There are now an astonishing 90 million people absent from the US labor force

• Discouraged job seekers behind shrinking labor force

“The number of working-age Americans counted as part of the labor force — either with a job or looking for one — tumbled by 496,000 in March, the biggest fall since December 2009, the Labor Department said on Friday. That pushed the so-called workforce participation rate to a 34-year low of 63.3 percent.”

• Civilian Labor Force Participation Rate (CIVPART)

2013-03: 63.3  Percent    Last 5 Observations
2013-02:  63.5
2013-01:  63.6
2012-12:  63.6
2012-11:  63.6

It was nice knowing you, America
There are now an astonishing 90 million people absent from the US labor force.
NPR reports: “Every month, 14 million Americans get a disability check from the government.”
“In Hale County, Alabama, nearly 1 in 4 working-age adults is on disability.”
As of December 2012, 47 million Americans were on food stamps. The USDA assesses the annual cost of the program at $71.8 billion.
Separate from food stamps, and apparently not including other members of a household where at least one person is receiving government payments, we have 4.3 million Americans on welfare.
Medicaid, the government medical-care program for the poor, lists 50.1 million people enrolled in 2011. If you include Americans who were on Medicaid for at least one month in that year, the number swells to 70.4 million. As a result of Obamacare, the US Dept. of Health and Human Services predicts 20 million new people will be added to Medicaid in 2019.
Forbes Magazine states the annual cost of healthcare in the US is $2 trillion. And yet, concealed from the public, this money is used to wreak incredible destruction on the people.

Read more at http://investmentwatchblog.com/there-are-now-an-astonishing-90-million-people-absent-from-the-us-labor-force/#7egdCTy6MQX7SwIM.99