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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (20079)	1/18/2017 7:15:04 AM
From: grusum	4 Recommendations Recommended By dave rose jlallen Stock Puppy toccodolce Respond to of 73689

"What is the unemployment rate?" employment is higher because many people lost their full-time jobs and had to take two lower paying part-time jobs in order to try to scrape by. "Don't tell me about the participation rate - most of the non-participants are retired folks." I didn't tell you about the labor participation rate, but i'll tell you that your assumption is false because most people of retirement age are still working these days because they can no longer afford to retire. They're doing things like greeting people at walmart. That's how bad the economy is.

To: sandeep who wrote (20079)	1/18/2017 8:24:24 AM
From: StockDung	1 Recommendation Recommended By toccodolce Respond to of 73689

Sandeep, Here is the truth about unemployment numbers. Obama is the Burger King Jobs President ========================================================================== These are real jobs with real benefits. But wait, the naysayers scream. President Obama created 180,000 jobs a month. He did. But 94 percent of those jobs weren’t full-time jobs with benefits. They were typically part-time, lower-paying jobs, mostly without benefits. People have to take two or three of those kinds of jobs just to make ends meet. So only 6 percent, or 10,800 jobs a month, were bonafide full-time gigs. =========================================================== Trump is already delivering the jobs he promised America By Jonathon M. Trugman January 1, 2017 \| 5:19am \| Updated January 3, 2017 \| 3:16pm Modal Trigger Getty Images This week marked another victory for President-elect Donald Trump and his partnership with the American worker. Two companies, Sprint, the wireless provider, and OneWeb, a satellite internet provider startup — both controlled by SoftBank founder and Japanese billionaire Masayoshi Son — announced that they will be adding thousands of jobs here in the US. Sprint will be moving 5,000 jobs to these shores; OneWeb will create 3,000 new jobs. Trump, the businessman, brokered the deal. The news comes a few weeks after the decision by Carrier — which had negotiated with Trump about the matter — to keep 1,100 Indiana jobs that were to move to Mexico. These are real jobs with real benefits. But wait, the naysayers scream. President Obama created 180,000 jobs a month. He did. But 94 percent of those jobs weren’t full-time jobs with benefits. They were typically part-time, lower-paying jobs, mostly without benefits. People have to take two or three of those kinds of jobs just to make ends meet. That’s not my opinion but the word from Alan Bennett Krueger and Lawrence Katz, whose meticulously researched paper, “The Rise and Nature of Alternative Work Arrangements in the United States 1995-2015,” was published last March. Now I don’t expect many to put off watching the big games this weekend to read this 34-page scholarly work, but the two Ivy League professors — Krueger chaired Obama’s Council of Economic Advisers — found that “94 percent of the net employment growth in the US economy from 2005 to 2015 appears to have occurred in alternative work arrangements” — in essence, part-time or short-term contract work typically without bennies. So only 6 percent, or 10,800 jobs a month, were bonafide full-time gigs. Heck, Trump’s almost there and he’s not even president yet. Real, sustainable jobs are what we need to strengthen the US economy. Just as important as creating the jobs is the message from Trump that no chance to create such opportunities for American workers will be too small for him to pick up the phone and apply some pressure or negotiate a deal. Filed under barack obama , donald trump , economy , Jobs , sprint , the trump transition , workers

To: sandeep who wrote (20079)	1/18/2017 8:35:26 AM
From: GROUND ZERO™	6 Recommendations Recommended By AJ Muckenfus Dirtythirty Investor Clouseau jlallen Stock Puppy and 1 more member Read Replies (3) \| Respond to of 73689

You're just plain wrong... the participation rate represents ALL who are able and capable of participating, it does NOT include those retired... who ever told you otherwise gave you false information or is a liar, or both... And those fake jobs created by that maggot are also lies, for every six full time jobs lost, he created 4 part time jobs... then he claims he created 4 new jobs... add it up yourself... The participation rate is a measure of the active portion of an economy's labor force. It refers to the number of people who are either employed or are actively looking for work. During an economic recession, many workers often get discouraged and stop looking for employment, resulting in a decrease in the participation rate. Those retired are not included. investopedia.com GZ