Obama Propaganda Minister Jay Carney: People Leaving The Workforce In Droves An “Econ

[Stephanie]

I’m sure in his feeble mind this makes sense.

(NewsOK) — White House Press Secretary Jay Carney explained that the number of people dropping out of the work force, which artificially depresses the unemployment rate, can be regarded as an “economic positive.”

“A lot of that is due to younger people getting more of an education, which is an economic positive,” Carney said. He had been asked what would happen when people “inevitably” raise the unemployment rating with their return to the work force.

He also noted that “an aging population” going into retirement has contributed to the number of people dropping out of the work force.

Carney suggested that the focus on the number of people dropping out of the work force is politically motivated.


from with comments.
Weasel Zippers » Blog Archive » Obama Propaganda Minister Jay Carney: People Leaving The Workforce In Droves An “Economic Positive’”…

 

[Dont Taz Me Bro]

 

[LordBrownTrout]

Red is green. Blue is yellow. Red is green. Blue is yellow.

 

[Conservative]

Red is green. Blue is yellow. Red is green. Blue is yellow.

 

[Conservative]

most libtards like Carney are guilty of bellyfeel.

 

[Valox]

Speaking from a general trend, he is correct about the male labor force participation rate. It has been trending downwards since the 1950's since younger males are staying in school longer and older men are retiring earlier.

However, I am skeptical that this fully explains the precipitous fall since the recession.

 

[edthecynic]

I’m sure in his feeble mind this makes sense.

(NewsOK) — White House Press Secretary Jay Carney explained that the number of people dropping out of the work force, which artificially depresses the unemployment rate, can be regarded as an “economic positive.”

“A lot of that is due to younger people getting more of an education, which is an economic positive,” Carney said. He had been asked what would happen when people “inevitably” raise the unemployment rating with their return to the work force.

He also noted that “an aging population” going into retirement has contributed to the number of people dropping out of the work force.

Carney suggested that the focus on the number of people dropping out of the work force is politically motivated.


from with comments.
Weasel Zippers » Blog Archive » Obama Propaganda Minister Jay Carney: People Leaving The Workforce In Droves An “Economic Positive’”…

Gee, in spite of all the people "dropping out" of the workforce, the labor force GREW by 500,000 people in January!!!

 

[Conservative]

Gee, in spite of all the people "dropping out" of the workforce, the labor force GREW by 500,000 people in January!!!

nice of you to avoid a link.

here.

Employment Situation Summary
Check out table C near the bottom...
December 2011-January 2012 changes in selected labor force measures, with adjustments for population control effects.
Civilian labor force change was plus 250,000, and NOT 500,000. A good sign, but not as good as you claimed.

 

[edthecynic]

Gee, in spite of all the people "dropping out" of the workforce, the labor force GREW by 500,000 people in January!!!

nice of you to avoid a link.

here.

Employment Situation Summary
Check out table C near the bottom...
December 2011-January 2012 changes in selected labor force measures, with adjustments for population control effects.
Civilian labor force change was plus 250,000, and NOT 500,000. A good sign, but not as good as you claimed.

This BLS chart shows a 500,000 growth in the labor force from 153,887,000 to 154,395,000

Table A-1. Employment status of the civilian population by sex and age

 

[CrusaderFrank]

Unemployment stimulates the economy, Dears