The Golden Truth: A Disastrous Employment Report Is Even Worse When You Look Behind The Headlines

The Golden Truth: A Disastrous Employment Report Is Even Worse When You Look Behind The Headlines

But let's play "pretend" with the birth/death numbers and look at input behind the headline report, which is what most people in this country look at and assume as fact.  From February to March, the Government tells us that the "civilian non-institutional population" (people 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions - penal, mental facilities, homes for the aged - and who are not on active duty in the Armed Forces) increased by 167,000.  BUT, the "civilian labor force" declined by a shocking 496,000.  That's half a million people who left the labor force.  Disappeared.  They don't matter anymore except that they get student loans, food stamps and social security disability.