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TexasBushwhacker

(21,182 posts)

25. The labor participation rate always needs to be taken in context

Reply to mobeau69 (Original post)

Wed Jan 11, 2017, 11:32 PM

Jan 2017

1. I would hope most 16 to 19 year olds still enrolled in high school would NOT be part of the labor force. The same could be said for 19+ young people enrolled full time in college or trade school. School is their full time job. Having more young people in school full time instead of the workforce is a good thing.

2. Baby Boomers started turning 65 five years ago at a rate of 10K A DAY and will continue to for another 13 years. If seniors can enjoy their retirement without working, that's supposed to be a good thing.

3. The labor participation rate hit a low of 58.1% in 1954. Most consider the 50s as a strong economic period. If families were able to survive on a single income, it was considered a good thing. Has that standard changed?

http://www.tradingeconomics.com/united-states/labor-force-participation-rate

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Highlight:

Donald Trump's colossal error on jobs during his press conference [View all] mobeau69 Jan 2017 OP

Even some RW fkrs like CNBC will hopefully start calling out the lies......n/t HAB911 Jan 2017 #1

It's not an error its a deliberate fucking lie Generator Jan 2017 #2

Yep Pacifist Patriot Jan 2017 #6

Hey big sky guy! machoneman Jan 2017 #24

Well, let's use it against him when he can't make a dent in the 96 million jobs he says are needed. Thor_MN Jan 2017 #13

Yes . His kompromat manufacturers know it'll work too. Hortensis Jan 2017 #15

Trump Supporters say.... Jacob Boehme Jan 2017 #3

then Kellyanne Conway will chime in with... They_Live Jan 2017 #4

No no, They_Live, those numbers came from his heart, see? And apparently, Leghorn21 Jan 2017 #7

I'd estimate there's probably something like 10M Americans who want a job anarch Jan 2017 #5

K & R SunSeeker Jan 2017 #8

His and the other right-wingers' lies are reason so many of his supporters are delusional wishstar Jan 2017 #9

Their bald face lies about Obamacare make me sick. mobeau69 Jan 2017 #10

Yeah. This again. mahatmakanejeeves Jan 2017 #11

Excellent resources. Unfortunately Trump and his cronies Dark n Stormy Knight Jan 2017 #23

They are going to need to create a FACT CHECK ticker BumRushDaShow Jan 2017 #12

We'll have to reopen all the closed coal-burning plants, as mahatmakanejeeves Jan 2017 #14

Plus add some new nuke plants too BumRushDaShow Jan 2017 #17

And that's how we'll bring back those coal mining jobs. NT mahatmakanejeeves Jan 2017 #18

Method to the madness and a means to an end... BumRushDaShow Jan 2017 #20

running down all of Trump's lies is going to be exhausting RussBLib Jan 2017 #16

On the contrary. It might be the fastest growing mahatmakanejeeves Jan 2017 #19

He used this meme many times during the campaign and every time has been swarmed on by progree Jan 2017 #21

It stops being the right number on Jan 20. onenote Jan 2017 #22

The labor participation rate always needs to be taken in context TexasBushwhacker Jan 2017 #25