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Posted on 1/6/17 at 2:27 pm to upgrayedd
I know reading is hard for some of you lefties.
quote:
People over age 16 who are no longer working or even looking for work, for whatever reason (retirement, school, personal preference, or gave up), are counted as not participating in the labor force
Posted on 1/6/17 at 2:27 pm to NC_Tigah
On top of this Trump wants to make them all sick again
Posted on 1/6/17 at 2:27 pm to buckeye_vol
quote:
quote:
That # doesn't include retirees either. dims like to claim it does.
Yes it does
No, it doesn't.
Posted on 1/6/17 at 2:28 pm to buckeye_vol
I would agree it can be deceiving to a degree like all things, no more than the unemployment rate though IMO, as it depends on people registering.
I'd argue labor force participation is the least deceiving personally
I'd argue labor force participation is the least deceiving personally
This post was edited on 1/6/17 at 2:30 pm
Posted on 1/6/17 at 2:29 pm to BugAC
quote:
I know reading is hard for some of you lefties.
I'm not a lefty, just a lazy right of center moderate.
Posted on 1/6/17 at 2:29 pm to Crimson Wraith
quote:
No, it doesn't.
Read the article genius, it does.
Posted on 1/6/17 at 2:30 pm to BugAC
quote:
People over age 16 who are no longer working or even looking for work, for whatever reason (retirement, school, personal preference, or gave up), are counted as not participating in the labor force
???
So it does include retirees and students. Am I reading this wrong or am I crazy?
Posted on 1/6/17 at 2:30 pm to upgrayedd
Well then read the article you lazy right of center moderate. 
Posted on 1/6/17 at 2:31 pm to BugAC
That's what I have you for 
Posted on 1/6/17 at 2:34 pm to Old Hellen Yeller
quote:
So it does include retirees and students. Am I reading this wrong or am I crazy?
Now I'm confused. Good thing I'm off today.
Posted on 1/6/17 at 2:34 pm to Old Hellen Yeller
quote:You aren't crazy. A lot of posters like to spread a lot of misinformation.
So it does include retirees and students. Am I reading this wrong or am I crazy?
We tell the same people over and over again that it includes everyone over 16, but they just cup their ears and hum (figuratively).
Posted on 1/6/17 at 2:38 pm to BugAC
quote:I interpreted it as (working + looking for work)/population.
Now I'm confused. Good thing I'm off today.
quote:
The labor force participation rate. This measure is the number of people in the labor force as a percentage of the civilian noninstitutional population 16 years old and over. In other words, it is the percentage of the population that is either working or actively seeking work.
Posted on 1/6/17 at 2:40 pm to NC_Tigah
That's fricking pathetic
Posted on 1/6/17 at 2:40 pm to mmcgrath
quote:
You aren't crazy. A lot of posters like to spread a lot of misinformation.
Actually I was incorrect. That 95 million # is basically all humans 16 and over capable of work. I was mistaken.
However, the stagnation of our economy is not due to retirees. I've posted the statistics tirelessly in the past showing older people working longer due to uncertainty in the economy, record # of food stamps, declining home ownership, lowering of work week hours, part-time vs. full time jobs and decreasing to stagnant median income.
I'm not posting the links to that today because I'm off. Mmcgrath, you know of the stats I've posted. We've had this argument many times.
This post was edited on 1/6/17 at 2:42 pm
Posted on 1/6/17 at 2:41 pm to NC_Tigah
Posted on 1/6/17 at 2:41 pm to BugAC
quote:I think it's partially due to it, but not as much as it should be.
However, the sinking of labor force participation is not due to retirees.
Posted on 1/6/17 at 2:49 pm to buckeye_vol
Posted on 1/6/17 at 2:51 pm to NC_Tigah
Breaking News!! Baby Boomers are retiring. Everybody panic and blame it on Obama.
Posted on 1/6/17 at 2:52 pm to SLafourche07
No he's correct. The labor force part. Rate compared to population as a whole, is a factor with retirees. The U6 I think? that doesn't count retirees, still shows stagnation and zero net job growth pre-recession accounting for population growth as well. That one is ignored by the left for obvious reasons.
This post was edited on 1/6/17 at 2:53 pm
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