America's labor force hasn’t grown since ’08

Discussion in 'Politics' started by get_involved, Feb 12, 2011.

  1. get_involved
    Offline

    get_involved Gold Member

    Joined:
    Jul 16, 2009
    Messages:
    2,036
    Thanks Received:
    423
    Trophy Points:
    130
    Ratings:
    +565
  2. RetiredGySgt
    Offline

    RetiredGySgt Platinum Member

    Joined:
    May 6, 2007
    Messages:
    39,509
    Thanks Received:
    5,897
    Trophy Points:
    1,140
    Location:
    North Carolina
    Ratings:
    +8,920
  3. JFK_USA
    Offline

    JFK_USA Gold Member

    Joined:
    Aug 31, 2009
    Messages:
    2,606
    Thanks Received:
    412
    Trophy Points:
    130
    Ratings:
    +725
    This is not a shock. The money is stuck up literally with the rich. They need to invest and start to hire or this economy won't get going. They know what they need to pay in taxes now so no more confusion now start hiring.
     
    • Thank You! Thank You! x 1
  4. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    .....And, nobody saw it coming.....everything was FINE....until some Black-dude became President, right????

    [​IMG]

     
    Last edited: Feb 12, 2011
  5. Defiant1
    Offline

    Defiant1 Gold Member

    Joined:
    Mar 23, 2010
    Messages:
    3,209
    Thanks Received:
    492
    Trophy Points:
    140
    Ratings:
    +981
    How long where the tax cuts extended for?

    Not long enough for companies to reverse the cuts they have already made only to have to do it all over again in a couple of years.
     
  6. Mr. Shaman
    Offline

    Mr. Shaman Senior Member

    Joined:
    May 4, 2010
    Messages:
    23,892
    Thanks Received:
    817
    Trophy Points:
    48
    Ratings:
    +819
    Riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiight........

    [​IMG]

    *

     
    Last edited by a moderator: Aug 18, 2014
  7. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    The best kept secret of this whole Egypt movement is that it was started by the countrys labor movement.
     
  8. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729
    America's labor force hasn't grown since 2001 - nevermind 2008.
     
  9. shintao
    Offline

    shintao Take Down ~ Tap Out

    Joined:
    Aug 27, 2010
    Messages:
    7,231
    Thanks Received:
    320
    Trophy Points:
    83
    Ratings:
    +339
  10. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,758
    Thanks Received:
    12,761
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,700
    Well duh. Work force participation is at its lowest level in over a quarter decade:

    At 64.2%, the labor force participation rate (as a percentage of the total civilian noninstitutional population) is now at a fresh 26 year low, the lowest since March 1984, and is the only reason why the unemployment rate dropped to 9% (labor force declined from 153,690 to 153,186). Those not in the Labor Force has increased from 83.9 million to 86.2 million, or 2.2 million in one year! As for the numerator in the fraction, the number of unemployed, it has plunged from 15 million to 13.9 million in two months! The only reason for this is due to the increasing disenchantment of those who completely fall off the BLS rolls and no longer even try to look for a job. Lastly, we won't even show what the labor force is as a percentage of total population. It is a vertical plunge....

    Labor Force Participation Plunges To Fresh 26 Year Low | zero hedge


    People give up when the economy is throttled down to the point where it cannot create jobs. That's the true legacy of Obamanomics.
     

Share This Page