169,000 Americans Drop Out of Labor Force in January As Unemployment Ticks Up

February 1, 2013 by Leave a comment

The number of Americans not in the labor force grew by 169,000 in January, according to the Bureau of Labor Statistics’ latest jobs report.

BLS labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work. There were 89 million of them last month.

The number of people not in the labor force had declined in December to 88.8 million from 88.9 million in November… via 169,000 Americans Drop Out of Labor Force in January As Unemployment Ticks Up | CNS News

Filed under Economic News Tagged with ,

President Barack Obama’s Jobs Council hits 1 year without official meeting

January 18, 2013 by Leave a comment

President Barack Obama’s Jobs Council hit a notable milestone on Thursday: one year without an official meeting. The 26-member panel is also set to expire at the end of the month, unless Obama extends its tenure.

The group, formally known as the President’s Council on Jobs and Competitiveness, last convened on Jan. 17, 2012 for a White House session where it presented formal recommendations to Obama. It was the panel’s fourth official meeting since it was created in early 2011… via President Barack Obama’s Jobs Council hits 1 year without official meeting – POLITICO.com

Filed under Economic News Tagged with , , ,

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