The latest jobs report by the U.S. Labor Department demonstrated the failure of the Obama Administration to get the American economy growing. The Bureau of Labor Statistics revealed that only 74,000 jobs were created during the month of December. This is so dismal that even liberal commentators are shocked.
What is even more shocking is the fact that 347,000 people left the job force during the same time. So for every person who gained a job, five other people gave up looking for one because of the nation’s sluggish economy. The number of people who dropped out of the labor force explains why the unemployment rate was reduced to 6.7%.
20,000 fewer women had jobs in December also. In addition, the number of temp and part-time jobs has risen. This explains the push for raising the minimum wage.
Overall, 2.2 million jobs were created in 2013 which happens to be the same amount of jobs created in 2012. According to the Labor Department, 62.8% of adults are employed which is the lowest number since 1978. Obama has set another negative record.
But wait, it gets worse. There is another negative record that the Obama Administration doesn’t want you to know about. There are 92 million people who are NOT in the labor force. Now we know why the poverty level has increased.
So when liberals crow about what a wonderful job Obama and the Democrats are doing, asking them why Obama no longer talks about jobs. Why are there record numbers of people who have left the work force? (Only a small percentage retired.) Ask them!