People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels

Tyler Durden's picture

Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."

People not in labor force:

Labor participation rate:

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tarsubil's picture

Just think how high stocks will go once people start working again!

malikai's picture

Happy gold confiscation day, slaves!


Pinto Currency's picture

These numbers are proof of the Fed's success because it could have been so much worse.

Krugman breaks out into spontaneous Ukrainian folk dance routine on his desk.

oleander garch's picture

No.  You miss it.  This is perfect.  We are all living in Krugman's new Keynsian paradise. 

Shocker's picture

90 Million, really???? How do you even comment on that type of number.

Repost because its important times

Popo's picture

How do you even comment on "1979 levels".   Next stop:  1978.    

Can I get a "holy shit"?   The entire 1980's / 1990's boom has now come off.   We're back in the 19-fucking-70's.

Oh yeah... it's all good.

CH1's picture

How do you even comment on "1979 levels".

There is one way: That was before women were fully involved in the workplace. Lots of room for comment there.

Pinto Currency's picture

A wicked looking head and shoulders.

A long way to fall.

gmrpeabody's picture

Cramer says it's seasonal..... LOLs

GetZeeGold's picture



Just drink your damn Koolaid kids.

camaro68ss's picture

Main headline on drudge! Good job ZH

Wake the sheeple up!

New England Patriot's picture

The social safety net has turned into a hammock.

Bearwagon's picture

Yeah! With a giant hole at the place where your ass should rest ...

redpill's picture

This is good news!  Now all these people who gave up looking for jobs have more time to spend flipping real estate!

pods's picture

There has never been a better time to............


nope-1004's picture

..... quit work and suck off the state.

King_of_simpletons's picture

Is there an online course on how to suck the gubmint dry by getting on welfare and disability ? I would like to take it.

bobola's picture

Where is Dr. Paul Krugman today?

Didn't he say more people are working now?

The bastage.

IrritableBowels's picture


If there is, make sure you apply for a Pell Grant!

Arisu's picture

There's a book similar to what you're looking for on Amazon:

lolmao500's picture

The more people suck off the state, the faster this whole biatch collapses. So I say go for it.

TrulyBelieving's picture

Your sediment is understood, but not shared. Why give the enemy of Liberty the satisfaction of knowing you were willing to go along too? Stand against them, and you will gain the satisfaction.

Magically Delicious's picture

I admire your fortitude, but why stand in front of a moving train?

Bad Attitude's picture

Buy ammo...

Forward (over the cliff)!

prains's picture

....sharpen my pitchfork

Chump's picture

And now on top of that we can learn about 4 football players who are going to announce their sexual preference...possibly ON THE SAME DAY!  I like drudge but seriously, who fucking cares??

CunnyFunt's picture

Right. I figure that the top .gov/msm evening news stories will be gun control and gay weddings.

IdiocracyIsAlreadyHere's picture

You like Drudge...seriously??  You don't see him for this disinfo propaganda hack he is because he supports "Team Red" and not "Team Blue"?  Wow.

redpill's picture

The disinfo is easy enough to recognize.  However, the guy does tend to get shit up faster than most everywhere else, and for that I find his site worth visiting.

IdiocracyIsAlreadyHere's picture

Which is fine if you are able to keep you BS detector on at all times.  Worthwhile information can be found in unlikely places sometimes.

schnydz's picture

Dude, do you realize Drudge is a news aggregator. He simply links to news posts. It can be from NYT WSJ or Foxnews. It don't matter. 

Chump's picture

Believe it or not, I'm able to discern information from bullshit.  I appreciate the concern though.

El Oregonian's picture

Did dufus say seasonal or reasonable? Either way we're screwed...

Pairadimes's picture

All I can say is that I hope the last mother fucker to have a job will be making 14 trillion a year or we are truly boned.

Kirk2NCC1701's picture

I'm surprised that Cramer/Krugman haven't stated that the participation rate is going down because (a) QE is making more Wall St more millionaires, or (b) More boomers are retiring.  If they haven't, they will. 

When things go Boom, 99% of Boomers will be retired. /s

Panafrican Funktron Robot's picture

Boomers retiring really is a big chunk of this.  This is actually bad news though, because these people aren't going back to work under any circumstances apart from imminent starvation.  In other words, the labor participation rate will necessarily continue to fall.  Good luck paying for SS/Mcare.

Jacque Itch's picture

This is EXACTLY what the Dems want.  Kill jobs, Americans get lazy, rely on the govt, blame the sequester, re-election.  Textbook.  The lefties are smiling in DC, bitchez.

spankthebernank's picture

democrat-republican? Wake uuuupppp!

Clark Bent's picture

switch from paychecks to "benefits," complete the fascist crony takeover of "the means of production" and all will be hunky-dory. It has worked so well before. Arbeit Mach Frei fellow citoyens!

kliguy38's picture

Dems????? Soooooo 20th century... Seriously you need to try and use your computer to educate yourself......Dems and Reps are the SAME operatives for the bankers.....and they own YOU!...if you haven't figured it out by now then you are ineducablel.

Jacque Itch's picture

Gimme some credit.  I know how it works kiddies.  But the sheeple don't and Washington sure doesn't.  Anybody with their eyes open to reality is still in a very small minority.

prains's picture

you're wasting space