Showing posts with label Workforce. Show all posts
Showing posts with label Workforce. Show all posts

Friday, June 5, 2015

JOBS DATA: 92,986,000 PEOPLE NOT IN THE WORKFORCE

The month of May saw 92,986,000 people not participating in the workforce, according to new data released Friday by the Bureau of Labor Statistics reveals.
May’s total represented slight decline compared to last month’s record, which saw 93,194,000 people outside the workforce.
The BLS defines those not in the labor force as people ages 16 and older who are neither employed nor “made specific efforts to find employment sometime during the 4-week period ending with the reference week.”
The labor force participation rate came in at 62.9 percent, a slight uptick compared to April’s 62.8 percent.
According to the BLS, the civilian labor force itself rose by 397,000, reaching 157,469,000 in May.
Of those participating in the workforce, 148,795,000 had a job and 8,674,000 were unemployed.
The overall unemployment data from the BLS saw payroll employment rise in June by 280,000 and the official jobless rate at 5.5 percent.

Wednesday, October 10, 2012

Enrollment in Federal Social Welfare Programs Outpaces Job Growth in Last 4 Years


Enrollment in Food Stamps, Medicaid, and Disability Far Outpaces Job Growth in Last 4 Years
A new chart provided by the minority side of the Senate Budget Committee details the alarming fact that enrollment in federal social welfare programs like Food Stamps, Medicaid, and Disability have far outpaced job growth over the last four years. Here's the chart:
In terms of percentage growth, Food Stamp enrollment has jumped 65.2 percent over the last four years, Medicaid enrollment 19.3 percent, and Disability enrollment 17.6 percent. The "total number of employed people," according to the chart, has grown at a negative rate, -0.7 percent.
Via: The Weekly Standard

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Friday, October 5, 2012

Head Scratching: Unemployment Ticks Down, Harry Reid Blames Republicans for Obstructionist Tactics


This morning’s release of the recent jobs report numbers report this morning shows the lowest unemployment in 44 months and predictably, the Left is celebrating the news. But even though unemployment has dipped below eight percent, one prominent Democrat is slamming Republicans for obstructionist tactics that he claims contributed to this still high number.
Senate Majority Leader Harry Reid (D-NV) issued a series of tweets this morning reacting to the latest jobs report and most of his comments were positive. But amidst hiscelebratory tweets about the economy being “on the right track,” he said, “We could move faster if Republicans dropped obstruction, yet Sen. McConnell said his ‘single most important’ goal was defeating Pres. Obama.”
Shortly after that statement, he tweeted, “It’s time for Republicans to put politics aside, and put the middle class first.”
It’s curious that in the midst of this seemingly good news, Reid would throw Republicans under the bus for getting in the way and not allowing them to “move faster.” Reid must have forgotten that for ¾ of Obama’s first term in office, Democrats had control of Congress: translation, Obama and the Democrats possessed the ability to pass, i.e. ram through, legislation to help with the dismal unemployment number, which, for the majority of Obama’s administration, was above eight percent.
Also, while Reid has cause to celebrate more Americans in the workforce, he also fails to realize or is simply ignoring that a 7.8 percent unemployment rate is still way above the less than six percent unemployment that President Obama promised we would see in 2012.

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