…employment: OBAMA and USA.gov got their numbers wrong…! we must be all ignorant and stupid…!
…obama’s job-rate statistics and that of USA.gov of course are wrong…!
The 86 million invisible unemployed
CNNMoney.comBy Annalyn Censky | CNNMoney.com – 15 hours ago
There are far more jobless people in the United States than you might think.
While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.
As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population.
“We’ve been getting some job growth and it’s been significant, but it hasn’t yet been strong enough that you start to get people re-engaging in the labor market,” said Keith Hall, a senior research fellow at the Mercatus Center and former commissioner of the Bureau of Labor Statistics.
A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. Only about 64% of Americans over the age of 16 currently fall into that category, according to the Labor Department. That’s the lowest labor force participation rate since 1984.
…sadly more proof that those that govern us are not “LOGICAL” nor do they think there is any economic social model that would provide employment for all…!
…WE DO LIVE IN AN “INFERIOR-LOGIC-MENTALITY” WORLD, and things are not getting better…!
…OBAMA WHEN YOU SAY that the false statistics of unemployment is somewhere around 8%, you are talking non-sense…!
I AM SURE THE JOBLESSNESS of Canada is in similar proportions…!
86,000,000 [86million] is of 313,478,000 is the grand lump sum of = more than 2 times the population of CANADA…!
IT IS 27.43% [TWENTY SEVEN DOT 43 PERCENT], YOU NUT HEADS…! OR AS BAD 30 MILLION WITHOUT HEALTHCARE INSURANCE…! OBSCENE…!
IMAGINE if unemployment of CANADA is 27%…! You could clearly state what are all those professionals in STATISTICS CANADA really doing…???
27 % of 30,000,000 [ 30million ] is roughly = 8,100,000 [8million-100thousand] …! obscene also !
…I DO NOT KNOW HOW THEY CAN BE CUTTING BACK ON GOVERNMENT FUNDING OF A GROWING POPULATION…!
…these vast unemployment numbers declares the Economy of USA and CANADA is not true for most…!
…we are clearly in the hands of “puritan-destruction-perdition-ancient” minded logic species of humans that form Government…!
WHEN 86MILLION + 8MILLION CANNOT DO “INFORMAL COMMERCE” , NOR IS THERE ANY PLACE PROVIDED OTHER THAN PAYED
THEY DO NOT KNOW HOW TO DO ANY BETTER…! MORE THAN EVIL THEY COULD BE DECLARED INCAPABLE OR MORE SO “INSANE” OF SOME SORT…!
IN OLD TIMES there WAS WORK FOR EVERYBODY, as in the Bible they all had their share of the land as families…!
capitalism and modern times has made the poor and homeless…! we are not any more in the promised land…!
we are in home-housing inactivity confinement…! as bad as any communist country or not as bad…!