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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Death and Gravity's picture

I predict markets will melt up today.

giovanni_f's picture

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

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.

ori

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.

Oh regional Indian's picture

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

to me anyways.

;-)

ori

The Big Ching-aso's picture

 

 

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

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...

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?"

-30-

Stoploss's picture

Well??

 

Spit it out..

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

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

GetZeeGold's picture

 

 

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

 

midtowng's picture

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

StychoKiller's picture

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

Carl Spackler's picture

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

fockewulf190's picture

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

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

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?

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. 

SeverinSlade's picture

You underestimate the sheer retardedness of the US government.

brewing's picture

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

Hippocratic Oaf's picture

MDB will show. Where the hell is ROboT tRaDEr?

Zero Debt's picture

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

Dr. Engali's picture

Robo got ejected,along with a few other trolls.

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.

Jendrzejczyk's picture

Humorous, but tragically so.

Caviar Emptor's picture

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

I'll bring the beer. 

AL_SWEARENGEN's picture

Charts, much like the money supply are easily expandable.

nonclaim's picture

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

Cursive's picture

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

giovanni_f's picture

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

NotApplicable's picture

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

the not so mighty maximiza's picture

We need a bigger chart

agNau's picture

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

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)

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.......:)

surf0766's picture

Green shoots. We are buyers of equities here.

Caviar Emptor's picture

I theenk we need a beeger chart

Cursive's picture

@Cavier Emptor

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

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.

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.

surf0766's picture

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

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). 

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.

Ying-Yang's picture

Are you saying Tit for Tat?

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"!

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?

alexwest's picture

nice catch

alx

alexwest's picture

will last one please switch the lights off?

alx