Are you in the 66.7%....or the 33.3%?
MGLICKER
Posts: 7,995 ✭✭✭
The workforce participation among U.S. adults rose slightly from 66.3 percent in December to 66.7 percent in January. Since January 2010, the workforce participation rate has ranged narrowly between lows of 65.8 percent and highs of 68.5 percent. But since mid-2013 it has most often registered below 67 percent. The small uptick this past month may be another positive sign that a strengthening economy is bringing discouraged workers back into the workforce. However, workforce participation does remain below the 2010-2014 average.
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<< <i>The workforce participation among U.S. adults rose slightly from 66.3 percent in December to 66.7 percent in January...... >>
A 0.4% increase is a big jump with a 250 million strong base. That's 1,000,000 new entrants into the laborforce in one month. Since this data is not released until tomorrow morning, where are your numbers coming from?
I know, I know, I didn't answer the question.
<< <i>
<< <i>The workforce participation among U.S. adults rose slightly from 66.3 percent in December to 66.7 percent in January...... >>
Since this data is not released until tomorrow morning, where are your numbers coming from? >>
Gallup numbers. Look under the Thursday heading, Payroll to population.
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The numbers do look odd when compared to Gallup's payroll to pop numbers which declined by .2% from December.
"""The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was 44.1 percent in January. This is statistically similar to the 44.3 percent measured in December, but it is the highest measurement of P2P for any January since Gallup began tracking the metric in 2010. January is typically one of the lowest months for P2P in any year.""""
Gallup CEO: The Big Lie - 5.6% Unemployment
But wait, there's more:
Gallup CEO Fears He Might “Suddenly Disappear” for Questioning U.S. Jobs Data
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
But, you have to look a bit further to see if a recovery is really happening. It's NOT.
There are more small business failures than small business start ups. This does not bode well for future
employment. Small businesses are the lifeblood of our economy. It's been sucked dry by over regulation
by the Gov't. When a bookstore in SAN FRANCISCO announces that the imposed minimum wage hike
will put it out of business that's enough to be said. SF is one of the most literate cities in America and
historically bookstores do very well there. Hmmmmmmmmmmm
bob
<< <i>I too am not affected as I'm retired.
But, you have to look a bit further to see if a recovery is really happening. It's NOT.
There are more small business failures than small business start ups. This does not bode well for future
employment. Small businesses are the lifeblood of our economy. It's been sucked dry by over regulation
by the Gov't. When a bookstore in SAN FRANCISCO announces that the imposed minimum wage hike
will put it out of business that's enough to be said. SF is one of the most literate cities in America and
historically bookstores do very well there. Hmmmmmmmmmmm
bob
You nailed it, Bob.
Liberty: Parent of Science & Industry
Spending $1200 a month, just to be employed.
<< <i>Working ridiculous amount of hours, last week 89 hours. This week hopefully I'll come in under 75. Looking at my pay stub is baffling, $300 + or - a week in Federal income tax.
Spending $1200 a month, just to be employed. >>
Hey man don't sweat it, you bought Obama a steak with that contribution.
Too many positive BST transactions with too many members to list.
<< <i>I'm just a cog in the wheel of fortune. >>
I'm a broken spoke on the same wheel.
Same for me but I haven't tried adding 40%.
Good luck out there.