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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?
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.
The economy has added more jobs since Obama took office than it did in his predecessors entire eight years in office
It says a lot more than that!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, but all you have to do is right click on it to find the source.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.
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
Business Insider/Matthew Boesler (data from St. Louis Fed)
Business Insider/Matthew Boesler (data from St. Louis Fed)
It says a lot more than that!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
It is important to understand the techniques the Right uses to deceive, in this case telling just enough truth to deceive and then shutting up.
Baby Boomers Are Retiring - Business Insider
How can retiring baby boomers be the primary driver of the drop in labor force participation if the participation rate for those 55 years of age and over has been mostly increasing in recent years as the total labor force participation rate has fallen?
Business Insider/Matthew Boesler (data from St. Louis Fed)
Chart 3.
It's important to remember that, at 39.8%, the participation rate for those 55 years of age and over is still a massive 41.1 percentage points lower than the prime working age (25-54) participation rate, which currently stands at 80.9% (chart 3). Millions of Americans have been transitioning from the first bucket (25-54) to the second one (55+) over the past several years as the baby boom generation comes of retirement age.
Business Insider/Matthew Boesler (data from St. Louis Fed)
Chart 4.
Since 2007, the prime working age population has fallen by 1.556 million, or 1.2%, whereas the 55-and-over population has risen by 14.063 million, a 20.2% increase (chart 4). Some quick arithmetic shows the effect this has had on overall labor force participation:
- The average prime working age LFPR since 2007 is 82.0%, and the average 55-and-over LFPR since 2007 is 40.1%
- The size of the 55-and-over population has increased by 15.619 million relative to that of the prime working age population since 2007
- 15.619 million multiplied by the difference between the two participation rates (82.0% - 40.1%) implies that this simple demographic shift alone has left only 6.544 million workers at the end of 2013 where there were 15.619 million at the end of 2007
- Subtract that 6.544 million still in the labor force from the 15.619 million who made the shift from the first bucket to the second bucket and you get 9.075 million people 55 years of age or over who have left the labor force over the past six years
The contrary articles are so ridiculous they keep getting pulled.if anything more and more boomers are putting off retirement
Report: Baby Boomers are Putting off Retirement | RV Business
www.rvbusiness.com/.../report-baby-boomers-are-putting-off-retirement/*
Jan 21, 2014 - Nearly half of baby boomers who are in the work force today say they don't expect to retire until they're 66 or older, and one in 10 think they'll ...
And those fake articles have been so thoroughly debunked they have been pulled out of embarrassment!It says a lot more than that!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
It is important to understand the techniques the Right uses to deceive, in this case telling just enough truth to deceive and then shutting up.
Baby Boomers Are Retiring - Business Insider
How can retiring baby boomers be the primary driver of the drop in labor force participation if the participation rate for those 55 years of age and over has been mostly increasing in recent years as the total labor force participation rate has fallen?
Chart 3.
It's important to remember that, at 39.8%, the participation rate for those 55 years of age and over is still a massive 41.1 percentage points lower than the prime working age (25-54) participation rate, which currently stands at 80.9% (chart 3). Millions of Americans have been transitioning from the first bucket (25-54) to the second one (55+) over the past several years as the baby boom generation comes of retirement age.
Chart 4.
Since 2007, the prime working age population has fallen by 1.556 million, or 1.2%, whereas the 55-and-over population has risen by 14.063 million, a 20.2% increase (chart 4). Some quick arithmetic shows the effect this has had on overall labor force participation:
- The average prime working age LFPR since 2007 is 82.0%, and the average 55-and-over LFPR since 2007 is 40.1%
- The size of the 55-and-over population has increased by 15.619 million relative to that of the prime working age population since 2007
- 15.619 million multiplied by the difference between the two participation rates (82.0% - 40.1%) implies that this simple demographic shift alone has left only 6.544 million workers at the end of 2013 where there were 15.619 million at the end of 2007
- Subtract that 6.544 million still in the labor force from the 15.619 million who made the shift from the first bucket to the second bucket and you get 9.075 million people 55 years of age or over who have left the labor force over the past six years
you're spinning; and it's laughable. there are several articles on the DEBUNKED MYTH that the 40-year low in labor force participation is due to people retiring
And those fake articles have been so thoroughly debunked they have been pulled out of embarrassment!It says a lot more than that!
It is important to understand the techniques the Right uses to deceive, in this case telling just enough truth to deceive and then shutting up.
Baby Boomers Are Retiring - Business Insider
How can retiring baby boomers be the primary driver of the drop in labor force participation if the participation rate for those 55 years of age and over has been mostly increasing in recent years as the total labor force participation rate has fallen?
Chart 3.
It's important to remember that, at 39.8%, the participation rate for those 55 years of age and over is still a massive 41.1 percentage points lower than the prime working age (25-54) participation rate, which currently stands at 80.9% (chart 3). Millions of Americans have been transitioning from the first bucket (25-54) to the second one (55+) over the past several years as the baby boom generation comes of retirement age.
Chart 4.
