So therefore, under Obama, the labor participation force is the lowest it's been in the last 40 years. Meaning the number of people who have lost their jobs and stopped looking is also the highest in 40 years. Therefore the recent "unemployment numbers" are meaningless.Well, none of it is people under 16. The survey only includes age 15 and older and only 16 and older data are published. But not in the labor force includes 24,147,000 disabled, 26,108,000 age 65+ who are not disabled, and 14,998,000 students age 16-24.Yup, the record 95 million out of work is all because of record retired, handicapped, or people under 16.many handicapped are employed, students and moms have part time jobs. I had a part time job at 14, have you ever had a job?
And those that aren't are out of the workforce
No reason for you to force them back in
Liberal logic.
So that's 65,243,000 just from those three. There are younger retired, older students, stay home spouses, independently wealthy, and others who don't want or don't need a job, or can't work. There are less than half a million who have "given up."
Sources: Table A-6. Employment status of the civilian population by sex, age, and disability status, not seasonally adjusted
A-16. Employment status of the civilian noninstitutional population 16 to 24 years of age by school enrollment, age, sex, race, Hispanic or Latino ethnicity, and educational attainment
U6 first and foremost answers the question - HOW TOUGH IT IS TO FIND A JOB?
It is relatively easy to find a job nowadays and there are record number of job openings
Income has jumped back up as well:
All of these are consistent signs of solid job market for Americans.
Conservatives are down to their last straw grasping with LFPR that was well predicted to fall through 2030 based on demographics 20 years ago, well before anyone has heard of Obama and Great Recession.
Yep, college grads can easily find part time jobs waiting tables. What great results Obama has brought.