Just in time for mid terms, the turn for the President is here

[ll74]

The right only cares about labor participation rate during a Democratic white house.

 

[Fuzzy1975]

The right only cares about labor participation rate during a Democratic white house.

HisArpy only threw in the other three as an after thought, they were not mentioned in his response which I replied to.

In 1980 the UE rate was 7.5%, by the time the recession took hold in 81-82 it grew to 10.8%. In 2009-2011 it peaked at 9.3 %. The pandemic peak was only 6.7%.

He is whining about unemployment and the rate is currently 3.6%. So he throws in LPR. The average historic labour participation rate is 63% (1948-2022) and stands currently in the US at 62.3%...wow that is a huge .7% gap....decimating according to HisArpy.

HisArpy is at best an idiot, at worse an idiotic troll....

 

[ll74]

HisArpy only threw in the other three as an after thought, they were not mentioned in his response which I replied to.

In 1980 the UE rate was 7.5%, by the time the recession took hold in 81-82 it grew to 10.8%. In 2009-2011 it peaked at 9.3 %. The pandemic peak was only 6.7%.

He is whining about unemployment and the rate is currently 3.6%. So he throws in LPR. The average historic labour participation rate is 63% (1948-2022) and stands currently in the US at 62.3%...wow that is a huge .7% gap....decimating according to HisArpy.

HisArpy is at best an idiot, at worse an idiotic troll....

The participation rate has shifted all over the place due to more retirees, flux of women entering and leaving the workplace...etc. it's typically a bad measurement and looks bad, which is why they use it.

 

[Fuzzy1975]

The participation rate has shifted all over the place due to more retirees, flux of women entering and leaving the workplace...etc. it's typically a bad measurement and looks bad, which is why they use it.

Agreed, but context matters, and they miss the context of the whole picture..now if the LPR dropped off to 57.6% which is the lowest recorded, then there might be a significant problem. It is only down from the peak of 68% by 7.7%, and as I said only .7% below the average.

We have known about the coming of the Babyboomers retirements for years. Now that it is happening, people act surprised....

 

[ll74]

Agreed, but context matters, and they miss the context of the whole picture..now if the LPR dropped off to 57.6% which is the lowest recorded, then there might be a significant problem. It is only down from the peak of 68% by 7.7%, and as I said only .7% below the average.

We have known about the coming of the Babyboomers retirements for years. Now that it is happening, people act surprised....

The recent chips act will be a good source for job seekers reentering the workforce

 

[Biggs_Darklighter]

The recent chips act will be a good source for job seekers reentering the workforce

I would argue that nobody on CHiPS could act.

 

[QueequegsHead]

I wonder what happens if Brandon continues to sink in the polls as more and more Americans lose their jobs because the economy tanks further?

Will the OP continue to sing praises for a failed President who is stealing our futures for his own benefit?

Are you kidding? The MSM is already touting his turnaround and how his trajectory is now up, up, up!
With the passage of these massive new spending programs he has slain the twin dragons of inflation and recession (even though, ironically, there is no recession). You are about to witness the biggest boldest Build Back Better that the world has ever seen. People will will be flocking to the Southern border to fill all of the billions of new jobs that will be created! Filing in those gaps now looks like a very bad idea. Right???

He's the comeback "kid."



(The more senile you get, the more childlike you are.)

 

[QueequegsHead]

Soon, with all of this success, even the most Die-Hard Democrats will be chanting,

Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!

 

[ll74]

Soon, with all of this success, even the most Die-Hard Democrats will be chanting,

Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!
Let's Go Brandon!

You should post this to the "class act" thread for effectiveness

 

[snailspace]

And he is doing more for us and the world. Price of oil and commodities are falling and just now, he killed the leader of al-Qaida.

Thank you again, Mr President

 

[ll74]

What did he use to kill the guy, hunter’s laptop?

Rolled up Burisma share certificates?

Sniff him to death?

Drone strike.

Try and keep up.

 

[ll74]

“and just now, he killed the leader of al-Qaida.”

With his bare hands! ( he lifted a telephone.)

Yes, and the CEOs of Ford build thousands of cars with their bare hands.

And Putin invaded Ukraine and is bombing them with his bare hands.

¯\(°_o)/¯

 

[jomar]

Waiting for the rethugs here spin about how the Biden drone is a bad thing while trumps drone was the best tactical move evah!

 

[QueequegsHead]

You'll be waiting a while.

What your opposition is asking is, how did we go from Joe bragging on camera on August 20, 2021 that there was no longer any Al Qaeda in Afghanistan to having to kill them in August 2022? Was it an extension of his open borders policies? Was it a result of his precipitous bug-out which was so wildly cheered? It seems that The Base (Al Qaeda) has reestablished its base. Is that why you're celebrating?

 

[ll74]

There's always trouble at home. Pointing to some random event that's supposedly to "wag the dog" is lazy and tired

 

[JohnnySavage]

The participation rate has shifted all over the place due to more retirees, flux of women entering and leaving the workplace...etc. it's typically a bad measurement and looks bad, which is why they use it.

The unemployment rate commonly used (U-3) is also a bad measurement because it doesn't count gig workers, self-employed or those no longer looking for work.

A better, but not perfect, measure is U-6. That rate is currently 7%.

There are lots of measures and people generally pick the one that supports their position.

 

[ll74]

The unemployment rate commonly used (U-3) is also a bad measurement because it doesn't count gig workers, self-employed or those no longer looking for work.

A better, but not perfect, measure is U-6. That rate is currently 7%.

There are lots of measures and people generally pick the one that supports their position.

Agreed...which is why politicians use them.