Editor’s Note: We have more people unemployed in America today than ever before and the real unemployment rate is hovering around the same levels as the Great Depression.
Nearly one in four Americans are unable to find work, but according to the statistics being released by the government and parroted by the mainstream media, we are now at ‘full employment’ in this country.
The nearly 50 million Americans on food stamps and over 90 million people who are not in the workforce might disagree...
In the following analysis Michael Snyder, author of The Beginning of the End and founder of The Economic Collapse Blog, explains what’s really happening on Main Street.
...#2 The percentage of working age Americans that have a job right now is still about the same as it was during the depths of the last recession. Posted below is a chart that shows how the employment-population ratio has changed since the beginning of the decade. Does this look like a full-blown “employment recovery” to you?…
#3 The primary reason for the decline in the official “unemployment rate” is the fact that the government now considers millions upon millions of long-term unemployed workers to “no longer be in the labor force”. Just check out the following numbers…
The number of Americans participating in the labor force has been on a decline for the past few years. Nearly 33 percent of the Americans above age 16 are not part of the workforce, the highest number since 1978. The Bureau of Labor Statistics (BLS) report issued recently has found 92,898,000 Americans above age 16 not a part of the labor force of the country as on February 2015.Read on and demand the truth from our government!
When President Obama took over the office in January 2009, nearly 80,529,000 Americans were not a part of the labor force. The number has increase by nearly 12 million over the last few years...
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