Unemployment 5.1% Sept 2015

[rightwinger]

And yet nearly 100 million people that used to be employed are no longer employed. And they did not retire.

That has to be one of the STUPIDEST posts ever!!!
Many of the 94 million are people who have never been employed, like students who just turned 16 years old or many stay at home moms.
And by far and away the biggest group of the 94 million ARE retirees, 39 million in fact as well as 11 million disabled.

So lets look at the numbers for the 94 million

39 million retirees

21 million college students

10.5 million stay at home moms

9 million high school students over 16

9 million disabled

2 million family caregivers

1 million stay at home dads

That leaves only seven million unemployed

 

[Vigilante]

American's over 62 forced to retire do to the economy - Bing

 

[edthecynic]

And yet nearly 100 million people that used to be employed are no longer employed. And they did not retire.

That has to be one of the STUPIDEST posts ever!!!
Many of the 94 million are people who have never been employed, like students who just turned 16 years old or many stay at home moms.
And by far and away the biggest group of the 94 million ARE retirees, 39 million in fact as well as 11 million disabled.

So lets look at the numbers for the 94 million

39 million retirees

21 million college students

10.5 million stay at home moms

9 million high school students over 16

9 million disabled

2 million family caregivers

1 million stay at home dads

That leaves only seven million unemployed

The 94 million not in the labor force does not include the 8 million unemployed.

 

[edthecynic]

American's over 62 forced to retire do to the economy - Bing

OOPS!
If Americans are being FORCED to retire at 62 years old now because of the economy, and were FORCED to retire at 59 to 60 years old in the Bush economy, then why is the Right telling us that the Bush economy was great?????

From your link:
Average U.S. Retirement Age Rises to 62
WASHINGTON, D.C. -- The average age at which U.S. retirees report retiring is 62, the highest Gallup has found since first asking Americans this question in 1991. This age has increased in recent years

 

[usmcstinger]

Obviously, you did not read the entire report. The Work Force Participation Rate, Employment-Population Ratio and Loss of Manufacturing Jobs numbers continued to be very negative. If you do not understand these terms and their effect on the economy, get a High School Senior to help you. These terrible numbers caused the Stock Market to tank. Anyone, who took Economics 101 would understand these negative issues. Again, obviously you don't.

How does baby boomers retiring negatively impact our economy?

Baby Boomers are the ones spending money in this economy, especially in the area of Health Care and Leisure Sports ( SR. Softball Bats on the average cost close to $200 a pop and it is very big year round in Florida and California and the same with Golf which is even more expensive). However, there are Boomers who don't have good Retirement Income and must rely on SS and have to work at least Part Time to make ends meet. The positive impact we have on the economy is much greater than all the negative ones put together.

 

[Toro]

The JOLTS survey has the labor market tightening appreciably.

http://www.bls.gov/web/jolts/jlt_labstatgraphs.pdf

 

[rightwinger]

Obviously, you did not read the entire report. The Work Force Participation Rate, Employment-Population Ratio and Loss of Manufacturing Jobs numbers continued to be very negative. If you do not understand these terms and their effect on the economy, get a High School Senior to help you. These terrible numbers caused the Stock Market to tank. Anyone, who took Economics 101 would understand these negative issues. Again, obviously you don't.

How does baby boomers retiring negatively impact our economy?

Baby Boomers are the ones spending money in this economy, especially in the area of Health Care and Leisure Sports ( SR. Softball Bats on the average cost close to $200 a pop and it is very big year round in Florida and California and the same with Golf which is even more expensive). However, there are Boomers who don't have good Retirement Income and must rely on SS and have to work at least Part Time to make ends meet. The positive impact we have on the economy is much greater than all the negative ones put together.

Baby Boomers will still be buying healthcare...they have to
As to $200 Baseball bats, I don't think you will see many 65 year olds buying them. They still remember buying a $4.99 bat at Woolworths

 

[ScienceRocks]

The JOLTS survey has the labor market tightening appreciably.

http://www.bls.gov/web/jolts/jlt_labstatgraphs.pdf

Slash, cut and deregulate won't do a damn thing besides start another recession.

 

[Vigilante]

American's over 62 forced to retire do to the economy - Bing

OOPS!
If Americans are being FORCED to retire at 62 years old now because of the economy, and were FORCED to retire at 59 to 60 years old in the Bush economy, then why is the Right telling us that the Bush economy was great?????

