Unemployment rate doesn't include 91,000,000 who aren't looking for a job

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[h=1]91 million Americans aren't looking for jobs[/h] By Annalyn Kurtz February 10, 2014: 2:20 PM ET


The unemployment rate isn't always the best measure of the job market, because it only includes people who have actively searched for work within the last four weeks. Many Americans just aren't looking for jobs.
In fact, about 91 million adult Americans don't work, and aren't looking for jobs. They make up 37% of the population -- the highest level on record since 1978.
Yes, some of them are workers who've been out of a job for so long that they've given up entirely.
But don't be too alarmed: In addition to discouraged workers, this group also includes people who are retired, enrolled in high school or college, and staying at home to take care of young children or elderly relatives.
Here is a complete view of the U.S. working-age population, including everyone over age 16.
 

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The unemployment rate no longer represents a meaningful much less relevant number. The only thing that is important is the number of people in the work force and more meaningful is how many are full time. The rest is a political balloon filled with hot air.
 

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91 million Americans aren't looking for jobs



Look at the bright side -- Ratings for "The Young and the Restless" have never been higher.
 

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The US has 117.7 million full-time workers.

Back in November 2007, we had 121.9 million
 

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91 million Americans aren't looking for jobs

By Annalyn Kurtz February 10, 2014: 2:20 PM ET

The unemployment rate isn't always the best measure of the job market, because it only includes people who have actively searched for work within the last four weeks. Many Americans just aren't looking for jobs.
In fact, about 91 million adult Americans don't work, and aren't looking for jobs. They make up 37% of the population -- the highest level on record since 1978.
Yes, some of them are workers who've been out of a job for so long that they've given up entirely.
But don't be too alarmed: In addition to discouraged workers, this group also includes people who are retired, enrolled in high school or college, and staying at home to take care of young children or elderly relatives.
Here is a complete view of the U.S. working-age population, including everyone over age 16.

GREAT Point, and one of the reasons the number is somewhat irrelevant, when it comes to the job market. The Baby Boomers are retiring, and that group is named that for a reason(HUGE numbers), have retired, and will be retiring in the not too distant future. For the number to have true meaning, for both now and the future, those who are retired or retiring should certainly not count in any measure.
 

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Note what happened immediately after the Obama 'Stimulus' was passed
 

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