NEW YORK (CNNMoney) -- There are far more jobless people in the United States than you might think.
While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. And hiring isn't strong enough to keep up with population growth.
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As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population.
"We've been getting some job growth and it's been significant, but it hasn't yet been strong enough that you start to get people re-engaging in the labor market," said Keith Hall, a senior research fellow at the Mercatus Center and former commissioner of the Bureau of Labor Statistics.
Job market dropouts
A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. As of April, only 63.6% of Americans over the age of 16 fell into that category, according to the Labor Department. That's the lowest labor force participation rate since 1981.
It's a worrisome sign for the economy and partly explains why the unemployment rate has been falling recently. Only people looking for work are considered officially unemployed.
The 86 million invisible unemployed - May. 3, 2012
82 million of whom do not want a job!!!
If the author of that article really wanted to know the breakdown of the quite visible unemployed, the BLS provides that data for all who want to know. But CNN, the Conservative News Network, obviously couldn't care about anything other than shilling for the GOP.
The discouraged workers the shill implies are in such great numbers are less than a million and declining!!!! But that doesn't help the GOP so the shill plays dumb like a good little CON$erviNutzi. Now the lying shill Hall was a commissioner for the BLS so it is impossible for him NOT to know about the below BLS link enumerates why they are not in the labor force and exactly how many are "disengaged" like Everett!!!!!
From your link:
Last year there were 86 million people who didn't have a job and weren't consistently looking for one, according to Labor Department data.
Older people, ages 65 and over, account for more than a third. Young people between 16 and 24 make up another fifth. More than half don't have a college degree and more than two thirds are white.
Many of the teens and 20-somethings may be enrolled in either high school or college full-time. And many of the over 65 crowd are probably retired.
But what about the other 36 million folks who fall in between?
The truth is, the Labor Department simply doesn't know why they're not in the labor force. Many may be staying home with children or other relatives. Some may have gone back to school or retraining programs. Others could be disabled and unable to work, and some may have retired early.
"Even in the best of times, there are millions of people who don't want to work for a variety for reasons,"
Hall said.
But he suspects the number of "disengaged" Americans, like Everett, is higher than usual as a direct result of the recession.
A-38. Persons not in the labor force by desire and availability for work, age, and sex