WHEN SINCE 93,688,000 Americans not in the workforce
Most of the Jobs are service jobs, not industrial jobs that are rapidly
being outsourced overseas.
Wait until the Trans-Pacific Partnership (TTP) comes in force. Fewer
jobs for Americans.
Labor Force Participation Improves; 93,688,000 Americans Not in Labor Force
By Susan Jones | March 4, 2016 | 7:37 AM EST
(AP File Photo)
(CNSNews.com) - The number of Americans not in the labor force last month totaled 93,688,000, 374,000 fewer than the 94,062,000 not in the labor force in January--and the labor force participation rate also improved, with 62.9 percent of the civilian noninstitutional population either holding a job or actively seeking one.
In the past 12 months, the highest labor participation rate was 62.8 percent in February and May 2015; the lowest was 62.4 percent in September 2015, and that 62.4 percent was the lowest in 38 years.
The Bureau of Labor Statistics says the economy added 242,000 jobs in February (compared with a revised 172,000 in January), and the unemployment rate was unchanged at 4.9 percent for the second month in a row.
In February, according to the Labor Department's Bureau of Labor Statistics, the nation’s civilian noninstitutional population, consisting of all people 16 or older who were not in the military or an institution, reached 252,577,000. Of those, 158,890,000 participated in the labor force by either holding a job or actively seeking one.
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