Labor Participation Rate Lowest Since 1978 - Yet there are 10 Fold More Working Mom's Now!!!

[EdwardBaiamonte]

NAFTA is and was horrible.

actually Nafta is free trade without which you would starve trying to make your car home and phone all by yourself.

So before NAFTA we were all starving and didn't have a car, home, or phone?

before NAFTA you drove a Ford that rusted in 4 years or Chevy whose engine broke down irreparably in 5 years.

My parents had a Toyota. And they didn't make it themselves. They bought it from a car dealership who imported it from Japan.

yes thank god for free trade that allows us to buy the best in the world!! A few very very slow liberals still oppose the concept of free trade/

 

[pinqy]

And I have no idea where that stay home mom number is coming from. I doubt its accuracy.

Your instincts are dead on! There were 26.5 million stay at home moms in 1980 and there were 10.4 million in 2012.

Where are you getting you numbers?

 

[Dont Taz Me Bro]

NAFTA is and was horrible.

actually Nafta is free trade without which you would starve trying to make your car home and phone all by yourself.

So before NAFTA we were all starving and didn't have a car, home, or phone?

before NAFTA you drove a Ford that rusted in 4 years or Chevy whose engine broke down irreparably in 5 years.

My parents had a Toyota. And they didn't make it themselves. They bought it from a car dealership who imported it from Japan.

yes thank god for free trade that allows us to buy the best in the world!! A few very very slow liberals still oppose the concept of free trade/

You said without it we'd starve trying to make our own car, home, and phone by ourselves. That's a patently false statement.

 

[Derideo_Te]

I am not denying that the Dems played a role.

They played the dominant role.

However their role was that of the duped.

So your party is full of stupid people. I already know this.

The role of dupers was played by the GOP.

Who apparently must be so intelligent and cunning that they were about to convince your party who controlled the federal government to vote for that piece of shit? Is that your premise?

I am more than willing to own up to being duped by the GOP. Are you willing to own being part of the dupers?

I'm willing to hold all politicians accountable for their fuck ups. You apparently are only willing to do so if they have an R next to their name.

So are you denying that St Reagan was the visionary behind NAFTA?

 

[EdwardBaiamonte]

So are you denying that St Reagan was the visionary behind NAFTA?

too stupid!! economists on both sides have supported free trade since the Great Depression when protectionism collapsed the world economy.

 

[rightwinger]

There were 76 million people born between the years 1946 and 1964, the traditional window for the baby boom generation. That means that they will retire over a 19-year period. Simple math shows that 76 divided by 19 is 4 million, or almost 11,000 people a day.

While a certain percentage will die before they reach retirement age, analysts say that immigrants will actually boost the number of potential baby-boomer retirees to nearly 80 million —and not everyone retires exactly at 65 or 66. Some baby boomers likely retired at 62. So let’s say it’s 80 million over 20 years—which still yields 4 million a year.

Thus, as a simple round figure, 10,000 a day is pretty close. In fact, that a number used by the Social Security Administration in a 2012 report, which Portman spokeswoman Caitlin Conant said was a source used by the senator. She also cited a Pew Research Center report that used this figure.

 

[EdwardBaiamonte]

You said without it we'd starve trying to make our own car, home, and phone by ourselves. That's a patently false statement.

dear, way too stupid you've got to be bright enough to know when someone is talking literally or figuratively. If someone says its hot has hell in here can you figure out if that it literal or figurative??

 

[pinqy]

Do you know what the labor participation rate is?

Obviously not

employed + unemployed/ total work force. Does the idiot liberal have any more questions??

No, that's not it at all. It's the labor force(which is employed plus unemployed as you stated) divided by the adult civilian non-institutional population (everyone age 16 and older not in the military, prison, or some other institution).

I have no idea what you mean by "total workforce," BLS doesn't use that phrase

So when someone retires, they leave the numerator but remain in the denominator

 

[EdwardBaiamonte]

Thus, as a simple round figure, 10,000 a day is pretty close.

dear, did someone disagree??

 

[rightwinger]

Declining Labor Participation Rates

Bureau of Labor Statistics, November 2006: Every year after 2000, the rate declined gradually, from 66.8 percent in 2001 to 66.0 percent in 2004 and 2005. According to the BLS projections, the overall participation rate will continue its gradual decrease each decade and reach 60.4 percent in 2050.

 

[EdwardBaiamonte]

So when someone retires, they leave the numerator but remain in the denominator

no dear they leave both. Sorry

 

[Dad2three]

I am not denying that the Dems played a role.

They played the dominant role.

However their role was that of the duped.

So your party is full of stupid people. I already know this.

The role of dupers was played by the GOP.

Who apparently must be so intelligent and cunning that they were about to convince your party who controlled the federal government to vote for that piece of shit? Is that your premise?

