Wednesday, September 9, 2015

Labor Day 2015: 93.7 million American adults aren’t working & aren’t trying

Via avordvet

 Scott's Run, West Virginia. Unemployed bachelor, US National Archives, March 19, 1937

Besides the officially “unemployed,” 93 million other Americans aren’t working and aren’t looking for jobs
 
If it seems like you’re running into more people who aren’t working and don’t appear to be trying to find jobs…it’s not your imagination.

According to the U.S. government’s Bureau of Labor Statistics, the labor participation rate has hit 62.6 percent. That’s the worst in 38 years, since the dog days of 1977. The “labor participation rate” measures the percentage of people age 16 or older who are working or actively looking for a job.

6 comments:

  1. No kidding. I was out of the office yesterday due to wife needing a driver after a medical procedure. Went to Wal-Mart to get something in early afternoon - looked like a standard weekend shopping trip. Plenty of people who weren't in a hurry to 'get back to office', dressed casually. Felt strange.

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  2. That statistic is absurd to me. How do people exist while "not looking for a job"? They can't just be transfer payments.

    1. Women who have the luxury of a bread earning spouse.
    2. Young adults who can move back in with their parents and live at parents' expense.
    3. Underground economy. Cash payments for buying and selling stuff. No taxes. No W-2.
    4. Men who live with the mother of their children and that mother is entitled to government payments. Benefits worth $70K can feed a lot of mouths.

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  3. last month better than half a million US citizens lost their jobs. 1/4 million jobs
    were filled by non-citizens in the same period. It is the intent of those who run our
    government to dilute the native born, primarily white, voting block by forcing us onto
    some sort of government assistance, thus causing us to vote for those that sign the
    checks. The fence is built, the gate is hung, the bait is inside the enclosed yard. Now they are just waiting for enough folks to go inside so they can slam the gate. CH

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