I guess you have your head under your pillow the last few weeks and haven't heard about all the jobs being created since Trump won. Kroger just announced today they are hiring 10,000 new FULL TIME employees now that the maobamacare mandates are going away. Thats just the beginning. You whiny little bitches ain't got a chance.
Obama created 40k jobs/wk on average. UE is at 4.7%.
Trump has some work to do before bragging about anything.
Labor participation rate ( a far more accurate number) is the lowest since the 1970's. obummer had destroyed the full time, high paying, and benefit receiving jobs, and turned them into low wage part time jobs. And morons like you think that's good.
LPR is not a measure of unemployment at all.
Talk about intellectual dishonesty.
It is a far more accurate measure of an economy. obummer chased so many jobs away that he killed a huge part of the manufacturing sector and chased it over seas and out of this country. It take s atrue moron, such as yourself, to simply take whatever an admin gives you and ignore the fact that they will lie to make themselves look good. YOU are the lazy person here snowflake. Not I.
It's not an accurate measure of anything other than the total number of people in the workforce.
Attempting to ascribe further significance is completely dishonest.
Critics of Obama
think it shows that his liberal policies are damaging the economy and prompting Americans to drop out of the job market. They
think it shows the Democratic neo-welfare state this president constructed is rewarding laziness by doling out government handouts. They
think it somehow shows that the sharp decline in the US unemployment rate is a fraud.
But it doesn’t show these things. All it shows is that the labor force—the number of people either employed or “actively looking for work”—is a shrinking share of the US population. In absolute terms, the labor force could be shrinking, or it could just be growing more slowly than the population as a whole. So which is it?
A lot of the people dropping out of the labor force are just, well, old. That’s because the demographic bulge known as the baby boom generation is aging out of the workforce.
This is where the critics of Obama—to the extent that he actually is responsible for the slow pace of recovery—might appear to have a legitimate point. Some folks do appear to have dropped out of the workforce all together. The BLS counts a category of people called
discouraged workers (fifth chart)—those who haven’t looked for a job in the past four weeks, specifically because they believe there aren’t any jobs for them. Even though they want work, these people aren’t counted as part of the labor force because they’re not actively looking.
And, indeed, years into the economic recovery, the number of discouraged workers remains high. This is related to “unusual aspects of the slow recovery that led workers to become discouraged and permanently drop out of the labor force,” wrote the CBO.
However, this may not be all that surprising, given the depth of the recession, which was preceded by the worst financial panic in nearly a century. And since 2010 the number of discouraged workers has been declining, a sign that the ongoing improvement in the economy is beginning to coax more workers back into employment.
". That is the very definition of lazy. Silly person....
