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91.8 million people unemployed...38% unemployment

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TEOTWAWKI

TEOTWAWKI

http://www.zerohedge.com/news/2014-01-10/people-not-labor-force-soar-record-918-million-participation-rate-plunges-1978-level

91.8 million people unemployed...38% unemployment Not%20in%20Labor%20Force%20Dec_0

The jobless, laborless recovery continues to steam on.

Guest


Guest

Leftist Seaoat will be here to help explain that it is because the boomer generation has now retired early rather than to continue working.

Hospital Bob

Hospital Bob

TEOTWAWKI wrote:http://www.zerohedge.com/news/2014-01-10/people-not-labor-force-soar-record-918-million-participation-rate-plunges-1978-level

91.8 million people unemployed...38% unemployment Not%20in%20Labor%20Force%20Dec_0

The jobless, laborless recovery continues to steam on.

Please explain something about that graph.
It says the dark line refers to "people not in the labor force". "People" would be anyone of any age wouldn't it? In other words does that include babies, and seniors and all the "people" you would not expect to be "in the labor force"?

Guest


Guest

It includes people who should be working, but are not.

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