Jun 4 2017

Those not in the labor force grew by 608,000 last month to 95 million: We’ve added more than 16 million people to this shadow army of non-workers over the last decade.

Another month and the army of “not in the labor force” Americans continues to grow in record fashion.  So of course, the employment rate looks fantastic when you yank out 95 million people from your analysis.  Last month a stunning 608,000 people were added to the not in the labor force category.  Sure, some of […]

Jan 7 2017

Record 95.1 million Americans not in the labor force. The challenge of having an army of non-working adults.

The year definitely ended with a bang and the number of Americans not in the labor force is now at a record high as well.  95.1 million Americans are now floating in the “not in the labor force” category that finally got some mainstream attention in 2016.  This is a big deal because you have […]

Nov 6 2016

94,609,000 adult Americans not in the labor force: In January 2009, 80,529,000 were not in the labor force. Now we’ve added 14 million Americans.

There is truly a silent majority in the United States and those are people that are not in the labor force.  It is hard to believe but since January of 2009 we have added a whopping 14 million Americans to the already staggering number of adult Americans that are not in the labor force.  Many […]

Jul 6 2016

Those not in the labor force grows by 25,000,000 people from 2000 to 2016: During this same period those employed grew by 15 million and those unemployed grew by 6 million.

The unemployment rate looks dramatically better than it really is because of some funny accounting.  Our labor force looks dramatically different from what it did in 2000.  A large part of the low unemployment rate is coming from those not in the labor force.  I’m fascinated with this aspect of the employment situation because it […]

Jun 8 2016

Record Shattering 94.7 Million Americans Not in the Labor Force. Up by 664,000 in One Month.

he employment figures have turned into one giant inside joke.  The mainstream press living in perpetual bubbles thinks that most of the American public is following one giant conspiracy theory if they don’t simply accept that everything is fantastic in the economy.  The funny thing is that the same reporting agency that gives us a […]

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