Lucky for us that we’ve turned the corner and are on the road to recovery huh? Dang GW and the Koch brothers caused all this destruction in the country. Right? Right?
I wonder how much the graying of the workforce would affect these numbers. I think that it would reduce labor participation rate somewhat but these numbers seem almost depression rate levels. Does anybody have any stats that would take into consideration the natural reduction in labor force participation and what the rate should be during a healthy, growing economy?
Out here in the Silicon Slum I can safely tell you that labor “participation” is rather high.
Only one problem.
No Americans Need Apply.
If you’re from Southeast Asia, or China proper, no problems. Your ethnic kin and the EEOC will make sure you are employed no matter how badly you speak the English language, or how poorly you do your job, or how incompetent you really are.
Won’t even talk about the “hispanics”. If you have one on a crew...within weeks it will be the whole crew. Ethnic intimidation will take care of that.
It’s really funny to see people in the upper midwest bemoaning the lack of jobs. Yup, none there.
But out in Sunny California, lots of tech jobs now!
Just don’t expect to get one if you’re ethnic American.
None Dare Call It Discrimination.
Participation Rate hit a record low of 63.2%.
LIVz think this is a good thing¿
It is for them actually.
Entitlement driven and