Labor market treading water as just as many leave labor force as find jobs

Oct. 22, 2013, Fairfax, VA—Americans for Limited Government President Nathan Mehrens today issued the following statement on the latest jobs numbers:

“As many people left the labor force in September as found jobs, casting doubt on whether we have at all turned a corner in this dismal labor market. Since 2009, 10.1 million people have left the labor force, while only 2.15 million found jobs, based on the household survey. In the meantime, the working age population has increased by 11.4 million in that time.

“Every year, millions of potential workers are being displaced in the Obama economy, with no end in sight. This is a depression of sustained high joblessness, and no amount of sugarcoating can change what going forward is a very bleak outlook.”

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