We're back at full employment!!!! (death, Clinton, financial, retirement)

[JustMike77]

Originally Posted by stburr91

Well,

Median wages are down.

Median income is down.

Median net worth is down.

Private debt is up.

Public debt is up.

There is record numbers of people receiving government assistance.

You forgot to add..........wait for it.........THANKS OBAMA!

[chucksnee]

Originally Posted by le roi

Full Employment Definition | Investopedia

i guess the vast majority of economists in the 20th century, including milton friedman, are "liberals."

by which definition a "non liberal" could be defined as "one who knows nothing about economics."

Bureau of Labor Statistics Data


62.6 LPR.....yea it's great...

[Speleothem]

Originally Posted by odanny

We've come a long way, thank you Democrats!

Yeah, thanks.

[epliny]

Originally Posted by chucksnee

Bureau of Labor Statistics Data


62.6 LPR.....yea it's great...

All you need to know!

Labor Force Statistics from the Current Population Survey

[Stymie13]

Originally Posted by epliny

All you need to know!

Labor Force Statistics from the Current Population Survey

Not disputing you but both sides are just as guilty, politically. Laidsez-faire means stay out. Neither party does.

From game of thrones: words are wind.

[RMESMH]

Originally Posted by odanny

We've come a long way, thank you Democrats!

The national debt is conveniently left off that snapshot.

In addition, all of CD could debate until the cows come home how much influence the POTUS or Congress...no matter which party controls either....has on the metrics in the snapshot you posted.

[knowledgeiskey]

Originally Posted by epliny

All you need to know!

Labor Force Statistics from the Current Population Survey

This is due to Baby Boomers retiring.

[dsjj251]

Originally Posted by knowledgeiskey

4.7% unemployment. Payrolls rise to 38,000. Thanks, Obama!!!

Payroll = jobs filled, not positions created.


For example. Grocery store has 6 open positions in May, they fill 5 of them. that 6th job was only created in May as the grocery store has decided to do home deliveries too.


Only the new delivery job is counted in the 38,000 number, not the 5 other positions filled.

[chucksnee]

Originally Posted by knowledgeiskey

This is due to Baby Boomers retiring.

Everything, there is no other reason except the baby boomers....

[dsjj251]

Originally Posted by chucksnee

Everything, there is no other reason except the baby boomers....

Other reasons, sure, but they make up a large chunk of those who are leaving. in about 6 years, the rate is going to be about 2/1 when it comes to them dropping out and millennials joining.

the participation rate is going to bottom out at around 54% in 2022