In August, for the first time ever, the number of individuals not participating in the labor force has rocketed past 90.4 million people. Now we’re learning that in September, the rate climbed even higher.
Via CNS News:
The number of Americans who are 16 years or older and who have decided not to participate in the nation’s labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics.
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.
In 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.
When President Obama took office, just over 80.5 million Americans were not in the workforce, meaning the number has risen by over 10 million during his administration.
Not coincidentally, the U.S. during the last five years has spent $3.7 trillion on welfare programs, an amount that is greater than five times the cumulative spending for transportation, education, and NASA combined.
Who would want to work when you can get the money for free from this administration?