New data shows US job growth has been far weaker than initially reported

That's not true. The labor participation rate in December 2019 (right before the pandemic) was 63.3%.

The highest labor participation rate the Biden administration achieved was 62.8% in November of 2023.
Baby Boomers that RETIRE bring down the LPR.
Lots of wealthy retirees.
LIKE ME, that retired from their career jobs.

Can you, JGalt post the data chart for the LPR over the last 20 years?
Oh, you did.
Did you see the constant DECLINE?

AND WHY did you highlight Dec 2019?
When JOBS were not LOST until APRIL 2020?

Screenshot 2024-08-21 at 7.39.46 PM.webp
 
Rehires and part time jobs. Biden's new jobs went to illegals.

The BLS numbers show that. Compare the labor participation rate of Hispanics (in yellow) to that of whites and blacks. There's a reason so many Hispanics are working: That's because there was a massive influx of them throughout the Biden years. This should be disturbing to anyone.

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Exactly. Take all the illegals out of the equation, and the Biden administrations job numbers look pretty damned dismal.
That doesn't even help your argument.

Just because RoadRunner and other white trash are unwilling to take those jobs, doesn't mean those jobs weren't created.

The reason why illegals get jobs, is because they are willing to work, unlike RoadRunner.
 
That doesn't even help your argument.

Just because RoadRunner and other white trash are unwilling to take those jobs, doesn't mean those jobs weren't created.

The reason why illegals get jobs, is because they are willing to work, unlike RoadRunner.
Wow. She's mad. :laughing0301: :laughing0301: :laughing0301: :laughing0301:
 
There's a reason so many Hispanics are working: That's because there was a massive influx of them throughout the Biden years. This should be disturbing to anyone.
WRONG......it's because White Trash Losers like @FJB ie Roadrunner refuse to work and collect a Government Check, from the Government they hate.
The Illegals will work, roadrunner won't.

It's pretty simple, please JGalt, tell me why I'm wrong.
 
WRONG......it's because White Trash Losers like @FJB ie Roadrunner refuse to work and collect a Government Check, from the Government they hate.
The Illegals will work, roadrunner won't.

It's pretty simple, please JGalt, tell me why I'm wrong.
Tell us why illegals are here.
 
That doesn't even help your argument.

Just because RoadRunner and other white trash are unwilling to take those jobs, doesn't mean those jobs weren't created.

The reason why illegals get jobs, is because they are willing to work, unlike RoadRunner.

Actually it's because illegals are willing to work cheaper, thereby pricing everyone else out of the jobs.

The Biden/Harris immigration policies sure are helping all those companies you folks always bitch about. You know, the companies who break the laws by hiring illegals.

Those companies sure must love old Biden/Harris. Yup, fer sure. :laughing0301:
 
Tell us why illegals are here.
I just did.

illegals are willing to work, Roadrunner is NOT willing to work.
From her own mouth. She admits it.

*******If you're gonna mention the border, that is a "HOW" question.
You clearly asked a "WHY" question.
 
Actually it's because illegals are willing to work cheaper, thereby pricing everyone else out of the jobs.
Yup, and we need to prosecute those "Bosses" that hire these illegals.
Why do they hire ILLEGALS?
Because we have business owners that admire the $$$$ more than America.
 
LOL .. it's not black and white... I'm disappointed (and not surprised) that the average is much lower than communicated .. nearly 70K avg per month.

Were you disappointed with an average less than 170,000 jobs added when Trump was POTUS?
 
That's not true. The labor participation rate in December 2019 (right before the pandemic) was 63.3%.

The highest labor participation rate the Biden administration achieved was 62.8% in November of 2023.

These figures came directly from the Bureau of Labor Statistics, and are inarguable.

View attachment 999305

Yes, more and more people are retiring. They are called "Boomers".

But when you look at the core working age, the LFPR is higher than any point under Trump, In fact you have to go back to 1999 to find it this high.

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$20 per hour and under does not constitute a job. That means just showing up.
 

New data shows US job growth has been far weaker than initially reported​



I wouldn't be surprised if the reality is even worse than the downgrade.
 
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