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« Feds Prepare To Unleash 30,000 Spy Drones Over America | Main | Peter Schiff: 'Of Course We're Not Going To Pay Back The Chinese' »
Friday
Oct262012

CHART SHOCK: 8 Million Quit Labor Force Under Obama

Ten Times More Workers Quit Labor Force Than Have Entered

8.2 Million Workers Leave U.S. Labor Force Since Obama Took Office

"A large number of workers have become so discouraged that they simply stopped looking for work and left the labor force entirely."

A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force.  That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.

The labor force consists of all people aged 16 and over either employed or actively seeking work.  It does not include discouraged workers, people who have retired, or those on welfare or disability who are no longer looking for work.  The chart relies on data available from the Bureau of Labor Statistics.

Since January 2009, the labor force has grown by 0.54 percent, or 827,000 people (from 154,236,000 to 155,063,000).  Those not in the labor force grew by 10.2 percent during the same period (8,208,000 people).

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Reader Comments (11)

French President François Hollande has said he will end homework as part of a series of reforms to overhaul the country’s education system. And the reason he wants to ban homework?

He doesn’t think it is fair that some kids get help from their parents at home while children who come from disadvantaged families don’t. It’s an issue that goes well beyond France, and has been part of the reason that some Americans oppose homework too.

http://www.washingtonpost.com/blogs/answer-sheet/wp/2012/10/15/french-president-pushing-homework-ban-as-part-of-ed-reforms/
Oct 16, 2012 at 3:00 AM | Registered CommenterDailyBail
If you were bright enough to recognize that the man lying in the gutter unconscious was in diabetic coma, you would never say he was not ill because he was not actively seeking health care- but this is exactly how Obama has been spinning the so-called improvement in the unemployment statistics. And it appears that a gullible public is falling for it
Oct 16, 2012 at 3:01 AM | Unregistered CommenterRobert
Oct 16, 2012 at 3:02 AM | Registered CommenterDailyBail
Feds: Airline passenger with weapons cache had computer manuals on ways to hunt, kill people

http://ca.news.yahoo.com/feds-airline-passenger-weapons-cache-had-computer-manuals-203545781.html
Oct 16, 2012 at 3:03 AM | Registered CommenterDailyBail
Robert wrote: And it appears that a gullible public is falling for it

---

Not sure I agree. Most people think Obama has been horrible on the economy. His poll numbers are pretty awful in that regard.
Oct 16, 2012 at 3:04 AM | Registered CommenterDailyBail
DB, In this area the BOE has kind of taken a Montessori approach to school work. The student decides what he will study with little in the way of expectations from teachers and administrators. Had my kids VP pretty much say as much to us during a conference. Nearly fell out of my chair. They herd the kids in groups, by intellect. Public schools are a huge eugenics lab gone horribly wrong. Just a horrible mess. Massive amounts of kids on drugs from theit docs and teachers who are happy to tell you your kid has adhd. Shocking actually.
Oct 16, 2012 at 7:13 AM | Unregistered CommenterSKINFLINT
Off topic, "Massive Explosion on Monday at a Munitions Factory in Louisiana"

Didn't the onsite crew take off for the weekend prompting others to speculate WHY?
Oct 16, 2012 at 1:34 PM | Unregistered CommenterMel
Haven't heard. They said everyone was accounted for. Other than that I have no idea. Doesn't seem to be important enough for anyone to post anything on any news sites.
Oct 16, 2012 at 1:50 PM | Unregistered CommenterSKINFLINT
Does this account for the 10,000 baby boomer retirees per day? Because that would take 14.6 million out of the labor force in 4 years.
Oct 25, 2012 at 4:26 PM | Unregistered Commenterxham
I see now that it excluded retirees. That is one horrible statistic, feel like I'm back in UK.
Oct 25, 2012 at 4:29 PM | Unregistered Commenterxham

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