Ya know, the records just keep stacking up for Barry "Almighty." The latest of which was achieved just this past February when the number of Americans designated as "not in the labor force" hit yet another all time record, having reached 89,304,000. That number is up from 89,008,000 in January, and it's according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February.
The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as "not in the labor force," including people who have retired on schedule, taken early retirement, or, as is usually the under Barry, simply given up looking for work. The increase marks the second month in a row, after rising in January from 88.8 Million in December. Those not in the labor force had declined in December from 88.9 Million in November.
We're told that the nation's unemployment rate decreased to 7.7 percent in February, which is being reported as down from 7.9 percent in January. But I think most of us are able to recognize these numbers are nothing more than pure fiction. Overall unemployment "has shown little movement, on net, since September 2012," the Labor Department said. Total nonfarm payroll employment increased by 236,000 in February, at least according to this report.
But to put things into a little better perspective here, when Barry first took office the number was at 80.5 Million people. So what we now have is nearly 10 Million fewer people in the work force than we had when Barry first diddy-bopped his cool self into the Oval Office just a little over 4 years ago. That’s absolute mindboggling! So it seems more than a little ludicrous to go around claiming that our unemployment rate is anywhere near what the administration claims that it is!
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