92.9 Million Americans not in the Labor Force: 12,369,000 Lost Since 2009

If you believe the federal government, you might think the economy is just chugging along – you also might think unicorns are real and a lucky little green leprechaun is going to drop a pot of gold at your door – unfortunately the fairytale being spun by the government and their media propagandists is just that, one big tale.

According to the federal government the unemployment rate is right at 5.5%. What they’re not telling you is that number is completely fabricated; it’s actually closer to 23% — something I pointed out earlier this year. To get a real look at what’s going on with the workforce, you have to look at the labor force participation rate; that number is hovering near the lowest recorded number since 1978.

The real unemployment numbers show that 92.9 million Americans are not participating in the labor force. The 5.5% unemployment rate is a complete fabrication; it doesn’t take into account those who have stopped looking because they can no longer find a job.

Labor Force participation rate chart
Bureau of Labor Statistics

The Real job numbers under President Obama are appalling. Since he took office in 2009, over 12 million Americans have left the workforce. When President Obama was sworn into office in January 2009 there were 80,529,000 Americans who were not participating in the workforce. Over his 6 years in office that number has ballooned by another 12,369,000.

But it gets even worse. Of the 4.5 million jobs that have been created during Obama’s term, 67 percent of that employment growth has gone to immigrants (both legal and illegal).

And the hits just keep coming. According to a 2013 report from the House Ways and Means Committee, seven out of eight new employees under President Obama have been part-time employees.

So even those that are supposedly working aren’t making anywhere near the money they made prior to the 2008 market crash – something we can thank the last do-nothing President for.

How much longer can this shell game last?

At some point the whole house of cards comes tumbling down. Yesterday we reported on the tech bubble that’s threatening to tank the stock market. Billions of dollars have been pumped into companies that have no hope of ever making a profit, and some investors are starting to warn that this next bubble will be even worse than the Dot-com bubble in 2000.

If you haven’t started taking steps to prepare yourself for the coming hard times, you really need to figure out how you’re going to face the coming chaos. I devoted an entire section to financial preparedness and the collapse in my book, The Ultimate Situational Survival Guide, because I believe it’s one of the most pressing issues we face as a country.

The Continuing Collapse

The real hard truth that nobody seems to want to face is we never really recovered. The collapse that started under President Bush has continued under President Obama, only the country is too worried about pointing fingers to recognize both sides have let us down.

It’s time to start taking this problem seriously.

What can you do to prepare for the collapse?

Money on Fire

Start an Emergency Fund & Get out of Debt: Starting an emergency fund is one of the best things you can do to protect yourself and your family from not only large-scale disasters, but those events in life that can feel like the end of the world when you’re in the middle of the situation. During any type of economic collapse, those in debt and those without savings are going to immediately feel the pain.

During the 2008 economic meltdown, millions of people lost their homes, lost their jobs, and were unable to pay for even basic necessities because they lacked adequate savings to see them through the crisis. During an economic collapse, the possibility of losing your home to debt collectors becomes a real possibility. If you can get out of debt, you limit your risk and put yourself far ahead of most Americans.

Invest in Long-term Consumables: Start stocking up on things that you know you’ll need and use in the future. Emergency supplies, a long-term food pantry, and everyday household goods are all things that you’ll need and will continue to hold their value after the collapse.

Take a serious look at your Defense: If the collapse happens, one of the biggest threats you’re going to face is from people looking to take advantage of the situation. The riots that we witnessed last year in Ferguson, Missouri are going to pale in comparison to what we’ll see during a full-scale economic collapse.

  • Start looking into ways to secure and fortify your home.
  • Learn the basics of self-defense, and consider learning how to use a firearm.
  • Watch for signs of social unrest, and stay alert to what’s going on around you and in your neighborhood.

Invest in a Bugout Bag, and have an evacuation plan: Having an emergency evacuation plan is an important part of being prepared for any type of disaster. If things start going really bad, there may be a need to temporarily evacuate your immediate area. In cases where evacuation becomes necessary, you need to have a bag full of emergency supplies that are ready to go at a moment’s notice.

7 Comments

  1. scoutsout
    March 6, 2015 at 4:46 pm

    The reason people do not understand how the unemployment numbers work is due to schools not teaching economics like they use too.

    • sittingbear
      March 7, 2015 at 9:33 am

      You are correct sir and once more what the hell ARE they teaching ?,,,,,,not a damn thing.
      they have rewriten history, teach ebonics, and lowerered the passing grade to a point our kids don’t know what they should to become great Americans,,,instead they are being taught living off the gov. is ok and thw way it should be.

      • Moose
        March 7, 2015 at 3:46 pm

        Just smart enough to do a job, just dumb enough not to realize they’re slaves.

  2. CM
    March 7, 2015 at 10:38 am

    When we see the same story, phrased in exactly the same way, on every “news” outlet when we are looking for information, you have to know that there is external control of the media.

    There is not any real coverage of the actual unemployment rates because “they” really fear the probable outcome, which would undermine whatever plans they have for the future of our country. Education no longer includes teaching our children how to manage money, make change, handle credit responsibly, earn a living, manage a budget, or pay attention to what were always considered our “rights”. Our kids are now taught to follow orders, obey random rules, follow the leaders, never question, and perform to the least level of proficiency possible.

    So, when we talk to kids about anything of signicance, we are met with disbelief, and ignorance of the world around them. They are not taught to think for themselves or to plan for their own survival. They believe food comes from the store, and that it is always going to be there. They believe the future will always be the same as the past, everything is provided by someone else, there is no cause for concern, or they would be told what to do by someone in charge.

    They will never question the official narrative until the real world effects slap them down. Even then they may not comprehend what happened or be able to provide for themselves without someone to “show them the way”. Instead, they will line up behind the first person that promises to “help” them. They will become the members of “the Golden Horde ” .

    The real numbers of unemployed are only the tip of the iceberg. But, it is part of what we plan to deal with. It is why we work to provide for ourselves, to be self-sufficient, preserve what we gather for future use, and so on.

    Be aware.

    Pay attention.

    The event horizon is approaching.

  3. mrchrisgdotcom
    March 7, 2015 at 1:47 pm

    Yep, once the unemployment runs out, you are no longer counted as unemployed.

  4. gmathol
    March 8, 2015 at 8:02 pm

    It seems nobody real cares. Is just like with issues like pollution – if it gets the masses and it is very obvious there will be some riot or just some outcry.

    It is true many working in the black economy – no taxes, no health care, no benefits no education on the job.

  5. Moman
    March 9, 2015 at 1:45 pm

    Actually.. look at Debtclock.org, the partcipatin workforce versus the unemployed is more like OVER 50% that’s right less then 50% of the population is in the workforce. this number in the article is also bogus according to the debt clock, yes it looks bad, but still manages to shill the idea that we are over the hump and on the rapid decline and the collapse is actually already here, it’s just being fabricated so that we will not know it has already happened until it is all too late.

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