It's called the Workforce Participation Rate. Go check it out to see what a ******* disaster clown your president is.
The disaster clowns may have been in place before Obama took office:
Since this workforce participation in labor has seemingly neutered the gains made in reducing unemployment I was curious as to why that happened. The BLS statistics show the numbers but not the reasons behind that data. A White House report provided more insight.
A White House report says declining participation in labour force had pre-recession roots
Jul 17, 2014 Jim Kuhnhenn, The Associated Press 0
WASHINGTON – Declaring the Great Recession only partly to blame, White House economists say the increasing number of Americans dropping out of the labour force dampens economic growth and demands policy changes that create more job opportunities and add workers.
In a new report released Thursday, President Barack Obama’s Council of Economic Advisers point to an aging population as the biggest single factor contributing to the lowest participation rate in 36 years. The report also says the elevated unemployment rate, which climbed to 10 per cent in 2009, drove workers to put off looking for a job.
But they say other factors might be at play, including long-term declining rates for 24- to 54-year-old men and a more recent decline in the participation in the labour force by women.
The decline in the labour force — currently at 62.8 per cent compared to a high of 67.3 per cent in 2000 — has been one of the more baffling indicators to emerge during the economic recovery, clouding an otherwise improving jobs picture. The participation rate has declined even as companies have increased hiring and as the unemployment rate has declined.
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White House report says declining participation in labour force had pre-recession roots - Canadian Business