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 […]

Apr 5 2015

Record 93.2 million Americans now not in the labor force: The not in the labor force rebound added 277,000 Americans in March alone.

In the last year alone we have added 2.1 million Americans to the “not in the labor force” category.  This mysterious category continues to grow and is having a field day with the employment data.  It is hard to ignore this number because it represents a large portion of our population that is simply not […]

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