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

  1. #511
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump


    Of course, California also leads the country in millionaires.

    Which States Have the Most Millionaires?*|*Reboot Illinois


    Given that fact, perhaps I can interpret your post as a concern about income inequality?

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

    Quote Originally Posted by beefheart View Post
    Yes it is, expect the usual suspects to try to minimize the good news...
    I wouldn't call creating a "bubble" economy good news.... It may be good news for those who have jobs that are on the inside of the bubble but that does absolutely NOTHING for the millions of unemployed outside of that bubble.

    Watch GDP drop significantly while progressives spout their 5.9% unemployment rate...

    Remember unemployment rate is measured by those currently receiving unemployment benefits divided by those presently employed... So if you aren't receiving unemployment benefits or don't have current employment - you don't factor into to their deceptive numbers.

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

    Quote Originally Posted by upsideguy View Post
    Of course, California also leads the country in millionaires.

    Which States Have the Most Millionaires?*|*Reboot Illinois


    Given that fact, perhaps I can interpret your post as a concern about income inequality?

    Oh there is no doubt it does.

    Thats what Progressive policies do. They create huge wealth disparities and target the middle classes discretionary income.

    The rich get richer and the poor stay poor.

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

    BTW, did I mention that since Obama took office, by my calculations, 1,001,000 less Americans under 55 are employed...but 5,417,000 more Americans over 55 are employed!?!

    I did?

    Okay.


    BTW, once again, I am neither Dem nor Rep.

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

    Quote Originally Posted by DA60 View Post
    BTW, did I mention that since Obama took office, by my calculations, 1,001,000 less Americans under 55 are employed...but 5,417,000 more Americans over 55 are employed!?!

    I did?

    Okay.


    BTW, once again, I am neither Dem nor Rep.
    Probably because of something like there being millions more Americans over the age of 55 than there were wen O' took office. I don't think that's surprising, we have an aging population.

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    ...I'm not interested in debating someone who is trolling for an argument....
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by imagep View Post
    Probably because of something like there being millions more Americans over the age of 55 than there were wen O' took office. I don't think that's surprising, we have an aging population.

    I think it is very surprising.

    The population below 55 is not shrinking, it is growing as well (though not nearly as fast)...yet there are over 1 million less of them employed. And it is 25-54 that are the economic heart of America. Yet that group ALONE has lost over 1 million employed.

    This administration has had 5 1/2 years and has raised the national debt by about 60% and what does America have to show for it?

    1 MILLION less people employed in the all important 25-54 age range and millions and millions more people on food stamps.

    That sounds like a TERRIBLE return on the investment to me...and I am not even a conservative.

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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 boomers make up a large portion of the labor market. Which is expected, given that they are roughly 1/4 of the total U.S. population. It would do us all a favor if you would educate yourself a bit more about this particular demographic.

    You lack the ability to critique the White House study on worker participation, so you misuse discrete data by making unsubstantiated claims. The current population of those ages 55 and over is 85.18 million. The number of workers ages 55 and over is 33.97 million.

    Meaning, roughly 60% of those ages 55 and over are not in the labor force. Since 2002, there have been an additional 14 million people ages 55 and over in the labor force, even though the population for this demographic has increased by 25 million.

    For the next 15 years, their will be an average of 10,000 boomers retiring every day. That's 3.65 million per year, or roughly 14 million since 2011. Interestingly enough, there have been an additional 3 million people ages 55 and over enter the labor force in that same time frame.

    We already know you lack the courage to admit when you are wrong.



    You are citing a demographic of 55 and older.

    The retirement age for most is about 65.

    Does you source have a demographic for 65 and older?
    I am not of the mind that a man is either of science or of religion. At his best and his worst, man exists in the misty glimmering where the falling angel meets the rising ape. That he chooses a direction from that point defines him as human.

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

    Quote Originally Posted by imagep View Post
    Probably because of something like there being millions more Americans over the age of 55 than there were wen O' took office. I don't think that's surprising, we have an aging population.




    Obama care will probably help with this problem.
    I am not of the mind that a man is either of science or of religion. At his best and his worst, man exists in the misty glimmering where the falling angel meets the rising ape. That he chooses a direction from that point defines him as human.

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

    Quote Originally Posted by imagep View Post
    Probably because of something like there being millions more Americans over the age of 55 than there were wen O' took office. I don't think that's surprising, we have an aging population.


    Looks like the slowly increasing number of those under 55 will have their work cut out for themselves supporting us old fogies about to retire.

    http://www.tradingeconomics.com/unit...tes/population



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    I am not of the mind that a man is either of science or of religion. At his best and his worst, man exists in the misty glimmering where the falling angel meets the rising ape. That he chooses a direction from that point defines him as human.

  10. #520
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    Re: Jobless Rate in US Falls to 5.9% in September, Payrolls Jump

    Quote Originally Posted by code1211 View Post
    Looks like the slowly increasing number of those under 55 will have their work cut out for themselves supporting us old fogies about to retire.

    United States Population | 1900-2014 | Data | Chart | Calendar | Forecast



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