RANT: 7.4 percent because of “leavers”


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The Labor Department reported Friday that the economy added 162,000 jobs in July, after adding 188,000 in June. Unemployment fell to 7.4 percent, largely because 240,000 adults left the labor force.

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This is how the current Administration claim such a low unemployment rate — folks leaving the workforce. How can that be good news?

I wonder what we have lost in terms of productive lives.

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One Response to RANT: 7.4 percent because of “leavers”

  1. Natasha says:

    The news reports make it seem that the unemployed left the workforce voluntarily. How do they distinguish between those who have exhausted unemployment benefits and those who are not seeking work?

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