From your link:
Average U.S. Retirement Age Rises to 62
WASHINGTON, D.C. -- The average age at which U.S. retirees report retiring is 62, the highest Gallup has found since first asking Americans this question in 1991. This age has increased in recent years

You have any LINKS to people being forced to retire UNDER BUSH?...YOUR link says starting in 1991... CLINTON'S ECONOMY...I thought Clinton's was supposed to be so great, thanks to Newt and the Republicans!

 

[EdwardBaiamonte]

When did anyone complain that Bush had a 5.1% unemployment rate

Never, because income, LFPR, U6, interest rates, food stamps,GDP were all in the normal range. Obama is an anti-business communist and we see the results very clearly.

U6 right now (10.6%) is the same as it was at the point when U3 was at 5.1% during Bush's term.

10.3 as of today bush never had 5.1. Sorry
closest bush had was 4.9, at that point U6 was 8.9. Sorry

What a load of horseshit!

Bush crawled out of office leaving a U-3 of 7.8% and a U-6 of 14.2%

dear, nobody disagrees. Think before you post!!

 

[edthecynic]

When did anyone complain that Bush had a 5.1% unemployment rate

Never, because income, LFPR, U6, interest rates, food stamps,GDP were all in the normal range. Obama is an anti-business communist and we see the results very clearly.

U6 right now (10.6%) is the same as it was at the point when U3 was at 5.1% during Bush's term.

10.3 as of today bush never had 5.1. Sorry
closest bush had was 4.9, at that point U6 was 8.9. Sorry

What a load of horseshit!

Bush crawled out of office leaving a U-3 of 7.8% and a U-6 of 14.2%

dear, nobody disagrees. Think before you post!!

Priceless!

 

[EdwardBaiamonte]

Unemployment 5.1% Sept 2015

5.1% seems too good for an anti business lib commie president. It's at that level thanks to 0% interest rates, massive deficit spending stimulus programs totaling $5 trillion, and because those who are working are doing so at less pay..

 

[rightwinger]

5.1% unemployment after Republicans gave him a a rate of 8%

More proof Obama is the worst President ever

 

[EdwardBaiamonte]

5.1% unemployment after Republicans gave him a a rate of 8%

More proof Obama is the worst President ever

5.1% 7 years out makes Obama worst since Great Depression!!

 

[rightwinger]

5.1% unemployment after Republicans gave him a a rate of 8%

More proof Obama is the worst President ever

5.1% 7 years out makes Obama worst since Great Depression!!

Ron Reagan never saw an unemployment rate of 5.1%

 

[EdwardBaiamonte]

5.1% unemployment after Republicans gave him a a rate of 8%

More proof Obama is the worst President ever

5.1% 7 years out makes Obama worst since Great Depression!!

Ron Reagan never saw an unemployment rate of 5.1%

why is the idiot changing the subject to Reagan for no reason??

 

[KissMy]

5.1% unemployment after Republicans gave him a a rate of 8%

More proof Obama is the worst President ever

5.1% 7 years out makes Obama worst since Great Depression!!

You Lie!!! Bush was the worst President in History! Bush turned 3.8% Unemployment into 10% Unemployment. Obama turned 10% Unemployment into 5.1% & falling. At this pace Obama is set to be the Best President in History!

Obamanomics has done this while strengthening the US dollar, Workers Wages & GDP!

 

[EdwardBaiamonte]

Obamanomics has done this

obama is liberal anti business so how could that help rather than harm economy??

Over the first five years of Obama’s presidency, the U.S. economy grew more slowly than during any five-year period since just after the end of World War II, averaging less than 1.3 percent per year. If we leave out the sharp recession of 1945-46 following World War II, Obama looks even worse, ranking dead last among all presidents since 1932. No other president since the Great Depression has presided over such a steadily poor rate of economic growth during his first five years in office. This slow growth should not be a surprise in light of the policies this administration has pursued.

Read more: The Obama Economic Record: The Worst Five Years Since World War II

 

[KissMy]

Job openings hit record high in July!!!

Job openings surged to a record high in July signaling a tighter labor market that's expected to push up wage growth.

Employers advertised 5.8 million jobs, up from 5.3 million in June and the highest on record according to the Labor Department. The previous high was 5.4 million in May.

 

[EdwardBaiamonte]

Job openings hit record high in July!!!

Job openings surged to a record high in July signaling a tighter labor market that's expected to push up wage growth.

Employers advertised 5.8 million jobs, up from 5.3 million in June and the highest on record according to the Labor Department. The previous high was 5.4 million in May.

artificial jobs at low pay propped up by 0% interest rates and massive deficits. If the economy is good why is the fed so afriad to raise interest rates above 0%??????? This is what we get after 7 years of OBama's FDR socialism!!