http://www.cnbc.com/id/102694868
At a time when 8.5 million Americans still don't have jobs, some 40 percent have given up even looking.
The revelation, contained in a new survey
Wednesday showing how much work needs to be done yet in the U.S. labor
market, comes as the labor force participation rate remains mired near
37-year lows.
A tight jobs market, the skills gap between what
employers want and what prospective employees have to offer, and a
benefits program that, while curtailed from its recession level, still
remains obliging have combined to keep workers on the sidelines,
according to a Harris poll of 1,553 working-age Americans conducted for
Express Employment Professionals.
Hence the reason for the 5% Unemployment rate. See in the Unicorn Utopia world of the Government, if you are no longer looking for a job you are no longer accounted for, therefore in the
Unicorn Utopia world the Government assumes you have found gainful employment. And that is how the numbers are gamed, of course they're always gamed in the favor of positivity ( Must make the Dear Leader shine ). Then there's the whole birth rate death model ( scam ) but that's another story for another day.
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