Thursday, September 27, 2012

Workers give up in Los Angeles

The Leftists just don't get it.  This won't quit until there is utter devastation left.  This is the legacy of Statism.
When surveyed by the government, fewer L.A. residents say they're unemployed compared to a year ago. But it's not because they're finding jobs. It's because they're dropping out of the labor force altogether.

Just over 100,000 of workers have left the Los Angeles labor force since the beginning of the year, according to seasonally adjusted data from the California Employment Development Department.

The decline stands in stark contrast to other major metropolitan areas. New York, Chicago, Washington D.C., and San Francisco are all seeing their labor forces grow.


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