Biz

Jobs Go Bust

RECORD 93.2 MILLION WORKING AGE AMERICANS OUT OF LABOR FORCE … || By FITSNEWS ||  Remember thYou must Subscribe or log in to read the rest of this content.

jobs.jpg
RECORD 93.2 MILLION WORKING AGE AMERICANS OUT OF LABOR FORCE … || By FITSNEWS ||  Remember th
You must Subscribe or log in to read the rest of this content.

Related posts

Biz

‘Bidenomics’ Jobs Report: Not All It’s Cracked Up To Be

Will Folks
Biz

Guest Column: ‘Bidenomics’ Is A Nightmare For Consumer Costs

FITSForum
Biz

Spring Surge: Gas Prices On The Move

FITSNews

60 comments

ea5769b4dc479f2db1829258deb9dc9e?s=100&d=mm&r=r
FastEddy23 April 3, 2015 at 11:45 am

90% of any job is just showing up.

What ever happened to that “work-fare” dealio?

Reply
bad19e24ff77f91e320f2a5acaa57c43?s=100&d=mm&r=r
idcydm April 3, 2015 at 12:13 pm

Just don’t plant them in CA, no water to water the seedlings.

Reply
ea5769b4dc479f2db1829258deb9dc9e?s=100&d=mm&r=r
FastEddy23 April 3, 2015 at 1:05 pm

There are long discourses as to why trees should be planted in a drought. The upshot amongst scientists, mostly physicists, is that trees are intimately connected with rainfall. The more trees there are, the more rain is likely. … But that will take some research on the readers’ part to prove or disprove. IMO the theories about “more trees = more rain” are correct. … They just need a good start …

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 1:08 pm

An uneducated farmer has reclaimed desert in the southern Sahara of Africa by planting trees and other vegetation. He did it during the dry season too.

Reply
ea5769b4dc479f2db1829258deb9dc9e?s=100&d=mm&r=r
FastEddy23 April 3, 2015 at 1:20 pm

The State of Taxifornia are the bad guy here.

1) During the last decade or so, CalTrans has cut down more than 20,000 redwood trees in the north end of the state without any replanting program(s). This is on top of the ongoing clearcutting allowed by the feds on BLM land.

2) The Air Force (ca. reservists, mostly), have been flying air tanker loads of chemicals and dumping them over the Pacific off of the Taxifornia coast. This is a weather “geo-engineering” program that obviously is not working at all right and almost certainly has contributed to the western drought. (“Never in history has raising taxes changed the weather.” … for the better.)

Thumper: If you have any links to that tree hugging outfit in Africa, I would appreciate it.

ea5769b4dc479f2db1829258deb9dc9e?s=100&d=mm&r=r
FastEddy23 April 3, 2015 at 9:01 pm

It might also be noted that the average annual rainfall in Western Kansas is also on the increase … primarily because of irrigation but also because there are more trees there now than at any time in the last ten thousand years.

4ccad64bee3cff3caa9fe25d9d6cfe9a?s=100&d=mm&r=r
The Walking Dead April 3, 2015 at 12:12 pm

Boomers and the government have helped suck the marrow from the bones of the economy.

Normally I’d wish them a happy digestif via a brain cocktail, but the voting masses have no brains so it looks like they’ll just have to be content in slurping up the cadaver remains through a straw.

At least Washington DC is experiencing record job creation. I wonder why.

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 1:14 pm

Will, you’re a hypocrite. In the last 3 quarters, when the national labor participation rate declined one tenth of a percent 0.1%, South Carolina’s has improved 1.0%. You reported SC’s rate when it was falling, but haven’t reported it’s dramatic 1/2% rise the last two months.
South Carolina has had two months of the largest job growth ever. January and February show 10,610 and 10,432 new jobs. Those figures are 60% higher than any other month since records began in 1976.
If you were to plot South Carolina’s recent job growth it would look like the discredited climate change hockey stick graph; slow gradual rise then sudden sharp steep rise. Are you afraid Haley’s crony capitalism will get the credit?

Reply
d2098dbbae003b8ebc6be4d9c0e90a72?s=100&d=mm&r=r
Victorious Secret April 3, 2015 at 1:43 pm

“Are you afraid Haley’s “so called crony capitalism” will get the credit?”

Regardless of whether crony capitalism warrants someone getting “credit,” it is still purely wrong and unfair to allow the government to pick winners and losers.

