94,610,000 Americans NOT in Labor Force...5.6% Unemployment Rate...WT#?

[easyt65]

Moderation Note: Poster did not provide link for the quote below. I believe this is the source

Record 94,610,000 Americans Not in Labor Force - Breitbart


The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words they were neither employed nor had made specific efforts to find work in the prior four weeks.

The number of individuals out of the work force last month — due to discouragement, retirement or otherwise — represented a substantial 579,000 person increase over the most recent record, hit in August, of 94,031,000 people out of the workforce.

The civilian labor force in September clocked in at 156,715,000, declining by 350,000 people, compared to August’s 157,065,000 labor force level.

September’s participation rate dropped to 62.4 percent, matching the lowest level seen since October 1977.

While 94,610,000 (That's 94 MILLION 610 THOUSAND) Americans are currently out of work / not working, the Obama administration, evidently using Common Core math, is claiming (according to one report) that the Unemployment rate in the US is 5.6%!


HOW CAN THIS BE? Deceptively Simple - 2 Reasons:


1. FACT: "If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as 'unemployed'. That's right, you are not counted in the Obama Administration's Unemployment Rate figure we see relentlessly in the news -- currently 5.6%."

2. FACT: "If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%."
-- That's right...if you are out of work, you have to provide for your family, and the only work you can find is mowing your neighbors' yards for $20 a week (because they feel sorry for your broke ass) you are NOT considered 'unemployed'! (I wonder if the Obama administration counts Homeless people who beg on the street and who make at least $20 a week doing that as 'employed'?! )

Here's a 'Bonus' stat / fact for you:
FACT: "If you have a degree in chemistry or math, if you're a CEO who just got laid off, or if are a highly skilled laborer whose job was just shipped off overseas and are working 10 hours part time because it is all you can find -- in other words, you are severely underemployed -- the government STILL doesn't count you in the 5.6% of people 'unemployed'.

BOTTOM LINE:
The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Fat Lie.

"...and it's a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. A good job is an individual's primary identity, their very self-worth, their dignity -- it establishes the relationship they have with their friends, community and country. When we fail to deliver a good job that fits a citizen's talents, training and experience, we are failing the great American dream."

Gallup defines a good job as 30+ hours per week for an organization that provides a regular paycheck. Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class.


"When the media, talking heads, the White House and Wall Street start reporting the truth -- the percent of Americans in good jobs; jobs that are full time and real -- then we will quit wondering why Americans aren't "feeling" something that doesn't remotely reflect the reality in their lives. And we will also quit wondering what hollowed out the middle class."

 

[JakeStarkey]

So you flunked math right through public and higher education and so did the folks on whom you rely for stupid comments.

 

[Maryland Patriot]

dont forget the way the local governments are playing the numbers.
I just quit/retired from my job as a network engineer for a county in Maryland, I was working 8 to 12 hours a day with full benefits.
They filled that position with two people that break up the work day with two 5 hour shifts. This leaves them at a level that they dont work enough hours to be considered full time and do not get the full benefits to go along with the job.
Two people under employed but its a net gain of one job on the charts. It will no doubt go down as part of the jobs created statistics.

 

[easyt65]

So you flunked math right through public and higher education and so did the folks on whom you rely for stupid comments.

Thanks for putting me and these economic experts in our places with that devastating, 'highly-supported' OPINION: "Uh-Uh!"

 

[g5000]

Jobs created during U.S. presidential terms - Wikipedia, the free encyclopedia

 

[easyt65]

Jobs Obama Created...

Jobs Obama 'Created / Saved' Do NOT Exist:
"In Minnesota’s 57th Congressional District, 35 jobs have been saved or created using $404,340 in stimulus funds. In New Mexico’s 22nd Congressional District, 25 jobs have been saved or created using $61,000 in stimulus cash. And in Arizona’s fighting 15th Congressional District, 30 jobs have been saved or created with just $761,420 in federal stimulus spending.

