Economy adds 175,000 jobs in February

[bedowin62]

Record Low Labor Participation Rate Not Due to Retirement or School



www.economicpopulist.org/.../record-low-labor-participation-rate-not-d...*



Nov 13, 2013 - Many dismiss these record low labor participation rates by claiming more ... out of the labor force who in fact really need a job are is it as they say, older ... is not due to retirement or more young people going to school as this myth, ... claim the baby boomers are causing the labor participation rate to drop as ...
================================================================


libs are losers who lie to themselves

 

[Avorysuds]

Thats true

Because typically you do not try to balance your budget and slash government hiring when you are trying to get out of a severe recession

Who did either of those things, Winger? Obama spent huge amounts of money and government hiring was going up even as the Private Sector was losing jobs at a staggering rate. Government hiring only went down when the Obama Stimulus ran out and the majority of that was at the State and local levels that by law HAVE to have a balanced budget. It's become painfully obvious over the past 5 years that Barack Obama really doesn't have a plan to improve the economy...he wants extra spending to put a band aid on things but he's clueless as to how to really create jobs.

Government hiring is down under Obama and the deficit has been cut in half. Not normally conducive to getting out of a recession quickly

Reagan tripled his debt and increased government hiring during his recovery

The deficit is not cut in half under Obama you shit bag, he made the deficit reach it's top points.... Also Obama does not include any FeDR spending, so he gets 300ish billion in tax revenues every year to "bring down the deficit" that he does not add the 1.1ish trillion to deficit spending.

Obama has officially made the Democrat part the party of stupid and ignorant.

 

[edthecynic]

The economy normally has to add about 220,000 jobs a month to keep pace with increases in the workforce. This general rule has been battered a bit in recent years as people drop out of the job market in record numbers, but bragging about adding 175k jobs in a month is like a baseball player bragging about hitting .225.

It's nothing to brag about.

That BULLSHIT has been "battered" because it is total BULLSHIT! The entire American POPULATION doesn't even increase by 220,000 people each month.

Before the Boomers started retiring it only took 125,000 new jobs per month to keep up with monthly workforce growth. Now that Boomers are retiring at a rate of over 200,000 per month with many of those jobs being filled after they retire, the job creation rate to keep with new entrants into the workforce can be as little as 50,000 to 80,000 new jobs per month.

you are a moron lying to himself; baby boomers have been retiring at a stable more or less constant rate for about a decade

Boomers first became eligible for early retirement at age 62 in 2008 and full retirement at age 65 in 2011. 2011 was not a decade ago.

 

[Avorysuds]

175k jobs is horrid. Everyone knows it but the Obama bots...

 

[Avorysuds]

That BULLSHIT has been "battered" because it is total BULLSHIT! The entire American POPULATION doesn't even increase by 220,000 people each month.

Before the Boomers started retiring it only took 125,000 new jobs per month to keep up with monthly workforce growth. Now that Boomers are retiring at a rate of over 200,000 per month with many of those jobs being filled after they retire, the job creation rate to keep with new entrants into the workforce can be as little as 50,000 to 80,000 new jobs per month.

you are a moron lying to himself; baby boomers have been retiring at a stable more or less constant rate for about a decade

Boomers first became eligible for early retirement at age 62 in 2008 and full retirement at age 65 in 2011. 2011 was not a decade ago.

What luck! Another excuse as to why Obama's economy sucks!

 

[bedowin62]

That BULLSHIT has been "battered" because it is total BULLSHIT! The entire American POPULATION doesn't even increase by 220,000 people each month.

Before the Boomers started retiring it only took 125,000 new jobs per month to keep up with monthly workforce growth. Now that Boomers are retiring at a rate of over 200,000 per month with many of those jobs being filled after they retire, the job creation rate to keep with new entrants into the workforce can be as little as 50,000 to 80,000 new jobs per month.

you are a moron lying to himself; baby boomers have been retiring at a stable more or less constant rate for about a decade

Boomers first became eligible for early retirement at age 62 in 2008 and full retirement at age 65 in 2011. 2011 was not a decade ago.

some retire early; with disabilities and such. the point was retirement and/or disabilities has ZERO to do with the low rate of labor market participation. in fact more and more are putting off retirement.

sorry; find another excuse for the failure of of obama and the progressive agenda

 

[rightwinger]

175k jobs is horrid. Everyone knows it but the Obama bots...

