Jim Hoft:
Yesterday we found out another 800,000 Americans left the work force.
The Labor Force Participation Rate plummeted to its lowest rate since 1978.
The number of Americans out of the labor force is now an all time high – 92 million.
Another Obama unemployment lineSo, it’s laughable that Barack Obama today claimed his “number one priority” was to create more jobs.
Via The White House:
Is this his 18th or 19th ”pivot” to jobs?
It’s been a great talking point over the years.
Pity he’s done nothing to back up his empty words.
His claim of creating 9.2 million new jobs over 50 consecutive months of job growth would be OK were it not for the truth of the fact that new employees through population reaching age 18 needed 17,500,000 (Seventeen MILLION five hundred thousand) jobs over that same period JUST TO STAY FLAT!
On top of all the new young workers we’ve needed jobs for are all those laid off besides!
And what is is?
More than 50% of all jobs created since Obama redefined full-time as over 30 hours a week are UNDER 30 hours a week!
And, many of the job fairs seem to be a waste of time. Most that attend say the majority of the jobs are of the part-time, 20-30 hours a week kind, paying between minimum wage and $10 an hour. Some of my friends who have gone to these job fairs said the opportunity to interview more fully, let alone to be hired, are so few. Would my friends have taken any of the job offerings at these fairs? Yes, they would because they have families to support.
@David: #2,
David,
You have articulated the reality across a vast majority of the Nation, perfectly.
To make things worse, the cost of living is increasing and with the help of this Administration, your cost of getting to work is at an all-time high, unless you’re walking or riding a bicycle. But just wait a few years when your have a serious medical problem that needs tending to — you’ll need more than luck.
How can that be, when most of his never ending flood of regulations are oriented towards taking a big “Number Two” on business?
Only fools believe this man anymore.
Here’s an amazing graphic:
What Happens To The Unemployment Rate If You Add Back Labor Force Dropouts?
@David: I think the left calls that “freedom” and freedom is good, right?
@David:
This is congruent with the 29rs that ObamaCare is creating.
Additionally, turns out there’s a War on Women™.
After the “recovery” started in June 2009, the unemployment rate peaked at 10.1% at the tail end of 2009. According to these latest regime numbers, the unemployment rate has dropped around 38% since then. If so, and these are good paying jobs, it would stand to reason that we would see a 38% reduction in the number of people receiving handouts. Highly doubtful.
I found a rouge receipt around my house it was from October 31, 2001. It was a gas receipt from my husband. He has always owned a SUV. It was for a FULL TANK of GAS – want to guess how much that fill up cost? – $21.55
$21.55
Today… it is FOUR – FIVE TIMES THAT MUCH!! What does PELOSI have to say NOW?? – Silence, I hear the sound of silence….from the old witch named – Nancy PELOSI!
Did any of our work hours increase (OT)?? Did any of our SALARIES INCREASE by FOUR -FIVE TIMES?? – Why, of COURSE NOT! We are going Backwards instead of ….”Forward” which is the left’s not so famous communist slogan!!
There are 92 Million people without work!! And… 9 million jobs in 50 months is suppose to be some kind of a record??? What a hoot!
And (THIS) Government is “for” the little guy?? “WORKING FOR” The MIDDLE CLASS???
Can someone explain to me – just exactly “what” makes this so? Just HOW is OFraud or any one of those working in Washington DC…is actually ‘working’ for the “Middle Class” ???
I agree with Mully. Anyone, ANYONE who believes this man called O – FRAUD IS A FOOL!!!