Record 94 Million Americans NOT In Labor Force
A record 94,031,000 Americans were not in the American labor force last month — 261,000 more than July — and the labor force participation rate stayed stuck at 62.6 percent, a 38-year low, for a third straight month in August, the Labor Department reported on Friday, as the nation heads into the Labor Day weekend. […]
In January 1948 — the first year the data was recorded — 88.7 percent of men, aged 20 and older, were participating in the U.S. labor force. The rate first dipped below 80 percent in November 1975 (79.9%), spiraling steadily downward through August 2015, when 71.5 percent of men 20 and older were participating in the labor force.
It’s the opposite story for women 20 and older: In 1948, a time when one-earner incomes were generally sufficient to support the family, only 31 percent of women participated in the workforce. In May 1966, the rate climbed above 40 percent for the first time; it broke 50 percent in October 1978; and 60 percent in July 1996.
When Barack Obama took office in January 2009, 60.9 percent of women were particiating in the labor force, but after rising somewhat in that economically turbulent year, the particpation rate for women started heading down. Last month, it stood at 58.2 percent.
Heck of a job, Barry!
94 Million Americans No Longer In Labor Force: The Truth That Dare Not Speak It’s Name.
Greetings:
And here I was convinced that the white oppressive patriarchy had kept all women out of the workforce at all times everywhere. Oh, well.
I grew up in the Bronx of the ’50s and ’60s in a working class/lower middle class neighborhood and one of the things that I noticed was that about half the women (including mothers) had regular employment outside their homes. And not bozo-ette flipping burgers jobs either. So, when the sisterhood of the traveling rants started showing up, I often thought “What neighborhood do these ladies live in ???” Then, in one of my economics minor classes the professor (semi-oppressive white male) explained to us that these former “ladies who do lunch” were a bit more worried about getting the jobs they wanted than about getting jobs.
Of my fathers twelve siblings, three sisters never married. One was a registered nurse, one a production manager for a cosmetics company, and one a supervisor for an insurance company. My own mother stayed home until my sister and I went off to high school (outside our neighborhood) and then she went off to full-time employment as clerk in the local Surrogate’s Court. I never heard any discussions about their not being to get jobs or promoted.
Indeed it is: 94 million Democrat voters who will make sure the Free Stuff doesn’t stop…