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Thread: Jobs recovery suffers setback in March

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by j-mac View Post
    Liberal/Progressive Utopia

    Attachment 67125550


    j-mac
    Is that Detroit?

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    Re: Jobs recovery suffers setback in March

    I asked for data to support his claim that unemployment is 8.2 percent higher then it was under any point during the Bush administration. Your link not only doesn't support that claim it also conveniently ignores the fact that the 1.2 million "correction" in the work force was apparently due largely to a census adjustment.
    Last edited by a351; 04-08-12 at 10:32 PM.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    Is that Detroit?
    Obamaville. Prolly a community organizer down there somewhere too.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hare View Post
    I asked for data to support his claim that unemployment is 8.2 percent higher then it was under any point during the Bush administration. Your link not only doesn't support that claim it also conveniently ignores the fact that the 1.2 million "correction" in the work force was apparently due largely to a census adjustment.

    Sorry, misunderstood what you wanted.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Eighty Deuce View Post
    Obamaville. Prolly a community organizer down there somewhere too.

    LOL...I'm sure

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Rapunzel52 View Post
    Sorry, misunderstood what you wanted.
    Sure you did.

    The fact is that the unemployment rate now is almost exactly what it was when Shrub left office.

    Yes, the labor force participation rate has declined, and some of that is due to the economy. But a lot of it is due to the baby boomers hitting retirement age ... something I don't think the President has much control over.
    In 2011 The Baby Boomers Start To Turn 65: 16 Statistics About The Coming Retirement Crisis That Will Drop Your Jaw
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by AdamT View Post
    Sure you did.

    The fact is that the unemployment rate now is almost exactly what it was when Shrub left office.

    Yes, the labor force participation rate has declined, and some of that is due to the economy. But a lot of it is due to the baby boomers hitting retirement age ... something I don't think the President has much control over.
    In 2011 The Baby Boomers Start To Turn 65: 16 Statistics About The Coming Retirement Crisis That Will Drop Your Jaw

    There are not enough boomers to account for what you said above. Numbers are something like 20K per week get to retirement age while population growth adds about 150K per month. Also with savings depleted it is reasonable to suspect that many boomers are not willingly retiring at age 65.

    Why can't folks on this site be a but honest. People fall of the employment rolls when their unemployment benefits expire. Also there are many who work in construction and related industries that fall in to the discouraged worker category as there are no jobs to be had for people with their skills.

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by washunut View Post
    There are not enough boomers to account for what you said above. Numbers are something like 20K per week get to retirement age while population growth adds about 150K per month. Also with savings depleted it is reasonable to suspect that many boomers are not willingly retiring at age 65.

    Why can't folks on this site be a but honest. People fall of the employment rolls when their unemployment benefits expire. Also there are many who work in construction and related industries that fall in to the discouraged worker category as there are no jobs to be had for people with their skills.
    Wow, talk about honesty problems!

    I just cited an article stating that, beginning last year, about 10,000 baby boomers retire per DAY, and you fire off, "[n]umbers are something like 20K per week get to retirement age...." Further, I didn't say that the decline was ALL due to baby boomers. I said that some of it was due to the economy. Honesty....

    Is it *mostly* the slow recovery?

    Not so, says the macro-economic team at Barclays. They ran models showing that demographics, and especially retirement amongst baby boomers, has played a larger role in pushing the labor participation rate down than other factors have. “Only about a third of the drop in the labor force participation rate is accounted for by those who say they want a job, and only about 15% by those who want a job and are also of prime working age – i.e., between 25-54,” says the report issued Thursday. What’s more, historically, re-entrants into the labor force haven’t really played much of a role in changing the unemployment numbers.

    Read more: A Barclays report suggests that the recent decline in the labor participation rate has more to do with demographics than discouraged workers | Business | TIME.com
    Baby Boomers And The Declining Labor Force Participation Rate - Seeking Alpha

    Baby Boomers and the Labor Force : CJR

    Aging Baby Boomers Reduce Jobless Rate: Matus - Bloomberg

    Baby Boomers responsible for lower employment participation rate - National baby boomer | Examiner.com
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Navy Pride View Post
    [/B]

    Sure your not..........
    Socialist and liberal two different ideologies.


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    Re: Jobs recovery suffers setback in March

    Quote Originally Posted by Hare View Post
    I asked for data to support his claim that unemployment is 8.2 percent higher then it was under any point during the Bush administration. Your link not only doesn't support that claim it also conveniently ignores the fact that the 1.2 million "correction" in the work force was apparently due largely to a census adjustment.
    what I sais was when Hussein Obama took over unemployment was at 7%...It never got higher under GWB...In fact during his time as prez it was closr to 4%
    "God Bless Our Troops in Harms Way."

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