Labor Force Participation Rate at Record Lows, Worst Job Creation in Years

[edthecynic]

The liberal media will pretend this jobs report was good by saying the unemployment rate went down to 6.7%. But in reality, this jobs report was just awful. Fewer Americans are even looking for work, and December is traditionally considered one of the best months for job growth.
Horrible News for Unemployed Americans: December Was a Bummer for Jobs Growth
Stunning: 92 Million Americans Not Working - The Rush Limbaugh Show

Americans just aren't working. The Democrats aren't helping Americans keep their jobs, and it's time they lose theirs. 2014 is coming, baby!

Anyone who considers your MessiahRushie a credible source is a fool. In your link he says Bush's 80 million not in labor force was "full employment."
Of course the pathological liar left out the part where Bush left office with 80 million not in the labor force.

 

[Meathead]

Why work? The Great Leader will provide!

 

[edthecynic]

The Libs explain that 90+ million people are out of the work force because they retired.
Are you kidding me! 90+ million...How convenient for Obama.

Obama and the Libs throw out a lot of BS because they know there are people who are dumb enough to
believe it.

Oh the irony!!!

Of course the Libs said no such thing, so it is YOU throwing the BS.

Your MessiahRushie said we had full employment under the Bush Regime and Bush left office with 80 million out of the workforce. During Obama's 5 years 15 million people have turned 65 and 82% of the workers retire by age 65. Do the math!

 

[Geaux4it]

Why work? The Great Leader will provide!

Indeed. Obama for the last 6 years has been encouraging Americans to quit pulling the cart and instead climb in it. Easy to see how that one is going.

Its fashionable today to be a taker and not a maker

-Geaux

 

[edthecynic]

Why work? The Great Leader will provide!

Indeed. Obama for the last 6 years has been encouraging Americans to quit pulling the cart and instead climb in it. Easy to see how that one is going.

Its fashionable today to be a taker and not a maker

-Geaux

How dare those Boomers retire and take from the SS trust fund they paid into for 50+ years!

 

[Meathead]

Why work? The Great Leader will provide!

Indeed. Obama for the last 6 years has been encouraging Americans to quit pulling the cart and instead climb in it. Easy to see how that one is going.

Its fashionable today to be a taker and not a maker

-Geaux

How dare those Boomers retire and take from the SS trust fund they paid into for 50+ years!

Those are not parasites. The Great Leader provides for all.

 

[Geaux4it]

Indeed. Obama for the last 6 years has been encouraging Americans to quit pulling the cart and instead climb in it. Easy to see how that one is going.

Its fashionable today to be a taker and not a maker

-Geaux

How dare those Boomers retire and take from the SS trust fund they paid into for 50+ years!

Those are not parasites. The Great Leader provides for all.

That’s rich: Poverty level under Obama breaks 50-year record

Fifty years after President Johnson started a $20 trillion taxpayer-funded war on poverty, the overall percentage of impoverished people in the U.S. has declined only slightly and the poor have lost ground under President Obama.
Aides said Mr. Obama doesn’t plan to commemorate the anniversary Wednesday of Johnson’s speech in 1964, which gave rise to Medicaid, Head Start and a broad range of other federal anti-poverty programs.

The president’s only public event Tuesday was a plea for Congress to approve extended benefits for the long-term unemployed, another reminder of the persistent economic troubles during Mr. Obama’s five years in office.

“What I think the American people are really looking for in 2014 is just a little bit of stability,” Mr. Obama said.

Although the president often rails against income inequality in America, his policies have had little impact overall on poverty. A record 47 million Americans receive food stamps, about 13 million more than when he took office.
The poverty rate has stood at 15 percent for three consecutive years, the first time that has happened since the mid-1960s.

The poverty rate in 1965 was 17.3 percent; it was 12.5 percent in 2007, before the Great Recession.
About 50 million Americans live below the poverty line, which the federal government defined in 2012 as an annual income of $23,492 for a family of four.

President Obama’s anti-poverty efforts “are basically to give more people more free stuff,” said Robert Rector, a specialist on welfare and poverty at the conservative Heritage Foundation.


Read more: Poverty level under Obama breaks 50-year record - Washington Times
Follow us: [MENTION=39892]Was[/MENTION]htimes on Twitter

 

[Stephanie]

Obamacare has been an anchor on the economy since 2009.

We know where Obama's priorities were and they weren't with jobs or housing or immigration or infrastructure. Or even with making intelligent healthcare reform.

Yep. for his first two years it was all ObamaCare and stealing almost a trillion dollars from us taxpayers that did nothing

 

[editec]

"the USA ECONOMY" is a everything that happens.

PARTS of the economy look more healthy than they have been.

Other parts of the economy (like employment) clearly are NOT healthy.

Now is there any person here who do not ALREADY KNOW THIS?

So why keep talking past each other?

CITIZENS, if we are going to fix our nation we have to stop trying to win the argument, and start finding the TRUTH

 

[SteadyMercury]

The liberal media will pretend this jobs report was good

No, the partisan hack will manufacture a reality so he has something to complain about. When I search for related news I get:

CNN - 2013 ends with weakest job growth in years
ABC - Surprisingly Weak Jobs Report Puzzles Economists
USA Today - Big miss: December job gains just 74000
LA Times - How not to sugarcoat a bad employment report
MSNBC - Jobs report paints grim picture
Economist - Both better, and worse, than it looks
Washington Post - Why was this jobs report so bad? Blame health care, accountants ...

So is this the liberal media pretending this jobs report was good?

 

[blackhawk]

Basically, the retiring Baby Boom generation has negatively effected the Labor Force Participation Rate. In 2005 the BLS correctly predicted this phenomenon by using the number of Baby Boomers and then applying simple math.

----------------------------------------------------------------------------
"The baby boomers’ exit from the prime-aged workforce
and their movement into older age groups
will lower the overall labor force participation rate,
leading to a slowdown in the growth of the labor force"Participation Rate.
http://www.bls.gov/opub/mlr/2005/11/art3full.pdf
---------------------------------------------------------------------------

Perhaps so but that hardly counts for all of it if your needing to extend unemployment benefits beyond 99 weeks for the long term unemployed then this is more than just retiring baby boomers.

When the BLS did their projections in 2005 they didn't project the Great Recession, they used constant numbers. They did see that the Baby Boomers by their massive numbers where going to seriously effect the participation rate by retiring.
Regarding those needing more than 99 weeks, I will cut them some slack and not demonize the entire group as there are currently three applicants for every job opening per BLS. That's a huge improvement from when it was 8 to 1. But in December 2000, the ratio was 1 to 1 and the unemployment rate was 4%. I just wanted to shoot those numbers out to show that there still isn't enough jobs. Profits have been great but companies aren't hiring enough people to fill the gap and of course offshoring jobs is still humming along. Our politicians from both sides of the aisle have done very little to improve the job situation. An honest person realizes that fingers can be pointed in several directions.

Oh there's plenty of blame to go around what everyone needs to understand is when comes to creating jobs the government is limited in what it can actually do it was not set up to create jobs that was never it's purpose.