This website requires the use of Javascript to function correctly. Performance and usage will suffer if it remains disabled.
Nearly One-third of the U.S. Jobless

Real Truth logo

World News Desk

Nearly One-third of the U.S. Jobless

Learn the why behind the headlines.

Subscribe to the Real Truth for FREE news and analysis.

Subscribe Now

Jobless Americans hit a record 92,269,000 in August 2014, according to the United States Bureau of Labor Statistics. The number, consisting of those 16 years and older, signifies a labor force participation rate of 62.8 percent—a 36-year low.

“Of the 155,959,000 who did participate in the labor force, 146,368,000 had a job and 9,591,000 did not have a job but actively sought one,” CNS News reported. “The 9,591,000 are the unemployed. They equaled 6.1 percent of the labor force—or an unemployment rate of 6.1 percent (which was down slightly from the 6.2 percent unemployment rate in July).”

The news affected the stock market, causing a devaluation of the U.S. dollar that was mitigated by news of a ceasefire deal between Ukraine and pro-Russian separatists.

“The dollar fell…after data showed US employers added the fewest jobs in eight months, eroding some confidence in the domestic economy and reviving bets that the Federal Reserve might leave interest rates near zero for longer than anticipated.”

The data also revealed that the number of foreign-born individuals with jobs in the United States hit an all-time high of 24,639,000. 

FREE Email Subscription (sent weekly)

Contact Information This information is required.

Comments or Questions? – Receive a Personal Response! Field below is optional.


Your privacy is important to us. The email address above will be used for correspondence and free offers from The Restored Church of God. We will not sell, rent or give your personal information to any outside company or organization.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Latest News

View All Articles View All World News Desk