The it-would-be-funny-if-it-weren’t-our-tax-dollars-at-stake punch line here is that none of the above Congressional Districts actually exist. Yet those jobs “created or saved” claims still sit on the Obama administration’s official “transparency and accountability” website Recovery.gov. "
- Morning Bell: The Fake Jobs of Obama's Failed Stimulus

ABC News Exclusive: Obama Admin Slashed 60,000 Jobs From Recent Stimulus Report:
- The Obama administration, under fire for inflating job growth from the $787 billion stimulus plan, slashed over 60,000 jobs from its most recent report on the program because the reporting outlets had submitted "unrealistic data," according to a document obtained by ABC News.
- Exclusive: Obama Administration Strips 60K Phantom Jobs From Stimulus Report

THE FAKE JOBS OF THE FAILED STIMULUS
- In Minnesota's 57th Congressional District, 35 jobs have been saved or created using $404,340 in stimulus funds.
- In New Mexico's 22nd Congressional District, 25 jobs have been saved or created using $61,000 in stimulus cash.
- And in Arizona's fighting 15th Congressional District, 30 jobs have been saved or created with just $761,420 in federal stimulus spending.
- THE FAKE JOBS OF THE FAILED STIMULUS




Do the math.... 96,610,000 out-of-work Americans does NOT = 5.6% unemployment...

...and let me know if you need any more of the MANY links debunking all those Obama 'Jobs Created / Saved'....

 

[BluesLegend]

Things are going great in the Obama economy? Fantastic then there's no need to raise my taxes hell we can probably cut taxes, awesome news!

 

[TheOldSchool]

Every day more people retire than turn 16 in this country. That number is going to keep going up no matter what party is in power.

 

[easyt65]

Things are going great in the Obama economy? Fantastic then there's no need to raise my taxes hell we can probably cut taxes, awesome news!

Good thing we have too many jobs / our unemployment rate is only 5.6% since Obama is bringing in so many illegals and Syrian 'refugees' who are going to need jobs! At 5.6% unemployment we can 'afford' a few hundred thousand Americans to lose their jobs so all these foreigners can have some, right?

 

[JakeStarkey]

So you flunked math right through public and higher education and so did the folks on whom you rely for stupid comments.

Thanks for putting me and these economic experts in our places with that devastating, 'highly-supported' OPINION: "Uh-Uh!"

How else can we respond to your silly comments?

 

[JakeStarkey]

The hyperbole and false equivalencies show that the far right is on the run again.

 

[easyt65]

Every day more people retire than turn 16 in this country. That number is going to keep going up no matter what party is in power.

Taking what you said into account, right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class.

96,610,000 Americans out of work....not long ago Obama took it upon himself to grant approximately 4 MILLION illegals in this country the 'right' to (violate existing US law that prohibits illegals from obtaining work) compete with those millions of out-of-work Americans for existing jobs.

Then we add in the thousands of Syrian terro...er, 'refugees' he's bringing here who are going to need jobs.....and his decision to bring in more each year while also letting thousands of illegals to continue to pout across our southern border.....

The current job growth rate is not sufficient to maintain / replenish the Middle Class, who does most of the tax-paying to support all the government's spending and who fund all the B$ socialist programs this administration / the govt keeps doling out.

Socialism is GREAT as long as the Socialists don't run out of other people's money and jobs/people who pay taxes to keep that money flowing in...which is starting to happen

 

[Stephanie]

didn't they have it at 5.1% at one time

they do think like Gruber and really think you are all stupid out there

 

[pinqy]

The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words they were neither employed nor had made specific efforts to find work in the prior four weeks.

The number of individuals out of the work force last month — due to discouragement, retirement or otherwise — represented a substantial 579,000 person increase over the most recent record, hit in August, of 94,031,000 people out of the workforce.

The civilian labor force in September clocked in at 156,715,000, declining by 350,000 people, compared to August’s 157,065,000 labor force level.

September’s participation rate dropped to 62.4 percent, matching the lowest level seen since October 1977.

While 94,610,000 (That's 94 MILLION 610 THOUSAND) Americans are currently out of work / not working,

Ummm no...that's just the number not trying to work. There are 7.9 million more who are actually trying to get a job.

the Obama administration, evidently using Common Core math, is claiming (according to one report) that the Unemployment rate in the US is 5.6%!

