Total jobs hits new record high, erasing Great Recession losses

The labor force participation rate remains at a low not seen since 1978. Jimmy Carter versus Barack Obama, competing for worst President in the past 35 years. Can Barack overcome Carter's economic incompetence? Only time will tell, but Barack is certainly incompetent enough to win the battle.

 

The LFPR was declining well before the recession, and with baby boomers retiring, it is unlikely that we will see it return to Jan 2008 levels, at least for the next few decades.

 

Are we supposed to create jobs for people who don't want to look for jobs now? Also don't expect anything to stop the labor participation rate from falling any time soon. The largest adult generation, The baby boomers, are reaching retirement. 10,000 people per day are turning 65. And generation X is a smaller generation so they aren't replacing them as fast as the boomers are leaving. So the participation rate falling is heavily driven by that. It's not changing any time soon.

 

absolutely, as the population increases, we need people to retire and to leave the workforce. That will reduce the UE number and make things appear to be swell

 

The boomers are going to be retiring whether we need them to or not.

The bigger problem over the next decades is likely to be an insufficient number of workers, not too many of them.

 

Less people are employed today than there was in 2008. More people are unemployed today that at any time during the previous president's era. More people have simply given up seeking employment than at any time since the Great Depression.

The news is not good, nor is it encouraging in any way. Obama will get the credit he deserves for the results of his policies.

 

We should open book on it....

 

When was the last time a fiscal policy bill was passed? How about tax reform? These are the things a president has control of. Obama has done much in the way of these actions.

 

Actually no. Since 2008 there has been a ton of graduates from both high school and college who are looking for work. Not to mention those who served in the military and are now looking for work as well. Baby boomers will not leave enough job openings for these folks.

 

Get ready for nice fluffy completely fabricated job numbers leading up to the midterms. Thread is just a prelude, hell we may actually "achieve" full employment by the end of the summer

http://nypost.com/2014/04/02/bls-jobs-data-will-be-heavy-on-the-bs/

http://www.forbes.com/sites/investor/2013/11/19/fake-unemployment-report-shocker/

To preempt, feel free to quibble with the sources, that's expected, but the above links contain lots of indisputable facts about how the numbers are collected/calculated and why they shouldn't be trusted (readers can decide for themselves), regardless of what party is on power. UE in the US have become just another malleable survey study type political hokum party.

Don't trust stats that come from the federal government, any of them, under any administration. If out and out chicanery doesn't make them worthless, indisputable government and government worker incompetence sure does.

 

What exactly is a fiscal policy bill? You mean a budget? The president has submitted one every year. He doesn't pass it. Congress does.

On tax reform, the GOP house will block anything Obama does on that; though we did get a partial repeal of the Bush tax cuts, which gave revenues a big shot in the arm last year, the biggest reason that the deficit dropped by a record $400 billion last year.

 

Sure, the entire federal government and bureaucracy is just one big conspiracy. You will suffer much less cognitive dissonance if you just listen to your RW propaganda instead.

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The LFPR has nothing to do with the number of jobs created.

If you're going to rely on RW talking points, you should at least find one that is appropriate.

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We are still recovering from the worst recession in 80 years. That won't be true in the next decades.

 

That is true if you are looking at the household survey of employed people. Employment under the household survey peaked at 146.595M and is now at 145.814M. Total nonfarm jobs under the Business survey is traditionally the figure used to measure jobs since it is deemed more accurate and is less fluctuating. But we should be hitting the Household survey peak in the next few months.

That is not true. There are 9.799M unemployed now; 11.286M unemployed in Dec 2008.

I didn't check it, but it wouldn't be surprising; we have far more people living in the country than in the GD.

It's not good news for you that the economy has re-couped all the jobs lost in the Great Recession?

We can count on our RW friends to demonstrate their unhappiness whenever we see good news for America.

 

Forget how to read when they were blowing smoke up your backside?

 

Nope. Who do you claim was "blowing smoke up your backside?"

 

Why do I get the feeling you would actually prefer things not be improving?

 

Something 'good' happened?

 

I get that feeling from our conservative friends and Republicans generally. Any time there is good news for American they are positively dour. Whenever there is bad news they can barely constrain their glee.

 

Utter fail at even ADDRESSING, much less REFUTING the articles that expose your nonsense. BULL(*)(*)(*)(*) NUMBERS,per usual, as I said.

 

RW propoganda (NY Post) op ed on a nonevent from a couple years ago.

Take it up in the conspiracy forum.

 

Cute attempt at juvenile misdirection,they didn't claim YOU posted it

 

How long until the BLS numbers are revised?


Never trust statistics you didn't forge yourself.

 

Welcome to the Bush years..

 

Don't worry, progressives are working on the problem. I'm sure by then they will have thrown enough regulations onto the backs of businesses and hiked the minimum wage high enough to severely limit hiring. They'll never allow the horrible condition of workers having more opportunities than they can handle happen.