Patterico's Pontifications

7/2/2015

“Solid” Jobs Report Has Labor Force Participation Rate at Historic Low

Filed under: General — Patterico @ 7:45 am



AP (link to Hot Air since AP changes their articles willy-nilly):

SOLID REPORT: U.S. employers added 223,000 jobs in June, and the unemployment rate fell to a seven-year low of 5.3 percent. The rate fell mostly because many people out of work gave up on job hunting and were no longer counted as unemployed.

Ed Morrissey notes: “The new workforce participation rate is the lowest in the US since 1977.”

Remember: the availability of disability payments to healthy people has exploded under Obama. I am mystified that government policies incentivizing people to leave the workforce has the effect of causing people to leave the workforce.

Solid!

27 Responses to ““Solid” Jobs Report Has Labor Force Participation Rate at Historic Low”

  1. So, basically, Obama is as incompetent on the Domestic side as he is on foreign policy.

    Remind me again, why we were complaining about how much time he spends playing golf?

    C. S. P. Schofield (a196fd)

  2. Good news! US retirement age lowest ever!

    Kevin M (25bbee)

  3. it seems to me that whoever wrote the AP blurb didn’t understand the memo.
    Yeah, it mentions that it is a 7 year low but the very next sentence tells the reader not to believe the numbers being bandied about as reflecting actual good news.

    I wonder if that is why Patterico is expecting this article to change.

    seeRpea (0cf003)

  4. I agree with CSPS, leave President Golf Cart to his private amusements. We are much better off just having to muddle along till time and a new election rids the nation of this tyrant.

    ropelight (1e86fb)

  5. Leftists–manipulating numbers and creating false headlines of well being to sooth the restless masses since, well, forever.

    elissa (92988b)

  6. Solid.

    Keep the faith, baby.

    Linc Hayes (341ca0)

  7. about that j*b growth

    would you like anything from the bar?

    redc1c4 (cf3b04)

  8. Jimmy Carter’s record still intact… #Winning!

    Colonel Haiku (2601c0)

  9. When you can say/do whatever you want without fear that you lies and/or failing policies will not be called out by the dinosaur media, why stop? The low/no information population will go on believing whatever is printed or spoken on the tube.

    Roman (0bfd6d)

  10. It’s an economic sleight of hand that allows Obama to proclaim that unemployment is down while the lapdog media and his worshipers don’t see that *employment* is also down.

    CrustyB (69f730)

  11. Good news! US retirement age lowest ever!

    Kevin M (25bbee) — 7/2/2015 @ 8:24 am

    Yeah!! Suck it, Greece…..oh, waitaminit……..

    Bill H (2a858c)

  12. The Greeks are envious.

    Mike K (90dfdc)

  13. Wait staff and bartenders lead the way in new jobs.
    Drink-up Shriners…

    mg (31009b)

  14. My last day on the job for awhile- as the clients can’t pay the contract negotiated.
    They want me to stay and put the windows back in. lmao…

    mg (31009b)

  15. I was going to blog on this same topic last week when we heard that the California unemployment rate had crept up, but that it was a good sign because it meant that people who had supposedly given up on the job hunt were starting to look again. Here is how the media likes to spin these types of stories:

    Democrat Administration: The unemployment numbers crept up last month which economists believe is a positive sign that more people are once again looking for work after the latest recession. . . .

    Republican Administration: The unemployment numbers crept up last month putting more pressure on the Administration to extend unemployment relief and take significant steps to stimulate the economy. . . .

    JVW (05e1e2)

  16. what can’t keep going, won’t.

    when the crash does come, my investment strategery in precious metals & fine art should pay off handsomely.

    redc1c4 (dab236)

  17. #16,Metals yes, but fine art might be something that peaks before the reckoning. Better safe than sorry. Just Sayin’

    ropelight (1e86fb)

  18. when the crash does come, my investment strategery in precious metals & fine art should pay off handsomely.

    The only metal you’ll need is lead.

