Blaine’s Bulletin: by U.S. Representative Blaine Luetkemeyer
Over the past few years, President Obama has often referred to job creation in his State of the Union Address.
While his rhetoric on job-creation has been substantial, the results have been disappointing.
The administration has been quick to point out the national unemployment rate has fallen, however, most economists agree that it is misleading and here’s why: In December, for every one person who found a job, more than four stopped looking for one.
Meanwhile, the Labor Force Participation Rate, which is a measure of the active portion of an economy’s labor force, stands at 62.8 percent, its lowest level since 1978.
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