LOL
Now you’re comparing the labor force participation rate which is driven by demographics? That’s almost as rightarded as you’re idiotic claim that anything less than 300,000 jobs gained in a month is “sub par job growth.”
Reagan’s labor force was boosted by the womens’ lib movement. Obama’s was dinged by aging baby boomers. Neither president had anything to do with those factors. And Obama’s Recession was much deeper than Reagan’s and the economy wasn’t structurally broken in the 80’s like it was when Bush left office.
I can nail you on the demographics myth as well. The declines are in the younger, not the older cohorts, bub.
View attachment 181555
Civilian labor force participation rate by age, sex, race, and ethnicity
In the 9 years leading up to 2008, the number of retirees was 4,014,563..
In the 9 years since, the number of retirees was 9,708,028.
On average, that an additional 5,693,465 people retiring since baby boomers began turning 62.
Factoring in the 1.2% average annual population growth over that 18 year period leaves us with
5,625,143 additional retirees.
When Obama left office, there were 254,082,000 in the civilian population and 94,364,000 not in the labor force; giving us a labor force participation rate of
62.9% for January, 2016.
But if we didn't have baby boomers retiring at an increase of 140%, there would have been roughly 88,739,000 people not in the labor force; giving us a labor force participation rate of
65.1%.
The LFPR was 65.7% when Obama became president -- meaning some 80% of the drop in the labor force participation rate was attributable to the increase of baby boomers retiring.