Friday, June 07, 2013

Obama's Work (?) Force

The Bureau of Labor Statistics released the unemployment numbers for May, and the official unemployment rate has ticked back up to 7.6%. The data provide a bleak employment picture of Obama's term in office. For example, 1.7 million more Americans are considered "not in the labor force" (and therefore not considered "unemployed") than a year ago. After 4+ years under Obama, the percentage of the population working shows a trend that is frightening, and receives little attention. Here's a graphic display of it.

It's a simple equation: Fewer people working = bad for the economy. That the official unemployment rate doesn't count these people doesn't change the reality of our situation. Obama and the Democrats are driving the American economy into the ground. And Obama has almost a full term to continue his damage.

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