You are wrong. People of retirement age are still eligible to work.

The labor participation rate is based on the entire population. This is on a downward trend because our population is getting older. The labor participation rate will continue it's downward trend no matter who is in office or how the economy does.

What you are talking about is the prime working-age population workforce participation rate, which is reveals a different picture. This was 65% in the 1950s, rose to 84% in 2000, dropped to 80% in 2005, and has since gone up slightly to 81%.

All of this is really just common sense. The labor participation rate started to decline long before Obama took office, and long before the economy took a crap. This started in 2000.

Read up: Declining Labor Participation Rates

I disagree with you.

Your link says the following:

While studying employment, another important figure to determine is the labor force participation rate. Here, we compare the size of the labor force with the number of people that could potentially be a part of the labor force. 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.

This means students, retirees, the disabled, homemakers, and the voluntarily idle are not counted in the labor force - but are included in the general population.

Your link then says:

The labor force as the percentage of the total population over the minimum working age is called labor force participation rate.

It does not say "total population over the age of 16 minus students, retirees, etc.

Labor Force Participation Rate

While studying employment, another important figure to determine is the labor force participation rate. Here, we compare the size of the labor force with the number of people that could potentially be a part of the labor force. 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. The labor force as the percentage of the total population over the minimum working age is called labor force participation rate.

[url=http://www.econport.org/content/handbook/Unemployment/Define.html[/url]

This is why it's called the baby boomer generation. They made a lot of babies. Those babies are now at retirement age.

Who for the most part are not counted in the participation rate. Those on Social Security I'm not sure about? Retirees are not..

They did change how participation rate was figured for sure during Obama's Admin. I haven't been able to find what they changed.... One thing is for sure, they didn't add retirees. Those people already did their time. No reason to include...

You're grasping at straws. We are talking labor force of which they aren't included. Obviously everybody is included in total population.

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.

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.

Exactly. Obviously everyone is included in the total population. (Really everyone over the age of sixteen.)

Retired persons are not included in the labor force because they are not working. But they are included in the total population.

From the link you gave us earlier: http://www.econport.org/content/hand...nt/Define.html

Labor Force Participation Rate = (Labor Force / Total Population over Age 16) * 100

Retired, students, and disabled (etc) are included in the total population. They are not included in the labor force because they are not working.

HOLY SHIT ROCHARD.. Of course everybody is included in total population. That's what makes it the total population. They aren't included in the LABOR FORCE which is what they divide the total population by... Damn do I really have to teach you something so elementary? Or are you just playing dumb to try and make yourself look smart? Seriously. It's over, they aren't included. You were wrong. As usual. Oh and what else do we find? A fact checking site not telling the whole truth as usual as well.

If you want to talk common sense.. Common sense would tell you those that have already participated or can't participate shouldn't be included in participation rate.

Correct. They are not included in the labor force because they are they are not working. But they are included in the total population.

Here is the equation:

Labor Force Participation Rate = (Labor Force / Total Population over Age 16) * 100

When they say "total population over age 16" they mean EVERYONE over the age of sixteen. It does not mean "everyone over the age of sixteen minus retired people, disabled, students, people who pick their nose, etc.

Again.... This decline took place long before Obama took office which makes your entire point invalid.

Obviously you're not looking at the graph. There was an obvious gradual decline/increase as predicted. But a dramatic decline/increase during Obama's admin.

BTW it appears GFY is having some DB issues tonight so posts are getting screwed.

https://www.rt.com/news/367416-bolto...e-change-iran/

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh

Let me explain it to you a little bit easier to understand I guess. The reason it says "over 16" is because under 16 can't legally work. They can't participate.. Everyone else can legally. That's why they are backed out in this total population equation. It still doesn't help your argument one bit because those other people are not included in what's being discussed. The labor force. Retirees can work. Housewives can work, students can work. And a lot of them do. But they aren't counted in the labor force participation rate.

LOL at diversity advocate bladewire, attacking others because they live in europe. How dumb is that?

Then theres rochard, going for the GFY dumbass award.

My this thread shows how public education has turned into a liberal shit show.

:1orglaugh

He hates us for our freedoms. :1orglaugh :1orglaugh

Nice meltdown BTW

So from this, I take it that you are ready to see Americans unemployed to keep down the price of your consumer goods. Where is the upside for the millions on a low wage, unemployed, having to live in poverty or just have a worse standard of living than their parents enjoyed?

A tariff is a tax, it goes into the coffers of the USA. Where's the downside again, please?

If trump builds the wall a lot of officers are with the mexican cartels, they receive a lots of money nothings change, the people wants build that wall....

https://media.giphy.com/media/9MFsKQ8A6HCN2/giphy.gif

The reality is not so much changes with the wall...

