Record 94,610,000 Americans not in Labor Force

a reply to: neoholographic

I'm confident that both myself & my wife are being counted in the statistics you refer to.

Problem is, my wife never worked outside the home, I retired in 2005 at the age of 48, I haven't wanted to work nor have I looked for work since I retired and I'm pretty sure Bush was in office at the time so you can't blame it on Obama.

Furthermore, I've never been on any kind of public assistance other than filing for short term unemployment, (less than 30 days) once or twice during the 1980s.

I guess if you really want to blame someone for my "predicament," you'd have to blame the union I worked through for providing me with a living wage and benefit plans that enabled me to survive with dignity and in another 3yrs., you'll be able to blame Social Security for pitching in as well.

How dare they!

ETA; My daughter who's 32yrs. old, is also a stay-at-home mom who is not looking for work, nor is she on public assistance.

I almost get the feeling that some people won't be happy until everyone of age is FORCED to work. Go figure!

a reply to: neoholographic

Cmon man you sound like a baby. Obama this obama that. Have you ran for prez? Have you started a company?

This is the fault of many things blaming O is the easy way out. I am not blaming bush either. Since WW3 the US tale has been like a series of unfortunate events. Caused by many/much.

a reply to: neoholographic

The labor force participation rate has declined about 1% over the past 10 years. The Beaureau of Labor Statistics has a handy chart you can use to calculate for yourself.

SOURCE: Bureau of Labor Statistics

Also, if you change the chart output to view the maximum history, you'll see that from 1948-1978, with the recent decline starting in 2000, accelerating with the start of the Great Recession in 2008. This trend will likely slow, but continue, as the baby boomers continue to retire.

No, you can't blame Obama, but you can blame Reagan, Bush, Bush II, Clinton, and Obama, and their respective Congresses. Or, we can all pretend we never made it past 3rd grade, and continue to ignore facts in favor of pointing fingers back and forth. Maybe we should blame ourselves too...if people are too stupid to figure this out for themselves, especially with data so easily available, I wouldn't want to employ most of them anyway.

a reply to: dogstar23

I see stabilization at the beginning for a few years and slowdown in descent for the last few, with an overall 3% decline in the last decade. You seem to be exaggerating a bit.

originally posted by: lightedhype
a reply to: neoholographic

Cmon man you sound like a baby. Obama this obama that. Have you ran for prez? Have you started a company?

This is the fault of many things blaming O is the easy way out. I am not blaming bush either. Since WW3 the US tale has been like a series of unfortunate events. Caused by many/much.

This is always what you hear from Obama supporters.

If the economy was good and these numbers were great then everything would be great under Obama and his policies. When the unemployment numbers started to drop, you saw post after post on this thread about the great Obama and his policies.

When his policies hurt the economy and we get these horrible numbers and we show how trillions of dollars have been shifted from the Middle Class to the top 1%, then it's:

Presidents don't have anything to do with jobs or the economy or this has nothing to do with Obama you just want to blame and bash Obama.

IT'S NONSENSE!!

originally posted by: neoholographic
Obamanomics strikes again.

Even Hilary Clinton and Bernie Sanders talk as if the economy is worse than it's ever been. Hilary said the floor is falling out under women.

The number of Americans not in the labor force exceeded 94 million for the second time in a row last month hitting a new record high, according to new government data released Friday morning.

The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words they were neither employed nor had made specific efforts to find work in the prior four weeks.

www.breitbart.com...

Hilary is also right about women.

More than 56 million women were not of the U.S. labor force last month, according to new government data released Friday. The Bureau of Labor Statistics reports that 56,647,000 women, ages 16 and older during the month of September were neither employed nor had made specific efforts to find work in the past four weeks.

I thought Obama walked on water and the shovel ready jobs and Obamacare was supposed to fix all this? Why is the gap between rich and poor growing and worse under Obama than Bush?

Why has poverty hit a 50 year high under Obama?

The rich have gotten filthy rich under Obama yet he was supposed to walk on water and fix these things. Obama even told us the oceans would start to heal if he's elected.

