Payrolls in U.S. Rose 217,000 in May, Unemployment 6.3% (stats, downturn, dollars)

[dsjj251]

Originally Posted by CravingMountains

LFPR didn't just decline under Obama. It went into a free falling collapse. It only slightly fell during Bush's years.

If Obama didn't have boomers retiring and young people giving up on finding a job our unemployment rate would still be who knows how high.

Labor Force participation at the Height of the Bush Administration was 67.3 (March 2001), When he left office, it was 65.7.


1.6% of the labor force left during the Bush administration, and you are not so naive as to believe a presidents influence stops the day he leaves office, Between Jan and December Labor force participation dropped an entire percentage to 64.6.

You claim to be a a Demcorat( or atleast a Liberal), yet you are blaming President Obama for the effects of a recession that started a year before he took office and peaked during his first year in office.

[DoD Guy]

Originally Posted by RD5050

First time we've added over 200,000 jobs four months in a row since 1999.

Payrolls in U.S. Rose 217,000 in May, Unemployment 6.3% - Bloomberg

How many of those 40 hour a week jobs, with bennies?
Guessing about 1%.
Thanks Ovomit!

[CravingMountains]

Originally Posted by dsjj251

Labor Force participation at the Height of the Bush Administration was 67.3 (March 2001), When he left office, it was 65.7.


1.6% of the labor force left during the Bush administration, and you are not so naive as to believe a presidents influence stops the day he leaves office, Between Jan and December Labor force participation dropped an entire percentage to 64.6.

You claim to be a a Demcorat( or atleast a Liberal), yet you are blaming President Obama for the effects of a recession that started a year before he took office and peaked during his first year in office.

I don't blame Obama for the recession. I do blame him for the worst recovery from a recession that this country has ever experienced. But I also blame obstructionist Tea Party Republicans for it.

[dsjj251]

Originally Posted by Loveshiscountry

You didn't answer all you did was deflect like an obamabot.

Your blind faith has led you to believe the horrific policies Obama has chosen aren't a cause?
Why don't you know their is little difference between this administration and the last except the hand picked winners and losers? Talk about blind.

How did i deflect ?

We are discussing Labor force participation rate. You claimed it was President Obama's fault that it was dropping.

It has been dropping since April of 2000. Where is the deflection ?

[wjtwet]

Originally Posted by dsjj251

Labor Force participation at the Height of the Bush Administration was 67.3 (March 2001), When he left office, it was 65.7.


1.6% of the labor force left during the Bush administration, and you are not so naive as to believe a presidents influence stops the day he leaves office, Between Jan and December Labor force participation dropped an entire percentage to 64.6.

You claim to be a a Demcorat( or atleast a Liberal), yet you are blaming President Obama for the effects of a recession that started a year before he took office and peaked during his first year in office.

When will the economy be obamas ? Is there some point someone liberal will ever take responsibility?

[dsjj251]

Originally Posted by CravingMountains

And you know that now, do you? After I graduated college back in 2011 there were many months that I just gave up looking because throwing out 50 more resumes didn't seem like it would get me anywhere. I prone to believe there were and are currently millions of youngsters just like I was out there.

And are you seriously bragging about our fall in unemployment? This has been the slowest recovery in the history of this nation. And if it wasn't for boomers retiring, the U6 rate wouldn't have declined even half as much as it has.

I graduated College in fall of 2013. I had a job before I even received my diploma. But unlike you im not going to generalize my personal successes of failures to the entirety of my age group.

My information came from the Bureau of Labor which actually tracks school enrollment. I wasnt just throwing out a guess, like you were.

As for the Bold, No I wasnt bragging, I was refuting your distorted claim. Unemployment has been falling since 2010, not staying the same. You were wrong and instead of simply saying so, you are not deflecting and saying that im bragging.

[dsjj251]

Originally Posted by wjtwet

When will the economy be obamas ? Is there some point someone liberal will ever take responsibility?

1. The economy is his responsibility, But are you telling me that you think his policies were all in place and effecting the economy on Jan 20,2009 ?

Did you think everything magically changed on that day to where any harm that had been done to our economy would just stop ????

2. Why are you deflecting from the fact that the person i responded to apparently thought that ?

[CravingMountains]

Originally Posted by dsjj251

I graduated College in fall of 2013. I had a job before I even received my diploma. But unlike you im not going to generalize my personal successes of failures to the entirety of my age group.

My information came from the Bureau of Labor which actually tracks school enrollment. I wasnt just throwing out a guess, like you were.

As for the Bold, No I wasnt bragging, I was refuting your distorted claim. Unemployment has been falling since 2010, not staying the same. You were wrong and instead of simply saying so, you are not deflecting and saying that im bragging.

You should provide proof of such claims then. There was no source to your statement.

And yeah, unemployment has been falling. At the slowest, most pathetic pace our country has ever seen. President Obama's name will be stamped on the worst streak of unemployment this country has experienced ever since unemployment data has been collected.

[dsjj251]

Originally Posted by CravingMountains

I don't blame Obama for the recession. I do blame him for the worst recovery from a recession that this country has ever experienced. But I also blame obstructionist Tea Party Republicans for it.

This is a false equivalency as all recessions are not equal. This recession was worse than anyone in our history. So why wouldnt it be the worst/longest recovery ?

People seem to forget that the reason the recession never gets these distinctions is because it was made up of multiple recessions.

[WilliamSmyth]

Originally Posted by CravingMountains

The real unemployment rate, 12.2% is sky high. Our unemployment rate today is higher than at any time period dating back to the early 80s. And here we are 7 years into this mess and still crawling out of the hole like a snail.

And people, young and old, are falling out of the workforce by the millions. Old people are retiring and young people are just giving up on trying to find a job.

Civilian labor force participation rates by age, sex, race, and ethnicity

http://portalseven.com/employment/unemployment_rate_u6.jsp

What is the trend line of the U6 unemployment. It shows an improving situation. It is now better than it was at the start of 2009 when it was rapidly increasing. Its fine if you what to focus on the U6 number, but you can't compare it against earlier U3 numbers.