs in each state that are funded by federal contract dollars and added them to the number of actual public employees in that state. When they did that, they found that public-sector employment GREW by almost 3.5 million jobs to a national average of 19.2 percent of the workforce. In other words, nearly one-fifth of all workers in the United States are employed either directly or indirectly by government.







Stop licking the windows and sit down!



.
 
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