Kliphnote: How can anyone support or even think Obama is doing a good job? The economy is the worse in a lifetime and NOT getting any better. The US is in debt that it will never get out of in my life. North Korea threatening to Nuke the US, South Korea or Japan. And Iran is building a nuclear weapon. And some narrow minded people think Obama is great only because he wants gay marriage and national health care. Get Real!
North Korea tells Brit diplomats to get out — then sets chilling April 10 deadline
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."
People not in labor force:
Labor participation rate:
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