This is what happened to Rome just before it fell.
America you have reached the age of decadence.
A massive gap between the rich and poor
With the rich buying exuberant cars homes and so on.

I hope this will cheer you up.

The sun'll come out
Tomorrow
Bet your bottom dollar
That tomorrow
There'll be sun!

Just thinkin' about
Tomorrow
Clears away the cobwebs,
And the sorrow
'Til there's none!

When I'm stuck in a day
That's gray,
And lonely,
I just stick out my chin
And Grin,
And Say,
Oh

The sun'll come out
Tomorrow
So ya gotta hang on
'Til tomorrow
Come what may

Tomorrow!
Tomorrow!
I love ya
Tomorrow!

You're always
A day
A way!

Tomorrow!
Tomorrow!
I love ya
Tomorrow!

You're always
A day
A way!

A couple things to keep in mind.

Social Security enrollment of retired workers has been on a significant rise since 1996, with a current record number of those considered retired (43.7 million). The rise in retiree enrollment matches the rise of those "not in the workforce," if you trace it back a few years.

Also... more importantly...

With the rise of the "1099 economy" economy, there are lots of people still working who would not be considered in the latest numbers.

I recently saw a report from Intuit (can't find it now, still looking), that indicated an estimated 60 million 1099 workers in the us, which is nearly tripled since 2001. And over 40% of those earn a full-time level income from their 1099 wages. These people are not included in jobs reports such as these.

It's estimated that the combined 1099 US employees of Facebook, Twitter, Google, Amazon, Microsoft, Apple, Yahoo, SalseForce, Cisco, and Adobe (the biggest tech companies) is over 500,000. And the vast majority of "start up" tech/service companies (thousands of them) fill more than half their positions with 1099 workers. In fact, every Uber driver is a 1099 worker.


Forbes: Forget The Jobs Report -- Focus On the Freelance Economy

Does Silicon Valley Have a Contract-Worker Problem?

The US government just reminded companies like Uber why they could be in serious trouble


While the economy is surely in a difficult spot, these alarmist numbers are without proper context, and are politically motivated.

a reply to: neoholographic

It's far too easy to blame the sitting POTUS for all one's woes when truth be told, it usually takes years for most new policies to take effect and the long term affects are usually not realized until after they leave office.

Furthermore, the POTUS is only one of the three branches of govt. and he doesn't have dictatorial powers.

That being said, IMO our current situation didn't come about overnight and it's causes span many years.

Personally, I think the worst of it started during the Clinton years and while Newt Gineich was Speaker of the House. At that time, 3 things were done who's affects wouldn't be truly realized for generations.

They were;

The enactment of the North American Free Trade Agreement, or NAFTA.

The Repeal of the Glass-Steagall Act.

Awarding China with Permanent Most Favored Trading Status.

Those three things opened the flood gates for the outsourcing of American jobs, (that giant sucking sound that Ross Perot referred to back in the day) and it removed the banking regulations that were put in place after the Great Depression in order to prevent just the kind of meltdown we experienced in 2008.

No single person, regardless of their position in government, deserves to shoulder all the blame individually.

These things come about as the result of group efforts and if there's a single group most deserving of the blame, I'd say it's the American voters.

Quit voting against your own best interest.

I'm voting for Bernie!

a reply to: SkepticOverlord

Good post. I think context is best here, because there's obviously lots of things not being taken into consideration. To back up the increase in retirees.

usdebtclock 2000 stats


usdebtclock 2015 stats


I take it the question is what is and is not included in this workforce figure.

source

a reply to: SkepticOverlord

Give me a break!!

They're horrible numbers and the only reason you're complaining about political motivation is because it's horrible under Obama.

Those numbers are miniscule and many of the people forced to be self employed work jobs that don't pay anything compared to a real job. They do it out of necessity because they can't find work. This is from one of your links.

This rise is partially reflective of hard times, and many of the self-employed earn only modest livings in fields such as childcare and construction.

