<p>President Obama may very well be remembered as the worst jobs President of all time. According to <em>CNN News</em>, 94 million Americans are not participating in this country&rsquo;s labor force. Whether these individuals are making money by ;begging on the street, by taking advantage of the welfare system, or by some ;other means ;&#8211; this number ;puts the labor participation rate at a 38-year low. ;</p>
<p>CNN reported that a record 94 million Americans are not currently participating in the labor force; that&rsquo;s 261,000 more than the previous month. August marked the third month in a row that the labor force participation rate has been stuck at 62.6% and according to the Labor Department this number puts us at a 38-year low. ;</p>
<p>Last month the civilian non-institutional population &ndash; in other words, people 16 or older who are not in an institution or the military &ndash; rose to 251 million. Of that number, only 157 million participated in this country&rsquo;s labor force (this includes those looking for a job).  ;</p>
<p>The unemployment rate recently dropped to the ;lowest percentage since April 2008.<em> Zero Hedge</em> explains why: &#8220;because ;261,000 Americans dropped out of the labor force, as a result pushing the total number of US potential workers who are not in the labor force to a record 94 million, an increase of 1.8 million in the past year, and a whopping 14.9 million since the start of the second great depression in December 2007 while only 4 million new jobs have been created.&rdquo;</p>
<p>As America heads into Labor Day weekend, many will see the numbers and believe the unemployment rate to be improving. But it&rsquo;s not because people are getting jobs. ;As fewer workers choose to enter this country&rsquo;s workforce and the baby-boomer generation retires, the number of adults seeking a job diminishes. In other words, the unemployment seems to improve as the number of Americans who choose not to be a part of the labor force grows. ;</p>
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