francoHFW
Diamond Member
- Thread starter
- #181
Talk about not seeing the forest for the trees, dupe. LOL. You're baffled by BS.Sure. Proves my point that not in the labor force does not mean dropped out.I didn't say it did. It went up 213kMy math in no way conflicts with yours, and especially since we're getting the same answer I'm at a loss as to what you think is wrong. Especially since I gave you my BLS source. You can check my math
Then do the math - your link doesn't show the gross change that you say you are netting out.
The U.S. population of those 16 years and older does not increase 700K+ in a month. That is pure nonsense.
743k entered, 530k left. Go to my link, the total for "other inflows" clearly says 743k (last column, 4th row)
Total for "other outflows" is 530k (next to last column, 5th row.
Other inflows are people Who were not employed, unemployed, or not in the labor force the previous month bu are now
And the footnote for that is:
(2) Includes persons just turning 16 and adjustments to estimated population totals.
Who said it was just boomers? Not I.Which proves my point that the whose who are younger age cohorts are not entering the workforce, hence they are significant components of the drop in the LFPR. It's NOT JUST BOOMERS.
So why are you bringing it up except to change the topic?
I'm not changing the topic. I provided LFPR by age group information earlier in this thread in response to a poster claiming that the drop was due to boomer retirement. That is only part of the reason. The bigger issue is dropping participation by younger cohorts. The economy is not generating enough jobs to keep up with population growth.
Spin it however you wish, but your inflows and outflows source doesn't address the thread topic at all.
Tell Boehner to allow a vote on Schumer/Lindsay Graham and END the illegal problem with a good ID. Raise the min wage.
UE 5.3, 225k new jobs/month. And since this is Dem adults, not greedy Pub idiots, no corrupt bubble.
Pass a jobs /infrastructure bank and invest in America. Make the bloated rich and the 55% of giant corps paying NOTHING pay their fair share. Live on planet Earth. Ay caramba.