Drop outs skew job report.....when did this trend stop ?

http://www.theguardian.com/business/2014/jan/10/us-economy-adds-74000-jobs-december
Number of Americans looking for work at lowest level since 1970s

   Unemployment rate falls to 6.7% but only 74,000 jobs added
   Big rise in number of people dropping out of jobs market
   Participation rate at lowest level for 40 years

Participation rate at lowest level for 40 years


T why are you not working? Why do you think the babyboomers at 10k a day are leaving the workforce......they are able to get medical policies which cover preexisting conditions, and are finally free of the link to their employment. I have tons of friends who have just retired early and who had no intention of doing the same until the Affordable Care Act. One friend who has been very successful selling industrial pumps has always had his health care covered by his wife who works at a hospital, and they are both NOT eligible for early retirement yet, but they both want to enjoy a new grandchild and travel while they can.......that big bubble of baby boomers is leaving the labor force and not looking for employment. It does not take rocket science to figure out the stats.

Then why aren't employers hiring those replacements for the baby boomers retiring? Oh snap busted your lie.

Almost three hundred thousand hired last month......and the trend will continue......record corporate profits, and stock market hitting all time highs......why would anybody who can think need a lie? Babyboomers are quite happy with their retirement, and yes many will continue working or taking part time work.......but most are done as the population bubble works its way through.

TEOTWAWKI wrote:http://www.theguardian.com/business/2014/jan/10/us-economy-adds-74000-jobs-december
Number of Americans looking for work at lowest level since 1970s

   Unemployment rate falls to 6.7% but only 74,000 jobs added
   Big rise in number of people dropping out of jobs market
   Participation rate at lowest level for 40 years

Remember that embarassing thread where you were posting old jobs numbers as if they were today's jobs numbers? You're doing it again.

Remember that embarassing thread where you were posting old jobs numbers as if they were today's jobs numbers? You're doing it again.


He is so embarrassed that he has given himself a self deportation from the forum.....he is hoping it will serve as a model for illegal aliens.