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U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Because I felt he did a pretty decent job with the hand he was dealt. And I didn't hear anything from Romney that gave me the impression he could do any better. And like most others, I felt Bush was more responsible for the state of the economy than was Obama.
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Of course you did because rhetoric trumps substance. Only a liberal would believe that four years later the results were still Bush's
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Umm, where did I say that was the only explanation for the drop?? :shrug: There's also a decrease due to more people going to school rather than work and there also a decrease due to more people collecting disability rather than work and there's folks entering the discouraged category and there's areas in the country where jobs truly are hard to come by.

The point is, there are many reason why the LFPR rate is dropping -- and in many cases, it's by choice.

In many cases it's because companies are outsourcing more. In many cases, it's because technology is replacing people.
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Of course it's by choice. No one is forced out of the labor force, but that's not what you posted. The argument you attempted to make has no credence...
 
Conservative said:
What you see here is liberal compassion, we have 3 million fewer employed people today than when the recession began, 500,000 dropped out of the labor force last month plus another 100,000 in Feb, we have over 6 trillion added to the debt to generate those numbers and that is a liberal success story. Wow!! Now wonder we are in a mess as liberals have such low standards
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Is it Conservative compassion to vote a 5th time for the president who nearly doubled the debt, nearly doubled unemployment, and added almost 12 million folks to the un/underemployed/discouraged column?

According to you, that is Conservative success. :applaud
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

AlabamaPaul said:
Of course it's by choice. No one is forced out of the labor force, but that's not what you posted. The argument you attempted to make has no credence...
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Try and pay attention. The post I responded to was talking about baby boomers.

That is what I responded to. It's not my fault that you took my post to mean something other than what I posted.

Again, I never said retiring baby boomers are the only reason for the LFPR drop. But there is no question that is one of the factors contributing to driving it down.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Conservative said:
Of course you did because rhetoric trumps substance. Only a liberal would believe that four years later the results were still Bush's
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So says the poster who supported only the second president in U.S. history, other than Herbert Hoover, to add 12 million people to the un/underemployment line. :roll:

Cry me a river, Con.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Try and pay attention. The post I responded to was talking about baby boomers.

That is what I responded to. It's not my fault that you took my post to mean something other than what I posted.

Again, I never said retiring baby boomers are the only reason for the LFPR drop. But there is no question that is one of the factors contributing to driving it down.
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You posted the response. How else is it supposed to be taken, unless you change your responses based on the criteria you noted? I'll ask you once again. If there are so many retiring that you believe are contributing to the decrease in the LPR, where did the jobs they left go?
 
Sheik Yerbuti said:
Is it Conservative compassion to vote a 5th time for the president who nearly doubled the debt, nearly doubled unemployment, and added almost 12 million folks to the un/underemployed/discouraged column?

According to you, that is Conservative success. :applaud
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You have a bad case of BDS as well as a selective memory.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

AlabamaPaul said:
You posted the response. How else is it supposed to be taken, unless you change your responses based on the criteria you noted? I'll ask you once again. If there are so many retiring that you believe are contributing to the decrease in the LPR, where did the jobs they left go?
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All that was in the post I responded to was about baby boomers. So I responded to the point about baby boomers. Just because I didn't mention any of the other reasons for the decline in that particular post does not translate into me claiming that retiring baby boomers represent 100% of the decline.

What part of that is confusing you?
 
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Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
All that was in the post I responded to was about baby boomers. So I responded to the point about baby boomers. Just because I didn't mention any of the other reasons for the decline in that particular post does not translate into me claiming that retiring baby boomers represent 100% of the decline.

