Unemployment Number Is Lower -- So Why Are More Out of Workforce?

[Draggingtree]

Patriot Post:

 

Unemployment Number Is Lower -- So Why Are More Out of Workforce?

 

The numbers may not lie, but they can be used to mislead. While the headlines crowed that the unemployment rate continued its slow decline, falling to 8.2 percent in March, this number obscures the truth. Unemployment figures result from the growing number of adults not in the workforce -- now at an all-time high of 88 million, or greater than the population of Germany. The Bureau of Labor Statistics pegged the number of jobs created in March as 120,000. That's a slower pace than the one established over the first two months of the year and not enough to meet the demand for new jobs needed just by our growing population. While the number outside the workforce is swelled by those who have retired, are in college, or the like, it also includes more and more able-bodied adults who simply can't find work.

Those who separate themselves from the job market aren't counted against the unemployment rate. While it's true that some jobs are being created, the bottom is falling out of the market more quickly -- only 64 percent of

Read More http://patriotpost.us/edition/2012/04/13/digest/

[logicnreason]

A big question: will all those who KNOW (despite the federal government, the current regime, and the msm's effort to cover it up or spin the data) they are unemployed actually vote this November?

 

And if they do.....who will they vote for?

 

88 Million is a bunch of votes, that if done in a block, would carry the election for whomever (or whatever in the stain's case) they voted for.

[Pepper]

"Unemployment Number Is Lower -- So Why Are More Out of Workforce?"

 

 

@Draggingtree

 

Because the Obama administration is cooking the books.

 

Reduce the numerator (people who no longer are counted as looking) and you end up with a smaller fraction.