According to new data from the Bureau of Labor Statistics, a record 92,898,000 Americans did not participate in the labor market last month.
What does this mean? Well, for starters, not the same as saying that nearly 93 million Americans out of work. In fact, the unemployment rate fell to 5.6 percent in December and ends in the year, President economic adviser Jason Furman said the Council in a statement that unemployment fell faster than it. In three decades
How Breitbart.com reports the BLS statistics refers to people over 16 who do not have "made real efforts to find a job during the four weeks ending with the reference week." With a total investment of 62.7 percent in December, the figures are waiting to lowest since ... until it was ... February 1978 To you has an idea of what time it is in February 1978 Roman Polanski only sex offenders, two of the five best songs on the pop charts, the calculated by the Bee Gees, and. If nothing else, is a clear sign that pick it up employment growth despite sunshine and rainbows, we still have to go a long way.
The inactivity rate last month 456,000 higher than in November, when the BLS reported 92,442,000 not in the workforce was involved. Statistics include people who are not in the armed forces or institutions such as psychiatric hospitals, nursing homes, prisons or food. Visit BLS for a complete list of the data.
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