The vicious cycle will never end if we allow politicians to make favorable decisions to one entity over another and then, subsequently, said entity continues to load politicians up with campaign contributions for future elections. (Especially since Citizens United v. FEC).

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 1:49 pm

You make a legitimate argument, but does that mean Fits should hide from the facts. Fits made your same argument and defended it using declining labor participation rates. Let’s see his defense now that they are rising.

Reply
d2098dbbae003b8ebc6be4d9c0e90a72?s=100&d=mm&r=r
Victorious Secret April 3, 2015 at 2:02 pm

That’s how you can distinguish my comment from Folks’. I’m not citing data, nor am I pushing a stance on job growth.

Rather, I’m saying–flat out–the government has no business picking winners and losers. It is undeniable that this is what it is doing when it hands down generous contributions to a corporation. I see no need to link “job growth” to my position. Its about the process and the principle, not just the end result.

If you want my opinion on job reports, I prefer to look at numerous reports and draw a conclusion from a totality of the circumstances. If you send me a link to one report, the first question I will always ask is, “who paid for the report?” It’s very telling to see who paid to conduct the poll or furnish said report.

It’s foolish to think otherwise. Similarly, its just as absurd to sit and listen to the “MSNBC crowd” bad-mouth the “Fox News crowd” and vice versa. It’s just plain silliness. The media is a business (FITS included) and mostly concerned with generating advertisement dollars. Purely objective journalism is extinct, as is completely neutral polling data or an analyst’s report.

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:04 pm

I use reports that are issued on a regular bases, but prefer tables and charts that show differences and a time sequence. I also compare SC rates to national and other states. If one month is exaggerated it only makes the next month look worse. Here are some that I use for each month for South Carolina.

South Carolina a glance. It has the las six months data.Each dinosaur icon opens a time series chart and table. You can also change the time span on the dinosaur linked tables and charts. You can export them to Excel in order to calculate monthly differences. http://www.bls.gov/eag/eag.SC.htm

This link gives me the data for all the states at one time, but it is more difficult to work with. I use search to find latest month and year. It has the labor participation rates and the employment ratios, but they can be computed for SC from the link above.
http://www.bls.gov/lau/ststdsadata.txt

332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 2:00 pm

FITS goal is NOT honestly reporting the TRUTH…That’s why he’s considered a HACK…And that may be a generous description…since he may not even meet the qualifications to be a hack…

Reply
632eb7a39bc5f9cbd9fc39610a463ab6?s=100&d=mm&r=r
Wilson April 3, 2015 at 2:32 pm

You’re so fucked up in the head, I think I am going to see about a court Order to shut you down – and up.

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 3:03 pm

Find the nearest Obama judge…and I’m sure you and FITS will get exactly what you want…
NAZIs stick together…LMAO…

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:13 pm

So, Fits is not a hack? What is he then? He wouldn’t have printed this article if it was a good report. He only reports the bad. Then only in a skewed way. How do you explain his multiple articles on SC’s declining labor participation rates, but no reports on its rise.

Reply
29116af874cc9f7a3f0d83661061754b?s=100&d=mm&r=r
Bible Dick Licker April 3, 2015 at 3:14 pm

Fuck you and your mom.

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:19 pm

Later. First, answer my statements above. Is Will a hypocrite?

bce8150eaafb779e9647808d20808b86?s=100&d=mm&r=r
Psychological Testing April 3, 2015 at 3:22 pm

Why so angry?

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:29 pm

I suppose that I place a high value on fairness. Fits has reported everything bad about South Carolina but refuses to report good news. But I’m laughing. I’m not angry.

77e1acec91ca6c650e3657c9a16e6c98?s=100&d=mm&r=r
Sic is Awesome April 3, 2015 at 3:31 pm

I am laughing too … at that little peepee in your hand.

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:34 pm

Can’t take it can you, W I L L ?

c15637c5c25bd9963ee47ee7aad00dda?s=100&d=mm&r=r
Sic Is Awesome April 3, 2015 at 3:41 pm

I don’t think even a pussy cat would be satisfied with that little thing you have.

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:47 pm

Only WILL would be so upset as you.

7a6cb5884aae4dc090988b1d88769674?s=100&d=mm&r=r
Smirks April 3, 2015 at 3:12 pm

I think that all the devils have at once entered into you.You are worse than all the devils. What you have done, no devil has ever done. Your end is near, you son of perdition and Antichrist!

