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re: Forbes: "Obama's Unemployment 'New Normal' Foretells A 'Lost Decade'"
Posted on 9/7/18 at 5:04 pm to Volkosoby
Posted on 9/7/18 at 5:04 pm to Volkosoby
quote:
However, more than 100% of this decline was the result of 7.4 million potential workers fleeing the labor force. Adjusted to the labor force participation when George W. Bush left office, the unemployment rate has actually increased, from 9.7% to 10.9%, since the recovery began.
Why hasn't the labor participation rate improved under Trump?
quote:
Obama thinks he had something to do with President Trump's record setting economy!
quote:
Since the economic recovery began 52 months ago
Trump has already been in office for 52 months?
Geez, how time flies.
3
Posted on 9/7/18 at 6:15 pm to WildTchoupitoulas
So the labor participation rate has held flat, but the unemployment % have gone down. That means under Trump the improvement was real.
Posted on 9/7/18 at 6:19 pm to WildTchoupitoulas
quote:
Why hasn't the labor participation rate improved under Trump?
Cause democrats are lazy.
Posted on 9/7/18 at 6:19 pm to WildTchoupitoulas
quote:
Why hasn't the labor participation rate improved under Trump?
I would say turning a steady decline into a stable line is an improvement.
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