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Strange - Chris normally makes at least 20 threads about Jobs Growth...hmm...hasn't made any about April and May...wonder why??
Strange - Chris normally makes at least 20 threads about Jobs Growth...hmm...hasn't made any about April and May...wonder why??
oh and hey get a load of this, Edthecynic says that a major factor as to why the labor force participation rate is down is due to retirees leaving the work force ............and when I ask him why the jobs being filled by new workers after the retirees leave is not counted as job created in the employment figures he won't answer me......so this month, how many retirees left the work force? god knows....
This is more interesting. The is the employment level and labor force level to population since 1960.
Curiously, the general downward trend in the labor force began in 2001. Now, that doesn't mean people leaving because population grows in the denominator. It does present some fundamental change going on since 2001.
This is more interesting. The is the employment level and labor force level to population since 1960.
Curiously, the general downward trend in the labor force began in 2001. Now, that doesn't mean people leaving because population grows in the denominator. It does present some fundamental change going on since 2001.
um...yeah...it is called outsourcing manufacturing.
Has no one noticed just how many 20 somethings are still living with their parents with no job? Seriously - they are everywhere. I don't think this has ever been like this before.
This is more interesting. The is the employment level and labor force level to population since 1960.
Curiously, the general downward trend in the labor force began in 2001. Now, that doesn't mean people leaving because population grows in the denominator. It does present some fundamental change going on since 2001.
um...yeah...it is called outsourcing manufacturing.
Has no one noticed just how many 20 somethings are still living with their parents with no job? Seriously - they are everywhere. I don't think this has ever been like this before.
Outsourcing of manufacturing doesn't explain the trend. That would just make it harder to get a job, increasing unemployment rate. Yet when you look at unemployment in 2001 of around 4.7% then in 2006 at 4.6%, it should have been easier to get a job, not harder, yet labor force participation fell by over 1%
your joy is palpable
oh and hey get a load of this, Edthecynic says that a major factor as to why the labor force participation rate is down is due to retirees leaving the work force ............and when I ask him why the jobs being filled by new workers after the retirees leave is not counted as job created in the employment figures he won't answer me......so this month, how many retirees left the work force? god knows....
um...yeah...it is called outsourcing manufacturing.
Has no one noticed just how many 20 somethings are still living with their parents with no job? Seriously - they are everywhere. I don't think this has ever been like this before.
Outsourcing of manufacturing doesn't explain the trend. That would just make it harder to get a job, increasing unemployment rate. Yet when you look at unemployment in 2001 of around 4.7% then in 2006 at 4.6%, it should have been easier to get a job, not harder, yet labor force participation fell by over 1%
Hmm...well one thing is government taxpayer funded 2-3 year party tickets for whoever wants to party for as long as they can get away with it (attend college). Use to, before the government drove tuition through the roof, kids would work their way through college - with full tuition plus money for room and board - kids no longer have to work.
That would definitely be a part of it.
How's that again?Did you know Bush presided over 6 1/2 years of a down market?
Strange - Chris normally makes at least 20 threads about Jobs Growth...hmm...hasn't made any about April and May...wonder why??