RATED FALSE!! Reality Check: Trump on 96 million out of the job market (LIED during "news" conf)
Other items included also
Trump news conference: CNN's Reality Check team vets the claims
By CNN's Reality Check Team
Updated 3:00 PM ET, Wed January 11, 2017
(CNN)President-elect Donald Trump on Wednesday held his first news conference since winning the election, and CNN's Reality Check Team vetted his statements.
Employment[/Reality Check: Trump on 96 million out of the job market
http://www.cnn.com/2017/01/11/politics/donald-trump-news-conference-fact-check/index.html
By Patrick Gillespie and Tami Luhby, CNN
Trump cited a false statistic to cast the job market as weaker than it truly is.
"Ninety-six million really wanting a job and they can't get. You know that story. The real number. That's the real number," he said in defense of his plan to implement a border tax to keep American companies from moving jobs outside the US.
Here's the real deal on that stat: Some 93.8 million people are not in the labor force, but the vast majority of them don't want a job, according to the most recent quarterly data from the Atlanta Federal Reserve. Some 44 million are retired, 15.3 million are disabled, 13.3 million are taking care of a family member and another 13.2 million are in college or job training. They are listed as not wanting a job.
.................
What is the 'real' unemployment rate?
A wider measure of unemployment includes people who've left the labor force but want a job, and part-timers who want full-time positions. Altogether, these three types of job-seekers total about 16 million, according to Bureau of Labor Statistics data.
Because 16 million is a far cry from 96 million, we rate Trump's claim as false.
= new reply since forum marked as read
I keep hearing this sad talking point from right wingers . Here is an earlier debunking of this idiotic talking point https://www.washingtonpost.com/news/fact-checker/wp/2016/09/16/trumps-absurb-claim-that-92-million-americans-represent-a-nation-of-jobless-americans/?tid=pm_politics_pop_b
“Right now, 92 million Americans are on the sideline outside of the workforce, and they’re not a part of our economy. It’s a silent nation of jobless Americans.”
— Donald Trump, speech to the Economic Club of New York, Sept. 15, 2016
Trump is grabbing onto a GOP talking point that first emerged in 2014 when the official unemployment rate starting falling below 7 percent. (It is now 4.9 percent.) Republicans started citing a decline in the labor participation rate, which has occurred largely because the baby boom generation has begun to retire.
But here, Trump expresses the rate as a raw number (“92 million Americans”) and then amps up the rhetoric by referring to a “nation of jobless Americans.” But this is rhetorical poppycock, as we will demonstrate.....
The Pinocchio Test
As you can see, it is absurd to claim that 94 million Americans are on the sidelines of the economy and are part of a “jobless America.” You can’t be jobless if you don’t want a job.
Only a small percentage of these people want a job, as the rest are retired, in school, on disability or caring for children. No matter how much Trump wants to suggest the economy is on the rocks, the fact remains that the unemployment rate is below 5 percent — which is pretty good by any measure.
Four Pinocchios
