IF WE HAD 92 MILLION OUT OF WORK FOR 2 YEARS NOW NOW WE HAVE ANOTHER 92 MILLION OUT OF WORK HAFT OF THE USA IS OUT OF WORK

All-Time High 92,120,000 Americans Out of Work Force in June

July 3, 2014 By Matthew Burke

 

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Over a quarter of the nation’s population is not working and is also not looking for work, according to new June data released on Thursday by the Bureau of Labor Statistics (BLS), an agency of the federal government.

According to the new report, over 92,120,000 of Americans age 16 and older did not participate in the labor force in June, an increase of 111,000 over April’s report.

The labor force participation rate for the month of June, according to the BLS, was just 62.8%, which matched a 36-year low.

The graph below shows major declines in the number of Americans working, contrary to the highly doctored official unemployment statistic, which has deceptively shown a declining number, indicating that unemployment is getting better.

It’s actually not, when you take into account the massive number of Americans who have not only left the labor force, but have quit looking for work since the Obama regime came into power.

Labor Force Participation Rate. Source: BLS

No president since Jimmy Carter has had such an abysmal labor force participation rate.

While you will read about the unemployment rate declining in the mainstream media, attempting to prop up the failing controlist economic stranglehold of the Obama regime, the real picture is above.

And it’s anything but “progress.” Not even a “smidgen.”

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