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<\/a>(CNSNews.com) – 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).<\/p>\nIn July 2014, there were 92,001,000 Americans, 16 and over, who were classified as \u201cnot in the labor force,\u201d meaning they not only did not have a job, but they didn\u2019t actively seek one in the last four weeks.<\/p>\n
This number has increased by 11,472,000 since January 2009, when the number of Americans not in the labor force was 80,529,000. \u00a0<\/p>\n
The number of Americans not in the labor force dropped slightly in July, down 119,000 from the 92,120,000 Americans not in the labor force in June.<\/p>\n
The participation rate, which measures the percentage of the civilian non-institutional population that participated in the labor force by either having a job or actively seeking one, increased from 62.8 percent in June to 62.9 percent in July.<\/p>\n
In July, the number of unemployed Americans increased by 197,000 (from 9,474,000 in June to 9,671,000 in July), meaning they did not have a job even though they were actively seeking one.<\/p>\n
While the number of unemployed increased in July, so did the number of employed Americans: In June, there were 146,221,000 employed Americans, and that number climbed to 146,352,000 in July, a one-month increase of 131,000.<\/p>\n
The unemployment rate increased from 6.1 percent in June to 6.2 percent in July.<\/p>\n","protected":false},"excerpt":{"rendered":"
11,472,000 Americans Have Left Workforce Since Obama Took Office By\u00a0Ali Meyer CNSNews.com (CNSNews.com) – 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the … Continue reading