Yep, that's right, it is just the way it is. You can't blame it on politics. You can't blame it on the government sucking too much money out of the economy to try to pay for its social programs. You can't blame it on government rules and regulations that increase the costs of doing business. You can blame it on the government that says banks need to give loans that they know can't be paid back because everyone should have a home.
Get over it. Just accept this as the way things are supposed to be and accept being a subject of the new class.
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Originally posted by sh76Mostly losses in the public sector again. I know this is going to seem partisan, but really, I think our tax rates may be far too low for a modern economy.
http://online.wsj.com/article/SB10000872396390443686004577637191324704890.html
6th consecutive month of lackluster job growth.
🙁
Originally posted by sh76In the last year, the private sector has added almost 2 million jobs (http://www.bls.gov/news.release/empsit.t17.htm) and the unemployment rate has fallen from 9.1% to 8.1% . That doesn't look too shabby.
http://online.wsj.com/article/SB10000872396390443686004577637191324704890.html
6th consecutive month of lackluster job growth.
🙁
Originally posted by KunsooGiven the fact that Democrats had every opportunity to raise taxes and didn't, that doesn't sound very partisan. "Reasonable" or "informed" might be better descriptions.
Mostly losses in the public sector again. I know this is going to seem partisan, but really, I think our tax rates may be far too low for a modern economy.
Originally posted by no1marauderHow much of the employment rate increase was due to people no longer being counted since they've been unemployed for too long?
In the last year, the private sector has added almost 2 million jobs (http://www.bls.gov/news.release/empsit.t17.htm) and the unemployment rate has fallen from 9.1% to 8.1% . That doesn't look too shabby.
Read up on it here: http://www.dailymail.co.uk/news/article-2199815/Obamas-DNC-2012-speech-Bleak-unemployment-numbers-morning-Obama-tells-DNC-problems-solved.html
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Originally posted by EladarKids went back to school; good place for them. Civilian labor force participation dropped by about 1 million in the age group 16-19.http://www.bls.gov/news.release/empsit.t01.htm
How much of the employment rate increase was due to people no longer being counted since they've been unemployed for too long?
Read up on it here: http://www.dailymail.co.uk/news/article-2199815/Obamas-DNC-2012-speech-Bleak-unemployment-numbers-morning-Obama-tells-DNC-problems-solved.html
Originally posted by EladarThe number of long term (over 27 weeks) unemployed dropped by over 200,000.http://www.bls.gov/news.release/empsit.t12.htm
How much of the employment rate increase was due to people no longer being counted since they've been unemployed for too long?
Read up on it here: http://www.dailymail.co.uk/news/article-2199815/Obamas-DNC-2012-speech-Bleak-unemployment-numbers-morning-Obama-tells-DNC-problems-solved.html
Originally posted by EladarThe number of "discouraged workers" defined as " Includes those who did not actively look for work in the prior 4 weeks for reasons such as thinks no work available, could not find work, lacks schooling or training, employer thinks too young or old, and other types of discrimination" has declined by over 13% in the last year. http://www.bls.gov/news.release/empsit.t16.htm
How much of the employment rate increase was due to people no longer being counted since they've been unemployed for too long?
Read up on it here: http://www.dailymail.co.uk/news/article-2199815/Obamas-DNC-2012-speech-Bleak-unemployment-numbers-morning-Obama-tells-DNC-problems-solved.html
Originally posted by no1marauderHas the private sector American workforce grown since 2008 ?
The number of "discouraged workers" defined as " Includes those who did not actively look for work in the prior 4 weeks for reasons such as thinks no work available, could not find work, lacks schooling or training, employer thinks too young or old, and other types of discrimination" has declined by over 13% in the last year. http://www.bls.gov/news.release/empsit.t16.htm
Originally posted by utherpendragonSlightly by 455.000.http://data.bls.gov/pdq/SurveyOutputServlet
Has the private sector American workforce grown since 2008 ?
If you look at the figures, private sector employment bottomed out in February 2010. Since then the economy has added 6.8 million private sector jobs.
Originally posted by no1marauderAccording to http://data.bls.gov/timeseries/LNS11300000/
Slightly by 455.000.http://data.bls.gov/pdq/SurveyOutputServlet
If you look at the figures, private sector employment bottomed out in February 2010. Since then the economy has added 6.8 million private sector jobs.
the labor force participation rate dropped from 66.2 percent at the start of 2008 to 63.5 as of August 2012
Originally posted by utherpendragonThat's not what you asked. The figures I gave are accurate in response to your question.
According to http://data.bls.gov/timeseries/LNS11300000/
the labor force participation rate dropped from 66.2 percent at the start of 2008 to 63.5 as of August 2012
I'm not sure why you use the "start of 2008" for "labor force participation". In any event, the population is getting older and more kids are going to college. Labor force participation is back to Reagan era levels which may be a good thing.