With today’s unemployment rate came this news:
“The number of Americans 16 years and older who did not participate in the labor force–meaning they neither had a job nor actively sought one in the last four weeks–rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor Statistics. That is the first time the number of Americans out of the labor force has exceeded 93 million.”
“Also from February to March, the labor force participation rate dropped from 62.8 percent to 62.7 percent, matching a 37-year low.”
The economy has to generate 350,000 jobs/month to stay even with current population grown – when’s the last time we got even TWO of those in a row under the current 6 year regime of Barack Hussein Obama?
(H/T: CNSNews)
