9.5 Million Left Workforce under Obama

Although the media is touting a 7.5% unemployment rate (U3)  for April, real unemployment  (U6) went up from 13.8 to 13.9%

The reason?  People continually leave the work force and fall off of U3 counts.  While U3 looks great for the President (if you call 7.5% great) Real unemployment tells a different story.  9.5 million people have given up on the Obama economy.

9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics.

blog_labor_participation_1995_2013In 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.

Those not in the labor force declined by 31,000, from a record high of 89,967,000 in March.  That broke the recent record of 89,304,000 not in the labor force in February of this year.

Since February 2009, the first full month of Obama’s presidency, 9,549,000 people have left the labor force.  There were 80,387,000 Americans not working that month, compared with 89,936,000 not working or looking today, according to the latest economic release from BLS.

Read More of 9.5 Million People at  CNS News.

Twitter Response to Millions Leaving the Workforce under Obama

 

About Albert N. Milliron 6992 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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