President Obamas liberal policies have generated ten million jobs
.
Remember this the next time a liberal says Obama created thousands of jobs.
Work force participation rate at the start of each year according to the bureau of labor statistics.
2007 - 66.4 %
2008 - 66.2 %
2009 - 65.7 %
2010 - 64.8 %
2011 - 64.2 %
2012 - 63.7 %
2013 - 63.6 %
2014 - 62.9 %
2015 - 62.9 %
2016 - 62.7 %
And what do you think that means? That in no way counters the fact that jobs have increased every month since February 2010.
As for explanation of declining labor force, here is the percent of the population that does not want a job:
2007 - 31.6%
2008 - 31.7%
2009 - 31.9%
2010 - 32.7%
2011 - 33.1%
2012 - 33.7%
2013 - 33.7%
2014 - 34.5%
2015 - 34.6%
2016 - 34.9%
34.9%
What does that prove?
That the drop in the Labor Force Participation Rate is almost entirely due to fewer people wanting/needing to work.
1) People who once made $80,000 a year can't afford a job with the income of a Walmart or a McDonalds.
That has nothing to do with the participation rate.
2) Obama's job numbers also don't refelect family's who now must work multiple jobs to make up for the large salary they once had
Whose job numbers do? But the data are published....which would you like:
the number of people working multiple jobs,
the percent of employed people working multiple jobs,
families with husband and wife working,
families with husband and wife working as a percent of married couples?
3) Obama's job numbers don't consider individuals who must work more than two employers because the company they had chosen only had enough business to sustain their employment for four months.
No one's number consider that. How could they?
That 62% - 63% participation rate shows we were long from the growing economy delusion that liberal democrats want people to believe.
How do you think it shows that?
[qThat is completely laughable if your rebuttals is that nearly HALF of all Americans NOT working (40%) is due to the fact they have
chosen not to work due to retirement or school.[ The statistical labor participation average is 63%, let that figure sink in. The economy was a
HUGE concern in the last election, there are more Americans working multiple part time jobs to make up for the high paying long term full time career they once had. That in itself has everything to do with the current labor participation rate, which was higher in 2007 than at any time under President Obama. More Americans are having to accept food stamps, under a stagnant economy that had maybe a 2% GDP growth at best, if it reached even that high.
President Obamas liberal policies have generated ten million jobs
.
Remember this the next time a liberal says Obama created thousands of jobs.
Work force participation rate at the start of each year according to the bureau of labor statistics.
2007 - 66.4 %
2008 - 66.2 %
2009 - 65.7 %
2010 - 64.8 %
2011 - 64.2 %
2012 - 63.7 %
2013 - 63.6 %
2014 - 62.9 %
2015 - 62.9 %
2016 - 62.7 %
And what do you think that means? That in no way counters the fact that jobs have increased every month since February 2010.
As for explanation of declining labor force, here is the percent of the population that does not want a job:
2007 - 31.6%
2008 - 31.7%
2009 - 31.9%
2010 - 32.7%
2011 - 33.1%
2012 - 33.7%
2013 - 33.7%
2014 - 34.5%
2015 - 34.6%
2016 - 34.9%
34.9%
What does that prove?
That the drop in the Labor Force Participation Rate is almost entirely due to fewer people wanting/needing to work.
1) People who once made $80,000 a year can't afford a job with the income of a Walmart or a McDonalds.
That has nothing to do with the participation rate.
2) Obama's job numbers also don't refelect family's who now must work multiple jobs to make up for the large salary they once had
Whose job numbers do? But the data are published....which would you like:
the number of people working multiple jobs,
the percent of employed people working multiple jobs,
families with husband and wife working,
families with husband and wife working as a percent of married couples?
3) Obama's job numbers don't consider individuals who must work more than two employers because the company they had chosen only had enough business to sustain their employment for four months.
No one's number consider that. How could they?
That 62% - 63% participation rate shows we were long from the growing economy delusion that liberal democrats want people to believe.
How do you think it shows that?
That is completely laughable if your rebuttals is that nearly HALF of all Americans NOT working (40%) is due to the fact they have
chosen not to work due to retirement or school.
January 2017, not seasonally adjusted:
Adult civilian noninstitutional population: 254,082,000
Employed: 150,527,000 leaving 103,555,000 not working.
Table A-1
89,472,000 did not want a job (or were too disabled to work)
Table A-38
8,149,000 were trying to work (Unemployed) and 5,934,000 said they wanted a job but didn't look for work from mid-December to mid-January and 3,585,000 of those hadn't looked for work in all of 2016.
You brought up retired and school...if you look at the age groups in Table A-38, it certainly appears that way.
Looking at
Table A-6 we see that about 50 million of those not in the labor force are disabled 64 and older, or both.
If you can do the math in
Table A-16 you can see that for age 16-24, there are 8,487,000 high school students not in the labor force, and 5,776,000 full time college students not in the labor force.
Do you have different numbers?
The statistical labor participation average is 63%, let that figure sink in.
January 2017 seasonally adjusted number is 62.8%. Historical average is 62.8% The participation rate peaked in 1999. The decline paused from 2005 to 2007 but the recession accelerated the decline. It now has paused again some.
The economy was a HUGE concern in the last election, there are more Americans working multiple part time jobs to make up for the high paying long term full time career they once had.
Not really. multiple job holders started going up during the recovery as jobs, though not good ones, started coming back. But as a percent of the number of employed, it's been going down.
That in itself has everything to do with the current labor participation rate
How? There's zero connection between the two.