Americans Not In The Labor Force Rise To Record 93,194,000

Americans Not In The Labor Force Rise To Record 93,194,000 (ZeroHedge, May 8, 2015):

In what was an “unambiguously” unpleasant April jobs payrolls report, with a March revision dragging that month’s job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called “market” which continues to reflect nothing but central bank liquidity, and thus – the accelerating deterioration of the broader economy.

Not in Labor Force

End result: with the civilian employment to population ratio unchanged from last month at 59.3%, one can easily on the chart below why there will be no broad wage growth any time soon, which will merely allow the Fed to engage in its failed policies for a long, long time.

employment population ratio

4 thoughts on “Americans Not In The Labor Force Rise To Record 93,194,000

  1. Over 93 million working age Americans are long term unemployed…..33-37% of the population of 316 million (allowing for children and elderly)….a far cry from the 5.4% unemployment blared from every US media outlet.

    I have been in hospital since April 16th…..glad to be going home soon where I am free from TV invasion…….

    The TPP, Obama’s version of NAFTA works against American workers. If it passes…..40% more jobs will be lost, and corporate laws will have precedent over our own national labor, wage and safety laws. This is NAFTA on steroids, and I find it appalling there are fools who still see this clown as a friend of the people……All of his efforts will grow long term unemployment…….it is madness.

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