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Would would you think they are included in this number?
Because 250 million civilian Americans are 16 years and older and roughly 63% are part of the labor force (157 million). The remaining 93 million Americans who are 16 years and older are not employed or looking for work, the vast majority are students and the elderly.
More people are employed today (almost 149 million) than ever in US history.
None of this disproves his post. Baby boomer retirements have had a profound effect on the LFPR, how could they not? Their demographic is over 50% larger than the Silent Generation.
You can't read/won't accept the truth.
There is a problem with youth employment, underemployment, wage stagnation, and male employment in general. You can't understand that because you won't. Go right ahead and stick your head back in the sand. Just don't expect those of us who actually pay attention to get wound up by an idiotic thread.
Another fine quote for those of yhou who just don't like to be informed:
This is partially explained by baby boomers retiring — at the pace of nearly 10,000 a day. But the largest reduction in the workforce has been among those under the age of 29. Today the labor force participation rate for the 16-24 age group is 55.1%, down from 60.8% a decade ago and from more than 66% back in the late 1990s.
Last edited by cachibatches; 07-03-2015 at 05:37 PM..
Making college education tuition free and stop gutting the public k-12 education system would be great for youth employment.
Making comprehensive health care a right for all Americans and not dependent on employment to give American workers more bargaining power and re-negotiate the disastrous "free trade" agreements would do wonders for wage stagnation and male employment.
Making child care affordable for everyone and giving workers paid family leave when having a baby would also improve female labor force participation rates.
Bernie Sanders proposes all of these things, and it can be done. America is the wealthiest country in the world, and the middle class deserve to feel that as well, not just the billionaire class.
More people are employed today (almost 149 million) than ever in US history.
Likewise there are more people not working than ever before in US history.
Quote:
Originally Posted by PCALMike
Because 250 million civilian Americans are 16 years and older and roughly 63% are part of the labor force (157 million). The remaining 93 million Americans who are 16 years and older are not employed or looking for work, the vast majority are students and the elderly.
OK, we use your numbers.
You state that the workforce is 157 million. And there are 121 million considered employed. (real number) Thus, 36 million officially unemployed. Simple math.
36 million unemployed = 23%. Unemployment.
Like I said, the economy has tanked under Obama. Your own analysis proves this.
Like I said, the economy has tanked under Obama. .
Generally "tanking" means that the economy has gone downhill from some earlier point in time. If you are attempting to use 2009 as that point then you simply are dishonest or delusional.............or both.
Almost 149 million people are employed today, more than ever. Not 121 million. 149 million employed, 8 million unemployed.
The BLS calculates 121 million employed. It's right there in their tables. Then they "seasonally adjust" it up to 149 million only because they can.
If you wish to believe that 28 million people actually got a job because the season, I suppose that is your concern. I've got no argument with what people wish to believe. But you have a very hard sell if you think anyone else beyond diehard Obama supporters will believe this, then you have some selling to do.
Obama's economy is running at 23% unemployment. The very numbers you posted prove this. Furthermore my numbers are confirmed by shadow stats. I posted them earlier. And by anyone's definition this is a disaster.
95,000,000 million of Americans out of work is a fact. It's not propaganda unless you are stating that this number is wrong. If so, then we can discuss that.
I doubt that you could discuss it as you don't seem to know what it is, where it comes from, or what it actually represents.
Quote:
Originally Posted by WaldoKitty
In regards to the LFPR, you realize that it's no longer calculated as it was in those days. In fact, it's not even calculated the same way that it was when Obama took office. They have redefined it to make it look better.
Rubbish.
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