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Apr 09 2012

Number of Americans Not in Labor Force Hits Record High

Predictably, the “mainstream” media has been paving the path to Obama’s reelection by telling us that the economy is all better now. Don’t believe it. For example, regarding unemployment:

Amid disappointing unemployment numbers that fell 80,000 jobs short of projections, another number is raising eyebrows: the number of Americans not in the labor force has hit a record high 87,897,000.

This figure explains why overall unemployment dropped from 8.3% to 8.2%, as the Department of Labor’s unemployment figure does not include people who have given up hope and are not actively seeking employment.

That’s how they fudge the numbers to make unemployment look like less of a crisis. Thanks largely to the Obama Regime’s hostility to employers, actual unemployment is 19.1%.

obama_no_jobs

On a tip from Curtis.




16 Responses to “Number of Americans Not in Labor Force Hits Record High”

  1. Maudie N Mandeville says:

    If Obama can continue discouraging more and more to drop out of the labor market, he should be at 7.5% by election. By the end of his 2nd term, unemployment should be 2.7%! Legacy!

  2. KHarn says:

    “If we don’t pass the stimulus, unemployment will go up over 8%”. obama.

    Regressives call this “a recovery”.

  3. Bob Roberts says:

    “Actual unemployment is 19.1%.”

    When, if ever, is the last time it was that high? The Great Depression?

  4. klae says:

    If we’re lucky, he’ll be out of a job soon, too.

  5. Bob Roberts says:

    The misery index.

    It peaked (was the all-time worst) at 18.91 during the 96th Congress (197901-198012) with both houses controlled by Democrats.

    The second worst Congress on record was the 97th (198101-198212) also with both houses controlled by Democrats.

    Likewise for the third (15.56) and fourth worst (13.85), the 94th and 93rd, (197501-197612 and 197301-197412), as well as the 95th Congress (13.62) (197701-197812).

    On the other hand, it cratered at 4.82 between 194301-195412 during the 83rd Congress, with both houses in control of Republicans.

    Two other relatively low Congresses, among the lowest in recent times, again with Republicans in control of both houses, were the 105th and 106th (199701-199812 and 19901-200012) when the index hit 6.67 and 6.87 respectively.

    The last time Democrats were in control with numbers anywhere near that good? The 1960s. Guess why.

    The most current value? The 112th Congress (2011-01-201202 INCOMPLETE so not really valid yet), with Obama blocking the Republican House led efforts to enact critical reforms and roll back Obama’s job killing policies enacted during the 111th Congress when Democrats controlled both houses (200901-201012, index 10.10), saw the index hit 11.98 but, as I noted, the period is not over so the final results are not in yet.

    These results are based on the continuing effects of the ridiculous laws passed at Obama’s behest during the last Congress and the deliberate attempts by Obama and the Democrat led Senate to prevent meaningful reform.

    Of the times the index hit double digits, Democrats controlled both houses for 8, Republicans controlled both houses for 1 and, if we don’t count the current Congress because we don’t know what the final average will be, control was mixed for one year.

    I think that reasonably proves the theory that electing Democrats to Congress assures misery will follow.

  6. Bob Roberts says:

    Recession: Your neighbor loses his job
    Depression: You lose your job
    Recovery: Obama loses his job!

  7. Ghost of FA Hayek says:

    And before John chimes in with
    “you know, what’s needed is more degrees in basket weaving”
    http://online.wsj.com/article/SB10001424052970203733504577026212798573518.html

  8. Hedgehog says:

    Figures don’t lie. Liars figure.

  9. Eric says:

    Bob, I’d like to reform your phrase…

    Recovery: Democrats lose elected offices.

  10. Eric says:

    As a member of the 99 weekers, my unemployment ran out in August ’11, little did I know all those(99) weeks that there were no jobs(I had zero interviews) for all the advertisements provided by the “unemployment office”(CareerBuilder). After my 99 weeks a friend told me about Craigslist, I had 20 interviews over the next three months, and only one job, that came in December(two jobs ended before I could start work, after I had accepted them, but the projects were cancelled). Anyway,
    I dropped off the list of the unemployed back in Aug ’11, not because I was employed, but because I was not receiving any payments. Something to keep in mind about this political environment…

    The “unemployed” are only those people collecting unemployment checks. Those are the only people this gov. structure counts.

  11. Eric says:

    Also not counted are people who HAD a job, and no longer do, but don’t qualify for “unemployment”. I know I would have been screwed had I started those two jobs, and then gotten cut.

    Moral of the story, Don’t believe anything the “gov.” tells you on unemployment numbers.

  12. Eric says:

    Another thing, Careerbuilder, is shit. They only advertise to maintain contracts that require them to advertise. I challenge everyone to find a single person who found a single long term job through careerbuilder since 2009.

  13. Eric says:

    Another BTW, since I got my job in Dec, I have kept touching base on Craigslist, and it is now barren of openings that 6 months ago would have yielded me 15 sent resumes/week. Something is going on in the job market, and it isn’t pretty. Just last month there were still 4/week(quality/manufacturing/engineering), now there are ZERO. Prepare for the worst, it is yet to come.

  14. Sam Adams says:

    Like it or not, we are in the Obama depression.

    Eric, sorry about your difficulties. Along the same lines, if you are self employed, you don’t qualify for unemployment, either.

  15. Sam Adams says:

    Bob Roberts says:
    April 9, 2012 at 2:14 pm

    The misery index.

    It peaked (was the all-time worst) at 18.91 during the 96th Congress (197901-198012) with both houses controlled by Democrats.
    ____________

    Of course the problem with the misery index is that the government has changed the standard for how they count the unemployed, and they leave out little items like food and fuel out of how they calculate inflation.

    Were those numbers honestly reported, today’s misery index would doubtless be close to the all-time high.

  16. Jodie says:

    Great posts Eric! So true!

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