The NON PERSONS: 315,000 People Leave The Workforce (in Nov)!!!

My commentary and analysis on the government's latest unemployment data and the long term employment terms in America.

Alternative measures of labor underutilization
http://www.bls.gov/news.release/empsit.t15.htm

Selected employment indicators
http://www.bls.gov/news.release/empsit.t09.htm

Employment Situation
http://www.bls.gov/news.release/empsit.toc.htm

Labor Force Statistics from the Current Population Survey
http://data.bls.gov/timeseries/LNS12300000

Category:

Education

Tags:

• Employment
• Situation
• unemployed
• count
• discouraged
• workers
• labor
• force
• DEMCAD
• Reginald
• Kaigler
• unemployment
• economic
• collapse
• recession
• depression

[g0dh4x]

I have a BA degree in computer networking and I work two shitty part time jobs in which I am underpaid. One of them isn't even in the IT field. Welcome to the new America. I'm not bitching though, because I could easily be a part of the unemployed with a family to take care of. Luckily, the only person I have to take care of is myself. I'm about to start my own business. From what I see, it's the only real way to make as much money as you're really worth nowadays.

[DEMCAD]

@g0dh4x Yes, you are lucky.

[CoryThe411]

There are lies, damned lies, and then there are statistics - Mark Twain

[EconCat88]

The Bureau of Labor Statistics (BLS) should drop the L.

[ggggrrranyname]

i'm telling you people get as much gold as you can and move to switzerland. we are going into a much deeper recession in2012

[ssdwellah]

How many of those 315K were retirees and what is a "normal" number of people to leave the workplace in a "bull" economy? Just curious.

[SuperGozzy]

those jobs data dont include part time work i been outta work for 2 years now nobodies hiring in my area my town is drying up cant sell my house nobodies buying and if they do they try to talk u down so you aint getting nothing for it cant drive to far for work gas costs to much ive reserched the unemployment its 1 out of every 4.5 people is out of work just say 1 outta 4 dosent have a job thats nuts

[JacRedstar]

@JacRedstar 12 years ago*



[JacRedstar]

Hey, Demcad. I use to live in Flint, Mi about 15 years ago.

[MrROTD]

Canada is geting worse too, The average median income was around 40,000 dollars a year in 1980 and now it's about the same figure (From stasCan website) this means the middle class is dissapearing in Canada too.Because of inflation 40,000 dollars is not even enough to afford a house realistically. Both in the USA and Canada we are being turned into landless peasants for the benefit of a few wealthy families.

[Visfen]

The idea of objective measurement has always been an absurd concept to me. The CPI is even worse. Who the hell decides what should be in that basket and how it should be weighed based on which objective criteria?

I think the most relevant number is how many of the entire population is actually working. The idea that "the workforce" can be quantified is ridiculous.

Anyhow, I'm both not in the workforce and working. That's an interesting combo, being a student that is.