Since 2007, the prime working age population has fallen by 1.556 million, or 1.2%, whereas the 55-and-over population has risen by 14.063 million, a 20.2% increase (chart 4). Some quick arithmetic shows the effect this has had on overall labor force participation:
- The average prime working age LFPR since 2007 is 82.0%, and the average 55-and-over LFPR since 2007 is 40.1%
- The size of the 55-and-over population has increased by 15.619 million relative to that of the prime working age population since 2007
- 15.619 million multiplied by the difference between the two participation rates (82.0% - 40.1%) implies that this simple demographic shift alone has left only 6.544 million workers at the end of 2013 where there were 15.619 million at the end of 2007
- Subtract that 6.544 million still in the labor force from the 15.619 million who made the shift from the first bucket to the second bucket and you get 9.075 million people 55 years of age or over who have left the labor force over the past six years
you're spinning; and it's laughable. there are several articles on the DEBUNKED MYTH that the 40-year low in labor force participation is due to people retiring
Click on the links you gave and you get the 404 error message and not the article! All you found is a google list summary, not the actual article.And those fake articles have been so thoroughly debunked they have been pulled out of embarrassment!you're spinning; and it's laughable. there are several articles on the DEBUNKED MYTH that the 40-year low in labor force participation is due to people retiring
how was i able to find them if they were "pulled"?
ur a joke
Click on the links you gave and you get the 404 error message and not the article!And those fake articles have been so thoroughly debunked they have been pulled out of embarrassment!
how was i able to find them if they were "pulled"?
ur a joke
No, all the summaries on the bad links posted have ellipsis' (...) showing they are just a C&P of a google list.Click on the links you gave and you get the 404 error message and not the article!how was i able to find them if they were "pulled"?
ur a joke
fool; that just means they didnt post right; doulc be because i'm on an intranet..
what a comical idiot.
No, all the summaries on the bad links posted have ellipsis' (...) showing they are just a C&P of a google list.Click on the links you gave and you get the 404 error message and not the article!
fool; that just means they didnt post right; doulc be because i'm on an intranet..
what a comical idiot.
My links work and do not have ellipsis'.
Americans Working Part-Time After Age 65 - US News
Americans Working Part-Time After Age 65
Dont count on full-time retirement, even after age 65. About 15.5 percent of Americans age 65 and older were still working in 2008, according to recently released data from the Census Bureaus American Community Survey. Most of those seniors (62 percent) have cut back to part-time work. But over a third (38 percent) continue to work 35 hours a week or more during the traditional retirement years.
Not letting go: Companies hang on to their baby boomers - Fortune Management
In 1985, 10.8% of people over 65 worked full-time or part-time. By 2011, that figure rose to over 18%, according to the AARP Public Policy Institute.
Please do.No, all the summaries on the bad links posted have ellipsis' (...) showing they are just a C&P of a google list.fool; that just means they didnt post right; doulc be because i'm on an intranet..
what a comical idiot.
My links work and do not have ellipsis'.
Americans Working Part-Time After Age 65 - US News
Americans Working Part-Time After Age 65
Dont count on full-time retirement, even after age 65. About 15.5 percent of Americans age 65 and older were still working in 2008, according to recently released data from the Census Bureaus American Community Survey. Most of those seniors (62 percent) have cut back to part-time work. But over a third (38 percent) continue to work 35 hours a week or more during the traditional retirement years.
Not letting go: Companies hang on to their baby boomers - Fortune Management
In 1985, 10.8% of people over 65 worked full-time or part-time. By 2011, that figure rose to over 18%, according to the AARP Public Policy Institute.
i never said i didnt copy and paste them; nothing you're posting proves they are bad links; i was able to open them. if you want i'll copy and past the contents instead
This is a silly thread. The participation rate is bound to go down for one very obvious reason: All who had to work for med insurance no longer have to.
Beyond that, if you want to decrease unemployment, do what all administrations have done in the same situation. From FDR to Reagan. It is called lots of rational stimulus.
Yep. But the participation rate continues to drop and the UE went up to 6.7. So not only are the ones who quit looking for work hosed but the ones working are getting laid off
-Geaux
That didn't happen though. Instead, hiring picked up across many sectors. Construction added 15,000 jobs, restaurants and bars added 20,100 jobs and education and health services added 33,000 jobs.
It says a lot more than that!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
It is important to understand the techniques the Right uses to deceive, in this case telling just enough truth to deceive and then shutting up.
Baby Boomers Are Retiring - Business Insider
How can retiring baby boomers be the primary driver of the drop in labor force participation if the participation rate for those 55 years of age and over has been mostly increasing in recent years as the total labor force participation rate has fallen?
Chart 3.
It's important to remember that, at 39.8%, the participation rate for those 55 years of age and over is still a massive 41.1 percentage points lower than the prime working age (25-54) participation rate, which currently stands at 80.9% (chart 3). Millions of Americans have been transitioning from the first bucket (25-54) to the second one (55+) over the past several years as the baby boom generation comes of retirement age.
Chart 4.
Since 2007, the prime working age population has fallen by 1.556 million, or 1.2%, whereas the 55-and-over population has risen by 14.063 million, a 20.2% increase (chart 4). Some quick arithmetic shows the effect this has had on overall labor force participation:
- The average prime working age LFPR since 2007 is 82.0%, and the average 55-and-over LFPR since 2007 is 40.1%
- The size of the 55-and-over population has increased by 15.619 million relative to that of the prime working age population since 2007
- 15.619 million multiplied by the difference between the two participation rates (82.0% - 40.1%) implies that this simple demographic shift alone has left only 6.544 million workers at the end of 2013 where there were 15.619 million at the end of 2007
- Subtract that 6.544 million still in the labor force from the 15.619 million who made the shift from the first bucket to the second bucket and you get 9.075 million people 55 years of age or over who have left the labor force over the past six years
you're spinning; and it's laughable. there are several articles on the DEBUNKED MYTH that the 40-year low in labor force participation is due to people retiring