What part of that is confusnig you?
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Yes, you did later attempt to clarify, but it made no sense either. Why are you avoiding the basic question?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pbrauer said:
Yeah, I've made that mistake before, but the rate for college age people are way down (-17%). And yet again, you make a partisan unsubstantiated claim. Also, a person can be considered employed by working as little as 1 hour a week and volunteer jobs are also counted.
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Do you deny that labor force participation is at an all time low? BHO would preside over 10% unemployment if he had not succeeded in driving so many people out of the work force.:roll:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Not because more aren't retiring, but because more people are entering the age of retirement than ever before. Also, for the first time since the baby boom generation began, more of the baby boomers are dying off, shrinking that age range in population and increasing the LFPR of those 65 and older who remain employed.
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Interesting but beside the point. The important fact is that labor force participation is at an all time low, the only reason BHO is not presiding over 10% unemployment.:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

AlabamaPaul said:
Yes, you did later attempt to clarify, but it made no sense either. Why are you avoiding the basic question?
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Your question is based on the false premise that my belief is that their jobs are not being replaced.

In many cases, their jobs are being replaced by others younger than them with enough experience to replace them; who in turn, are then replaced by others even younger. And so on. The jobs not being replaced at a pace fast enough to increase the LFPR are in the youngest category, who are by and large, choosing school.
 
Conservative said:
It really is too bad that you have such a poor understanding of leadership and personal responsibility. Of course you won't see any of that from Obama
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Again ... so sayeth the supporter of the president who nearly doubled the debt, nearly doubled unemployment, and added almost 12 million folks to the un/underemployed/discouraged column?

Apparently, that's your idea of leaedership. Though you may be right in that regard as Bush did lead the economy right into the toilet.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Do you deny that labor force participation is at an all time low?
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Do we really need more evidence of your delusions?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Your question is based on the false premise that my belief is that their jobs are not being replaced.

In many cases, their jobs are being replaced by others younger than them with enough experience to replace them; who in turn, are then replaced by others even younger. And so on. The jobs not being replaced at a pace fast enough to increase the LFPR are in the youngest category, who are by and large, choosing school.
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Better to stay in school and live off mom & dad if there are no jobs to be had. Maybe that's why so many boomers are still working?:cool:
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
Your question is based on the false premise that my belief is that their jobs are not being replaced.

In many cases, their jobs are being replaced by others younger than them with enough experience to replace them; who in turn, are then replaced by others even younger. And so on. The jobs not being replaced at a pace fast enough to increase the LFPR are in the youngest category, who are by and large, choosing school.
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So, it's your contention, that choosing schooling is the driver for the LPR? How do you explain the unemployment rate? I'm finding it difficult to keep track of the excuses given for our current, poor economic performance...
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Do you deny that labor force participation is at an all time low? BHO would preside over 10% unemployment if he had not succeeded in driving so many people out of the work force.:roll:
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No, wouldn't deny that at all, but that because of demographics, it looks like more collage aged people are going to school. What is your evidence he is driving people out the work force?
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Jack Hays said:
Better to stay in school and live off mom & dad if there are no jobs to be had. Maybe that's why so many boomers are still working?:cool:
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Oh? How many baby boomers 65 and over do you suppose there are with kids still in school?
 
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Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

AlabamaPaul said:
So, it's your contention, that choosing schooling is the driver for the LPR? How do you explain the unemployment rate? I'm finding it difficult to keep track of the excuses given for our current, poor economic performance...
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I really can't help that you can't follow. But as already stated, there are multiple reasons for why the LFPR is dropping. I listed a bunch of those reasons more than a few posts ago. I did see a study which sought to show that almost half of the decline in the LFPR is due to retiring baby boomers.
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

pbrauer said:
No, wouldn't deny that at all, but that because of demographics, it looks like more collage aged people are going to school. What is your evidence he is driving people out the work force?
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You should deny it because it's flat-out false.

lfpr.jpg
 
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

Sheik Yerbuti said:
I really can't help that you can't follow. But as already stated, there are multiple reasons for why the LFPR is dropping. I listed a bunch of those reasons more than a few posts ago. I did see a study which sought to show that almost half of the decline in the LFPR is due to retiring baby boomers.
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Oh, I'm trying to follow your "logic", but you have failed to explain why if retiring baby boomers are the cause of the the low LPR, there is not a widespread labor shortage in the country? You see, you cannot explain each with the same reasoning...
 
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