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Friday, September 07, 2012

August: "368,000 Drop Out of Workforce"

The AP via Gateway Pundit:


The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.
According to government statisticians, if everyone drops out of the work force, we will finally have 0% unemployment.

Another way of looking at it:

Record 88,921,000 Americans ‘Not in Labor Force’—119,000 Fewer Employed in August Than July

(CNSNews.com) - The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000.
And Obama wants another four years?

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