Nonworking America: Those not in the labor force up by 12,000,000 since recession ended, a growth rate of 15 percent while the overall population is up 4 percent.

My Budget 360 reports:

In the U.S. since the recession ended in 2009 we have added 12,000,000 people to a category labeled as “not in the labor force.” This is a 15 percent growth rate in this category while the overall population has increased 4 percent during this same period. Many Americans have dropped out of the labor force because they are unable to find work in this current economy and many younger Americans are simply enrolling in college at higher rates and with higher debt. We have a system that really does a poor job of measuring the economic well-being of most people. For example, GDP contracted in Q1 of 2014 yet somehow, the stock market continues to make new highs and those not in the labor force continue to expand.

No word yet on whether the Obama regime will blame the bad numbers on the Koch brothers.