I am more than willing to own up to being duped by the GOP. Are you willing to own being part of the dupers?

I'm willing to hold all politicians accountable for their fuck ups. You apparently are only willing to do so if they have an R next to their name.

60% of Dems in Congress voted against the conservative NAFTA that Reagan announced the day he ran for Prez in 1979. What percentage of GOPers?

 

[rightwinger]

Among the reasons cited for the trend:

1) The aging of baby boomers. A lower percentage of older Americans choose to work than those who are middle-aged. And so as baby boomers approach retirement age, it lowers the labor force participation rate.

2) A decline in working women. The labor force participation rate for men has been declining since the 1950s. But for a couple decades, a rapid rise in working women more than offset that dip. Women’s labor force participation exploded from nearly 34 percent in 1950 to its peak of 60 percent in 1999. But since then, women’s participation rate has been “displaying a pattern of slow decline.”

3) More young people are going to college. As BLS noted, “Because students are less likely to participate in the labor force, increases in school attendance at the secondary and college levels and, especially, increases in school attendance during the summer, significantly reduce the labor force participation rate of youths.”

So no matter who was president, and independent of the health of the economy, BLS projected in 2006 that labor force participation rates were going to go down.

 

[EdwardBaiamonte]

60% of Dems in Congress voted against the conservative NAFTA that Reagan announced the day he ran for Prez in 1979. What percentage of GOPers?

without free trade we'd have to make everything ourselves and so slowly starve to death which explains why Nafta passed and decades later the entire world is about to pass TPP..

 

[pinqy]

So when someone retires, they leave the numerator but remain in the denominator

no dear they leave both. Sorry

Again, the participation rate is labor force as a percent of the population. The U.S. Has no upper limit on age to be in the population. Quit embarrassing yourself saying things you know you have no cites to support your claim.

 

[EdwardBaiamonte]

BLS projected in 2006 that labor force participation rates were going to go down.

and when you add to that unemployment at 11%(u6) and declining income you see the economy is pretty bad.

 

[Dad2three]

Over-regulation is what is preventing the flood of on-shoring to kick off!

Assumes facts not in evidence.

Oh, and you failed to defend the feckless GOP's failed "free markets" dogma either. Am I correct in assuming that you are opposed to that plank in the GOP platform?

NAFTA passed under a supporting Clinton regime in his first term before the GOP took congress in the midterms. NAFTA is and was horrible. The Clinton regime torn down the barriers to China and stem rolled their WTO membership. The South Korea agreement was passed by the dimocrats congress and Obama at the helm. CAFTA was passed by Bush and it was a great deal. Check the stats we have trade surplus with every country in CAFTA!

The impetus for NAFTA actually began with President Ronald Reagan, who campaigned on a North American common market.

History and Purpose of NAFTA

He announced Heritage Foundation, the right wing think tanks, NAFTA the day he ran for Prez in 1979

60% of Dems in Congress voted against the conservative NAFTA AND every "free trade" deal!

CAN YOU GUESS WHAT PERCENTAGE OF THE GOP VOTED FOR NAFTA??? LOL

 

[EdwardBaiamonte]

So when someone retires, they leave the numerator but remain in the denominator

no dear they leave both. Sorry

Again, the participation rate is labor force as a percent of the population. The U.S. Has no upper limit on age to be in the population. Quit embarrassing yourself saying things you know you have no cites to support your claim.

Labor Force Participation Rate =Employed + Unemployed/
Working Age Non-institutionalized Population

 

[Dad2three]

Two words. Baby Boomers.

Boomers contribute no doubt, but the driving force is the longterm unemployed. You know those people who quote unquote spoke looking for work in the last 4 weeks!

Retirement Among Baby Boomers Contributing To Shrinking Labor Force. According to The Washington Post, many economists agree the shrinking labor force participation rate is largely explained by a demographic shift, wherein "baby boomers are starting to retire en masse":


Demographics have always played a big role in the rise and fall of the labor force. Between 1960 and 2000, the labor force in the United States surged from 59 percent to a peak of 67.3 percent. That was largely due to the fact that more women were entering the labor force while improvements in health and information technology allowed Americans to work more years.

But since 2000, the labor force rate has been steadily declining as the baby-boom generation has been retiring. Because of this, the Federal Reserve Bank of Chicago expects the labor force participation rate to be lower in 2020 than it is today, regardless of how well the economy does.

The incredible shrinking labor force - The Washington Post

 

[rightwinger]

BLS projected in 2006 that labor force participation rates were going to go down.

and when you add to that unemployment at 11%(u6) and declining income you see the economy is pretty bad.

U6 unemployment is DOWN 5% since 2009

Real unemployment is DOWN to 5.5%