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yes, a real measure in that it counts kids (16-18 and those in college ) and retired seniors, and somehow if they aren't working it means the economy sucks?
It is a real partisan measure for those who insist on finding something to complain about. It is becoming a bit of a 'last straw'.
It's been a solid year for job growth. It's a shame oil crashed this year and dragged down growth, otherwise I bet obama could have grabbed another 3+ million job creation year to his record.
Still, I was hoping for more decline in U6 unemployment. That number has been stagnant for four months. Considering the stellar job growth over that time this can only be testimony to how many discouraged workers there still is out there and their re-entry into the labor market is stagnating the unemployment rate decline.
Move to another State is you don't like it. I think out cap was below 1% in 2015.
It might come down to that.
At the moment, I'm doing my best to support politicians that are trying to change this ridiculous system. Changes are occurring thanks to more and more fiscal conservatives in state office, but it's moving slowly due to all of the opposition from the people and politicians that are making money and increasing power under the current system.
Texas seems to be one of the few places where local fiscal conservatives are making good changes. I prefer to hang around and support them for the moment and try to improve this state.
In the face of global fears, the U.S. economy is still gaining speed.
American employers added 292,000 jobs in December. Economists surveyed by CNNMoney predicted 211,000 jobs would be added.
For all of 2015, the economy added 2.65 million jobs, the second best year of jobs gains since 1999
The unemployment rate stayed at 5% for the third straight month. That's near what most economists consider "full employment." Unemployment is down by half from its peak of 10
Wages grew 2.5%
and with record high numbers of people not participating, and over 2 million currently chronic unemployed, we could stand to add a million more, to help pay off this $18+ trillion in debt.
No it isn't. Nobody ever referenced the LFPR until the unemployment rate started to come down.
Sorry, but that is the most important number.
If you have a hospital with 100 patients and 90 of them died, you wouldn't boast, "We've gone from 100 people needing care in the hospital down to 10 needing care. We've done a great job."
If you have a hospital with 100 patients and 90 of them died, you wouldn't boast, "We've gone from 100 people needing care in the hospital down to 10 needing care. We've done a great job."
But if you had 100 and 50 of them were cured and went home .....
You see, boomers retiring is not like patients dying. It's like patients being cured. They no longer need 'care' because the system worked and they have no economic necessity for employment any longer.
and with record high numbers of people not participating
We also have record high numbers of people participating. Imagine that, as population increases then both numbers go up!
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