Quote:
Originally Posted by Vendzilla
No, it was you that always praises it, I know better, I'm concerned about the Workforce Participation rate that shows the lowest rate in almost 38 years.
It was 65.7% when Barry took office, it's now 62.8 showing over 94 million people over the age of 16 not in the workforce
Bureau of Labor Statistics Data |
Of course you know better. Sure sure.
For example, you understand the workforce participation rate has little to do with the economy, right? The workforce participation rate has been on a downward trend for the pasty forty years, while the economy has not. The workforce participation rate has to do more with the age of workers. In very simple terms, the baby boom generation is aging out of the workforce....
It's always comical how when we discuss unemployment, you want to talk about something else - the "true" unemployment rate (which has also been cut in half in the past seven years) and now the "workforce participation rate".
I don't think Obama is our savior; I just want the economy to do good.