Economy adds 175,000 jobs, beating forecasts

In the past ten years, how many months have exceeded 175k jobs?

 

[edthecynic]

you are a moron lying to himself; baby boomers have been retiring at a stable more or less constant rate for about a decade

Boomers first became eligible for early retirement at age 62 in 2008 and full retirement at age 65 in 2011. 2011 was not a decade ago.

some retire early; with disabilities and such. the point was retirement and/or disabilities has ZERO to do with the low rate of labor market participation. in fact more and more are putting off retirement.

sorry; find another excuse for the failure of of obama and the progressive agenda

Yeah, the number of Boomers staying in the workforce increased from 15% pre-Boomer to 18% now. That means that 72% of the 300,000 Boomers who reach 65 per month retire. That's over 200,000 Boomers leaving the workforce every month.

 

[bedowin62]

learn something leftard:


Record Low Labor Participation Rate Not Due to Retirement or School



www.economicpopulist.org/.../record-low-labor-participation-rate-not-d...*



Nov 13, 2013 - Many dismiss these record low labor participation rates by claiming more ... out of the labor force who in fact really need a job are is it as they say, older ... is not due to retirement or more young people going to school as this myth, ... claim the baby boomers are causing the labor participation rate to drop as ...

 

[bedowin62]

http://www.qando.net/wp-content/uploads/WEBage0504.gif.png


THIS CHART shows that the employment to population ratio has remained stable for those 55 and up; but the rate of participation in the labor market for all other groups has declined sharply

 

[bedowin62]

the myth of the retiring baby boomers - Free Republic



404 Not Found




Free Republic





May 4, 2012 - In April the number of people not in the labor force rose by a whopping ... the labor force participation rate just dipped to a new 30 year low of 64.3%. ... the baby boomers who are causing the labor participation rate to drop. ... Say what you like about the baby boomers, we're still working and making money.

 

[iamwhatiseem]

The economy normally has to add about 220,000 jobs a month to keep pace with increases in the workforce. This general rule has been battered a bit in recent years as people drop out of the job market in record numbers, but bragging about adding 175k jobs in a month is like a baseball player bragging about hitting .225.

It's nothing to brag about.

Suppose we were losing 700,000 jobs a month, what would you call that?

You just gotta love stupid responses like this.
"Ow..boy it really hurts that my hand is cutoff"
"That is good news, just imagine losing both hands"

 

[BDBoop]

I hate to interrupt such an entertaining exchange of invective, but I found a couple of things interesting in the figures. First a caveat, you will go nuts if you you try to draw conclusions from one month's data. You need at least three months to get any idea of a trend in labor statistics.

The civilian non-institutional population has been growing at an average of 176k per month for the last four months. For four years the biggest phenomena in the labor market has been the decrease in the labor force. In fact, in February, the labor force was only 13,000 higher than February of 2013. But in the last four months the labor force has had positive growth in three of the four, and the average gain is 253,000 per month. The striking fact is that for the first time in five years, the labor force is growing faster than population! This explains the increase in the unemployment rate. People are returning to the labor force.

The second thing is that the broader U-6 measure is monotonically decreasing each month, from 13.7% last October to 12.6% in February. This supports the observation of the above paragraph.

This does not mean that we are seeing an employment recovery, but it does mean that we have seen the bottom of the slide where labor force was declining. I think we will be in this mode for about another year. The minimum unemployment rate will stay near 6.5%, but U-6 will continue to decline to maybe 11.5% by the end of the year. This isn't great news, but at least the trend is in the right direction.

You may now return to the previously scheduled food fight.

always a pleasure to hear from you (unlike other farts I have been exposed to in my life)!

