Americans Not In The Labor Force Rise To Record 93,194,000

Tyler Durden's picture

In what was an "unambiguously" unpleasant April jobs payrolls report, with a March revision dragging that month's job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy.

 

End result: with the civilian employment to population ratio unchanged from last month at 59.3%, one can easily on the chart below why there will be no broad wage growth any time soon, which will merely allow the Fed to engage in its failed policies for a long, long time.

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LawsofPhysics's picture

Robots bitchez...

My son went into mechanical engineering knowing this day was coming...

evolve or die, period.

Shocker's picture

Another month, another rise.

This is the real story

Job Layoff List: http://www.dailyjobcuts.com

.

VinceFostersGhost's picture

 

 

The science is settled, it's 5% unemployment.

BoredRoom's picture

Obama is succeeding beyond his wildest dreams (FROM HIS FATHER)....

Oh regional Indian's picture

The first chart is such a tell, holy smoke...interesting to note that labor force participation shot up during the first big oil-shock.

Wonder why....

I suppose with 60 years of data, you can make a graph do whatever the fuck you want it to do...

...

If your mind's aclutter, cleanse it, sonically:

Sequence 17

https://www.youtube.com/watch?v=5BrvoWEw2J8

eclectic syncretist's picture

Like the cluttered minds of the mammon-discipled sociopathic central banksters, always singing...

https://www.youtube.com/watch?v=ao-Sahfy7Hg

NotApplicable's picture

Meanwhile, the MSM is proclaiming "Unemployment at 7 year lows!"

If this keeps up, the unemployment rate will disappear altogether!

 

espirit's picture

The layoffs will continue until everyone is employed.

New Normal, my ass.

Creepy A. Cracker's picture

More free-shit army voters being generated at a rapid pace.

Huge win for Dear Leader Obama.

Pool Shark's picture

 

 

Wow!

ZH being linked by

DRUDGE REPORT


wee-weed up's picture

Ah woh mah free shee-it, mutha fucka!

Creepy A. Cracker's picture

I got here through a link on the

N.Y. TIMES

It was in a "news" article about evil straight white men and the "fact" that they are the root cause of all problems on earth.  It said, as "news," if the world were only run by overly emotional transgender non-white skinned peoples then all would be peaceful and well with the world.

Ying-Yang's picture

As much as I like 69%

We should all take a leave of absence for about six months or so.

That would about wrap it up.

100%... only 31 points to go!

dontgoforit's picture

Tipping point on the horizon.  Atlas is shrugging.

TheAntiProgressive's picture

When those involved in the labor participation rate get jobs will the "unemployment" number go negative?

TheRideNeverEnds's picture

yea and when that happens and the labor rate surges back over 67% the FED will raise rates back to 10% and everyone will be given a free pony... 

espirit's picture

I wanta free pony.

250 lbs. + fresh meat for the freezer. 

Ying-Yang's picture

Pony meat?

Are you a Frenchie?

Alvin Fernald's picture

Or you could just vote for Vermin Supreme to get your free pony.

 

https://www.youtube.com/watch?v=4d_FvgQ1csE

cosmictrainwreck's picture

MEANWHILE...all "Market" indices TO DA FUCKIN' MOON

PETER913's picture

The politicians fiddle while Rome burns.

Oldwood's picture

Is this the utopia we have been looking for?

Trading our "slavery" of working to feed ourselves for the "slavery" of total government dependency.

And we wonder why so many more seem to prefer it up the ass these days.

 

StarfishPrime's picture

-5% unemployment! More people working than necessary!

lunaticfringe's picture

Day after day, week after week. It's "I got you babe" and a steady diet of bullshit.

http://thecivillibertarian.blogspot.com/2015/05/73-months-of-economic-bu...

divingengineer's picture

A new Golden Age of  preposterous  prosperity is upon us, rejoice!   

NotApplicable's picture

"Prepostprosperity?"

Why I feel better already!

Perseus son of Zeus's picture

This is a random FUCK YOU comment!

Occasionally I just popup and post a random comment for all to enjoy.

Colonel Klink's picture

Your original post has been duly noted.

-NSA

Evil Peanut's picture

320,000,000 = total population

74,500,000 = children *1

40,300,000 = age 65+ *2

Simple math time

320,000,000

-74,500,000

-40,300,000

= 205,200,000 working age

-93,194,000 *unemployed

= 112,006,000 potentially working full or part-time

= 41.2407% true unemployment rate

 

*1

http://www.childstats.gov/americaschildren/tables/pop1.asp

*2

http://www.census.gov/content/dam/Census/library/publications/2014/demo/...

Oldwood's picture

Political correctness that is designed to create sustainability by ignoring facts for the dual purpose of maintaining "confidence" while also robbing us into poverty, has deemed your use of facts a threat that requires remediation immediately.

Be warned.

Chauncey Gardener's picture

Report to nearest detention center, thoughtcriminal!

Kind regards,

NSA

fiftybagger's picture

Excellent.  Now subtract all goobermint workers from that number.  And if you want to get really depressed, also subtract out all the useless eaters like educators, lawyers, pharmacrooks, doctors, grant money grifters, nonprofit scammers,  and every other indirect parasite, and you'll see that it's already over but the shouting.

Silver For The People

Creepy A. Cracker's picture

Ummmmm...  Excuse me.  Real numbers and critical thinking are NOT allowed. 

Re-education camp for you!...

divingengineer's picture

41.2407% unemployment, eh?

Given what I see when I leave my house and go anywhere in the public realm, I think you could be not far from correct.  

Oldwood's picture

If everyone is working, who would have time to shop, to consume? We don't need more jobs, just more consumption. The Fed will make up the difference.

dontgoforit's picture

Automation and robots have grabbed a large chunk.  Don't forget the disabled, the unabled and the entitled.  That's another 15-20 million.

Chauncey Gardener's picture

Bullish. You want fries with that?

NotApplicable's picture

And half of them are driving new cars, thanks to securitization backed by Uncle Sugar.

Don Keot's picture

Must be why I'm caught in traffic at 2pm.

Ginsengbull's picture

But if they give jobs to those children and elderly, making shoes or something, they could get their numbers up to negative unemployment in no time.

Chauncey Gardener's picture

That's why we have to pass TPP to find out what's in it. Emporer Hussein promises 10,000 new manufacturing jobs here in

'Murica making Air Jordans. Then, the underpriviledged youth will loot them for free while you make Chinese minimum wages. 

Everything's awesome!

Scrape the Bottom With Rodham!

ThoreauHD's picture

I was just calculating this out, and you beat me to it.  This is 94 Million working age population too... Even if it was every aborted baby and senior citizen with alzheimers, it would still be 29% of the population.  This is massive.  One out of every two people you meet is unemployed.  That's approaching 3rd World employment status.