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9.5 Million People Have Left Workforce Under Obama

(CNSNews.com) – 9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics.

In April, the total number of Americans counted as “not in the labor force” declined for the first time since December, but that number was still near a record high at 89,936,000.

http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama

Why Fewer Americans Are Starting New Businesses

America may be going out of business when it comes to starting new businesses, according to a recent report.

The study—from the non-profit New America Foundation—argues the U.S. is seriously in danger of losing its entrepreneurial spirit because the number of small business created has been declining since the 1970s.

“Most numbers collected on entrepreneurship haven’t reflected the increase in population,” says Lina Khan, co-author of the report and a policy analyst for the [...]

OWS Letter to the Editor in USA Today: We Will Storm Wall Street With Guns

Over at USA Today, a self-employed massage therapist from Austin, TX has a letter to the editor responding to an editorial suggesting that Occupy Wall Street has lost its way. (Snip) ” So maybe they should take up their Second Amendment-sanctioned guns and storm Wall Street and our nation’s capitals. If our country doesn’t change, it could very well come to that one day.” Notice the language here. Rich Latta, [...]

How did U.S. unemployment rise to 9% when the economy added 244,000 jobs in April?

The economy added 244,000 jobs in April but the unemployment rate skipped from 8.8% to 9%. What gives?

The number of jobs added comes from a survey of establishment payrolls. The unemployment rate comes from a separate survey of U.S. households. The household survey is much smaller than the establishment survey, and as a result it can swing around a lot — and move the unemployment rate up and down when [...]

The US economy HAS NEVER BEEN IN WORSE SHAPE even during the depths of the Great Depression.

Defaults and foreclosures are running a combined 15% on residential real estate. Unemployment is now around 22% and that isn’t even taking into consideration underemployment and massively reduced income for the self-employed. 48 of the 50 states are in massive economic trouble with Illinois, California, and New York (the largest) in dire economic straights as tax revenues continue to plunge. The federal deficit is now running $200 billion a month [...]

InvestmentWatch

9.5 Million People Have Left Workforce Under Obama

Why Fewer Americans Are Starting New Businesses

OWS Letter to the Editor in USA Today: We Will Storm Wall Street With Guns

How did U.S. unemployment rise to 9% when the economy added 244,000 jobs in April?

The US economy HAS NEVER BEEN IN WORSE SHAPE even during the depths of the Great Depression.

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