Looking at the new unemployment numbers

The number of people not in the labor force soared by 450,000 in June. Those not in labor force who want a job grew by 310,000. It is just shocking that people are still leaving the labor force two years into a recovery. The job participation rate is back to where it was over 27 years ago. The data are available here.



Blogger Chas said...

Markie Marxist sez: "It looks like we're moving capitalist America in the right direction. And people said that my commie compadre, Comrade President Obama, didn't know what he was doing! Ha! Ha!"

7/09/2011 7:32 AM  

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