Published on Mar 7, 2015 by PressTV News Videos
An official report shows nearly one-third of Americans are out of the labor force and this trend has been intensified since President Barrack Obama came to power.
The data is released by the Bureau of Labor Statistics which is a unit of the US Department of Labor. The bureau is the main fact-finding agency for the US government. It says a record high of nearly 93-million Americans, aged 16 and higher, are not involved in the work force. That is the highest number since 1978. When President Obama took office in 2009, the number was around 80-million, meaning that over 12-million citizens have left the workforce during his term.
But…but…they said we were at “full employment” and that unemployment was nearly 5%. 😯 (sarcasm)
Were I live we have 25% unemployment. Talk about bad! 75% of those are called house wifes. The other 5% are looking for work.