.
"Thus, the number of
Americans not in the labor force has increased by 10,102,000 during
Obama's presidency."
10/22/13, "90,609,000: Americans Not in Labor Force Climbs to Another Record," CNS News, Terence P. Jeffrey
The BLS counts a person as participating in the labor force if they
are 16 years or older and either have a job or have actively sought a
job in the last four weeks. A person is not participating in the labor
force if they are 16 or older and have not sought a job in the last four
weeks.
From July to August, according to BLS, Americans not participating
in the labor force climbed from 89,957,000 to 90,473,000, pushing past
90,000,000 for the first time, with a one month increase of 516,000.
In September, it climbed again to 90,609,000, an increase of 136,000 during the month. In January 2009, when President Barack Obama took office, there were
80,507,000 Americans not in the labor force. Thus, the number of
Americans not in the labor force has increased by 10,102,000 during
Obama's presidency.
The labor force participation rate, which is the percentage of the
non-institutionalized population 16 years or older who either have a job
or actively sought one in the last four weeks, was 63.2 percent in
September. That was unchanged from August.
When President Obama took office in January 2009, the labor force participation rate was 65.7 percent.
The percentage of the civilian non-institutionalized population over
16 that was employed also remained constant from August to September at
58.6 percent. When President Obama took office in January 2009, the
employment-population ratio was 60.6 percent.
The overall national unemployment rate--which is the percentage of
people participating in the labor force who actively sought a job and
did not find one in September--was 7.2 percent. That was a slight drop
from the 7.3 percent unemployment rate in August. When President Obama
took office in 2009, the unemployment rate was 7.8 percent.
The number of people actually employed increased by 133,000 last
month, climbing from 144,170,000 in August to 144,303,000 in September.
When Obama took office in January 2009, there were 142,153,000 Americans
employed--meaning the number has increased by 2,150,000 over the past
57 months.
One reason for the increasing number of people not in the labor force
is the aging of the Baby Boom generation, whose members have begun
retiring--and are not being replaced by an equal number of young people
entering the labor force.
Another reason is that female participation in the labor force has
been declining. In January 2009, the female labor force participation
rate was 59.4 percent. In September 2013, it was 57.1 percent."
.
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