So people aren't turning to these jobs because they want to in many of these cases it's because they have to because of the horrible economy.

On top of that, under Obama trillions of dollars have been sucked away from the middle class and the "evil" 1% have gotten filthy rich.

These aren't politically motivated attacks these are facts. Here's 9 charts showing just how disasterous Obama policies have been.

a reply to: neoholographic

I've taken uber often over the last year and chat with them regularly. Most of them enjoy the job, it's got a lot of perks. It's not all about the monies anymore values are shifting.

I'm curious which numbers are you referring to being as miniscule? Over 10 million retirees in the last 15 years isn't miniscule. Millions of 1099 aren't miniscule. Please elaborate.

a reply to: neoholographic

So if this people are not in work force how they manage to live on, welfare?

a reply to: marg6043

Many of them live on a mix of Government assistance like disability or illegal activity on the side. I recently read about a College girl escorting and working a "1099" job in order to make ends meet.

She didn't do it because she wanted to but because she wants to survive in this horrible economy.

For instance, things like disability claims have skyrocketed under Obama.

www.iwf.org...

Figures do show that 1.5 million people will be leaving workforce each year for retirement (not properly funded) which will add extra dependencies on a already thinning workforce. The economy has the makings of a perfect storm and there is very little governments can do about except open borders to new and younger blood.

a reply to: neoholographic

Yes I read about that, I believe 100 million Americans live on some type of government assistance or enrolled on one, so if 94,610,000 are no working we still have 6 million that are doing what?, this numbers are outrageous.

This is a biggest burden to the tax payer than can anyone imagined, then all the new taxes that re been added to the working class since the passing of the affordable health care act, in the trillions, how in the heck our nation is still standing?

a reply to: marg6043

Well children would account for more than 6 million. My guess is that stat includes all family members, regardless of being in the workforce or not.

originally posted by: neoholographic
Those numbers are miniscule and many of the people forced to be self employed work jobs that don't pay anything compared to a real job.

Over 25 million earning median annual salary, or more, from non-W2 1099 jobs is NOT miniscule.

The average 1099 employee for Facebook makes $90,000+ a year.

On whole, the "going rate" for 1099 gigs in tech averages $8k/month.

Most small business owners are 1099 (or other non-workforce) workers.

a reply to: marg6043

the gov't has the same bookkeepers as planned parenthood?
but well seriously, many may be coming from two parent households, and well, they have opted to downsize in their spending and live on one paycheck and are finding life much more enjoyable and easier to manage. after all when the increase in the cost of child care is greater than the increase in your paycheck, well, there comes a time when it's just more feasible to give up the paycheck.
Add to that the boomers exiting the labor force and well, many of the younger adults are opting for college instead of trying to compete in such a tough jobs market.
I do disagree with the idea that we shouldn't include the women in those numbers though, since well, they've been included in those numbers thus far and to just decide we aren't going to keep track of them anymore would just give us another faulty economic statistics that would lead to stupid decisions in the future..... like presidents standing there telling us all just how great our economy is when we are looking back at them like he much be nuts! Women have left the workforce I believe in greater numbers than men if I am remembering right and it might serve us well to ask ourselves why that is and where they are leaving from. Many are college educated and established in careers in teaching and such, it might alert us to upcoming shortages of labor in some areas if something isn't done soon.

Ok, I am getting confused now, how does the government keep track of the working force? it is by the tax withholdings right? and employees providing information on their workers.

So the government claim that only 51 percent of Americans pay taxes, so the rest gets on government assistance? even if they work but because they work on their own they do not claim? but still can get government help?

I don't get it.

a reply to: dawnstar

Or like my nephew does, he live with the mother of his two children, he works menial works but she claim to be a single mother and they live happily ever after.

My neighbor do the same, she live with the father of her children but she is no married to him, have 4 children and doesn't work, he also does menial work, still manage to have brand new cars, renting a 3 garage house and live happily, if this is happening more than people think I can see how numbers look the way they do when it come to women leaving the work force.