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:15 pm

GT was responding to my post. What did I or GT say that isn’t true?

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 3:15 pm

As it closes in around you…and even FITS is no longer shilling for Obama – and all of your Stupid Bull-S#!t that you’ve gotten away with – you’re coming apart…
You sound like a complete delusional nutjob…

Reply
8c932038458e1c0eafe355c29b728688?s=100&d=mm&r=r
Grand Tango Ass Wipe April 3, 2015 at 3:17 pm

Are you ignorant of what it means to be ignorant?

8c932038458e1c0eafe355c29b728688?s=100&d=mm&r=r
Grand Tango Ass Wipe April 3, 2015 at 3:26 pm

Hold on, I’ll go find you a tampon.

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:50 pm

I believe Will is trolling his own website. He is the only one who would get so angry.

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 4:13 pm

I thought the same thing.

Or it may be K (w/ a ‘K’ like Marx) who FITS has brought in to try to save his site from being the staging area most populated delusional leftists ….

Reply
101dd48ab9d1471266f2667100bca657?s=100&d=mm&r=r
* April 3, 2015 at 3:21 pm

I could eat a bowl of alphabet soup and shit out a smarter statement than that.

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:21 pm

PROVE IT!

Reply
85a36abc1826867fc26b2c99e5b2ef7d?s=100&d=mm&r=r
* April 3, 2015 at 3:22 pm

If you’re gonna be a smartass, first you have to be smart. Otherwise you’re just an ass

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:25 pm

Make your argument. Not just insults. It doesn’t take intelligence to make insults.

3809792452164c5ec0e92f4f6803f144?s=100&d=mm&r=r
Bible Is a Lab Rat April 3, 2015 at 3:27 pm

You know, the best part of you ended up as a brown stain on your mother’s mattress. Do you even know who your father is????

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:33 pm

Are you capable of making an intelligent remark. I’m still waiting, W I L L !

02336a26ba68f71e54d2ebfbc087821b?s=100&d=mm&r=r
Bibles Psychosis Is Noted April 3, 2015 at 3:39 pm

Poor, poor, Bible. He can’t win on any level. Sad, very sad.

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 3:45 pm

I haven’t heard you challenge anything I’ve said. Even your identity. I edited my original posts to worn others that W I L L is trolling his own website.

c1ffb78ded1a34b1206bce30382df923?s=100&d=mm&r=r
DooDa April 3, 2015 at 6:57 pm

Bible Thumper Bibles Psychosis Is Noted • 3 hours ago

I haven’t heard you challenge anything I’ve said. Even your identity. I edited my original posts to worn others that W I L L is trolling his own website
<<<< "Worn Others"???? HAHAHAHAAHAHAAA!!!!

19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 7:15 pm

Hahaha!!!
Very rarely does anyone get so many negative replies, yet none have a disqus logon. Very odd. Seems pretty obvious that they are coming from Will. You do a article about South Carolina’s last two monthly jobs reports and I’ll apologize for calling you a hypocrite. OK Will?

332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 1:15 pm

And FITS is the only Stupid Some Beech, besides Rocky and a couple other FITS myth-based minions, who is SURPRISED…

LMAO…How long have I been telling you this????

Reply
4deee2e41fc21ca724443386d873b719?s=100&d=mm&r=r
Rocky April 3, 2015 at 1:48 pm

Well this doesn’t really impact you. You’re already unemployed living off the government anyway. No worries – we’ll keep giving you your free stuff.

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 1:58 pm

So you’re FINALLY admitting you’ve been LYING about ALL those jobs…Thank you…

Reply
9c22e051a09646dd2831b027e0c609c5?s=100&d=mm&r=r
Smirks April 3, 2015 at 2:03 pm

You lust for the creamy taste of Obama’s liquid babies, don’t you.

Reply
4deee2e41fc21ca724443386d873b719?s=100&d=mm&r=r
Rocky April 3, 2015 at 3:05 pm

Oh yeah baby – that’s what I’m talking about. The Smirks!!!!

646e3935a6677d7a6bec7176cd31f43d?s=100&d=mm&r=r
Grand Tango Is a Felon April 3, 2015 at 2:02 pm

Piss on you, faggot.

