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Whopping 932,000 Americans Drop Out Of Labor Force In October
Posted By admin On November 8, 2013 @ 12:23 pm In Featured Stories,Money Watch,Tile | Comments Disabled
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!
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.
At this pace the people out of the labor force will surpass the working Americans in about 4 years.
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URLs in this post:
 Zero Hedge: http://www.zerohedge.com/news/2013-11-08/whopping-932000-americans-drop-out-labor-force-october-labor-participation-rate-drop
 Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/11/Participation%20Rate_0.jpg
 Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/11/Labor%20Force.jpg
 169,000 Americans Drop Out of Labor Force in January As Unemployment Ticks Up: http://www.prisonplanet.com/169000-americans-drop-out-of-labor-force-in-january-as-unemployment-ticks-up.html
 Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low: http://www.prisonplanet.com/record-1-2-million-people-fall-out-of-labor-force-in-one-month-labor-force-participation-rate-tumbles-to-fresh-30-year-low.html
 People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels: http://www.prisonplanet.com/people-not-in-labor-force-soar-by-663000-to-90-million-labor-force-participation-rate-at-1979-levels.html
 Record 89,304,000 Americans ‘Not in Labor Force’ — 296,000 Fewer Employed Since January: http://www.prisonplanet.com/record-89304000-americans-not-in-labor-force-296000-fewer-employed-since-january.html
 195,000 Fewer Americans Had Jobs in July; 150,000 Dropped Out of Labor Force: http://www.prisonplanet.com/195000-fewer-americans-had-jobs-in-july-150000-dropped-out-of-labor-force.html
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