Where Are the Jobs? [labor force drop out rate]

Congressman Jim Jordan is Chairman of the Republican Study Committee ^ | Rep Jim Jordan

[DBCJR]

Democrats said their costly plan ($1.2 trillion, including interest) would “save or create” up to 4 million jobs and bring the unemployment rate down to about 6% today. The unemployment rate has not fallen below 8% at any point in the last 36 months. Furthermore, the official unemployment rate does not actually count unemployed people who have given up looking for work.

The above chart shows the “labor force participation rate.” This statistic represents the share of working-age Americans who are either employed or unemployed but looking for work. It is not a pretty picture. Only 63.7% of working-age Americans are currently in the workforce – the lowest in almost 29 years!

To put it another way, 36.3% of working-age Americans do not have a job and are not even looking.

After 3 years of failure, it’s time to try something that will work. Let’s ramp up energy production. Let’s cut away government red tape that slows down job creation. And let’s design a new tax code that is simpler, flatter, and fairer. Let’s pass the Jobs Through Growth Act, and create jobs by growing the economy – not the government.

[DBCJR]

Obama brags about lowering unemployment. Now the rest of the story.... We are at an historic low of able bodied people that are willing to work, who have not given up on a job search. Factoring in these who have dropped out, our unemployment rate is 17-20%.

[Vaduz]

Unemployment rate is 17-20% and it isn’t going to improve with Obama.
Only 10% of the jobs in the USA are manufacturing and he hasen’t created one job,his numberes are 100%BS.

[Chewbarkah]

It’s past time for people to demand that both Presidents and candidates talk gross numbers of real jobs and real total payroll, not meaningless rates.
He/she who provides sensible answers to the following, and a plan to get the job done, MIGHT deserve to be president.

1. How many people need paying jobs, making what, to resurrect the US economy? Now, break that down by categories, industries, etc.
2. What is stopping this from happening?
3. How do we stop preventing employment?

Hint: more government, dependency, employer/insurance mandates, and wealth transfer are not the answer.

[familyop]

Lay off local regulators. They’re not doing anything now but taking their high incomes and benefits from high property taxes. There are virtually no new single family houses built in most locales.

Eliminate planning and building regulations. Buyers hire private inspectors anyway.

Eliminate zoning regulations against new, tiny manufacturing starts in sparsely populated rural areas.

[Mike Darancette]

They are applying for disability in record numbers.