AntonToo
Diamond Member
- Jun 13, 2016
- 31,676
- 9,295
You graph shows increased participation rate since Jan 2021 that is heading up sharply.Fake fucking numbers-----paying people not to work so they aren't working to create a fake unemployment number is dishonest as fuck and dangerous. Its immoral that asshole dem propagandists and other communists insist on trying to spread their lies. LABOR PARTICIPATION Is the number you actually want to see----do note how many people are not working now under BIDEN.
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Civilian labor force participation rate
www.bls.gov
You do know how to read a graph, right?
Besides that let me explain to you a few things: structurally LFPR is projected to be falling untill the end of 2030s due to population demographics - boomers retiring and people spending more time in school.
When economic shake ups happen retirements and people getting more education accelerate temporarily. The bigger the shake up the more pronounced these effects are.
We've grown jobs by 6.6 million since Jan21 and GDP by over 5% - these are great numbers and certainly enough to support growing LFPR, even against long term structural effects.
Last month we created almost 500k jobs, but unemployment actually went up - why? Because we have even more people entering workforce and looking for a job again.
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