Obama’s War on Women: Labor Force at New Low, Unemployment Up

Less Women are in the workforce

war-women-wakeAmerican women participating in the nation’s labor force hit a new low at a rate of 56.9 percent in October, according to data released today by the Bureau of Labor Statistics (BLS).

Additionally, the number of women holding jobs declined by 357,000 from September to October, and the unemployment rate increased for women from 6.7 percent to 6.9 percent.

In October, according to the BLS, the labor force participation rate for women was 56.9 percent, down from 57.1 percent in September and 57.3 percent in August.

– See more at: CNS News

And it is not much better for the rest of us as Labor force participation rate is at a 35 year low

The only two charts that matter from today’s distorted nonfarm payrolls report.

First, the labor force participation rate, which plunged from 63.2% to 62.8% – the lowest since 1978!

Participation Rate_0_0

But more importantly, the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October, to a record 91.5 million Americans! This was the third highest monthly increase in people falling out of the labor force in US history.

Read More at Zero Hedge

And The BLS Numbers are a Bit Squirrely  –

“The household survey is weird. It says unemployment only rose 0.1 percent to 7.3 percent,” even though 735,000 more people said they lost jobs, said Justin Wolfers, economics professor at the University of Michigan. He advised his Twitter followers to ignore the household survey which contains the unemployment figures and focus on the survey of businesses, which contains the figures on new payroll jobs.

Read more: Washington Times
About Albert N. Milliron 6991 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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