Spinning America’s Shrinking Workforce
While the mainstream media trumpets the “good news” of declining unemployment, this websYou must Subscribe or log in to read the rest of this content.
While the mainstream media trumpets the “good news” of declining unemployment, this websYou must Subscribe or log in to read the rest of this content.
6 comments
How much can I make being Nikki’s foot massager for the next 4 years?
Depends on if you do happy endings.
Hmmmm…lets see this countries Billionaires and Millionaires grew at unheard of rates but jobs are not there…….some how that math is not equalling up….
seems as though common sense would say that the “labor pool” should include everyone that needs to work, that has the physical ability to do so. If you are on non-disability related assistance of any sort, you should be included in the pool.
The numbers do not drill down deep enough. They really fall off for the youngest, entry level workers: High School Graduates and New College Graduates.
http://www.bls.gov/emp/ep_table_303.htm
From: Table 3.3 Civilian labor force participation rates by age, sex, race, and ethnicity,
1992, 2002, 2012, and projected 2022 (In percent)
Labor Force Participation Rate Change (2002-2012)
Age Range (% Change)
16 to 19 (-13.1%)
20 to 24 (-5.5%)
25 to 34 (-2.0%)
35 to 44 (-1.5%)
45 to 54 (-1.9%)
55 to 59 (+1.8%)
60 to 61 (+4.1%)
62 to 64 (+5.4%)
65 to 69 (+6.0%)
70 to 74 (+5.5%)
75 and older (+2.5%)
I see your point. Since unemployment figures only include those who are actively seeking work, and since Obama’s executive override of the requirement that people on welfare seek work, as well as the doors-wide-open, c’mon-n-get-your-disability-today policy, it might appear that there are fewer unemployed (thus more employed) when that’s not really the case.. But don’t you think it’s a stretch to blame the governor when all states are swimming against a riptide of enabling programs from DC?