The U.S. Labor Force Participation Rate Is At A 35 Year LowMichael Snyder Since the start of the last recession, the labor force participation rate has not stopped falling and it is now at a 35-year low. In September,11,255,000 Americans were considered to be unemployed, and an astounding 90,609,000 Americans were considered to be not in the labor force. The number of Americans not in the labor force has increased by more than 10 million since Barack Obama entered the White House. When you add the number of unemployed Americans to the number of Americans not in the labor force, you come up with a grand total of more than 101 million working age Americans that do not have a job. The Obama administration and the mainstream media continue to insist that we are in the midst of an economic recovery, but that is a total joke. Does the chart posted below look like a recovery to you? Below I have posted a chart of the inactivity rate of U.S. men in the 25 to 54-year-old age group. As you can see, the percentage of men in their prime working years that are not employed and not considered to be unemployed either has been rising steadily Some people may be tempted to think that all of this is happening because more Americans are choosing to stay home and raise children. But that is not the case at all. In fact, in a previous article I showed that the marriage rate in the U.S. is at an all-time low and the birth rate for young women in this country is also at an all-time low. People are not staying home because of family obligations. Rather, people are staying home because there arent enough jobs available. And when Americans that are actually employed do lose their jobs, it is taking them a very, very long time to find another one. Just check out the following chart Obama can say the word recovery as much as he would like, but that does not make it a reality. So is anyone out there actually doing well? Yes, as I have talked about frequently, some pockets of the country are doing quite nicely. In fact, government workers (think Washington D.C.) and finance workers (Wall Street, etc.) are tied for the lowest rates of unemployment in the nation (3.9 percent). But for almost everyone else, things are very hard right now and poverty continues to grow. Just today, I came across a recent study that discovered that nearly half of all public students in the United States come from low income homes. That is an incredible number. But this is just the beginning of our problems. Our debt continues to grow by leaps and bounds and our big banks are engaging in extraordinarily reckless behavior. AsRichard Russell recently discussed, it is only a matter of time before this entire house of cards comes tumbling down So as bad as things are today, the truth is that they are far, far better than what is eventually coming. Greeks are on average almost 40 percent poorer than they were in 2008, data indicated, laying bare the impact of a brutal recession and austerity measures the government may be forced to extend into next year. Gross disposable incomes fell 29.5 percent between the second quarters of 2008 and 2013, statistics service ELSTAT said on Tuesday. Adding in cumulative consumer price inflation over the same period takes the decline close to 40 percent. As you can see from the charts posted above, our economy has never even come close to getting back to the level that we were at before the last financial crisis. And now the next wave of the economic collapse is approaching. Right now, Spain has an unemployment rate that is above 26 percent and Greece has an unemployment rate that is above 27 percent. We will eventually be heading up toward those levels. As millions of good paying jobs continue to be shipped overseas, and as technology continues to eliminate millions of our jobs, the unemployment situation in this country will continue to grow even worse. And whenever the next great financial crisis inevitably strikes, that will greatly accelerate our employment problems. If you can move toward becoming more independent of the system, now would be a good time to do so. The job that you have today may not be there next month or next year. We are moving into the greatest period of economic instability in U.S. history. Get ready for it while you still can. This article first appeared here at the Economic Collapse Blog. Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here. 