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

To: LucianOfSamasota

“But employment has decreased steadily since Obama has been President in any event, which means the number of unemployed has been steadily going up, despite the dubious machinations of ‘unemployment’ reporting methods (see link below).”

I don’t know why you stopped at Obama. If you change the timeframe of the chart you linked to to also encompass years prior to Obama you’ll see that labor force participation has been steadily declining since the year 2000 and really took a nosedive during the Great Recession.


14 posted on 02/25/2013 1:02:18 PM PST by ksen
[ Post Reply | Private Reply | To 7 | View Replies ]


To: ksen

Not really.

The graph peaks in 1999 or so, stays steady until 2001, then drops for three years or so until 2004.

Again, the graph levels out until the end of 2008, then nosedives at twice the previous rate, dropping 2 1/2 percentage points in three years as opposed to the 1% observed form 2001 - 2004.

In fact, if you run the chart all the way back to the beginning (1948), this is the most remarkable, startling and precipitous drop in employment since records have been kept.

To restate: There has never been a drop like this in our lifetime, certainly not since WWII.

And THAT is a pretty good reason to stop at Obama.


23 posted on 02/25/2013 2:54:05 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
[ Post Reply | Private Reply | To 14 | 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