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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (875072)7/25/2015 12:31:44 PM
From: tejek  Read Replies (1) of 1577514
 
Seattle has seen a decline in its labor participation rate even as its unemployment rate has been dropping to 3.9%, making a joke of the argument that the LPR is too low for this economic recovery:



seattlebubble.com

In fact, for Seattle, the lowest LPR was in 2005 when Bush was president. And since 2010, its been moving back to that rate even as the unemployment rate has dropped from 9%+ to 3.9%. Why? Boomers are retiring en masse.

I am not sure how well you understand labor economics but employers in Seattle wish there was a shadow labor force wanting work as you wingers claim. They are desperate for workers.

Bottom line: you don't have an argument.
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