Congratulations on continuing to confirm that you're a moron. Private payroll jobs grew 2% this past year. Since 2001, +2% growth in private payrolls from Dec to Dec has only happened 4 times, 3 of them under Obama.
DEATH ROW JOE wrote:Congratulations on continuing to confirm that you're a moron. Private payroll jobs grew 2% this past year. Since 2001, +2% growth in private payrolls from Dec to Dec has only happened 4 times, 3 of them under Obama.
BOOM!
No weapon formed against me shall prosper...
and every tongue that shall rise against thee in judgment thou shalt condemn.
That shit is dropping faster than support of Chris Christie!
It's been addressed a dozen times. The number of workers not in the labor force because they are discouraged has fallen 33% since Jan 2011. It rose 200% due to Bush's recession. The decline in the labor force this past year from 63.6% to 63% is entirely due to demographics.
participation rate is labor force/Civilian Noninstitutional Population
During the Bush presidency the ratio between private payroll jobs and population fell 10%. There were ZERO jobs added to the private sector under Bush. Workers became extremely discouraged and dropped out of the labor force The number of discouraged workers tripled due to the Bush recession. The number of discouraged workers has fallen by 1/3 since Jan 2011.
The labor force participation rate peaked in 2000. Since that time the % of the workforce at retirement age but who are still part of the Civilian Noninstitutional Population has increased.
