According to the Labor Dept., 11,742,000 people are currently unemployed
See here:
http://research.stlouisfed.org/fred2/series/UNEMPLOY
In addition, the U.S. Bureau of Labor Statistics says that there are 89,967,000 working age Americans that are “not in the labor force”. That is a new all-time record, and that number increased by a whopping 663,000 during the month of March alone.
See here:
http://research.stlouisfed.org/fred2/series/LNS15000000
I wonder if we should add the 11 Million to the 89 Million, because if that is the correct methodology, we have nearly 100 Million who are not working in America.
That’s almost equal to the population of Spain and Italy combined.