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Gallup Finds U.S. Unemployment Hitting 10.3% in February

I never said they dropped out of the work force. Can you READ?



I know what U6 is. I was citing it long before you got here.

http://www.debatepolitics.com/polls/94044-us-total-population.html#post1059330797

Btw, you are wrong as usual. It's still funny how you are arguing the US population double monthly.

Well, I can see things haven't changed with you, it has been fun but you obviously cannot read, move the goal posts, and then repeat the same things over and over again. Have a good one, back on ignore for you. Now Sheik has a partner with the same inability to do anything but insult and divert. Bye!
 
Well, I can see things haven't changed with you

Yeah. I can read charts. I know the US population doesn't double monthly.

it has been fun but you obviously cannot read

You're the one arguing the US population doubles monthly.

Run away. Go. Run. Flee.
 
So where are the Neocons now? Hijacking Tea Party movements. That's where they are.

the kristols and rumsfelds are hijacking the tea party movement?

LOL!
 
a look at the december jobs report which saw unemployment fall from 9.8 to 9.4 while producing not even enough jobs to keep up with population growth

Furthermore, not only did the number of discouraged workers over job prospects hit a record high (since 1994, the earliest year the data is available) of just over 1.3 million (Fig. 1)--more than the number of jobs added in 2010--but the labor participation rate also hit at a 25-year low of 64.3% (Fig. 2).

Most disturbingly, the average number of weeks people remain unemployed also has risen to 34.2 weeks in December vs. 33.9 weeks in November, with 6.4 million jobless people classified as long-term unemployed, i.e. without a job for 27+ weeks.

All these suggest there is a large number of frustrated workers who left the labor pool but unaccounted for in the unemployment rate calculation. That means the all inclusive jobless rate could easily be 11% or more instead of the 9.4% flashing in headlines today.

Overall, the latest employment report seems to reflect a painfully slow-recovering, but still confused labor market. Large corporations are hoarding cash reluctant to hire or invest fearing uncertainties ahead, while small business still strapped for cash and credit can’t afford to hire since business is still slow.

Most economists estimate that in order to make a meaningful dent in the jobless situation while keeping up with the labor force growth rate, new job creation needs to be at around 300,000 a month going forward, which is a long way from where the economy is right now (Fig. 3).

Number of Discouraged American Workers Hit Record High
 
a look at the december jobs report which saw unemployment fall from 9.8 to 9.4 while producing not even enough jobs to keep up with population growth



Number of Discouraged American Workers Hit Record High

Hey don't you know, that discouraged workers don't count since they don't want to work. The more discouraged workers are, the lower the unemployment rate. That's great for the economy and politicians when we get that unemployment rate down.
 
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