In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 8,419,000. This is the highest on record. The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.
In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 8,419,000. This is the highest on record. The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.
The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%
The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%
The economy is bigger than government whether Democrats or Republicans are in charge. Government ability to change economy is limited. Usually, governments receive too much credit in good times and excess blame in bad times.
The economy is bigger than government whether Democrats or Republicans are in charge. Government ability to change economy is limited. Usually, governments receive too much credit in good times and excess blame in bad times.
"Confronting the worst job market in decades, many college graduates who
expected to land paid jobs are turning to unpaid internships to try to
get a foot in an employer’s door. While unpaid postcollege internships
have long existed in the film and nonprofit worlds, they have recently
spread to fashion houses, book and magazine publishers, marketing
companies, public relations firms, art galleries, talent agencies — even
to some law firms.”
=====================
Obama's solutions do not work, will not work, and have never worked.
"Confronting the worst job market in decades, many college graduates who
expected to land paid jobs are turning to unpaid internships to try to
get a foot in an employer’s door. While unpaid postcollege internships
have long existed in the film and nonprofit worlds, they have recently
spread to fashion houses, book and magazine publishers, marketing
companies, public relations firms, art galleries, talent agencies — even
to some law firms.”
=====================
Obama's solutions do not work, will not work, and have never worked.
This is a trend that is not going to change any time soon. A big part of it is the baby boomers/aging of the country. There are more people 65+ than ever. Hardly surprising that they are not part of the labor force.
This is a trend that is not going to change any time soon. A big part of it is the baby boomers/aging of the country. There are more people 65+ than ever. Hardly surprising that they are not part of the labor force.
If you listen to what people are saying who are in their 60's they're telling you they have to work and can't retire. I don't know too many older people who are actually retired.
If you listen to what people are saying who are in their 60's they're telling you they have to work and can't retire. I don't know too many older people who are actually retired.
people don't like to mention, but the dollar being in the dumps, is the biggest reason that the economy is in the shitter, and why people don't have such want to go out there and earn those worthless dollars
people don't like to mention, but the dollar being in the dumps, is the biggest reason that the economy is in the shitter, and why people don't have such want to go out there and earn those worthless dollars
people don't like to mention, but the dollar being in the dumps, is the biggest reason that the economy is in the shitter, and why people don't have such want to go out there and earn those worthless dollars
It's the dollar, stupid
If you have any of those worthless dollars lying around, feel free to ship them my way. I'll figure a way to use them.
people don't like to mention, but the dollar being in the dumps, is the biggest reason that the economy is in the shitter, and why people don't have such want to go out there and earn those worthless dollars
It's the dollar, stupid
If you have any of those worthless dollars lying around, feel free to ship them my way. I'll figure a way to use them.
This is a trend that is not going to change any time soon. A big part of it is the baby boomers/aging of the country. There are more people 65+ than ever. Hardly surprising that they are not part of the labor force.
Actually, if the economy were growing, the trend would change.
People retiring are estimated to account for 50% of those leaving the work force.
In other words, more people left the work force last month than jobs were gained. How long do you think that can go on?
This is a trend that is not going to change any time soon. A big part of it is the baby boomers/aging of the country. There are more people 65+ than ever. Hardly surprising that they are not part of the labor force.
Actually, if the economy were growing, the trend would change.
People retiring are estimated to account for 50% of those leaving the work force.
In other words, more people left the work force last month than jobs were gained. How long do you think that can go on?
While, there is no such thing as the Hispanic vote, there are some things that unify the Hispanic community. Chief among them is an economic aspiration," Rubio said in response to whether or not Romney could win the presidency if he loses Hispanics to Obama by more than two-to-one.
"Every state is different," the Senator reiterated. "He's not going to lose Hispanic two-to-one in Florida. In fact, I think he has an opportunity to win Hispanics in Florida. I think he has the opportunity in other parts of the country to make a very compelling case."
"We have a good team of people that can go across this country and sell Governor Romney's message, he said. "And that's why I'm comfortable that he's going to win this election in November."
While, there is no such thing as the Hispanic vote, there are some things that unify the Hispanic community. Chief among them is an economic aspiration," Rubio said in response to whether or not Romney could win the presidency if he loses Hispanics to Obama by more than two-to-one.
"Every state is different," the Senator reiterated. "He's not going to lose Hispanic two-to-one in Florida. In fact, I think he has an opportunity to win Hispanics in Florida. I think he has the opportunity in other parts of the country to make a very compelling case."
"We have a good team of people that can go across this country and sell Governor Romney's message, he said. "And that's why I'm comfortable that he's going to win this election in November."
The actions of Obama wont start being his alone until the mess Bush created is cleared out and that isnt even remotely close to happening.
The crater of Bush's 8 yrs was quite severe, it might take a decade to unwind what disaster was made under his great leadership.
The housing sector down here hit pre 2000 levels about a year or two ago and while some areas are improving it is forecasted that this metro area wont recover for another 5 plus years, and consider that some areas of the east coast have not even come close to retracing similar levels.
Obama is a bit brighter than Bush in these matters, but not by much..and I am sure the fiscal decisions being made will extend the pain but if we were "balance budget" hunting during the first 2-3 yrs of Obama, we would have been in a massive world of hurt..
Plus we have all the war debt Bush racked up to pay for, let alone any social costs Obama has added on top.
The actions of Obama wont start being his alone until the mess Bush created is cleared out and that isnt even remotely close to happening.
The crater of Bush's 8 yrs was quite severe, it might take a decade to unwind what disaster was made under his great leadership.
The housing sector down here hit pre 2000 levels about a year or two ago and while some areas are improving it is forecasted that this metro area wont recover for another 5 plus years, and consider that some areas of the east coast have not even come close to retracing similar levels.
Obama is a bit brighter than Bush in these matters, but not by much..and I am sure the fiscal decisions being made will extend the pain but if we were "balance budget" hunting during the first 2-3 yrs of Obama, we would have been in a massive world of hurt..
Plus we have all the war debt Bush racked up to pay for, let alone any social costs Obama has added on top.
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