Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Whopping 932,000 Americans Drop Out Of Labor Force In October

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Participation Rate Drops To Fresh 35 Year Low

Zero Hedge
November 8, 2013

The only two charts that matter from today’s distroted nonfarm payrolls report.

First, the labor force participation rate, which plunged from 63.2% to 62.8% - the lowest since 1978!

Whopping 932,000 Americans Drop Out Of Labor Force In October Participation%20Rate 0 0

But more importantly, the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October, to a record 91.5 million Americans! This was the third highest monthly increase in people falling out of the labor force in US history.

Whopping 932,000 Americans Drop Out Of Labor Force In October Labor%20Force 0

At this pace the people out of the labor force will surpass the working Americans in about 4 years.

This article was posted: Friday, November 8, 2013 at 12:23 pm





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
What They're Not Telling You About Race Riots See the rest on the Alex Jones YouTube channel.

Did Obama Order National Guard to Stand Down in Ferguson? See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.