Things just keep getting worse for the American worker, and by implication U.S. economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work.

The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% — the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the U.S. unemployment rate is “improving.”

Read the full story here.

There is plenty of other bad news from the last couple of days about the Obamaconomy. Read more here and here.