The number of those not unemployed, but employable and not working seems to be going up. This is a crisis in my opinion.(CNSNews.com) - A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according to the Bureau of Labor Statistics.
The labor force participation rate has been as low as 62.8 percent in six of the last twelve months, but prior to last October had not fallen that low since 1978.
BLS employment statistics are based on the civilian noninstitutional population, which consists of all people 16 or older who were not in the military or an institution such as a prison, mental hospital or nursing home.
Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low | CNS News
The number of those not unemployed, but employable and not working seems to be going up. This is a crisis in my opinion.
Okay, then what's the solution?
Okay, then what's the solution?
A president who promotes business growth instead of personal welfare? A president who uses the bully pulpit to promote better education options like charter schools in urban cities? A president who can work with congress instead of just spew idealogue partisan nonsense? A President who pushes for adult training and skill workshops instead of pushing more foodstamps to get people out of work working again?
That will be $250,000 please. No personal checks.
Im not a big fan of the President either, however, The President isn't the all-mighty god of the government...... he can encourage something all day long, it is still up to congress and the senate to put the laws before him to sign. Just because a president promotes this idea or the other idea doesn't make everyone rush to do it, people have their own agendas as well.
Its just a pet peeve of mine to see someone pile all the responsibility on one person, knowing our government isn't, and shouldn't be run that way.
Agreed - I have no illusion about how much power the president has but a president needs to be able to work with those who don't agree with all of his policies and be should (I said should - key word) be able to do the right thing for ALL people not just those of his political persuasion. We all try and fail - but specifically when welfare is pushed and not jobs, education and retraining which would help literally millions of people lift themselves out of poverty in this country due to politics - it's downright disgusting.
It depends on what you mean by "employable." Those not in the labor force face no LEGAL restrictions to work, but 37 million are 65 or older and of those under 65, 11 million are disabled. And another 11 million are age 16-24 and are enrolled in school.Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low | CNS News
The number of those not unemployed, but employable and not working seems to be going up. This is a crisis in my opinion.
It depends on what you mean by "employable." Those not in the labor force face no LEGAL restrictions to work, but 37 million are 65 or older and of those under 65, 11 million are disabled. And another 11 million are age 16-24 and are enrolled in school.
It's harder to count stay at home spouses, but overall 93.2% of those not in the labor force say they don't want to work.
And while the Labor Force Participation is at a 36 year low...it's higher than any year before 1978.
Im not a big fan of the President either, however, The President isn't the all-mighty god of the government...... he can encourage something all day long, it is still up to congress and the senate to put the laws before him to sign. Just because a president promotes this idea or the other idea doesn't make everyone rush to do it, people have their own agendas as well.
Its just a pet peeve of mine to see someone pile all the responsibility on one person, knowing our government isn't, and shouldn't be run that way.
It's neither good nor bad. But what does population growth have to do with anything? That's why we use a rate. The level is meaningless because population grows each year.Considering the population is growing every year, that is not saying anything good.
This president says he has a pen and cell phone, and will bypass Congress.
A president who promotes business growth instead of personal welfare? A president who uses the bully pulpit to promote better education options like charter schools in urban cities? A president who can work with congress instead of just spew idealogue partisan nonsense? A President who pushes for adult training and skill workshops instead of pushing more foodstamps to get people out of work working again?
That will be $250,000 please. No personal checks.
It's neither good nor bad. But what does population growth have to do with anything? That's why we use a rate. The level is meaningless because population grows each year.
Less government intetfearance in the private sector.
Regulation and the Obama administration: Red tape rising | The EconomistThe regulatory state is expanding sharply. But Barack Obama hints that there may be moderation ahead
EVER since his thumping in the mid-term elections, Barack Obama has been busily mending relations with business folk. He has extended existing tax cuts, introduced new ones, completed a free-trade deal and appointed a banker as chief of staff. Now he is attending to their biggest grievance: that he has enmeshed them in stifling new rules, from health care and finance to oil-drilling and greenhouse gases.
Unlike many charges lobbed at Mr Obama, this one is well grounded. In his first two years in office the federal government issued 132 “economically significant” rules, according to Susan Dudley of George Washington University. (“Economically significant” means that either the rule's costs, or its benefits, exceed $100m a year.) That is about 40% more than the annual rate under both George Bush junior and Bill Clinton. Many rules associated with the newly passed health-care and financial-reform laws are still to come.
Existing rules are also being enforced more keenly. The workplace-safety regulator slapped employers with 167% more violations in Mr Obama's first year than in Mr Bush's last, according to OMB Watch, a liberal watchdog. The Food and Drug Administration (FDA) has stepped up scrutiny of drugs that have already been approved for sale. Last year it barred the use of Avastin for breast cancer, not because it was unsafe but because its benefits seemed too uncertain. The regulatory workforce has grown 16% in Mr Obama's first two years in office, to 276,429, while private employment has fallen (see chart 1).
What your point in being up 1978, it's irrelevent. What going on today is what matters. This country has not recovered like the govt says.
My point was that in your OP you quoted "as the labor force participation rate matched a 36-year low of 62.8 percent,..." but what they failed to say was that it was higher than anytime before that, so you can't say that it's bad unless you want to say every year before 1978 was worse. And the participation rate has been declining since 2000. A lot of it is due to a larger retired population. Not all of it, but a lot of it.
Business is constantly villified.
We had double-digit inflation in the late 1970's.
A president who promotes business growth instead of personal welfare?
A president who promotes business growth instead of personal welfare? A president who uses the bully pulpit to promote better education options like charter schools in urban cities? A president who can work with congress instead of just spew idealogue partisan nonsense? A President who pushes for adult training and skill workshops instead of pushing more foodstamps to get people out of work working again?
That will be $250,000 please. No personal checks.
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