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 2:02 pm

Best and Brightest…LMAO…

Reply
718937f900fd5746ce41538cb12ee8d8?s=100&d=mm&r=r
Jean Toal April 3, 2015 at 3:16 pm

You do nothing with all your profusion of words but fight a fire with dry straw

Reply
4deee2e41fc21ca724443386d873b719?s=100&d=mm&r=r
Rocky April 3, 2015 at 2:02 pm

Well said. Well said.

Reply
93c23606c06a614bea03b8c3c1819d35?s=100&d=mm&r=r
Your Mom April 3, 2015 at 3:24 pm

For a minute there I thought you were complaining about your sore vagina.

Reply
fc731b413523dd9f8c57842a44a0b7d6?s=100&d=mm&r=r
The End of The USA April 3, 2015 at 2:00 pm

Thousands more illegals from Mexico and Central America have taken up residency in South Carolina. Now isn’t that just W-O-N-D-E-R-F-U-L???

Reply
ea5769b4dc479f2db1829258deb9dc9e?s=100&d=mm&r=r
FastEddy23 April 3, 2015 at 9:06 pm

You guys don’t mind a few more loyal democrats, right?

Reply
05567a905f546d50779e63a50de1e050?s=100&d=mm&r=r
Smirks April 3, 2015 at 3:29 pm

Bible Thumper and GrandTango enjoy going out together and holding hands.

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 4, 2015 at 10:44 am

When the facts are indisputable,… insults.

Reply
332ca9dc9a5ee08de174dcaa2d76850e?s=100&d=mm&r=r
GrandTango April 3, 2015 at 4:46 pm

Wow…look at these DRUDGE Headlines:

RECORD 93,175,000 AMERICANS NOT WORKING…
Record 12,202,000 Blacks Not In Labor Force…
Record 56,131,000 Women…
January, February jobs numbers revised down dramatically…
Fed Cuts Growth Forecast to ZERO…

I’d don’t pretend to be a prophet…but I sho’ do look like one…don’t I? LMAO…

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 3, 2015 at 11:23 pm

You see the red line in the second chart that Fits and Zerohedge make a big deal out of. Well, do you notice that the vertical axis starts at 62.5% and ends at 68.5%. No big deal but the charts design does visually exaggerate the changes in the labor participation rate. That, however. Is not my biggest issue with the chart. If you look carefully you will see that it is the shape of the post WW II “Baby Boom”. See link. If you shift the linked chart over 45 years (1955 on the linked chart to 2000 on the Zerohedge chart) the prime employment age appears to match pretty good. That indicates that the chart has little to do with the economy and more to do with demographics.

http://upload.wikimedia.org/wikipedia/commons/6/66/US_Birth_Rates.svg

Next, on the last chart the black line represents the number of adults not in the labor force. It seems to rise almost continuously from about 62,500 in 1990 to 93,000 in 2015 based on the left axis measured in thousands. That line almost totally represents population growth. If you would have plotted it as a percentage of the population instead of gross numbers it would look like the labor participation chart from 1990 on, only flipped upside-down. After all the percentage of adults out of the labor force would equal 100% minus the percentage in the labor force. Again Zerohedge’s chart represents a demographic trend not an economic one.

Finally, I don’t believe in accidents when it comes media. Zerohedge has a history of presenting data in a strange, nonstandard way. If you look at the charts there seems to be an agenda to place blame on both parties or to show that it doesn’t matter which party is in charge. It is not always the case but there is a trend. While I do believe both parties are to blame, I also believe there were also good economic policies under both Democrats and Republicans. There is one group who have a motive to have you believe that the two parties have always failed. Libertarians.

Reply
9d197dfca8ed6d28fa4eda59855198f6?s=100&d=mm&r=r
BrigidBernadette April 5, 2015 at 6:34 pm

But ‘working age’ is factored in when they talk about labor force participation, at least the BLS. My understanding of it is counting people between the ages of 16 and 64 when workforce participation is counted. So that would factor out retirees. Although many do retire before the age of 64, they aren’t counting 78 year olds.

Reply
19d449f1b06f84719356edbc3e7fb8cd?s=100&d=mm&r=r
Bible Thumper April 5, 2015 at 6:55 pm

The work/labor force participation rate includes all old people not in prison or nursing home. It is the labor force of those working divided by the civilian noninstitutional population. There is a 25 — 54 labor participation rate and it is down but not as dramatically.

http://www.bls.gov/dolfaq/bls_ques23.htm

Civilian noninstitutional population: Persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

Reply

Leave a Comment