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More Than 30% of U.S. Population Unemployed
Posted By: RumorMail [Send E-Mail]
Date: Monday, 11-Mar-2013 01:35:57
A World’s Record: More Than 30% of U.S. Population Unemployed
March 8th, 2013
The number of Americans designated as “not in the labor force” in
February was 89,304,000, a record high, up from 89,008,000 in January,
according to the Department of Labor. This means that the number of
Americans not in the labor force increased 296,000 between January and
February.
The Bureau of Labor Statistics (BLS) labels people who are unemployed
and no longer looking for work as “not in the labor force,” including
people who have retired on schedule, taken early retirement, or simply
given up looking for work.
The increase marks the second month in a row, after rising in January
from 88.8 million in December. Those not in the labor force had
declined in December from 88.9 million in November.
http://cnsnews.com/news/article/record-89304000-americans-not-labor-force-296000-fewer-employed-january
89 million not in the labor force = 29%, give or take, assuming the
US population is 310,000,000 + official unemployment 7.7%
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http://investmentwatchblog.com/a-worlds-record-more-than-30-of-u-s-population-unemployed-as-dow-closes-at-brand-new-all-time-record-high/
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2 comments:
It's disconcerting that this article was posted. To say that the 89 million Americans are not in the labor force represents people who are "unemployed" in the common usage of the word is both a gross misrepresentation and wholly irresponsible.
A third grader could cut through this logic. The 89 million people includes infants, retirees, elementary, middle, most high school, most college, and many graduate students. The 89 million also includes the millions of people who are undocumented workers and other actual American citizens who just work under the table.
While I'm confident that through official figures of the unemployed are MUCH higher than what the government tells us, the unemployment rate is not 30%. That's higher than during the Great Depression.
These articles need to be vetted more carefully.
I know the goberment says things are improving but we are in a depression. The confusion out there is palpable because too many still believe what they are told but know something is wrong. If you went back to how goberment figured things in the 80's our unemployment would be around 23%-24%. Nothing is real, the sooner you figure that out the sooner you are able to disconect from the Matrix.
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