About 2.1 million persons (not seasonally adjusted) were marginally attached
to the labor force in April, 675,000 more than a year earlier. These indivi-
duals wanted and were available for work and had looked for a job sometime in
the prior 12 months. They were not counted as unemployed because they had not
searched for work in the 4 weeks preceding the survey.
Among the marginally attached, there were 740,000 discouraged workers in April, up by 328,000 from a year earlier.
Discouraged workers are persons not currently looking for work because they believe no jobs are available for them.The other 1.4 million persons marginally attached to the labor force in April had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.
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 Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
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