Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

MILITANT MONDAY- WHERE ARE THE CAREER JOBS -SPECIAL GUEST: UDINI LAVOZ

  • Broadcast in Current Events
  • 0 comments
3rdeyeviZion

3rdeyeviZion

×  

Follow This Show

If you liked this show, you should follow 3rdeyeviZion.
h:531613
s:5925293
archived

In January 2009, the number of “officially unemployed” workers plus the number of Americans “not in the labor force” was sitting at a grand total of 92.6 million.  Today, that number has risen to 102.2 million.  That means that the number of working age Americans that are not working has grown by close to 10 million since Barack Obama first took office.  So why does the “official unemployment rate” keep going down?  Well, it is because the federal government has been pretending that millions upon millions of unemployed workers have “left the labor force” over the past few years and do not want to work anymore.  The government says that another 347,000 workers “left the labor force” in December.  That is nearly five times larger than the 74,000 jobs that were “created” by the U.S. economy last month.  And it is important to note that more than half of those jobs were temporary jobs, and it takes well over 100,000 new jobs just to keep up with population growth each month.  So the unemployment rate should not have gone down.  If anything, it should have gone up.

Comments

 comments