You deny reality because it disproves your crap speak daily!<quoted text>
Where are these hundreds thousands and thousands of people at?
If they quit looking for work, they can't eat or make house payments. So that means the homeless rates are huge.
Where are all these homeless people at? Please provide a link of where all of these homeless people are going to live.
We'll be waiting..... But you can't/won't answer.... You'll divert away from this subject.
Heh..... Can I tell the future when it comes to you broken record republicans??
After a full year of fruitless job hunting, Natasha Baebler just gave up.
Shed already abandoned hope of getting work in her field, counseling the disabled. But she couldnt land anything else, either not even a job interview at a telephone call center.
Until she feels confident enough to send out resumes again, shell get by on food stamps and disability checks from Social Security and live with her parents in St. Louis.
Im not proud of it, says Baebler, who is in her mid-30s and is blind.The only way Im able to sustain any semblance of self-preservation is to rely on government programs that I have no desire to be on.
Baeblers frustrating experience has become all too common nearly four years after the Great Recession ended: Many Americans are still so discouraged that theyve given up on the job market.
Older Americans have retired early. Younger ones have enrolled in school. Others have suspended their job hunt until the employment landscape brightens. Some, like Baebler, are collecting disability checks.
It isnt supposed to be this way. After a recession, an improving economy is supposed to bring people back into the job market.
Instead, the number of Americans in the labor force those who have a job or are looking for one fell by nearly half a million people from February to March, the government said Friday. And the percentage of working-age adults in the labor force whats called the participation rate fell to 63.3 percent last month. Its the lowest such figure since May 1979.
The falling participation rate tarnished the only apparent good news in the jobs report the Labor Department released Friday: The unemployment rate dropped to a four-year low of 7.6 percent in March from 7.7 in February.
People without a job who stop looking for one are no longer counted as unemployed. Thats why the U.S. unemployment rate dropped in March despite weak hiring. If the 496,000 who left the labor force last month had still been looking for jobs, the unemployment rate would have risen to 7.9 percent in March.
Unemployment dropped for all the wrong reasons, says Craig Alexander, chief economist with TD Bank Financial Group.It dropped because more workers stopped looking for jobs. It signaled less confidence and optimism that there are jobs out there.
The participation rate peaked at 67.3 percent in 2000, reflecting an influx of women into the work force. Its been falling steadily ever since.
Part of the drop reflects the baby boom generations gradual move into retirement. But such demographics arent the whole answer.
Even Americans of prime working age 25 to 54 years old are dropping out of the workforce. Their participation rate fell to 81.1 percent last month, tied with November for the lowest since December 1984.
Its the lack of job opportunities the lack of demand for workers that is keeping these workers from working or seeking work, says Heidi Shierholz, an economist at the liberal Economic Policy Institute. The Labor Department says there are still more than three unemployed people for every job opening.