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- Sep 23, 2011
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Re: Sessions: 'For Every One Job Added, Nearly 5 People Left the Workforce'
This has been predicted for decades as the Boomers leave the markets.
For example...lets look at the age group 16 to 24 and 25 to 54. That's pretty much "working age".
In the age group 16 to 24
1992-66%
2012-54%
The biggest drop has been ages 16 to 19 from 51%('92) to 34%('12)
In 25 to 54...the bulk of "working age" individuals.
83.6% ('92) to 81.4% ('12).
Definitely a drop but not anything mind blowing.
Folks, we can't keep this up, the numbers released by the Obama administration after 5 years of failed policies and smoke and mirrors are damning. 92 million outside the workforce. The jobs added are crap. This is what the democrat party gets us. Take a look at these trends.
People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels | Zero Hedge
This has been predicted for decades as the Boomers leave the markets.
For example...lets look at the age group 16 to 24 and 25 to 54. That's pretty much "working age".
In the age group 16 to 24
1992-66%
2012-54%
The biggest drop has been ages 16 to 19 from 51%('92) to 34%('12)
In 25 to 54...the bulk of "working age" individuals.
83.6% ('92) to 81.4% ('12).
Definitely a drop but not anything mind blowing.