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

Discussion in 'Politics' started by Stephanie, Feb 6, 2012.

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    :eusa_whistle:




    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.”

    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’”…
     
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  2. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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  3. LordBrownTrout
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    LordBrownTrout Gold Member

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    Red is green. Blue is yellow. Red is green. Blue is yellow.
     
  4. Conservative
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  5. Conservative
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    Conservative Type 40

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    most libtards like Carney are guilty of bellyfeel.
     
  6. Valox
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    Valox Senior Member

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    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.
     
  7. edthecynic
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    edthecynic Censored for Cynicism

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    Gee, in spite of all the people "dropping out" of the workforce, the labor force GREW by 500,000 people in January!!!
     
  8. Conservative
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    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.
     
  9. edthecynic
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    edthecynic Censored for Cynicism

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    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
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Unemployment stimulates the economy, Dears
     
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