11,472,000

11,472,000

CNS News recently took some numbers published by the Bureau of Labor Statistics (BLS) and delivered some disturbing conclusions. Its article reports that, since January 2009, “11.4 million Americans age 16 and over have left the workforce.” CNS News explains that the number of those “classified as ‘not in the labor force,’ meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks” has increased by 11,472,000. That July’s unemployment rate increased by 197,000 suggests that the economy still has a way to go before it can be declared robust.

With so much occurring nationally and internationally, it’s easy to become distracted and fail to grasp the critical importance of this type of data. A significant number of Americans are unemployed, and as importantly, increasing numbers have not “actively” sought a job in the last month. The proof is in the numbers, and right now, the numbers paint a picture of a nation that, at least since 2009, has failed to deliver upon its promise of providing opportunities. Let’s hope these numbers prompt the administration to do whatever is necessary to promote job creation within the private sector and in so doing, secure America’s reputation as a home and haven for those who simply wish to exchange talent and hard labor for the rewards of freedom and prosperity.

 

Click here to read the full CNS News article. 

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