No, it's 5.1% The percent of the labor force that is unemployed.

1. FACT: "If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as 'unemployed'. That's right, you are not counted in the Obama Administration's Unemployment Rate figure we see relentlessly in the news -- currently 5.6%."

There are around 635,000 people who have "given up." The rest of the 94 million either have never looked for a job, can't work, don't want or don't need to work, or stopped looking for some personal reason (such as looking after a family member).

2. FACT: "If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%."
-- That's right...if you are out of work, you have to provide for your family, and the only work you can find is mowing your neighbors' yards for $20 a week (because they feel sorry for your broke ass) you are NOT considered 'unemployed'! (I wonder if the Obama administration counts Homeless people who beg on the street and who make at least $20 a week doing that as 'employed'?! )

There is no $20 minimum. But what number do you suggest? I had a job as a teenager where I worked 1-2 hours a week. It's all I wanted or needed while going to school and gave me an in for summer employment. I was not unemployed.

Here's a 'Bonus' stat / fact for you:
FACT: "If you have a degree in chemistry or math, if you're a CEO who just got laid off, or if are a highly skilled laborer whose job was just shipped off overseas and are working 10 hours part time because it is all you can find -- in other words, you are severely underemployed -- the government STILL doesn't count you in the 5.6% of people 'unemployed'.

Why should someone who has a job be classified as unemployed?

Let's say someone has an MBA and was working on Wall Street for $500,000 a year, but then is convicted of fraud, goes to jail, and the best job he can get from the halfway house is a job at Burger King....is he underemployed or is that the appropriate employment for a felon? Underemployment is too subjective.

 

[easyt65]

I still haven't seen anything but in response to the proven FACTS

above,which is understandable because they ARE facts....


...wait...here comes some MORE .

 

[rightwinger]

4 Million Baby Boomers drop out of the workforce every year. That means you need 333,000 new jobs every month just to break even

Do 10,000 baby boomers retire every day?

There are also fewer young workers entering the workforce than there were 30 years ago. 30 years ago, an 18 or 19 year old could get a job and support themselves. Today, that is not the norm

 

[CrusaderFrank]

So you flunked math right through public and higher education and so did the folks on whom you rely for stupid comments.

Reactionary Jake offers no convincing explanation and beat g5000 to the defense of Obama

 

[TheOldSchool]

Every day more people retire than turn 16 in this country. That number is going to keep going up no matter what party is in power.

Taking what you said into account, right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population, 18 years and older. We need that to be 50% and a bare minimum of 10 million new, good jobs to replenish America's middle class.

96,610,000 Americans out of work....not long ago Obama took it upon himself to grant approximately 4 MILLION illegals in this country the 'right' to (violate existing US law that prohibits illegals from obtaining work) compete with those millions of out-of-work Americans for existing jobs.

Then we add in the thousands of Syrian terro...er, 'refugees' he's bringing here who are going to need jobs.....and his decision to bring in more each year while also letting thousands of illegals to continue to pout across our southern border.....

The current job growth rate is not sufficient to maintain / replenish the Middle Class, who does most of the tax-paying to support all the government's spending and who fund all the B$ socialist programs this administration / the govt keeps doling out.

Socialism is GREAT as long as the Socialists don't run out of other people's money and jobs/people who pay taxes to keep that money flowing in...which is starting to happen

Every President in U.S. history has let undocumented immigrants enter the country. And we've been taking in refugees for decades. Yet somehow, we've survived. Hmm.

 

[easyt65]

4 Million Baby Boomers drop out of the workforce every year. That means you need 333,000 new jobs every month just to break even

Do 10,000 baby boomers retire every day?

There are also fewer young workers entering the workforce than there were 30 years ago. 30 years ago, an 18 or 19 year old could get a job and support themselves. Today, that is not the norm

44% versus the 50% we need to maintain the middle class....

 

[CrusaderFrank]

Jobs created during U.S. presidential terms - Wikipedia, the free encyclopedia

And that has what to do with the OP?