Record Number Unemployed

90,609,000: Americans Not in Labor Force Climbs to Another Record


October 22, 2013 - 8:43 AM
By Terence P. Jeffrey
 

(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.

In from July to August, according to BLS, Americans not participating in the labor force climbed from 89,957,000 to 90,473,000, pushing past 90,000,000 for the first time, with a one month increase of 516,000.

In September, it climbed again to 90,609,000, an increase of 136,000 during the month.

In January 2009, when President Barack Obama took office, there were 80,507,000 Americans not in the labor force. Thus, the number of Americans not in the labor force has increased by 10,102,000 during Obama's presidency.

The labor force participation rate, which is the percentage of the non-institutionalized population 16 years or older who either have a job or actively sought one in the last four weeks, was 63.2 percent in September. That was unchanged from August.

When President Obama took office in January 2009, the labor force participation rate was 65.7 percent.

The percentage of the civilian non-institutionalized population over 16 that was employed also remained constant from August to September at 58.6 percent. When President Obama took office in January 2009, the employment-population ratio was 60.6 percent.

The overall national unemployment rate--which is the percentage of people participating in the labor force who actively sought a job and did not find one in September--was 7.2 percent. That was a slight drop from the 7.3 percent unemployment rate in August. When President Obama took office in 2009, the unemployment rate was 7.8 percent.

The number of people actually employed increased by 133,000 last month, climbing from 144,170,000 in August to 144,303,000 in September. When Obama took office in January 2009, there were 142,153,000 Americans employed--meaning the number has increased by 2,150,000 over the past 57 months.

One reason for the increasing number of people not in the labor force is the aging of the Baby Boom generation, whose members have begun retiring--and are not being replaced by an equal number of young people entering the labor force.

Another reason is that female participation in the labor force has been declining. In January 2009, the female labor force participation rate was 59.4 percent. In September 2013, it was 57.1 percent.

 
Fighting -

Fucking George W. Bush!!!!

Somebody needs to get that guy out of office already! Phone Post

7.2%? Phone Post 3.0

TEA PARTY killing people by shutting down government.

You are a 100% correct, EK, the Tea Party guys need to be executed for treason..

Fucking lazy ass leachers, sponging off the job creators, sitting on their fat asses eating their EBT paid food.

Wait, is this a lazy ass thread or hard working Americans can't find work thread?

leeches, because they're not looking for work.

if they were looking for work, eve nif they didn't find any, the nthey would be "participating in the labor force."

I joining the unemployment ranks starting Friday at 5pm. Already started the job search. It sucks.

I just posted about how shitty the economy really is on the Austrailian thread.

Nearly 15% under-employment, a massive rise in temp workers, record unemployed.

And yet everybody just keeps beating me over the head saying the economy is fine, every body is just lazy.

Don't you get it? The ship is sinking, the bulkheads have been breached. Our government is just bailing out the water with buckets. They can keep it afloat for a moment, but sooner or later the ship is going down.

How the fuck did this thread get no hits?

Do you realize how staggering that number 90,000,000 is?

That is Great Depression level numbers. I almost don't believe it's true.

Insane. Absolutely insane. Phone Post

ttt

There NEEDS to be a discussion about this.

The unemployment is the symptom though; not the problem.

HardWorkPersonalAccountability - 
Ryduce - I just posted about how shitty the economy really is on the Austrailian thread.

Nearly 15% under-employment, a massive rise in temp workers, record unemployed.

And yet everybody just keeps beating me over the head saying the economy is fine, every body is just lazy.

Don't you get it? The ship is sinking, the bulkheads have been breached. Our government is just bailing out the water with buckets. They can keep it afloat for a moment, but sooner or later the ship is going down.

yup, and poor people killed it

the poor want to live a middle class lifestyle and politicians tried to accomodate them in order to gain their votes

all those benefits cost a lot of money and there aren't enough rich people in the US to cover $3.7 trillion so the middle class had to pay. this caused the decline of the middle class and the shitstorm that we see today.

you reap what you sow

LOL, yes blame the poor people, the powerless people that need help to eat influenced the policy makers to take this ship down!

Poor people did not kill the system.  When the system made it easy for poor people to remain poor there was a DISincentive created to become not poor.  The system creates dependancy and dependancy is infectious.

90,000,000

You need to let that set in when our population is only 300,000,000. And half of that is either too old or young to work.

This is the most unsettling statistic I have ever seen.

This should be the most unsettling statistic that any of you have ever seen in your lifetimes.

they dont need to work when the govt pays them not to.

Samoa -


The unemployment is the symptom though; not the problem.

Yup big money in politics and politicians thinking more about their jobs than with the American people Phone Post 3.0

RPBJJ - I joining the unemployment ranks starting Friday at 5pm. Already started the job search. It sucks.

I agree. I just got laid off last week. Fucking sucks Phone Post

misleading thread title

90,000,000 not in labor force =/= unemployed. By their definition "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."

what number of the 90 million is actual unemployed. Not retired, stay at home moms, high school kids that don't work, college kids that don't work, rich fuckers who don't need to have jobs, etc...

no matter how you slice it, that number is a fucking disaster