Oct 4 2015

Labor force catastrophe with more than half a million dropping out of the labor force: Record 94.6 million Americans not in the labor force.

The latest employment report was a complete disaster.  The only reason the unemployment rate remained unchanged was because a stunning 579,000 people dropped out of the labor force in one month.  We now have a record 94.6 million Americans categorized as not being in the labor force.  This massive drop cannot be explained by the […]

Sep 7 2015

Record shattering 94 Million Americans not in the labor force: The army of non-working Americans continues to grow.

The employment numbers released a few days ago left much to be desired right before entering into the nationally celebrated Labor Day holiday.  Not many people can enjoy the “labor” part of the holiday since those not in the labor force has hit another stunning record.  The latest gloomy figures show that 94 million Americans […]

Aug 7 2015

1 out of 3 American workers support the rest of the country: Those not in the labor force surges to another record at 93,770,000.

The latest employment figures did not help the market.  While the unemployment rate remained unchanged this is largely being driven by the massive number of Americans not in the labor force.  This is the biggest employment story going on for a couple of years but is completely ignored by the media.  It is also conveniently […]

Jul 4 2015

Non-working America soars by 640,000 in one month to new record of 93.6 million. Not in the labor force Americans up 11 million since 2010.

It is hard to believe that one out of every three Americans is financially supporting the other two-thirds.  The unemployment rate appears much lower than it is because of the odd math behind the labor force.  The latest unemployment rate of 5.3 percent sounds great until you realize that last month 640,000 Americans were plopped […]

Jun 3 2015

The working few and the inverted pyramid of labor: 1 out of 3 Americans financially carry the other two-thirds.

Last month a record 93,194,000 Americans were counted as not being in the labor force.  Counted might be the wrong word since this group is largely erased from any employment figures.  In fact, this is a large reason why the unemployment rate has fallen so dramatically.  Yet one grim financial reality remains.  That reality includes […]

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