Obama’s call for year of action requires more than words
Submitted by Edgar on Wed, 02/19/2014 - 6:00am
By Roger Williams.
A recent U.S. Department of Labor report revealed that almost 11.3 million adults have dropped out of the labor force under the Obama administration, while total employment has grown by just 2.4 million. That means there are almost five new workforce dropouts for every new employee. When you take into consideration that less than 68 percent of the entire adult population is participating in the labor market, these numbers just don’t support President Obama’s claim in his State of the Union address that we have “the lowest unemployment rate in over five years.”
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