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For Every Person Added to Labor Force, 10 Added to Those Not in Labor Force
The Weekly Standard ^ | October 15, 2012 | DANIEL HALPER

Posted on 10/15/2012 10:25:30 PM PDT by Steelfish

For Every Person Added to Labor Force, 10 Added to Those Not in Labor Force OCT 15, 2012 • BY DANIEL HALPER A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force. Here's a chart showing the dwindling labor force:

"For Every 1 Person Added To Labor Force Since January 2009," the chart reads, "10 People Added To Those Not In Labor Force."

That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.

The chart relies on data available from the federal Bureau of Labor Statistics.

"The numbers represented in the chart are a measure of growth from January 2009 through September 2012," the Republican side of the Senate Budget Committee explains. "The data is sourced from the Bureau of Labor Statistics’ Current Population Survey, a sample of 60,000 households conducted by personal and telephone interviews.

Basic labor force data are gathered monthly. The labor force consists of all people aged 16 and over either employed or actively seeking work. It does not include discouraged workers, people who have retired, or those on welfare or disability who are no longer looking for work. The 'not in the labor force' group is defined as the total civilian non-institutional population minus the labor force."

(Excerpt) Read more at weeklystandard.com ...


TOPICS: Politics
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1 posted on 10/15/2012 10:25:33 PM PDT by Steelfish
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To: Steelfish

President Bush created 10 million jobs, Obama lost 8 million. Obama saved 2 million jobs. Headlines tommorow? Obama created or saved 2 million jobs! Great chart and should make a great ad.


2 posted on 10/15/2012 10:48:48 PM PDT by DISCO
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To: Steelfish

I ran into a guy walking into the unemployment office today that had been out of work for a year. I struck up a conversation by asking how is it going. He was quick to say not good. Then he explained how he got edged out of a job by a friend of the boss that need a job.he was in his fifties. His car sounded like the engine was on its last legs. Sad. I gave him some money for gas. After I gave it to him he said amazing. He was not sure he had enough gas to get home.

Bad bad economy


3 posted on 10/15/2012 11:40:35 PM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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To: Steelfish

And of course the Senate immediately voted to pull all the TSA away from harassing that one that works and to put the TSA on the Southern Border as of tomorrow. /s


4 posted on 10/16/2012 2:47:38 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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