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Not in labor force numbers. Why are they not going down?
May 5, 2019 | vanity

Posted on 05/04/2019 9:04:07 PM PDT by where's_the_Outrage?

Why are the people that quit looking for work keep increasing?

I believed that Obama falsified this numbers to get he employment rates lower. Now I fully expected Trump to use the same measures om calculating the percentages, however why with a booming economy are these numbers increasing?

From 2016: US unemployed have quit looking for jobs at a ‘frightening’ level: Survey: https://www.cnbc.com/2016/06/08/us-unemployed-have-quit-looking-for-jobs-at-a-frightening-level-survey.html

"“not in the labor force” swelled by 664,000 to a record 94.7 million Americans, according to Labor Department data."

The current numbers: 95,208 (Feb 2019) 95,577 (Mar 2019) 96,223 (Apr 2019)


TOPICS: Business/Economy; Society
KEYWORDS: employment; laborforce; unemployed
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To: AlaskaErik
I retired at 60 and could have started drawing SS three years ago, but I still haven't filed for it.

Why not?

If you can start drawing at 62 and wait until you are 65 to start it takes you something like 15 years to recoup the difference.

I am not that sure I will live that long.

41 posted on 05/04/2019 11:17:22 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: zeestephen; AndyTheBear
Is somebody who runs their own business counted in the workforce numbers?

I wouldn’t think so, because they have to pay self-employment taxes that is Social Security and Medicare Taxes (both halves)

42 posted on 05/04/2019 11:22:23 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: zeestephen

are they? doesn’t the 327M total pop include children? for the 74M kid count I used:

https://www.childstats.gov/americaschildren/tables/pop1.asp

see #35 for the employment numbers I used


43 posted on 05/04/2019 11:27:44 PM PDT by blueplum ("...this moment is your moment: it belongs to you... " President Donald J. Trump, Jan 20, 2017)
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To: Mark17

My husband and I started out strong. Catastrophic medical debt wiped us out. A ten year health battle had me working only part time during my peak earning years.

Now I’m healthy and we are back in the top income bracket; however, with one in college and two more on his heels, aggressively saving is not an option. I will never retire. I accept that these were the cards we were dealt.


44 posted on 05/04/2019 11:34:30 PM PDT by TheWriterTX (Trust not in earthly princes....)
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To: Dr. Sivana

It does not have a single thing to do with it. “Not in labor force” excludes the retired.

What it has to do with is the fact that we need to create well over 150k jobs per month just to keep up with population increase, and Obama ran well below that for 8 years. Trying to catch up on exponential growth is a difficult, time-consuming task.

One takeaway is that we still have no need for immigrant labor and could stand to get rid of all of them, legal or not.


45 posted on 05/04/2019 11:59:35 PM PDT by thoughtomator (The Clinton Coup attempt was a worse attack on the USA than was 9/11)
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To: blueplum

74 million under 18 years old is correct.

People 65+ are 15.6%.

327 X 0.156 = 51 million

You said 132 million.


46 posted on 05/05/2019 12:04:35 AM PDT by zeestephen
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To: where's_the_Outrage?
FYI, This article was published in 2016. Currently the rate seems to be at general minimum, showing some localized upward movement, perhaps an inflection point.

https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm
47 posted on 05/05/2019 12:24:10 AM PDT by ghost.of.patton (Labor Participation Rate FED Reserve)
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To: TheWriterTX
My husband and I started out strong.

That was one reason, though not the only reason, I stayed in the USAF, and tolerated all that BS that goes along with it. Medical is covered. Now, my son is two weeks from graduating from OTS, at Maxwell. He too, may very well become a career USAF Officer. He might go the same route I did. 👍

48 posted on 05/05/2019 12:54:00 AM PDT by Mark17 (What, exactly, was the "only evil continually," that was going on in the days of Noah?)
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To: Dr. Sivana

And baby boomers had small families.


49 posted on 05/05/2019 1:00:43 AM PDT by D Rider
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To: Vince Ferrer

“Women with children on welfare can get the equivalent of 60k.”

How is that possible.


50 posted on 05/05/2019 1:05:19 AM PDT by marajade (Skywalker)
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To: AlaskaErik

I thought the earliest to retire on SS was 62.


51 posted on 05/05/2019 1:07:14 AM PDT by marajade (Skywalker)
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To: where's_the_Outrage?
Foreign nationals (H1B Visas) are replacing A LOT of citizen employee's. Many of whom, especially in the IT field are then not able to find new work as a direct result of this inside outsourcing.
52 posted on 05/05/2019 1:18:04 AM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
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To: thoughtomator

Exactly


53 posted on 05/05/2019 1:20:09 AM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
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To: marajade
Here's one article:

Nationwide, our study found that the wage-equivalent value of benefits for a mother and two children ranged from a high of $60,590 in Hawaii to a low of $11,150 in Idaho. In 33 states and the District of Columbia, welfare pays more than an $8-an-hour job. In 12 states and DC, the welfare package is more generous than a $15-an-hour job.

Of course, not everyone on welfare gets all seven of the benefits in our study. But, for many recipients — particularly the “long-term” dependents — welfare clearly pays substantially more than an entry-level job.

When welfare pays better than work

54 posted on 05/05/2019 1:38:39 AM PDT by Vince Ferrer
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To: Vince Ferrer

I thought TANF was time limited to five years now?


55 posted on 05/05/2019 1:44:30 AM PDT by marajade (Skywalker)
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To: where's_the_Outrage?

Boomers retiring and lots of lazy-ass folks too used to the gravy train to want to work....


56 posted on 05/05/2019 2:20:32 AM PDT by trebb (Don't howl about illegal leeches while not donating to FR - it's hypocritical.)
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To: where's_the_Outrage?

Th volume of illegal aliens in this country has overwhelmed the government’s pencil pushers ability to produce garbage outcomes based on bogus assumptions.

So it is time to clear the slate and start over with good base numbers. First start over? A question on the 2020 census about citizenship. And employment status. The BLS should only report statistics about people who are supposed to be in this country. The illegal cockroaches should not be considered for any reasons, except cost of removal.


57 posted on 05/05/2019 2:36:41 AM PDT by Bernard (We will stop calling you fake news when you stop being fake news.)
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To: where's_the_Outrage?

One can do quite nicely on $54K a year from SS in Arizona.


58 posted on 05/05/2019 2:44:18 AM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
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To: where's_the_Outrage?

The government has made living off the tit a way of life, and it is unnecessary to work for too many people.
I haven’t really heard of anything this administration has done to slow that gravy train down.


59 posted on 05/05/2019 3:05:44 AM PDT by vpintheak (Stop making stupid people famous!)
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To: where's_the_Outrage?

The government has made living off the tit a way of life, and it is unnecessary to work for too many people.
I haven’t really heard of anything this administration has done to slow that gravy train down.


60 posted on 05/05/2019 3:07:35 AM PDT by vpintheak (Stop making stupid people famous!)
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