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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (857015)5/15/2015 3:46:44 PM
From: J_F_Shepard2 Recommendations

Recommended By
bentway
zax

  Read Replies (1) | Respond to of 1576882
 
Record low labor force participation rate.... REALLY???? DECLINED STARTED IN 2000 (WHEN W CAME IN OFFICE)..


Declining Labor Participation Rates Posted on March 11, 2015

factcheck.org


Republicans have tried to temper the latest jobs report — which showed a gain of nearly 300,000 jobs and the unemployment rate dipping to 5.5 percent — by noting that the labor force participation rate has continued to decline. But in at least two instances, the claims have gone too far.

  • Sen. Lindsey Graham said the labor participation rate “is at an all-time low.” That’s not accurate. It was lower between 1948 and 1978.
  • Republican National Committee Chairman Reince Priebus blamed the shrinking participation rate on “the Obama economy,” but economists say most of the decline, which has been happening for more than a decade, is due to demographics, including the trend of baby boomers reaching retirement age and deciding to no longer work.