Francesco Abbruzzino, The Uncensored Report, LLC

 

 

We are being told that we are in the midst of the worst worker shortage in the history of the United States, but the numbers that we are being given by the federal government suggest that there should be no shortage of workers.  As I will detail in this article, we are being told that there are 107 million working age Americans that are not employed right now.  That is an astoundingly high figure.  In fact, it is much, much higher than the peak that we hit during the “Great Recession” of 2008 and 2009.  Of course back then we had millions upon millions of unemployed Americans that were absolutely desperate for a job.  Today, the opposite is true.  There are millions upon millions of open jobs, and employers are doing everything that they can to entice people to come to work.  They are dramatically raising wages, they are handing out huge signing bonuses, they are offering to pay for college, and in some cases they are even completely waiving drug testing requirements.  But even though all of this is happening, we still have 107 million working age Americans on the sidelines.

 

On Friday, we got some brand new employment numbers from the Labor Department.  According to those numbers, there are more than 100 million Americans that are considered to be “not in the labor force” right now…

 

The Labor Department’s Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in October, up 38,000 from the 100,412,000 in September.

This is the 14th straight month that this “not in the labor force” number has remained above 100,000,000.

 

But that figure doesn’t give us the full number of potential workers that are on the sidelines, because it doesn’t include anyone that is officially unemployed…

 

Persons who are neither employed nor unemployed are not in the labor force. This category includes retired persons, students, those taking care of children or other family members, and others who are neither working nor seeking work.

 

So to get the full number of working age Americans that are “potential workers”, we need to add in those that are officially considered to be “unemployed”, and according to the Federal Reserve that number currently stands at 7.4 million.

 

Once we add 100 million to 7 million, that gives us a grand total of 107 million working age Americans that do not have a job right now.

 

Why can’t we get more of them to go back to work?

 

Of course there are many that were not working before the pandemic came along and that still have no intention of working now.

 

We aren’t really concerned about them.

 

But what should alarm all of us is that the number of Americans that were working just before the pandemic was much higher than the number of Americans that are working now.

 

So where did all of those workers go?

 

Are they just lazy?

 

Are some of them sitting at home collecting government checks?

 

Have some of them become incapacitated?

 

Have some of them died?

 

Needless to say, an increasing number of Americans are not working in their chosen fields right now because they have been forced out of their jobs by various local mandates.

 

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