The Unemployment Farce: Only 42% of People Working

Worst news ever!! The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000.  … In July, there were 155,013,000 in the U.S. civilian labor force. In August that dropped to...

Labor Force Participation Rate Lowest Since 1981

This story is actually over a month old.  It’s been sitting in the “drafts” folder.  Still just as relevant as the day it was published. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000....

Labor Force Participation Rate Messes with Unemployment Rate

Exactly a month ago I wrote about the bogus employment numbers claimed for the Chicago area.  I claimed that there were no actual jobs “created” and that the only reason the employment rate went down was because people simply left the job market....