Whenever you see the media making a mountain out of a molehill, remember that it’s probably a distraction.
While everyone was conveniently distracted by the epic clash of the Titans between Donald Trump and Megyn Kelly, the Bureau of Labor Statistics quietly released its monthly data on workforce participation.
And it’s disastrous for our nation.
You can say this much about the Obama economy, it consistently sets new records. All of them bad.
The BLS reported that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work the prior four weeks. The number of people outside the workforce in July increased 144,000 over the previous record. That would beat June’s record of 93,626,000. June eclipsed the previous record. That would be May’s record when 93,194,000 were not in the workforce. Get the picture? Things are going in the wrong direction.
Read more: Allen B West