 

[edthecynic]

learn something leftard:


Record Low Labor Participation Rate Not Due to Retirement or School



www.economicpopulist.org/.../record-low-labor-participation-rate-not-d...*



Nov 13, 2013 - Many dismiss these record low labor participation rates by claiming more ... out of the labor force who in fact really need a job are is it as they say, older ... is not due to retirement or more young people going to school as this myth, ... claim the baby boomers are causing the labor participation rate to drop as ...

You obviously never read what was at the link and just liked the google summary, but it looks like the article was so stupid that the site has blocked access to it. It probably made claims like you did, more Boomers are working so they can't be retiring. There are so many more Boomers that they cam be working more and retiring more.

Here is a chart with the actual breakdown of those leaving the workforce.

 

[Oldstyle]

No offense, Ed but unless that chart is yours...you really should be attributing it to someone so that we have an idea who compiled it. Not for nothing but cherry picking stats to give the impression that someone desires has become a "cottage industry" lately.

 

[edthecynic]

learn something leftard:


Record Low Labor Participation Rate Not Due to Retirement or School



www.economicpopulist.org/.../record-low-labor-participation-rate-not-d...*



Nov 13, 2013 - Many dismiss these record low labor participation rates by claiming more ... out of the labor force who in fact really need a job are is it as they say, older ... is not due to retirement or more young people going to school as this myth, ... claim the baby boomers are causing the labor participation rate to drop as ...

You obviously never read what was at the link and just liked the google summary, but it looks like the article was so stupid that the site has blocked access to it. It probably made claims like you did, more Boomers are working so they can't be retiring. There are so many more Boomers that they cam be working more and retiring more.

Here is a chart with the actual breakdown of those leaving the workforce.

No offense, Ed but unless that chart is yours...you really should be attributing it to someone so that we have an idea who compiled it. Not for nothing but cherry picking stats to give the impression that someone desires has become a "cottage industry" lately.

No offense, but all you have to do is right click on it to find the source.

Why People Left The Workforce - Business Insider

 

[bedowin62]

learn something leftard:


Record Low Labor Participation Rate Not Due to Retirement or School



www.economicpopulist.org/.../record-low-labor-participation-rate-not-d...*



Nov 13, 2013 - Many dismiss these record low labor participation rates by claiming more ... out of the labor force who in fact really need a job are is it as they say, older ... is not due to retirement or more young people going to school as this myth, ... claim the baby boomers are causing the labor participation rate to drop as ...

You obviously never read what was at the link and just liked the google summary, but it looks like the article was so stupid that the site has blocked access to it. It probably made claims like you did, more Boomers are working so they can't be retiring. There are so many more Boomers that they cam be working more and retiring more.

Here is a chart with the actual breakdown of those leaving the workforce.

No offense, Ed but unless that chart is yours...you really should be attributing it to someone so that we have an idea who compiled it. Not for nothing but cherry picking stats to give the impression that someone desires has become a "cottage industry" lately.

No offense, but all you have to do is right click on it to find the source.

Why People Left The Workforce - Business Insider

i read it; it says the rate of employment relative to population for the 55-plus crowd has remained constant over the last few years

you're the one lying to himself with a debunked talking point

 

[DriftingSand]

Jobs report: Hiring picked up in February - Mar. 7, 2014

This should be good news for everyone.....but I am sure the GOP will spin their dismay.

Good, sustainable jobs or crappy, temp jobs or low-paying, part-time jobs?

 

[DriftingSand]

Hopefully, if we can get the nutjob environmentalists muzzled and placed in padded rooms then we can start drilling for American oil. This would create lots and lots of good, quality jobs and reduce our dependence on foreign oil. Win/win for America's economy but a huge loss for the liberal, left, Marxists.

 

[BDBoop]

Jobs report: Hiring picked up in February - Mar. 7, 2014

This should be good news for everyone.....but I am sure the GOP will spin their dismay.

Good, sustainable jobs or crappy, temp jobs or low-paying, part-time jobs?

Hey! Don't denigrate corporate decisions. They have shareholders who NEED that money.