Obama 1st term: Those not in labor force increases 8 million

[_bcspace]

(CNSNews.com) - The number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term, according to the Bureau of Labor Statistics.

At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

http://cnsnews.com/news/article/first-term-americans-not-labor-force-increased-8332000

[_lulu]

(CNSNews.com) - The number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term, according to the Bureau of Labor Statistics.

At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

http://cnsnews.com/news/article/first-term-americans-not-labor-force-increased-8332000

That's why its being called the Great Recession.

Thank you George W. Bush.

[_ajax18]

Maybe they're holding out for management positions.

[_palerobber]

hey, did you catch the inauguration today, bcspace?

this country is so lucky to have Obama as president. whether you agree with his policies or not, i think we can all agree he's a class act, someone who brings honor and diginity to the office of President, and a Christian of the best stripe. God bless Barack Hussein Obama and our troops.

by the way, Happy MLK Day!

[_Kevin Graham]

Its called retiring baby-boomers dumbass.

[_Droopy]

That's why its being called the Great Recession.

Thank you George W. Bush.

You cannot be that uninformed, uneducated, dense, and intellectually sloppy.

Oh, Wait...

[_lulu]

That's why its being called the Great Recession.

Thank you George W. Bush.

You cannot be that uninformed, uneducated, dense, and intellectually sloppy.

Oh, Wait...

Such a substative response.

[_ajax18]

That's why its being called the Great Recession.

Thank you George W. Bush.

And yet we still need more immigrants or there would be nobody to harvest the crops or fill all the jobs we need filled. There are jobs, but they don't pay much better than welfare, so people refuse to do them. Why spend your life at work, when welfare will give you the same things for not going to work.

Thank you liberal left for punishing those that work with taxes and rewarding those that won't with welfare. Thank you for importing poverty and unskilled labor to drive down wages for working Americans. Thank you for taking away incentives for people to marry and responsibly form family units by only providing your welfare and free daycare to unwed mothers. Thank you for continuing to reward women who have children they cannot afford!