It Must Be "Opposite's Month" Or Sumthin...

 

 

By Noel Sheppard

The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent.

"Lost in these headline numbers was another rise in the number of people not in the labor force.

THIS NUMBER NOW STANDS AT A STAGGERING 89.008 MILLION, UP FROM 80.5 MILLION WHEN PRESIDENT OBAMA TOOK OFFICE.

This means that THERE ARE CURRENTLY 8.5 MILLION MORE AMERICANS NOT IN THE LABOR FORCE THAN JUST FOUR YEARS AGO.

Forget all the other numbers. 

This continued explosion of people not in the labor force should be tremendously concerning as it represents an obstacle for the government to ever balance the budget without drastically raising taxes on those still working."

Unexpectedly.

But, of course.

14 January 2013:

"Right now, OUR ECONOMY IS GROWING..."

- President Barack Obama, Presidential press conference

 

30 January 2013:

"The Commerce Department said Wednesday that THE ECONOMY CONTRACTED AT AN ANNUAL RATE OF 0.1 PERCENT IN THE FOURTH QUARTER."
 

- Associated Press

30 January 2013:

"[The President's Jobs Council was] a group he created that did very effective work on behalf of the country and this administration and this President for two years.  IT WAS A TWO-YEAR CHARTER AND THE CHARTER HAS EXPIRED.  And we will continue to engage with the business community.  I MEAN, THIS FIXATION ON AN ENTITY THAT THE PRESIDENT HIMSELF CREATED CONVENIENTLY IGNORES ALL OF THE WORK THAT THE PRESIDENT HAS DONE TOWARDS CREATING JOBS AND FOSTERING ECONOMIC GROWTH."

- Jay Carney, Daily Press Briefing

1 February 2013: 

 

"The unemployment rate edged higher to 7.9 percent."

- CNBC.com

30 January 2013:

"But the fact is that compared, especially to the record and the situation that the President inherited, WE HAVE SEEN ECONOMIC GROWTH AND JOB CREATION, INCLUDING 2 MILLION JOBS IN THE LAST CALENDAR YEAR."

 - Jay Carney, Daily Press Briefing

1 February 2013:

"The number of Americans not in the labor force grew by 169,000 in January, according to the Bureau of Labor Statistics’ latest jobs report."

-  CNSnews.com, based on BLS data

1 February 2013:

  

"THERE ARE CURRENTLY 8.5 MILLION MORE AMERICANS NOT IN THE LABOR FORCE THAN JUST FOUR YEARS AGO."

I love shooting skeet killing jobs.  I do it "all the time"!!!