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Message

re: Labor Force participation rate since the 1950's

Posted on 3/14/22 at 11:30 am to
Posted by Korkstand
Member since Nov 2003
28730 posts
Posted on 3/14/22 at 11:30 am to
quote:

Y’all don’t understand the survey
"Y'all" includes you.
quote:

Someone calls you and they ask:

1. Are you working?…. No
2. Are you actively looking for a job?…. No

That person is not a part of the labor force.
Correct, they are not in the labor force.
quote:

They are not counted anywhere on the graph in the OP.
Incorrect, they are counted in the denominator used to calculate the percentages in the chart.
quote:

An old retired baby boomer isn’t answering yes to either of those questions. Their presence or absence is totally irrelevant to the chart in the OP.
Not correct.
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9618 posts
Posted on 3/14/22 at 11:37 am to
quote:

Someone calls you and they ask:

1. Are you working?…. No
2. Are you actively looking for a job?…. No

That person is not a part of the labor force.

Correct.
quote:

They are not counted anywhere on the graph in the OP.

Incorrect. The graph gives the percentage of population aged 16+ that is part of the labor force - i.e. either employed or actively looking for employment. Everyone else (including retirees) represent the remaining percentage of population aged 16+ who are not participating in the labor force.
quote:

Y’all don’t understand the survey

You seem very confident.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 3/14/22 at 11:42 am to
You are right

I was wrong

Apologies
Posted by LSU Coyote
Member since Sep 2007
53390 posts
Posted on 3/14/22 at 11:43 am to
Men now are weak and lazy.
Posted by leftyloosey
Member since Jan 2022
574 posts
Posted on 3/14/22 at 11:46 am to
Nvm
This post was edited on 3/14/22 at 11:47 am
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57422 posts
Posted on 3/14/22 at 11:50 am to
quote:

The Fed is to blame; make hunger part of the equation


I remember my Dad telling me "hunger is a huge motivator."
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11221 posts
Posted on 3/14/22 at 12:04 pm to
quote:

The Fed is to blame; make hunger part of the equation



Did the Fed export all our jobs, quadruple welfare and bastardize our education system over that time?
Posted by Bow to Auburn
Member since Aug 2010
1830 posts
Posted on 3/14/22 at 12:11 pm to
I read this chart as men are becoming weaker. Everyone became lazy with Government recent handouts.
Posted by Korkstand
Member since Nov 2003
28730 posts
Posted on 3/14/22 at 12:17 pm to
quote:

I read this chart as men are becoming weaker. Everyone became lazy with Government recent handouts.
Men do tend to get weaker as they reach retirement age, so you're kind of right. But I guess you are free to interpret it in whatever way makes you feel good about yourself and/or angry about something.
Posted by AUFANATL
Member since Dec 2007
3939 posts
Posted on 3/14/22 at 12:33 pm to

Look at that female graph.

Second Wave Feminism was such an absolute crock. It was a ploy by corporate oligarchs to double the labor market supply.

Why pay Dad $100k + benefits to work while Mom stays home and raises the kids when we can force both parents to work for $50k without benefits and double our work output while rigging the system with artificial pressures.

Ladies, enjoy spending 50 hours a week chained to a cubicle to pay for daycare, divorce attorneys and medical comorbidities. At least you got to burn your bra and show solidarity with a bunch of lesbians and cat-owning manhaters.
Posted by Odysseus32
Member since Dec 2009
7353 posts
Posted on 3/14/22 at 12:36 pm to
quote:

Men do tend to get weaker as they reach retirement age, so you're kind of right. But I guess you are free to interpret it in whatever way makes you feel good about yourself and/or angry about something.


The OT's position in a nutshell. Nugget of truth in point, yet skewed to meet the need to be angry about something.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 3/14/22 at 12:36 pm to
quote:

Men do tend to get weaker as they reach retirement age, so you're kind of right. But I guess you are free to interpret it in whatever way makes you feel good about yourself and/or angry about something.


and yet, you seem to be the one taking offense to someone else’s opinion.
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 3/14/22 at 12:39 pm to
Lemme guess... You got this in an email or off FB and have never been to the Fed website or taken anything above HS economics class.
Posted by Odysseus32
Member since Dec 2009
7353 posts
Posted on 3/14/22 at 12:40 pm to
quote:

and yet, you seem to be the one taking offense to someone else’s opinion.


He isn't taking offense to anyone's opinion, I don't think. He's putting his own opinion out there that it seems like many in this thread take whatever graph, statistic, etc. and twist it to fit the narrative that things were better when "men were men", whatever that means. It happens in most every thread. Why? Who knows.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 3/14/22 at 12:43 pm to
this isn’t reddit or twitter, people have a right to their own opinions
Posted by Korkstand
Member since Nov 2003
28730 posts
Posted on 3/14/22 at 12:47 pm to
quote:

and yet, you seem to be the one taking offense to someone else’s opinion.
I seem offended?


I pointed out that a lot of the opinions in here are based on pure emotion, and that these emotional opinions produce more emotions. Further, these opinions disregard the facts that college enrollment has increased substantially since the 50s, and the average age of retirement has decreased substantially since the 50s, both of which impact these participation rates.
Posted by Odysseus32
Member since Dec 2009
7353 posts
Posted on 3/14/22 at 12:52 pm to
Yes, just like he does.

His opinion is that the other opinions are based on a faulty interpretation of the chart. Which they are, because we don't have access in this thread to the underlying data. We have a chart with 3 lines and recessions shaded. It tells us nothing even as to what is happening, much less why it's happening.
Posted by athenslife101
Member since Feb 2013
18613 posts
Posted on 3/14/22 at 12:54 pm to
quote:

As it was for thousands of years before the modern welfare state


Hate to be the bearer of bad news but you probably have to go back to like 4000 BC. Egypt was definitely a welfare state
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67515 posts
Posted on 3/14/22 at 12:55 pm to
quote:

Did the Fed export all our jobs, quadruple welfare and bastardize our education system over that time?

Parents have a lot of blame for education and how many job openings are there right now? You turn
Posted by BurningHeart
Member since Jan 2017
9526 posts
Posted on 3/14/22 at 1:01 pm to
quote:

Lemme guess... You got this in an email or off FB and have never been to the Fed website or taken anything above HS economics class.


Wrong, wrong, and wrong.

Want to state whatever argument you're trying to make and be wrong a 4th time?
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