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Posted on 7/3/14 at 5:23 pm to a want
quote:
cnsnewsdr
Questioning the source rather than the facts?
Are you familiar with Zero Hedge
quote:
People Not In Labor Force Rise To New Record, Participation Rate Remains At 35 Year Lows
by Tyler Durden
07/03/2014 08:52 -0400
Those following the labor force participation rate (which as even the Census Bureau showed is declining not so much due to demographics but due to older people working longer and pushing younger people out of the labor force as we showed yesterday) will hardly be surprised to learn that alongside today's impressive NFP print, the reason why the unemployment rate took another big step lower from 6.3% to 6.1%, was once again as a result of the number of people not in the labor force, which in June rose to a fresh record high of 92,120K, up 111K from June.
LINK
Posted on 7/3/14 at 5:29 pm to HailHailtoMichigan!
quote:
One thing I do not understand is why on the one hand, democrats slam GOP obstructionism, and attribute it to the lack of economic progress, but on the other hand, attribute all good news to the white house.
your desperation is showing.
Posted on 7/3/14 at 5:46 pm to asurob1
quote:Alaska, Dakota, and Texas along with waning unemployment benefits are largely responsible for the job growth. I think he's sort of pointing out the irony of Obama attempting to take credit for job growth based on those metrics. Each is an example of growth in spite of Obama, not due to him.
your desperation is showing.
Posted on 7/3/14 at 6:42 pm to RIPMachoMan
quote:
RIPMachoMan Record Number of Americans Not in Labor Force in June Wait, so all Americans 16 and older? What is that number minus the elderly, handicapped, disabled, and homemakers? Oh and the lazy with their hands out?
Labor Force Participation Rate for 25-29 year olds hits record low: LINK
Millennials Unemployment Report: 15.2% of Workers 18-29 Out of Work – ‘More Jobs’ Needed: LINK
Posted on 7/3/14 at 7:40 pm to Willie Stroker
The dems in this thread have the victim mentality that all the mean rich republicans just wanna keep everyone down! Fitting really.
Posted on 7/3/14 at 7:49 pm to The Pirate King
So how about we just forget the news, the numbers, and everything else that was announced today. Let's just get everyone's completely cursory, singular view, based on what you are exposed to economically:
Would you say the economy has improved for you?
Would you say the economy has improved for you?
Posted on 7/3/14 at 8:50 pm to EthanL
quote:
Would you say the economy has improved for you?
Nope.
Posted on 7/3/14 at 8:53 pm to EthanL
quote:Myself in particular, neutral since I am currently still in school.
Would you say the economy has improved for you?
My dad, on the other hand, would probably state that he has not been doing fine as far as the stock market is concerned, but he has had to pay more for certain things such as health insurance. It would probably come out to a wash.
Posted on 7/3/14 at 9:02 pm to HailHailtoMichigan!
Print money (QE), buy bonds...stimulate the economy. What does it matter how many participate in productive work or don't. This thing is like the Wizard of Oz behind the curtain pulling chains 
; sooner or later the curtain goes up. Or rather, goes down.
They had better get to digging oil/NG and ramping up to market it to a desperate world, when the ME goes rogue and shuts down the oil over there.
Utter delusion up there.
; sooner or later the curtain goes up. Or rather, goes down. They had better get to digging oil/NG and ramping up to market it to a desperate world, when the ME goes rogue and shuts down the oil over there.
Utter delusion up there.
Posted on 7/3/14 at 9:06 pm to Scruffy
quote:
Posted by Scruffy
I would agree with your statements about your Dad for myself. Everything is more expensive so I have to work longer hours if I want to maintain my same standard of living. I have tightened my budget considerably to feel a little safer. I'm not hurting but things could be better.
Posted on 7/3/14 at 9:20 pm to Paluka
quote:
I'm not hurting but things could be better.
I have the feeling that everything is on life support. I'm making about the same, but working harder, and everything is costing a lot more, so I've pulled back on living standard. I see it everywhere. Its like everyone is waiting for this Administration to go away and hoping the next isn't so heavy on regulation/taxes...hoping the economy will have the reigns taken off....
Posted on 7/3/14 at 9:25 pm to UncleFestersLegs
quote:
It was 800k. Of the 288k new jobs. Think about that for a second
Aaaaaaaand......no response.
Weird, I guess liberals do understand #'s after all!
Posted on 7/3/14 at 9:29 pm to EthanL
quote:
Would you say the economy has improved for you?
My income is higher. My investment growth has never been this high. Thanks QE!
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