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> The way both Liberals and Conservatives speak as if USA is marred with some wide scale unemployment. Are you unaware of the steadily declining Labor-force Pa
by x3n0ph3n3 9y ago
> The way both Liberals and Conservatives speak as if USA is marred with some wide scale unemployment.
Are you unaware of the steadily declining Labor-force Participation Rate? [1] [2]
1. https://fred.stlouisfed.org/graph/fredgraph.png?g=dBkS https://fred.stlouisfed.org/graph/fredgraph.png?g=dBkS
2. http://www.pewresearch.org/fact-tank/2013/09/03/the-disappearing-male-worker/ http://www.pewresearch.org/fact-tank/2013/09/03/the-disappea...
- philipkglass 9y agoI think you're correct to highlight the labor force participation rate but there doesn't appear to be an upper age cutoff on these stats, which is going to skew things. "16 years and older employed or looking for work..." Shouldn't it be something like 16 years to 66 years old? The boomers are getting older. Or even better, 20 to 70. I'm not really worried if people are delaying entry to work because they're still full time students or stopping work after they become eligible for full Social Security benefits.
- x3n0ph3n3 9y agoInterestingly enough, it's incidental to prime-age men (25-54) and more correlated with marital status than race or age: https://www.theatlantic.com/business/archive/2016/06/the-missing-men/488858/ https://www.theatlantic.com/business/archive/2016/06/the-mis...