"In light of the strike on Verizon (NYSE:VZ), a relatively weak report of 170,000 jobs was expected; however, the report delivered far below expectations with just 38,000 jobs created. The new data, detailing the worst jobs' numbers in nearly six years, is also accompanied with downward revisions of earlier numbers. The BLS revisions of employment figures for March and April puts the economy with 59,000 less jobs than previously reported. The labor-force participation rate also decreased as 660,000 more workers left the labor force. The current participation rate of 62.6% is nearly the lowest the US has seen in the last four decades." http://seekingalpha.com/article/3980642-may-jobs-report-shockingly-bad That makes it a grand total of 94,708,000 Americans no longer in the labor force. The lowest in four decades! "A record 94,708,000 Americans were not in the labor force in May — 664,000 more than in April — and the labor-force participation rate dropped two-tenths of a point to 62.6 percent, near its 38-year low, the Labor Department’s Bureau of Labor Statistics reported on Friday." http://endtimeheadlines.org/2016/06/record-94708000-americans-not-in-labor-force/ However, who cares?! After all, our fearless, never tell a lie, leader of the free world tells us we are better off now than ever before. So, just like the naked emperor, l not point out that he may, in fact, be naked!