Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: joesbucks
The rate should actually edge down each year as the boomers age and retire. The LFPR for prime working age - 25 to 54 - was up from 88.5% at his election to 88.9% last month (which was down from 89.3% from a few months earlier). I expect that to tick back up again next release

BLS link.

10 posted on 07/19/2018 7:10:49 AM PDT by rb22982
[ Post Reply | Private Reply | To 5 | View Replies ]


To: rb22982
While I agree, that number was influenced by boomers prior to 2017. Yet it was an atrocity.

On the other hand, this guy says older workers are working longer. https://townhall.com/columnists/stephenmoore/2018/06/26/the-state-of-the-american-worker--never-better-n2494290

14 posted on 07/19/2018 7:18:08 AM PDT by joesbucks
[ Post Reply | Private Reply | To 10 | View Replies ]

To: rb22982

Stats show the 25 to 54 rate the same as 1/2017 when Trump took office.


16 posted on 07/19/2018 7:20:27 AM PDT by joesbucks
[ Post Reply | Private Reply | To 10 | View Replies ]

To: rb22982

I would like to see the labor participation rate higher, at around 66% or so. Its been stuck since Obama, but hopefully that changes with the reduction of welfare and food stamps gibs that were from the Obama era.


40 posted on 07/19/2018 8:28:43 AM PDT by KC_Conspirator
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson