Moonglow
Diamond Member
My Millennial son is not old enough to work.....And the lying rightie continues to lie. You started by saying: "One incredibly sad fact of Obamanomics is the drop in employement for 16-24:"Here is an example of the lying rightie resorting to alternative statistics because the officials ones aren't bad enough for them.LIAR!
There are less than ONE million discouraged workers total.
Employment Situation Summary
Among the marginally attached, there were 653,000 discouraged workers in June,
essentially unchanged from a year earlier. (The data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they believe
no jobs are available for them.
You are blithering moron. That is based on the new definition of discouraged workers.
Shadow Stats uses the old method which doesn't exclude millions of people who have given up because they can't find a job.
Holyfuckingshit!
And why no admission from you for lying about 16-24 years dropping in employment? You were shown up to being the lying imbecile you are.
You sad sack of sophistry. I quoted the declining labor force participation rate...and accurately observed that the economy is not producing enough jobs to keep up with population growth.
Obamanomics is an EPIC Fail. If we had had a Reaganesque policy, the economy would have produced millions more jobs by now.
View attachment 43858
I see that you have to resort to not properly quoting me. Here is what I highlighted:
[i}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..[/i]
The employment levels of millenials as a RATIO of their cohort has dropped. You can play semantic games, but that doesn't change the fact that OBAMANOMICS IS AN EPIC FAIL.