Quote:
Originally Posted by Rochard
Exactly. People who are not working are not counted as part of the labor force. But they are counted as part of the labor participation rate. The labor participation rate includes everyone over the age of sixteen.
AGAIN.... The labor force participation rate started to decline in 2000 when the economy was good, not when the economy went to shit or when Obama took office after the economy went to shit. You can try to blame the decline in the labor force participation rate on the economy or Obama, but this is just not correct.
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You don't know how to read do you? Honestly?. THOSE PEOPLE ARE NOT INCLUDED IN THE LABOR FORCE. Does that help?. Re-read it if you have to. "
It is important to note that we do not include people under the age of 16 in this figure. In addition, students, retirees, the disabled, homemakers, and the voluntarily idle are not counted in the labor force." Now drill that into your head.