Faun
Diamond Member
- Nov 14, 2011
- 124,334
- 80,982
Holyfuckingshit!See how the rightie lies .... here's an example of one claiming employment of 16-24 year olds has dropped over the last year. No, not according to BLS statistics....How many Americans are "supposed" to be in the workforce out of 330 million people?
Are children expected to work? Young mothers? Invalids? Retirees?
What number will make you happy?
Another Low-Info post by RW.
The Civilian Population used to calculate workforce statistics includes people 16 years and older. Children below the legal working age are excluded.
One incredibly sad fact of Obamanomics is the drop in employement for 16-24:
Over the past year the number of working-age Americans who have dropped from the civilian labor force has risen by 1.5 million. During Obama's presidency, the population of these Americans increased by nearly 16 million — while the labor force grew by under 3 million.
The labor force participation rate for those 16 and over dropped from 65.7% at the start of the Obama presidency to just 62.6% last month. If this rate would have remained steady, the labor force would have been nearly 14 million stronger.
....
This is partially explained by baby boomers retiring — at the pace of nearly 10,000 a day. But the largest reduction in the workforce has been among those under the age of 29. Today the labor force participation rate for the 16-24 age group is 55.1%, down from 60.8% a decade ago and from more than 66% back in the late 1990s.
Millennials continue to exit the labor market — and millions have never even held a job.
Why are workers disappearing? Minimum-wage increases are pricing the young out of the workforce. The myriad welfare programs are effectively paying the young not to work....
The Quiet Crisis Of America s Disappearing Workforce - Investors.com
- Unemployment rate for that group dropped from 13.3% to 12.1% ... BLS: Unemployment Rate (16-24)
- Number of employed grew from 18.4 million to 18.7 million ... BLS: Employment Level (16-24)
- And the labor force participation rate for that group increased from 54.7% to 55.1% ...
BLS: Labor Force Participation Rate (16-24)
By no metric has employment among 16-24 years decreased over the last year, yet the lying rightie I'm responding to made exactly that bullshit claim.
Yet one more shining example why no one should ever believe a rightie.
Those stats prove that the economy is not providing enough jobs to keep up with population growth.
Only 300K ended up being employed. Pathetic.
Even in the face of every stat indicating job growth among 16-24 years olds, the lying rightie keeps lying.
Don't ever trust a rightie. Lying is inherit among them.
- Population growth among 16-24 year olds dropped from 38,740,000 to 38,609,000 over the last year ... Civilian noninstitutional population
See that folks? When the truth smacks down righties' lies -- they try to pile on more lies rather than just admit they're lying.
Now what, lying rightie?