• Sprott Money
    05/26/2016 - 05:58
    How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something...

St. Louis Fed's "Not In Labor Force" Data Is Now Officially Off The Chart

Tyler Durden's picture


The comedy continues: the April "Not in labor force" seasonally adjusted print: 88,419,000. And yet, the maximum reading permitted by St Louis Fed Not in Labor Force (LNS15000000) graph: 88,000,000. The data has now officially dropped off the chart. No further commentary necessary.

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Fri, 05/04/2012 - 09:22 | 2396496 Death and Gravity
Death and Gravity's picture

I predict markets will melt up today.

Fri, 05/04/2012 - 09:26 | 2396522 giovanni_f
giovanni_f's picture

Relax. There is nothing to "melt up". No "markets" left in the US, just casinos run by squids.

Fri, 05/04/2012 - 09:40 | 2396608 Oh regional Indian
Oh regional Indian's picture

Anyone who does not believe in the "Deep Manipulation of Everything" theories just needs to see stuff like this and figure...

Things have become so bad...so bad and still only squeaks of revolt. re-volt...hmmmmmm...english the mind-duck. Re-volt is to re-charge?

Anyways, somewhere is a model of almost Asimovian, Foundational, pre-historical complexity, mapping all these vectors to know exactly how much pain a dumbed down population will take.

Lithium in the water supply folks. Coming soon to a municipality near you.


Fri, 05/04/2012 - 09:58 | 2396692 V in PA
V in PA's picture

This is weak. A chart representing 'percent of population' not in work force is more accurate. This chart says nothing.

Fri, 05/04/2012 - 10:00 | 2396706 Oh regional Indian
Oh regional Indian's picture

Well V, it does say something. In fact it screams "OFF THE CHARTS"

to me anyways.



Fri, 05/04/2012 - 10:33 | 2396774 The Big Ching-aso
The Big Ching-aso's picture



Pretty soon the only people left in the Labor Force will be women ready to deliver.

Fri, 05/04/2012 - 10:53 | 2396916 toady
toady's picture

I know, how stupid is that?

Whoever put that chart out needs to be fired! Whoever approved the distribution of that chart needs to be fired! Whoever manages that group needs to be fired! I mean, how difficult is it to take a couple of rows of the bottom and add them to the top? Those @##$%% @%&&*+ @$+-*%%!

That's what the Bernank must be saying as he paces back and forth in his office...

Fri, 05/04/2012 - 13:27 | 2397460 MarsInScorpio
MarsInScorpio's picture

The more meaningful commentary on the chart, using your observation, is to ask, "What does this say about the quality of person employed at the FED?"


Fri, 05/04/2012 - 10:28 | 2396831 Stoploss
Stoploss's picture



Spit it out..

When you get that figured out, be sure to post it.

Fri, 05/04/2012 - 12:32 | 2397222 V in PA
V in PA's picture

Labor Force Participation Rate: http://data.bls.gov/timeseries/LNS11300000


Adjust for year at the top of the page.

Edit: Original link was bad

Fri, 05/04/2012 - 09:28 | 2396531 GetZeeGold
GetZeeGold's picture



A little good news.....we have one job opening for a new chart maker.


Fri, 05/04/2012 - 09:38 | 2396596 midtowng
midtowng's picture

I'm predicting a negative unemployment rate in the future.

Fri, 05/04/2012 - 09:53 | 2396676 StychoKiller
StychoKiller's picture

Semi-log paper isn't even necessary yet, total FAIL!

Fri, 05/04/2012 - 10:36 | 2396855 Carl Spackler
Carl Spackler's picture

This chart furtherlegitimizes Ron Paul's argument in the FT yesterday about central bankers!

Fri, 05/04/2012 - 11:22 | 2397023 fockewulf190
fockewulf190's picture

Lol, that job has now been eliminated and replaced by a 99 weeker.

Fri, 05/04/2012 - 13:55 | 2397568 Mentaliusanything
Mentaliusanything's picture

jeez how hard is it to change the left side writing to "Hundreds of Thousands" 

And while their at it send silver bearded Chairman a cup cake sprinkiled with them.

Hope they choke him

Fri, 05/04/2012 - 09:42 | 2396616 SeverinSlade
SeverinSlade's picture

What happens when the total # of people not in the labor force EXCEEDS the total US population?

Perhaps that's what caused the big bang?

Fri, 05/04/2012 - 09:48 | 2396646 sunaJ
sunaJ's picture

That can't happen, but what can happen is the "unemployment rate" can drop to zero with virtually everyone out of work. 

Fri, 05/04/2012 - 10:05 | 2396722 SeverinSlade
SeverinSlade's picture

You underestimate the sheer retardedness of the US government.

Fri, 05/04/2012 - 09:22 | 2396498 brewing
brewing's picture

just getting laughable at this point.  where's MDB...

Fri, 05/04/2012 - 09:36 | 2396582 Hippocratic Oaf
Hippocratic Oaf's picture

MDB will show. Where the hell is ROboT tRaDEr?

Fri, 05/04/2012 - 10:15 | 2396764 Zero Debt
Zero Debt's picture

Both dropped out of the labor force to study exponential functions.

Fri, 05/04/2012 - 10:28 | 2396834 Dr. Engali
Dr. Engali's picture

Robo got ejected,along with a few other trolls.

Fri, 05/04/2012 - 12:22 | 2397233 Zymurguy
Zymurguy's picture

Wha???  Hopefully Robo wasn't booted... I never really considered him a troll.  I think maybe a little misguided but I don't think he was purposely posting here to be an asshole... unlike MDB.  Although MDB, in certain quantities was good for some comic relief.

