Since 2009: 10 dropped from Labor force for every 1 added

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_bcspace
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Since 2009: 10 dropped from Labor force for every 1 added

Post by _bcspace »

"For Every 1 Person Added To Labor Force Since January 2009," the chart reads, "10 People Added To Those Not In 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 chart relies on data available from the federal Bureau of Labor Statistics.

http://www.weeklystandard.com/blogs/every-person-added-labor-force-10-added-those-not-labor-force_654547.html
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_moksha
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Re: Since 2009: 10 dropped from Labor force for every 1 adde

Post by _moksha »

Yike, people start dropping like flies from the labor force once the baby boomers started retiring. Maybe Mitt can force them to unretire when he cuts their mooching benefits.
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