Yesterday the Labor Department reported that 368,000 people dropped out of the labor force in August while U.S. employers added only 96,000 jobs.
It was the 43rd straight month that the unemployment rate was 8.0 percent or higher.
The civilian labor force participation rate is now at its lowest level since September 1981. (AEIdeas)
Senate Majority Leader Harry Reid (D-Nev.) said it was Republicans’ fault the August jobs report wasnâ??t better.
â??While our recovery is still moving too slowly for many Americans, job growth would likely have been even stronger if Republicans had not blocked Democratic efforts to hire more teachers, firefighters and police officers,â? Reid said in a statement Friday.
The Bureau for Labor Statistics reported that the economy added 96,000 jobs in August and unemployment fell to 8.1 percent, but Reid said quicker economic recovery is needed.
â??The best way to speed up our recovery is for Republicans to stop their knee-jerk obstruction of every effort Democrats put forward and start working across the aisle to find common ground,â? Reid said.