03 October 2014 (10:39 UTC-07 Tango)/08 Dhu l-Hijja 1435/11 Mehr 1393/10 Jia-Xu 4712

“…you can’t be officially ‘unemployed’ if you’re not looking for work, having a bunch of people give up looking for work makes the unemployment rate lower.”-Huffington Post

Again the unemployment rate in the U.S. dropped, but again the real reason is that thousands of U.S. citizens who’re were being counted officially as unemployed (I’m a U.S. citizen that’s unemployed who has never been counted because I didn’t qualify under Idaho unemployment rules) quit looking for work and dropped off the official unemployment roles.   97-thousand in fact!

U.S. Job Losses & Store Closings 22 July 2014