94,044,000 Americans Not in the Labor Force

[_ajax18]

This statistic was plenty disturbing as well. 1/6 men ages 25-54 are not working.

http://www.brookings.edu/blogs/up-front ... men-wessel

In one out of five American families, nobody has a job.

http://theeconomiccollapseblog.com/arch ... -has-a-job

[_Some Schmo]

What... ajax not answering another direct question? The devil, you say?!

[_Kevin Graham]

This statistic was plenty disturbing as well. 1/6 men ages 25-54 are not working.

http://www.brookings.edu/blogs/up-front ... men-wessel

In one out of five American families, nobody has a job.

http://theeconomiccollapseblog.com/arch ... -has-a-job

And how many of those "families" are simply retired couples living off their retirement? Baby boomers are retiring in record numbers and there are 60 million folks on Social Security alone now. Your source says there are 16 million families without anyone employed, which isn't surprising. All you're doing is spinning the same data in a different way to ignore the obvious. There is nothing to be "disturbed" about here.

Here is the part where you ignore the facts for a millionth time and then come back with another Brietfart piece talking about the same crap.

[_Themis]

What... ajax not answering another direct question? The devil, you say?!

It's why no one really takes him seriously.

[_just me]

What... ajax not answering another direct question? The devil, you say?!

It's why no one really takes him seriously.

It's times like this I begin to believe he's simply trolling us.

[_Brackite]

I decided to bump this thread back up after Ajax/"Maxine" recently stated here:
"Make sure to get out the vote in 2020 so we can fundamentally transform this country from a working economy with a high labor participation rate back to a pick your check up in the mail welfare collecting economy." - Link

But there are still over 95,000,000 Americans not in the labor force, and the labor participation rate is just slightly higher it is now than when President Obama left office.

2016:
Nov. 62.7%
Dec. 62.7%

2018:
Nov. 63.2%
Dec. 63.2%

https://data.bls.gov/timeseries/LNS11300000


There was a good article about this subject on CNN.com from a couple of years ago.

The number of Americans out of the workforce is misleading as a gauge of who is and isn't working.

For example, retired people are out of the workforce. They're not counted in the unemployment rate because they don't want a job. The same is true of tens of millions of Americans who are in school, or can't work because they are disabled.

https://money.cnn.com/2018/01/10/news/e ... index.html

[_Icarus]

So there are more Americans not working now than there were under Obama.

[_Brackite]

So there are more Americans not working now than there were under Obama.

There are slightly more Americans out of the labor force now than when Obama left office.

December of 2016: 95,031,000
December of 2019: 95,625,000

https://data.bls.gov/timeseries/LNS15000000

[_honorentheos]

That number is going to keep growing as more baby boomers move into retirement. But as I noted to Ajax in the other thread, there is an increase in the percentage of people over retirement age in the work force compared to previous generations as well. More and more people are working into their mid 70s. This corresponds with a lower percentage of people under 24 and even in the prime employment years from 25 through 55 when compared to pre-recession numbers. Big picture, the economy looks different from 2008-10 onward compared to before 2008. The period between 2008 and 2010 included high unemployment but typical labor participation demographics. But they shifted in that period to lower overall participation, and changes in the participation by age category.

[_moksha]

Boomer increases make up for a decrease in kids. By 2050 most of the boomers will have died out. Many areas of the world will have vastly decreased populations due to climate change. A number of affluent Republicans will have moved to Galt Island, which they will have renamed Shangrila. Fights will still break out over who owns the breathable atmosphere on the island.