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you're retarded. 

Posted 5/31/2012 at 7:56:18 AM

willywonka4u
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Your "links" are to a right wing website and more of your google searches.

Labor force participation has been declining for the last 12 years. You know, predating the financial collapse. Why do you think that is?

Here's a hint: The demographics of the country has changed. Fewer people are having children, and the baby boomers are retiring. So what do you think happens when a society has less people entering the workforce and more people leaving the workforce?

A 4 year old is not unemployed. A 4 year old doesn't have a job, but that doesn't mean that 4 year old is unemployed. A 4 year old isn't in the work force. This isn't a hard concept to understand.

As I said previously, "unemployed" is a well defined term. I would think you would have had the intellectual curiousity to bother to look it up. I guess not.

Here you go:

http://www.bls.gov/cps/cps_htgm.htm

The BLS also has another well defined term. They call it "discouraged workers". These are people who don't have a job, are available to work, but have given up looking for a job.

The BLS counts the number of discouraged workers, just like they count unemployment. Discouraged workers make up some part of the "not in labor force" group.

How many discouraged workers make up the not in labor force category? Just 7.2%.

So, in other words, only 7.2% of your 88 million want a job.

You can find this yourself in the BLS data if you bothered to look it up. Just scroll down to their tables and look at the "Not In Labor Force" categoy and the sub category "Persons who currently want a job". It's right there on table A-1.

http://bls.gov/news.release/archives/empsit_04062012.htm







 

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