Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

9/6/2013 (2 years ago)

Catholic Online (

Bureau says that there are 90,473,000 not in the work force

Many were quick to point out the bitter irony of this past Labor Day - record numbers of Americans, fed up with the bad economy, have simply stopped looking for work. According to the Bureau of Labor Statistics, the number of Americans 16 years or older not participating in the nation's labor force has pushed past 90,000,000 for the first time ever. 

The Bureau of Labor Statistics counts a job participant in the labor force if they are 16 years or older and have either have a job or have actively sought a job in the last four weeks.

The Bureau of Labor Statistics counts a job participant in the labor force if they are 16 years or older and have either have a job or have actively sought a job in the last four weeks.


By Catholic Online (NEWS CONSORTIUM)

Catholic Online (

9/6/2013 (2 years ago)

Published in Business & Economics

Keywords: Bureau of Labor Statistics, unemployment, baby boomers

LOS ANGELES, CA (Catholic Online) - The bureau counts a job participant in the labor force if they are 16 years or older and have either have a job or have actively sought a job in the last four weeks. To qualify, a person is a non-participant if they are 16 years, or older and have not sought a job in the last four weeks.

According to BLS, 89,957,000 Americans in July were non-participants. In August, that climbed to 90,473,000, a one month increase of 516,000.

When President Barack Obama took office in January of 2009, there were 80,507,000 Americans not in the labor force. Therefore, the number of Americans not in the labor force has increased by 9,966,000 during Obama's presidency.

A reason for this increase in the number Americans not participating in the labor force is due to the Baby Boomers reaching retirement age that have decided to stop working. These figures are not being replaced by an equal number of younger people reaching age 16 and thus becoming part of the BLS labor force population.

It must be stated that the overall percentage of the non-institutionalized population over the age of 16, that is working or seeking to work in the United States, which the bureau calls the employment-population ratio, has declined significantly in recent years.

From July to August, it dropped from 58.7 percent to 58.6 percent. In January 2009, when President Barack Obama took office, it was 60.6 percent. It reached an historical peak in April 2000, when it was 64.7 percent.

Watch Catholic Online's most viral videos here!


Pope Francis: end world hunger through 'Prayer and Action'

Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for October 2015
That human trafficking, the modern form of slavery, may be eradicated.
Evangelization: That with a missionary spirit the Christian communities of Asia may announce the Gospel to those who are still awaiting it.


More Business & Economics

Overworked Wall Street employees experience seizures, are hospitalized, and have died Watch

Image of John Hughes in Thomas' bedroom (Damon Winter).


Wall Street has always been a very demanding place to work and with recent work-related deaths, it seems that Wall Street must find a way to provide work-life balance to its employees.  NEW YORK CITY, NY (Catholic Online) - Thomas Hughes was a 29-year-old ... continue reading

7 ways to bring your family out of debt Watch

Image of


There are a lot of ways the improper handling of finances can jeopardize you and your family. The cost-of-living continues to get higher yet your income doesn't. How can you make ends meet? LOS ANGELES, CA (Catholic Online) - Fear not! You can regain control of your ... continue reading

3 easy ways to save money and pay off debt Watch

Image of


Work and play, earn and spend -It's the way the economy survives, but what about your survival? If you're having trouble saving money, don't have a dedicated savings account or just don't know how to stop spending, you may have a problem. LOS ANGELES, CA (Catholic ... continue reading

Is the stock market in trouble? Historical market turndowns following papal visits Watch

Image of Papal visits versus the stock market were reviewed.


As Pope Francis visits the United States, historical data of visits from his predecessors to the United States were linked to several market downturns in the US. MUNTINLUPA CITY, PHILIPPINES (Catholic Online) - Pope Francis made his historical visit to the United ... continue reading

Construction of high-speed rail between L.A., Las Vegas approved by U.S., China Watch

Image of Signed before Chinese President Xi Jinping's state visit to the U.S., the project is a milestone in China's efforts to market its high-speed rail technology in advanced economies.

By Catholic Online (NEWS CONSORTIUM)

A joint venture to build a high-speed railway linking Las Vegas and Los Angeles has been agreed upon. The project will be the first Chinese-made bullet-train project in the U.S. LOS ANGELES, CA (Catholic Online) - XpressWest Enterprises LLC, along with a China ... continue reading

PENDING FED DECISION: U.S. may be due for the first rate hike in 10 years Watch

Image of A relative

By Catholic Online (NEWS CONSORTIUM)

The Federal Reserve may have to make a very hard decision shortly. "If the Open Market Committee takes the plunge, it will be the first US rate hike in nearly 10 years," Telegraph columnist Jeremy Warner says. LOS ANGELES, CA (Catholic Online) - It will be the ... continue reading

Bear market looms, Yale University market scholar warns Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

There is widespread concern that U.S. stocks are overvalued, which will lead to a ferocious bear market unseen since the "Dot-com" bubble burst in 2000. According to research by Yale University market scholar and Nobel economics laureate Robert Shiller, while ... continue reading

Job participation rate in U.S. at 38-year low Watch

Image of According to Bureau of Labor Statistics, the nation's civilian non-institutional population - which means that all people 16 years of age or older who were not in the military or an institution -- reached 251,096,000.

By Catholic Online (NEWS CONSORTIUM)

Americans not participating in the labor force jumped by a whopping 261,000 more in August than there was in July. The participation rate in U.S. labor remained at 62.6 percent, a 38-year low, for a third straight month in August. These are "cheerful" ... continue reading

Islamic State attempts to replace the U.S. dollar with gold coins Watch

Image of A five denar piece featuring a picture of seven wheat stalks, representing the

By Kenya Sinclair (NEWS CONSORTIUM)

The Islamic State has announced it will be producing gold currency with the goal of weakening the dollar. LOS ANGELES, CA (Catholic Online) - A video posted Saturday, August 29th by the Islamic State warns that replacing the dollar will be "the second blow to America's ... continue reading

Art collectors seek liquidity as market plummets Watch

Image of Picasso piece auctioned for a record $179.4 million.


Inquiries about art loans reportedly increased after global equities plunged. The unfortunate event led many to view their collections as assets and investment to cash-in.  MUNTINLUPA, PHILIPPINES (Catholic Online) - Bloomberg Business reports many collectors and ... continue reading

All Business & Economics News


Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Subscribe to Catholic OnlineYouTube Channel

Daily Readings

Reading 1, Jonah 3:1-10
1 The word of Yahweh was addressed to Jonah a second ... Read More

Psalm, Psalms 130:1-2, 3-4, 7-8
1 [Song of Ascents] From the depths I call to you, ... Read More

Gospel, Luke 10:38-42
38 In the course of their journey he came to a ... Read More

Saint of the Day

Saint of the Day for October 6th, 2015 Image

St. Bruno
October 6: Bruno was born in Cologne of the prominent Hartenfaust family. ... Read More