A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force.Needless to say, to the Obama administration, the added jobs will be touted as a sign that the recovery is working...
"For Every 1 Person Added To Labor Force Since January 2009," the chart reads, "10 People Added To Those Not In Labor Force."
That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.
Monday, October 15, 2012
Ten To One
The job numbers aren't trending the way they were supposed to: