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January 12, 2012
That Old Barack Magic: "Nearly 1 Million Workers Vanished Under Obama"
According to the BLS, the "labor force participation rate" — the ratio of the number of people either working or looking for work compared with the entire working-age population —is now 64%, down from 65.7% when the recession ended in June 2009. That's the lowest level since women began entering the workforce in far greater numbers several decades ago. If you adjust for this drop, the unemployment rate would be close to 11%, instead of the official 8.5%. -- Investors.com
Posted by gerardvanderleun at January 12, 2012 6:04 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
Could be true. This engineer and versatile machine designer, convinced that only a fool would continue to work under this regime, has vanished from the workplace.
Posted by: Rudder Hard Right at January 14, 2012 2:56 AM