1.  

  2. There are perhaps as many as 290 million 15-to-24-year-olds not participating in the labor market—almost a quarter of the world’s youth. Why is youth unemployment so high?

    To put that in perspective:
    290,000,000 Unemployed Youths (worldwide)
    311,591,917 The Population of the United States.


    http://econ.st/ZRjWWW

     

  3.  


  4.  


  5.  


  6. The U6 Unemployment numbers tell us that the real unemployment has been hovering around 14 -15% about the same as the poverty numbers, and the Bureau of Labor Statistics, also tell us that since Jan 2009, when the Messiah took over till today, there are 2% LESS people 16 years old and older in the work force. So one has to wonder WHERE these millions of jobs are that Obama and his supporters keep telling us he created when their own record keeping organizations, don’t support this lie. http://data.bls.gov/timeseries/LNS11300000/

     


  7. The latest unemployment figures for March 2013 showed the unemployment rate dropped to 7.6%. However, 200K fewer people were employed in March than in February and 500K people dropped out of the workforce.

    Politicians may celebrate this rate drop, but it is only artificial, and millions of Americans will continue to suffer.

     

  8.  

  9. Unemployment is really 22.8%

     

  10. The number of employed Americans comes from a government survey of 60,000 households that determines the unemployment rate. The government asks a series of questions, by phone or in person.
    For example:
    Do you own a business? Did you work for pay? If not, did you provide unpaid work for a family business or farm? (Those who did are considered employed.)

    Afterward, the survey participants are asked whether they had a job and, if so, whether it was full or part time. The government’s definition of unemployed is someone who’s out of work and has actively looked for a job in the past four weeks.

    http://finance.yahoo.com/news/us-jobless-rate-falls-7-123110106.html

    (via alittlecoconuttart)

     

  11. theatlantic:

    Our Low-Wage Recovery: How McJobs Have Replaced Middle Class Jobs

    Mid-wage jobs, such as construction trades and secretaries, accounted for 60 percent of our employment drop during the recession but made up just 22 percent of the recovery through the first quarter of 2012, according to the most recent Current Population Survey data.

    Read more. [Image: National Employment Law Project]

    Thinksquad: I was lead to believe by statist, that the road to recovery is well on it’s way, and because we have this wonderful president, who cares about the people, that everything is getting better. Lemon drops for rain, and Chocolate paved roads.

     



  12. NEW YORK (CNNMoney) — There are far more jobless people in the United States than you might think.
    While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.

    As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population.
    “We’ve been getting some job growth and it’s been significant, but it hasn’t yet been strong enough that you start to get people re-engaging in the labor market,” said Keith Hall, a senior research fellow at the Mercatus Center and former commissioner of the Bureau of Labor Statistics.
    Job market dropouts
    A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. As of April, only 63.6% of Americans over the age of 16 fell into that category, according to the Labor Department. That’s the lowest labor force participation rate since 1981.
    It’s a worrisome sign for the economy and partly explains why the unemployment rate has been falling recently. Only people looking for work are considered officially unemployed.

     

  13. owsposters:

    Recent College Graduates Are So Screwed

    Download the high-def pack

    (via elfboi)