5 Years Of Obama Has Decimated The American Work Force
Welcome to the New Normal
Curious why despite the huge miss in payrolls the unemployment rate tumbled from 7.0% to 6.7%? The reason is because in December the civilian labor force did what it usually does in the New Normal: it dropped from 155.3 million to 154.9 million, which means the labor participation rate just dropped to a fresh 35 year low, hitting levels not seen since 1978, at 62.8% down from 63.0%. source – Zero Hedge
And the piece de resistance: Americans not in the labor force exploded higher by 535,000 to a new all time high 91.8 million.
The jobless, laborless recovery continues to steam on.
|Print article||This entry was posted by NTEB News Desk on January 11, 2014 at 12:06 am, and is filed under Cloward-Piven Strategy, Obama, Washington. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed.|
about 6 days ago - 131 comments
about 6 days ago - 7 comments
Mr. Obama carved a broad exception for “a clear national security or law enforcement need,” the officials said, a loophole that is likely to allow the N.S.A. to continue to exploit security flaws both to crack encryption on the Internet and to design cyberweapons.
about 1 week ago - 45 comments
about 1 week ago - 14 comments
about 2 weeks ago - 19 comments
about 2 weeks ago - 84 comments
about 2 weeks ago - 81 comments
about 2 weeks ago - 15 comments
about 2 weeks ago - 16 comments
Just days after the deadline to enroll for insurance coverage through Nevada Health Link, the first class-action lawsuit has been filed on behalf of residents who say they signed up and paid their premiums – but were never given coverage.
about 3 weeks ago - 23 comments
Comments are closed.