moonbattery logo

Nov 12 2013

Labor Participation Rate Is Collapsing

In case you are wondering how Obama manages to keep official unemployment under 10% even while imposing policies that appear explicitly designed to drive up unemployment:

A record high 91,541,000 Americans did not participate in the labor force this October. …

The BLS defines a person “[n]ot in the labor force” as age 16 and older who are not employed and not considered to be unemployed as they have not looked for work in the four weeks prior to the survey.

The labor force participation rate — or all employed and unemployed people — in accordance with the decline, also hit a record low at 62.8 percent.

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

Over 11 million Americans have dropped out of the labor force since Obama took power. Some recovery.

Meanwhile, welfare colonists continue to swamp the country in uncountable hordes, allegedly to do the work Americans won’t do. After amnesty hits, the floodgates will open all the way.

The goal is for takers to outnumber makers. That tipping point will plunge us into the same condition as Venezuela, assuring perpetual power for socialists. Obama’s reelection proves that we are almost there. Zero Hedge says we have four years to go.

Not-In-Labor-Force
Via Zero Hedge. Click for full size.

On a tip from G Fox.




10 Responses to “Labor Participation Rate Is Collapsing”

  1. Dr. 9 says:

    Do you remember ACORN, the notorious and infamous gang of black and illegal criminals who posed as a “union”? I’ll bet you thought they were gone after their criminal activities, including election fraud, were exposed. Well, think again. Now, they won’t have to pick your pocket or hold you up. Now, you will (hand) them all your most private info.

    http://www.foxnews.com/politics/2013/11/12/video-raises-more-concerns-over-obamacare-navigators-in-wake-acorn-connection/?intcmp=latestnews

  2. rorschach says:

    Oh look, Mom…… Finally a real “hockey stick”.

  3. Rich says:

    Ann Barnhardt – The political battle is ALL theater..
    The USA as a Republic NO LONGER EXISTS…

    http://www.barnhardt.biz/2013/11/12/new-ann-interview-w-elijah/

  4. Rich says:

    Dave.. my post by Ann Barnhardt has not showed up

  5. Rich says:

    as soon as i typed the last message it posted – i posted it an hour ago..

  6. Dave Blount says:

    Rich, sorry about the comments problem. It’s hard to fix, because I can’t reproduce it.

  7. 762x51 says:

    “Zero Hedge says we have four years to go.”

    Zero Hedge is an optimist. We have a year at most, two would take a bloody miracle.

  8. Rich says:

    Dave.. thanks for the reply..

    i understand why all politicians dislike Ann Barnhardt.

  9. Xavier says:

    Every Obama policy -> wealth redistribution -> 2 class society -> communism.

  10. […] Labor Participation Rate Is Collapsing In case you are wondering how Obama manages to keep official unemployment under 10% even while imposing policies that appear explicitly designed to drive up unemployment […]

Alibi3col theme by Themocracy