April Jobs report shows the "real issue" facing millions of Americans
The April's job report was released by the Labor Department. It wasn't really good. The economy did create 288,000 jobs, which is the glass half full. The unemployment rate dropped to 6.7 in March to 6.4 percent in April In a healthy labor market, that would be great news, but this isn't a healthy labor market, and the only reason the unemployment number dropped so sharply is due to a sharp rise in people giving up looking for work and exiting the job market. When people aren't looking for work, they aren't counted by the Labor Department as unemployed. The real staggering figure that sticks out is that
92 million people are not in the Labor Force
The population of the United States is just over three hundred million. That number includes the twenty million or so illegal aliens. Almost one-third of the adult population isn't working. That is the real issue.