94Million Americans are Not Working, But Foreigner WORKERS are Doing GREAT

Screen Shot 2016-05-06 at 12.33.35 PM

President Obama took office in January 2009.  When he did the labor force participation rate was 65.7%.  The number is now worse.  Although Obama likes to blame Bush, the recession inherited by the Obama ended in June 2009.  Even so, the labor force participation rate has continued to drop.  It hit 62.4% in September 2015.  That number (62.4%) is the worst since 1978.

The number of Americans not in the labor force in April totaled 94,044,000.  In March, the number was 562,000 less (in other words: the situation continues to get worse).

The Bureau of Labor Statistics says the economy added 160,000 jobs in April (compared with 215,000 in March).

The April unemployment rate held steady at 5.0 percent. (It was also 5.0 percent in March, up a tenth of a point from the 4.9 percent in January and February.)

In April, according to the Labor Department’s Bureau of Labor Statistics, the nation’s civilian non-institutional population, consisting of all people 16 or older who were not in the military or an institution reached 252,969,000. Of those, 158,924,000 participated in the labor force by either holding a job or actively seeking one.

The 158,924,000 who participated in the labor force equaled 62.8 percent of the 252,969,000 civilian non-institutional population.

The Bureau of Labor Statistics counted 5,793,000 people in April as “persons who currently want a job,” up from 5,712,000 in March.  The unemployment rate for the foreign-born is only 4.3%.

Since Obama took office the working-age, foreign born population has increase by 5.79 million and the working-age, native-born population has increased by more than 12.41 million. In that same period of time foreign-born people gained 4.08 million jobs while native-born people gained 6.55 million jobs.







 

Comment via Facebook

 

Comment via Disqus


dml-report-120116
DML’s December 1st Walk-N-Talk
dml-report-113016
DML’s 11/30 Walk-N-Talk
screen-shot-2016-11-29-at-4-48-27-pm
DML WALK & TALK 11/29
screen-shot-2016-11-27-at-11
DML WALK & TALK 11/28
Thanks for sharing!
Register to win! Free DML DVDs and shirts. Plus free iPads, gifts, and more. Enter your email to be eligible. A new winner is picked each week.

Send this to friend