Talk of The Villages Florida - View Single Post - The Economy Under Obama
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Old 02-28-2012, 10:19 AM
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Some substantiation from you would be nice.

I have a chart here that shows people rapidly being dropped from the labor force. If you are going to ignore the people dropping out of the job seeker pool I guess the remaining numbers are going to look statistically favorable.

1.2 million people dropped out of the labor pool in one month.

So, the civilian labor force tumbled to a 30 year low of 63.7% as the Bureau of Labor Statistics is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation.

Evidence is that high paying jobs are being replace with lower wage jobs in the employment that is being created as evidence by withholding taxes.

Sure does look rosy, doesn't it.

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low | ZeroHedge