Posted on 10/22/2014 12:07:47 PM PDT by Rusty0604
Paid leave will improve the nation's labor participation rate, currently at record lows, Labor Secretary Tom Perez said on Monday.
"It is a sleeper issue that will sleep no more," Perez told a gathering at the National Press Club.
"Every first Friday of the month, the most frequently asked question I get, 'What can you do, Tom, to increase labor force participation?' Well, let's talk about paid leave and let's compare the United States with Canada," Perez said.
"The labor force participation rate of women ages 25 to 54 in the year 2000 in the U.S. and Canada was virtually identical. Today, Canada is ahead of us by roughly 8 percentage points, in large measure because they have generous paid leave laws and they provide affordable access to affordable child care.
In September, the Congressional Budget Office reported that "most of the decline" in the labor force participation rate since 2007 is attributable to "long-term trends, especially the aging of the population," as well as the "slow recovery of the labor market that led workers to become discouraged and permanently drop out of the labor force."
In other words, the jobs simply weren't there, whether they offered paid leave or not.
The CBO report says nothing about the lack of paid leave being a drag on labor force participation.
In his speech, Perez also lobbied for a higher minimum wage, immigration reform, and labor unions.
(Excerpt) Read more at cnsnews.com ...
making hiring people more expensive and burdensome is going to create jobs?
lol
Um... no.
Labor secretary obviously has the IQ of an ashtray.
Why is the cure for liberalism always more liberalism?
Welcome to Newspeak. Up is now down. Good is bad. Doing nothing is work.
I was looking for the satire tag. I guess our Labor Secretary is dumber than a bag of hammers.
So, to increase employment you just offer people a job where they get paid for not working. Boy, what a stroke of genius.
“In his speech, Perez also lobbied for a higher minimum wage, immigration reform, and labor unions.”
That about sums it up.
Yup. Liblogic. Less people working=more people working. Must be common core training kickin’ in. It’s not the answer that counts, it’s the journey it took to get to the answer. HUH?
Voila! The labor participation rate improves! Genius!
uhhh....the labor participation rate in Canada is higher because Stephen Harper can run rings around Obama when it comes to knowledge of economics. Not because of the additional benefit.
so.... Mooching
Liberals live in a fantasy land where none of their policies ever have negative effects.
Gotta hand it to a liberal....they’ll come up with some specious BS every time. Rain or shine. Just a labor version of the Broken Window fallacy.
Step 1. Collect the underpants.
Step 2. ##$%$@@^^*& ??
Step 3 Profit!
I guess I must have missed the satire alert.
If we limit the program to government numbskulls like him and make them promise they will never work ever again, we might actually come out ahead on this plan.
...because forcing businesses to pay people who aren’t working encourages them to hire more workers.
Help me, John Galt!
Another flaming idiot.
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