There Were Some Things Left Out In The Unemployment Numbers

Yesterday Breitbart posted some of the facts the media seems to have missed in reporting on the jobless numbers this week. The article quotes James Pethokoukis at the American Enterprise Institute (AEI):

The labor force participation rate fell again as potential workers stopped looking for work.  … [I]f the LFP rate was where it was in January 2009, the unemployment rate would be 10.8%. …

The share of the unemployed out of work for 27 weeks or longer increased to 40.2% from 38.1% in January.

The employment-population ratio is exactly where it was a year ago, at an almost rock-bottom 58.6%.

This really doesn’t look like much of an economic recovery to me.

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A Picture Of The Latest Jobs Report

This chart was posted  yesterday at The Weekly Standard:

The article reports:

“For Every 1 Person Added To Labor Force Since January 2009,” the chart reads, “10 People Added To Those Not In Labor Force.”

Please remember this chart when President Obama tells all of us in the debate tonight how many jobs he has created since he took office.

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