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Monday, August 4, 2014

Employment

News                                                                                                                             
CNS News | 11,472,000 Americans Have Left Workforce Since Obama Took Office
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).

Econ Comments & Analysis                                                                                            
Real Clear Markets | Is Long-Term Unemployment Finally Returning to Normal?
When a government statistic hits nearly double its previous record, people need to ask why so that we can avoid a repeat of such a situation. If "compassion" just leads to longer spells of unemployment, we need to ask if such a policy is truly compassionate.

Blogs                                                                                                                             
WSJ: Real Time Economics | Why So Few People Are “Marginally Attached” to the Labor Force
Economists attempting to dissect the U.S. labor market in recent years have been perplexed by the number of people leaving the labor force entirely. In a little over a decade, the number of people either working or actively looking for work has declined to 62.8% from 67.3%.