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Labor Force Participation Rate continues Rebound from depths of Obama's crappy economy

24

Comments

  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,168
    There's a lot to like about steadily low unemployment.

    But the labor participation rate was and continues to be an issue. It moved from 62.8% in January 2017 to last month's 63.4%. That's some 7-6 bullshit you're creaming your pants over.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    We just need more tim

    You have no idea of the damage that Obama did

    Growth numbers should be up this year. We haven't completed a quarter yet. The unemployment being low should raise labor participation. All true

    Maybe this fabled coming together I keep hearing about could help. So far its been EOs

    That's why it matters that the democrats have gone so far left as to be useless in any economics.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,791 Standard Supporter
    SFGbob said:

    SFGbob said:

    SFGbob said:




    A steep steady decline in the Labor Participation rate all through the Obama years as the Food Stamp President continued to reward people for not working.
    H loved the boomer retirement excuse

    That line looks like its finally going back up
    I guess Boomers are no longer retiring.
    It’s because stagnant wages FORCED them to stay in the workforce. Fucking Trump.
    I hear they have to take at least two jobs to make it.



    Slackers.
  • WestlinnDuck
    WestlinnDuck Member Posts: 18,012 Standard Supporter
    edited February 2020
    Toss in the million plus of legal chain migration from third world countries with no English or job skills plus the usual slew of illegal alien electrical engineers from Central America and that has no impact on the labor participation rate?Trump has a big ship finally turned the right way. Too bad the away team and the dems want to reverse course.


  • HHusky
    HHusky Member Posts: 24,527

    SFGbob said:




    A steep steady decline in the Labor Participation rate all through the Obama years as the Food Stamp President continued to reward people for not working.
    H loved the boomer retirement excuse

    That line looks like its finally going back up
    I guess Bill Clinton must have been the greatest President evah!


    Meanwhile, back in the rational world:

    “In 2019, the last of the baby boomers will reach age 55 and transition into age groups with much lower labor force participation rates. Due in large part to an aging population, the labor force participation rate for all workers (age 16 and over) is projected to decline to 61.0 percent in 2026.”(emphasis added)

    -Bureau of Labor Statistics
  • WestlinnDuck
    WestlinnDuck Member Posts: 18,012 Standard Supporter
    Bring back Newt.
  • HHusky
    HHusky Member Posts: 24,527

    Bring back Newt.

    Daddy doesn’t like shrimps.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    HHusky said:

    SFGbob said:




    A steep steady decline in the Labor Participation rate all through the Obama years as the Food Stamp President continued to reward people for not working.
    H loved the boomer retirement excuse

    That line looks like its finally going back up
    I guess Bill Clinton must have been the greatest President evah!


    Meanwhile, back in the rational world:

    “In 2019, the last of the baby boomers will reach age 55 and transition into age groups with much lower labor force participation rates. Due in large part to an aging population, the labor force participation rate for all workers (age 16 and over) is projected to decline to 61.0 percent in 2026.”(emphasis added)

    -Bureau of Labor Statistics
    The Clinton era was good. He focused on the economy, stupid. He worked with Congress and the good times rolled

    I go for results. I voted for him twice
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    Democrats opposed the tax cuts and want to get rid of them. Allegedly. They want to reimpose massive regulation. They want to take over large swaths of the economy and jack spending even more than the current spender in chief

    So Trump. Rather easily

  • HHusky
    HHusky Member Posts: 24,527

    HHusky said:

    SFGbob said:




    A steep steady decline in the Labor Participation rate all through the Obama years as the Food Stamp President continued to reward people for not working.
    H loved the boomer retirement excuse

    That line looks like its finally going back up
    I guess Bill Clinton must have been the greatest President evah!


    Meanwhile, back in the rational world:

    “In 2019, the last of the baby boomers will reach age 55 and transition into age groups with much lower labor force participation rates. Due in large part to an aging population, the labor force participation rate for all workers (age 16 and over) is projected to decline to 61.0 percent in 2026.”(emphasis added)

    -Bureau of Labor Statistics
    The Clinton era was good. He focused on the economy, stupid. He worked with Congress and the good times rolled

    I go for results. I voted for him twice
    You can’t be right. Income taxes went up from the very start of his presidency. Communism!