368,000 Americans GIVE-UP Looking For Work
…and consequently the jobless rate slips to 8.1%. I’m sure someone in the Obama administration is thinking this sounds like a “Plan”.
The administration finally has results-oriented advice for the jobless that is bringing down the unemployment rate: stop looking.
— jimgeraghty (@jimgeraghty) September 7, 2012
A 30 YEAR LOW in the workforce.
Dear GOD.
Nanny State, People, Politics | tree hugging sister | 
September 7, 2012 8:43 am
Subscribe
Think things are bad now? Watch this and weep.
http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0
Makes me wonder how many people I’m going to wind up “carrying” via my taxes in the future.
“Would the last person in the workforce please turn out the lights?”
So is reported unemployment is 8.1%, but that doesn’t include everyone who has given up looking for work, the real unemployment number is north of 15%, 18%? There should be riots in the streets, but gov’t largess is keeping the peace among the natives… and the illegal natives.
Hello Mori;
From “http://www.heldrich.rutgers.edu/sites/default/files/content/Work_Trends_September_2011.pdf” one year ago.
No better since then.
Let us try that again.
Take two.
You must watch this. Joe Scarborough to the rescue with what the unemployment numbers mean. As fools go, he’s in Wassweman-Schultz range.
http://newsbusters.org/blogs/julia-seymour/2012/09/07/math-hard-people-flee-workforce-morning-joe-sees-good-news
That’s Joe “Screw-Your-Borough” to those of us lucky enough to be former consti’chents. O_o