Fri, 05/04/2012 - 09:24 | 2396506 Jendrzejczyk
Jendrzejczyk's picture

Humorous, but tragically so.

Fri, 05/04/2012 - 09:25 | 2396508 Caviar Emptor
Caviar Emptor's picture

I'm leaving this labor force before it's too late and everybody's leaving. 

I'll bring the beer. 

Fri, 05/04/2012 - 09:39 | 2396605 AL_SWEARENGEN

Charts, much like the money supply are easily expandable.

Fri, 05/04/2012 - 09:50 | 2396658 nonclaim
nonclaim's picture

Until it runs out of people... or will they apply the keynesian multiplier here too?

Fri, 05/04/2012 - 09:24 | 2396509 Cursive
Cursive's picture

I'm thinking that Joe Brusca is re-thinking his assualt on Charles Biderman.

Fri, 05/04/2012 - 09:30 | 2396535 giovanni_f
giovanni_f's picture

Bruschetta - re-what? People with a mission/agenda are caged in belief systems that are resistant to facts.

Fri, 05/04/2012 - 11:20 | 2397015 NotApplicable
NotApplicable's picture

Re-thinking? That statement contains implications that are simply not true.

Fri, 05/04/2012 - 09:25 | 2396512 the not so migh...
the not so mighty maximiza's picture

We need a bigger chart

Fri, 05/04/2012 - 09:38 | 2396593 agNau
agNau's picture

With a big enough chart, there will be no change.

Fri, 05/04/2012 - 09:41 | 2396613 mayhem_korner
mayhem_korner's picture



Eh, Chiefy?

This Chart, swallow ya whole...little shakin, little tenderizing, and down ya go... For ten thousand bucks, I'll bring ya the head, the tail, the whole damn chart.  (Quint, Jaws)

Fri, 05/04/2012 - 10:03 | 2396713 Pinktip
Pinktip's picture

Love Jaws....


"You'll ignore this problem until it swims up and bites you in the ass!" ....Hooper to Mayor.

The line I reference when trying to wake up friends and family.......:)

Fri, 05/04/2012 - 09:25 | 2396516 surf0766
surf0766's picture

Green shoots. We are buyers of equities here.

Fri, 05/04/2012 - 09:25 | 2396518 Caviar Emptor
Caviar Emptor's picture

I theenk we need a beeger chart

Fri, 05/04/2012 - 09:31 | 2396559 Cursive
Cursive's picture

@Cavier Emptor

I'm looking at it again and thinking "Thelma and Louise"....

Fri, 05/04/2012 - 10:21 | 2396789 ViewfromUnderth...
ViewfromUndertheBridge's picture

Here you go http://research.stlouisfed.org/fred2/graph/?s[1][id]=LNS15000000

Fred reads Zero Hedge, fixed already...well kinda.

Fri, 05/04/2012 - 12:26 | 2397239 Zymurguy
Zymurguy's picture

Just like the credit ceiling... heck, just pop the top off that bitch and eliminate the ceiling, roof and the whole goddamn stops altogether.  Turn the machines back on!!!  Print baby print and blow this bitch up so we can get on to fixing the system by starting over and making fiat, fractional reserve, etc. illegal.

Fri, 05/04/2012 - 09:25 | 2396521 Change-In-Trend
Fri, 05/04/2012 - 09:27 | 2396523 laomei
laomei's picture

I like how it's climbing even faster during the "recovery" than it was during the "recession".  It's almost as if there was no recovery at all and it's really just a prolonged depression with no real end in sight.



Remember kiddies, once they get that number low enough, they can go all austerity again with unemployment benefits.  Once it falls under a certain threshhold, the emergency funding goes away. and back to 26 weeks you all go.

Fri, 05/04/2012 - 09:28 | 2396539 surf0766
surf0766's picture

26 is all there should have been to start with. We made a whole group of people lazy and unemployable

Fri, 05/04/2012 - 09:32 | 2396563 SeverinSlade
SeverinSlade's picture

How about 0 weeks instead?

Eliminate the criminal IRS, unconstitutional income and property taxes, and return to this country back to its founding principals.  Charity isn't charity when it's forced with a gun.

And to any idiot that says that us freedom loving Patriots are "heartless" for not wanting to have our private property stolen via taxation, I pose this question:  How much more likely would be to donate money to a worthy charity or give a loan to a friend or family member in need if you paid zero income or property taxes? 

Also, charity should never be given to receive a reward (i.e. a tax break). 

Fri, 05/04/2012 - 10:52 | 2396912 Almost Solvent
Almost Solvent's picture

Agreed, but those sucking on our tits outnumber us and we can't outvote them.


Everyone is waiting for those on the public teet to revolt first, but I firmly suggest that it is those whose teet is being sucked dry will have to be the ones to revolt first, otherwise the tits will dry up sooner rather than later.

Fri, 05/04/2012 - 10:59 | 2396942 Ying-Yang
Ying-Yang's picture

Are you saying Tit for Tat?

Fri, 05/04/2012 - 09:45 | 2396629 agNau
agNau's picture

With guns

And future unemployment extensions on the way. Unemployment under 8%...Mission Accomplished!......strike that......"Hope and Change in your pocket"!

Fri, 05/04/2012 - 09:28 | 2396544 SeverinSlade
SeverinSlade's picture

Oh boy, just imagine how this country will be if the maximum UI benefits returns to 26 weeks...How will anyone be able to afford all of the iGarbage?

Fri, 05/04/2012 - 09:26 | 2396524 alexwest
alexwest's picture

nice catch


Fri, 05/04/2012 - 09:27 | 2396534 alexwest
alexwest's picture

will last one please switch the lights off?


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