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Not in labor force: +542,000

Discussion in 'Political Issues' started by jeanderson, Dec 7, 2012.

  1. jeanderson

    jeanderson Toga!... Toga! Platinum Member

    Apr 11, 2012
    Forget the b.s. about unemployment dropping to 7.7%. The number of people not in the labor force increased last month by 542,000!!!

    That's a two-edge sword: A smaller tax base, and more recipients of government entitlements. FY2013 will be a record for our national deficit.
  2. Atlas

    Atlas transmogrifier

    Oct 1, 2001
    north of the equator
    As will FY2014, followed by FY2015, and so on until it all comes to an abrupt ugly halt.