Friday, September 5, 2014

Something Is Wrong Record Americans Not Working, Record Number of Foreign-Born Hold Jobs in USA

RECORD 92,269,000 AMERICANS NOT WORKING
In August, the civilian noninstitutional population was 248,229,000 according to BLS. Of that 248,229,000, 155,959,000—or 62.8 percent–participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.
Labor Force Participation-August
The 92,269,000 who did not participate in the labor force are those in the civilian noninstitutional population who did not have a job and did not actively seek one in the last four weeks. Because they did not seek a job, they did not count as “unemployed.”

24,639,000: Record Number of Foreign-Born Hold Jobs in USA
“The foreign born are those who reside in the United States but who were born outside the country or one of its outlying areas to parents who were not U.S. citizens,” the BLS explains. “The foreign born include legally-admitted immigrants, refugees, temporary residents such as students and temporary workers, and undocumented immigrants. The survey data, however, do not separately identify the numbers of persons in these categories.”
Foreign-born workers
The 24,639,000 foreign-born workers who held jobs in the United States in August was up 557,000 from July, when 24,082,000 foreign-born workers held jobs. These are non-seasonally adjusted numbers.
53 Million Temps – All You Need To Know About The “Jobs Recovery”
One thing is clear: the ratio crashed when the depression started and has flatlined since. Which, incidentally, may be all you, & the Fed, needs to know about the recovery.
Black Unemployment Hits 11.4%

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