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A World’s Record: More Than 30% of U.S. Population Unemployed


THAT IS A STAGGERING NUMBER!

The number of Americans designated as “not in the labor force” in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February.

The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work.

The increase marks the second month in a row, after rising in January from 88.8 million in December. Those not in the labor force had declined in December from 88.9 million in November.

http://cnsnews.com/news/article/record-89304000-americans-not-labor-force-296000-fewer-employed-january

89 million not in the labor force =  29%, give or take, assuming the US population is 310,000,000 + official unemployment 7.7%

 

DOW CLOSES AT BRAND NEW ALL-TIME RECORD HIGH: Here’s What You Need To Know

Another all-time high for the Dow.

 

First the scoreboard:

Dow: 14,390, +61.4 pts, +0.4 percent
S&P 500: 1,551, +6.9 pts, +0.4 percent
NASDAQ: 3,244, +12.2 pts, +0.3 percent

Read more: http://www.businessinsider.com/closing-bell-march-8-2013-2013-3#ixzz2N07y8hYv

 

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  • mytakeis

    Since fewer workers spend less money the notes out there deteriorate. Takes more to buy something. So the DOW of yesterday took less money notes to buy as is today. So what’s the big deal about record highs? It’s just less valuable notes reflecting the worth of stock. Fiat fantasies playing out.

  • Mayer

    Zimbabwe had the best performing stock market of the past decade but your entire portfolio wont buy a few eggs. They turned to 2 things- US dollars and gold. Now think what will happen when the entire world inflates and can’t turn to a reserve currency (US dollars). THERE IS ONLY ONE THING REMAINING. GOLD(and Silver :))

  • arizona

    wwwwwa

  • arizona

    HERES something for all you morons with lots of stolen money in your pockets,NO ONE is going to stand by and watch his 5 year old starve to death,knowing who’s fault it is he don’t have a job and you work for the government making 90,000 dollars a year or more…………your day’s coming,and the rope will be new,so you won’t be able to bitch about that………..

  • arizona

    YOU guys,your math sucks,working age americans ,with a job-63%,working age americans with no job-37% ,this is 2011 news,it probly a lot higher number now,OH and how long do you think,outlawing “feeding the poor”men,women,CHILDREN………how long do you really believe this will fly,before your worthless life is snuffed out because of it…………………..

  • david

    I think this is a very good thing .people are able to take the time to do all the things they ever wanted to do but never had the time. Besides going to work was always a hassle and nobody wanted to do that kind of crap anyways. The government knows this and are just trying to give the people more of what they want free time to enjoy their leisure activities. Who would complain about this anyways. David

    • mark

      To David: I will complain…might even bitch some.When you have this time but absolutely no money to be able to do something for yourself in terms of “any” activities,at all…..well it is depressing.

  • dolly lama

    if the population is over 300M, this includes children who don’t normally work or look for work (the last time i checked). i think this is what’s called a mulligan in golf. in other words, start over. if this is true, than it’s more like 50% unemployment (for adults, not children or minors, as we like to say).

  • Faiths Burden

    All by design too !

    They are brilliant at playing the numbers game and
    they will keep telling you everything is fine even when “no one is working”,
    and standing in “week old bread” lines.

    And the majority of the ignorant population will believe every word
    because the terrifying truth is just too hard to bare.

    The Government has turned on it’s people and is in league with

    foreign powers that care nothing about you or your families.

    They do not care you are hungry, they do not care if you
    starve to death, All they want is the infrastructure and the
    natural resources that your government has sold to them.

    It’s way past too late people.

  • http://www.booksbyoliver.com/ MountainHome

    I’ll believe the 89 million without a job more than I’ll believe the way the USG tells us how many are unemployed. The continue to redefine ‘unemployment’ in their formula to make things look like all is well.

    A TIME TO STAND by Oliver is a must read about decent Americans taking a stand against this federal tyranny.It’s about the 2nd American Revolution. It’s provocative so I recommend it.
    What is not talked about is the under-employed now that ‘ObamaCare’ is forcing businesses to cut back on hours of employment. Government too big to fail? No.

  • Bobby

    Come on!! In the first place, politicians like John,”Americans wouldn’t pick lettuce for fifty dollars and hour”, McCain, keep getting elected by “dumbhead” Americans. They cant seem to connect the dots,etc………..HE’S CALLING AMERICANS LAZY. Or take, Lindsay Graham, “Americans and South Carloninans are bigots”.because they don’t like illegal immigration and amnesty that he’s pushing,etc.) Yet, he was just re-elected by dumb head, whipped South Carolinans that seem lacking in even an ounce of pride,etc.
    These “representatives” in Congress and the Senate, have been along with Wall Street, outsourcing your jobs, insourcing your jobs, allowing Mexico to export their social problems to the U.S., and re-distributing American citizens wealth and jobs(twenty million foreign nationals illegaly in the country are not picking lettuce) to Mexico’s citizens and other nations, AND THESE PHONY POITICIANS TALK ABOUT JOBS!!!! Again, COME ON!! Americans need to call them out!! Where for instance, are all of the concerned LEFTISTS?? oH, i’M SORRY, they are concerned about everyone other than American citizens. Of course the Right is not better, it’s just that the CORPORATE LEFT is sickening with their “platitudes”, when they are no better than the phony Republicans.