Trump supporters don't get it! Trickle down economics doesn't work. The rich will get richer while middle class is taken off life support to die. Everything he does will be to help big business line their pockets. You can't expect him to reform something that will also hurt his bottom line!

His cabinet picks shows that he is pro establishment(old school republicans, former bankers), and you are no different than the libs when it comes to being sheep.

The trumps fans will never get billonaire like him :1orglaugh:1orglaugh:1orglaugh

The politics is more complex....

Oh, I get it;

You see, life is like a shit sandwich because the more bread you have, the less shit you have to eat.

Just like it was 50 years ago.

When you live beyond your means you get slapped down every time.

jesus christ, here we go again... instead of going to war with Russia they just pick Iran :Oh crap

Lets see how it turns out, this guy is still a 'contender'.

who won the election... America is filled with people that work and raise families that are sick to death of loud mouth obnoxious assholes demanding privilege

if you'll go to prager university you'll find many good things Mark

the entire democratic pitch is you are helpless and you need us to help you

yes it is, the left or hiilary supports are total bigots

a big business man is a politician.

yup and you are not even American, thanks for letting us run our own country :2 cents:

everybody is running their mouth about how great the economy is yet every day I see business closing down... vendors are grinding for every penny, it's hard to get invoices paid... In wonder where this great obanaomics miracle is happening? I'm pretty sure that Obama admin stats are heavily manipulated. fuck the news and the reports, look aorund:2 cents:

Obama will not go down in history as a good pres unless they work the black angle. they are all to fucking embarrassed to say the first black pres is a tard.

So no different from what Clinton would have done. And no difference to what Obama, Bush, Clinton, Bush, Reagan, Nixon, etc did.

So what do you suggest?

Wrong. Half of America is sick to death of losing their jobs, getting paid less, living a less comfortable life than their parents, seeing worse in the future for their children. While a small percentage get richer by the minute. Who whether they are or not loud mouth obnoxious assholes they get privileges.

So the US is a dictatorship where one man makes all the decisions. you're the tard if you think this. As the evidence clearly shows a decline over decades.

Thanks for clearing that up. I was a few drinks in last night and gave up on this. It did not make sense that 1/3 of Americans wanted a job and were not working and had givn up. I do not personally know one person in that group.

The only thing he cleared up is the fact you were both wrong. Come by my business and while we stand in my parking lot I can point them out to you as they walk by. They would be the ones who see me unloading 2000+lb pieces of equipment by myself because 1. They don't even ask for a job. 2. Even if they did they would complain I wasn't paying them enough primarily because generally even 18 year olds these days can't even keep up with me at 42. 3. It's a lot easier to ask me for a cigarette every time they walk by rather than ask for a way to earn a pack.

Labor Force = Number of Employed + Number of Unemployed

Labor Force Participation Rate = (Labor Force / Total Population over Age 16) * 100

Look at these closely. It is confusing how they wrote it but it is the total population and retired folks are counted as they are specifically mentioned as not being in the labor force.

I did the math based on that page you cited -

Small city with 10 people over 16. 2 are retired. So 8 are working.

Labor Force Participation Rate - 80%= ( 8 / 10 ) * 100

Labor force of 8 = 8 + 0 as the 2 are not unemployed they are retired.

Unemployment Rate = (Number of Unemployed / Labor Force) * 100

0 = (0/8)*100

That has to be the only way in the future. The poor will just outvote the richer minority.

The problem is how to tax the very rich and Corporations so the entire burden doesn't fall on your level. They have to be in the US to pay US taxes, this is assuming tax havens become extinct.

This is the long-term effect of cheap clothing, iPhones, electrical good, furniture, autos, etc. Add automation to the mix and you have a perfect storm. You are not immune from the effects of Globalisation and Automation. As it's your customers who are being made poorer and unable to buy what you offer.

Rochard is disguising the truth.

http://dailysignal.com/wp-content/up...-full-time.jpg

http://apps.npr.org/unfit-for-work/i...elfare-616.gif

http://macroblog.typepad.com/.a/6a00...b5d9970c-500wiAs you see the stats the Government give out are rigged.

If you want to meet these people, you need only go to your local fast food outlet. Or to the Mid-West.

I see this as a massive problem. Is this a bubble that's waiting to blow, or based on real values? Should it be the former, the shit will hit the fan and make 2008 look like a ride in the park.

http://www.5yearcharts.com/wp-conten...-jones-10y.png

80% Stock Market Crash To Strike in 2017, Economist Warns - The Sovereign Investor

Are you ready to bail out the bankers again?

He is here and you are not. I also live in the US and I agree with him. The middle class as he defines it (white) is mad about the minorities getting equal rights.