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Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 3:26 pm
by travelinman67
http://m.cnsnews.com/news/article/ali-m ... year-low-0

11 million have left workforce since Obama took office!

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 3:51 pm
by CitadelGrad
CNBC has a more realistic view of the BLS numbers.

http://www.cnbc.com/id/102243878

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 4:28 pm
by dbackjon
This canard again?


Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That’s more than 75 million people. In their heyday, the boomers were an unprecedented economic force, pushing up rates of homeownership, consumer spending and, most important of all, employment. It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.

It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.


The Baby Boom generation began hitting retirement age in 2009. Lead elements hit 65 in 2011.

Duh.

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 5:25 pm
by CAA Flagship
dbackjon wrote:This canard again?


Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That’s more than 75 million people. In their heyday, the boomers were an unprecedented economic force, pushing up rates of homeownership, consumer spending and, most important of all, employment. It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.

It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.


The Baby Boom generation began hitting retirement age in 2009. Lead elements hit 65 in 2011.

Duh.
Soooooo, you agree that Obama sucks?







:kisswink:

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 10:46 pm
by DSUrocks07
CAA Flagship wrote:
dbackjon wrote:This canard again?


Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That’s more than 75 million people. In their heyday, the boomers were an unprecedented economic force, pushing up rates of homeownership, consumer spending and, most important of all, employment. It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.

It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.


The Baby Boom generation began hitting retirement age in 2009. Lead elements hit 65 in 2011.

Duh.
Soooooo, you agree that Obama sucks?







:kisswink:
Breaking News:

"Obama confirmed to be sole source of Baby Boomers aging and retiring"

Thanks Obama.

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 11:03 pm
by CitadelGrad
dbackjon wrote:This canard again?


Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That’s more than 75 million people. In their heyday, the boomers were an unprecedented economic force, pushing up rates of homeownership, consumer spending and, most important of all, employment. It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.

It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.


The Baby Boom generation began hitting retirement age in 2009. Lead elements hit 65 in 2011.

Duh.
This has been explained to you before but apparently you didn't understand.

The only segment of the labor force that is increasing its participation is the 54+ segment. That means that they aren't retiring. Every other segment of labor force participation is declining.

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Fri Dec 05, 2014 11:44 pm
by DSUrocks07
CitadelGrad wrote:
dbackjon wrote:This canard again?


Nearly a quarter of Americans were born between 1946 and 1964, the typical definition of the baby boom generation. That’s more than 75 million people. In their heyday, the boomers were an unprecedented economic force, pushing up rates of homeownership, consumer spending and, most important of all, employment. It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.

It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.


The Baby Boom generation began hitting retirement age in 2009. Lead elements hit 65 in 2011.

Duh.
This has been explained to you before but apparently you didn't understand.

The only segment of the labor force that is increasing its participation is the 54+ segment. That means that they aren't retiring. Every other segment of labor force participation is declining.
Sounds like we need those death panels every was talking about. Problem solved.

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Sat Dec 06, 2014 2:03 am
by DSUrocks07
Image

Re: Labor Participation At 36 Year Low!! GoObama!!!

Posted: Sat Dec 06, 2014 6:39 am
by kalm
DSU…ripping some tits... :lol: