Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (65660)	2/7/2012 3:35:40 PM
From: TimF	1 Recommendation Read Replies (1) \| Respond to of 103300

Because you wrote "there are more people employed in the US now than in 1972." OF COURSE there are! (The POPULATION has GROWN.) And its aged. More people are retired. Also we are currently near a cyclical low point, we were not in 1972, which was the peak before the 1973-1975 recession, your cherry picking your date. In 1970 the labor force participation rate was 60.4 percent, in 2004 and 2005 (about the same distance before the recession as 1970), with similar unemployment rates,it ranged from 65.8% to 66.1% even with the older population. For January 2012, after a long decline, its still 63.7. See data.bls.gov Also your original statement was that employment had stagnated for four decades. That's simply false. Employment is higher, even at a low point, and with more people retired.