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Thread: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

  1. #141
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Oh, and as an example, if I had put both lines on the same Y axis, the result would be:

    Which is not helpful at all to see any changes.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  2. #142
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by ocean515 View Post
    Again, I am confident with my personal experience and knowledge on the subject.
    That's great! I am very happy for you.

    More than half of the decline in participation is attributable to age.

    Why do you reply to someone who obviously doesn't care a bit about anything you have to offer?
    Here is what you originally stated:

    Quote Originally Posted by ocean515 View Post
    The youngest baby boomers aren't even 60 yet. The oldest Baby Boomers are just now reaching 65. Given the significant loss in asset values for many baby boomers, (home prices, etc.) they are putting off retirement because they don't have the potential retirement income they were hoping for.

    Perhaps you need to revisit your conclusions.
    Which was in response to Image's point:

    Quote Originally Posted by imagep View Post
    It's not an Obama issue, or even an economic one, it's an age demographic thing.
    You care enough to keep responding, and as such i will continue to offer you the opportunity to fess up to your lapse in thinking.
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  3. #143
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Kushinator View Post
    That's great! I am very happy for you.

    More than half of the decline in participation is attributable to age.



    Here is what you originally stated:



    Which was in response to Image's point:



    You care enough to keep responding, and as such i will continue to offer you the opportunity to fess up to your lapse in thinking.
    It's not that I care, I just like seeing you go to so much effort. I imagine it's much like your avatar. A curious affliction I would hazard to guess, this need for attention from words that appear on a screen.

    BTW:

    Many Baby Boomers Reluctant to Retire

  4. #144
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by justabubba View Post
    damn, and i thought it expressed a reality that the percentage of those seeking employment had declined

    i strongly suspect that had this percentage increased, you would have been in a thread castigating Obama for that indicator of economic decline
    Oh, it did decline...because more unemployed people quit looking for a job, or if they did get a job, it's a part time job.

    BTW, who was president 36 years ago; the last time the labor participation rate was this low?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  5. #145
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by ocean515 View Post
    Finally some content, although it does not less your impact as much as you would like.

    You see, i am not disagreeing with the notion that there are some baby boomers are retiring later than they would like or they have historically. I get this, and the literature i provided has identified similar evidence. It's just that the rate of this foregone retirement is not nearly enough to circumvent old age on the aggregate. So even as boomers are retiring later, they are still dropping out of the labor force enough to constitute more than half of this 3% drop since 2007.

    Hopefully this clears up any discrepancies you have with respect to this subject.
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #146
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    So once again for the 55th straight month, good news for America is bad news for the GOP and its posters.
    Good news met with every possible dishonest manipulation by the usual DP suspects defending the indefensible from the conservoright.

    Oh for the days when these same rightie posters were defending a job loss of 740,000 a month until it became Obama's job loss in Feb. 2009.
    Then GOPs lyingly gave Obama the 2.2 million job loss in Obama's first three months as on Obama's watch.
    Talk about low information voters who vote against their best interests for the GOP .
    Physics is Phun

  7. #147
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by Kushinator View Post
    Finally some content, although it does not less your impact as much as you would like.

    You see, i am not disagreeing with the notion that there are some baby boomers are retiring later than they would like or they have historically. I get this, and the literature i provided has identified similar evidence. It's just that the rate of this foregone retirement is not nearly enough to circumvent old age on the aggregate. So even as boomers are retiring later, they are still dropping out of the labor force enough to constitute more than half of this 3% drop since 2007.

    Hopefully this clears up any discrepancies you have with respect to this subject.
    But you wrote there is not a single credible study that supports my opinion. Now you're a giving it a nod?

    BTW:

    The Truth About Retirement for Baby Boomers - Real Time Economics - WSJ

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Shame on people retiring and lowering the number of folks in the work force.
    Physics is Phun

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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by ocean515 View Post
    But you wrote there is not a single credible study that supports my opinion. Now you're a giving it a nod?
    If your opinion is "age attributed to half of the decline in the labor force participation rate", i am giving it a nod.

    We have already agreed, pages ago, that boomers are delaying retirement. If this is your only opinion, why use it as a means to reject the position of someone who agrees with the bold?
    Last edited by Kushinator; 10-03-14 at 02:34 PM.
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  10. #150
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by NIMBY View Post
    Talk about low information voters who vote against their best interests for the GOP .
    It is rather interesting to watch them flail around like fish on a dry dock.
    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.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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