The Hill News

One of the hallmarks of the Obama administration’s accomplishment in changing the jobless rate has been the persistent mass exodus from the workforce by people who used to either work or look for it.

In the past year alone, Labor Secretary Hilda Solis’s own statistics show that approximately 2.16 million Americans are no longer in the workforce. Why is this significant?

Shockingly, the percentage of the population that is employed is actually lower now than it was a year ago, when the unemployment rate was at 9.7 percent, as opposed to the currently claimed 8.9 percent.

Read more...