Tuesday, September 13, 2016

why i say we're not doing very well

Labor Force Participation Rate
August 2016 - 62.8%
Obama took office 1/2009 - 65.7%
Peak in January 2000 - 67.3%
Last time it was the current rate - March 1978

Labor Force; the number of people, 16 and older who are able to work, with jobs
August 2016 - 159 million
January 2009 - 154 million
January 2000 - 142 million
March 1978 - 104 million

People not in Labor force: the number of people, 16 and older who are able to work, without jobs
August 2016 - 94 million
January 2009 - 80 million
January 2000 - 68 million
March 1978 - 71 million

In last 38 years,
65 million new jobs were filled.
33 million new jobless people.

In last 16 years,
17 million new jobs were filled.
26 million new jobless people.

In last seven years,
5 million new jobs were filled.
14 million new jobless people.

source:
Labor Force Participation Rate
http://data.bls.gov/timeseries/LNS11300000

Civilian Labor Force Level
http://data.bls.gov/timeseries/LNS11000000

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