Tag: Not Labor Day for a record number of Americans

Labor Day- Not For A Record Number Of Americans

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The number of Americans NOT in the workforce is at record levels, and yet the talking heads assure us that the unemployment rate is just 5.1%

Fred Graph of 10 year civilian workforce participation rate
So much for Happy Labor Day!

The headline rate “conveniently” ignores the folks that have given up trying to find a job, and so does not count them.
Poof Graphic courtesy admixture.com
Magically 10.3% unemployment rate becomes 5.1%!

Data here.
How many Americans “are not in the labor force?”
According to BLS, over 94 million.
Precision Machining Industry is looking for skilled workers, while over 94million people are "not in the workforce."
Precision Machining Industry is looking for skilled workers, while over 94 million people are “not in the workforce.”

If you would like to join the workforce, are comfortable with Math and can learn by experience, perhaps you should consider a career in precision machining.
Our shops are scheduling overtime, pay well, and often will help with your training costs.
Where to go for training.