    Rev. Barack Hussein Hoagie (f4eb27)

  19. We is mid-crash–that ain’t your stomach hurling into your mouth, its your azz.

    DNF (6cda3a)

  20. Over 93 million Americans out of the work force and unemployment is down. We are truly in 1984. Newspeak is here.

    Rev. Barack Hussein Hoagie (f4eb27)

  21. Seriously, here is what Democrats tell us with a straight face:

    The economy is improving and the unemployment numbers are going down, and that’s why we need to extend unemployment benefits for the long-term jobless.

    It’s like deep down they know that it’s all a house of cards that will come tumbling down as soon as even the most mild breeze blows in.

    JVW (05e1e2)

  22. re #10: well this AP writer isn’t a lapdop. the writer tells you straight off what the real deal is in the second sentence. I’m thinking that the lead “Solid Report” was written by someone else, like a headline. btw: don’t miss that the job gains reported 2 months were corrected as usual to be lower than the initial report.

    seeRpea (181740)

  23. I feel that freeze a comin’, JVW!

    Rev. Barack Hussein Hoagie (f4eb27)

  24. I don’t know where else to put it and it sort of relates to jobs–so I’ll post it here:

    Remember Steven Salaita, the Palestinian -American “scholar” who was inexplicably offered a tenure job to teach “American Indian Studies” at the University of Illinois? And then the offer was withdrawn by the Chancellor and the Board before classes started due to his vile and profane anti-Israel tweets that many students, alums, donors and taxpayers objected to because they believed he could not be impartial in his teaching and relations with students? And then he sued the U of I? And then FIRE blasted the U of I as one of the worst offenders against free speech? Well, the lawsuit slogs on and apparently no other great American institution of higher learning was waiting with bated breath to take him on. But he finally found a job. Do you think it will help or hinder or impact in any way his lawsuit that he is joining the faculty of the American University of Beirut?

    Last summer, the university announced that Salaita would be joining the faculty. Chancellor Phyllis Wise later revoked the appointment, however, after being made aware of tweets by Salaita attacking Israel and its U.S. supporters in harsh language during Israel’s operation in Gaza last summer. The tweets appeared on Salaita’s personal Twitter account.
    Donors to the university reportedly had complained about the tweets and called on the university to rescind the appointment.
    Salaita has filed a lawsuit against the university, the board of trustees and several administrators claiming that they violated his constitutional rights, including to free speech and due process. He also is suing for breach of contract and intentional emotional distress. Salaita is seeking compensation and the job as a tenured professor in the American Indian studies department.

    http://forward.com/news/breaking-news/311323/steven-salaita-hired-by-american-university-of-beirut/#ixzz3elznSWOo

    elissa (b17622)

  25. I do so hope he wins and bankrupts the U of I. Then perhaps the heads of colleges will start using the brains they claim they have before they offer jobs to a$$holes.

    Rev. Barack Hussein Hoagie (f4eb27)

  26. Peak government:

    http://www.zerohedge.com/news/2015-07-02/jpmorgan-banker-we-cant-make-money-anymore

    Its just unsolicited anal sex until someone’s colon is torn.

    DNF (0f1739)

  27. “When the Whip Crash Comes Down” the Strolling Bones

    Yeah, mama and papa told me
    I was crazy to vote
    He’s a no-account loser
    He’s sinkin’ our boat
    So I try to save money
    And I’m feelin’ the pain
    Wherever I go the story’s the same
    When the crash comes down
    When the crash comes down
    When the crash comes down
    When the crash comes down

    I’m going on a job search
    And they’re spitting in my face
    Ain’t talkin’ bidness owners
    It’s the bums in this place
    These leftwing motherf*ckers
    Are nothin’ but trash
    Spendin’ other people’s money
    And they spend it so fast
    When the crash comes down
    When the crash comes down
    When the crash comes down
    When the crash comes down
    When the shi+ hits the fan
    I’ll be sitting on my can
    When the crash comes down

    Yeah, some called me garbage
    While I was sleeping on the street
    But I never roll
    And I never cheat
    There’s real people in need
    and many lazy assholes
    This Prez won’t even be happy
    ’til we’re all on the dole
    When the crash comes down
    When the crash comes down
    When the crash comes down
    When the crash comes down
    (Yeah, go ahead check it out)
    Yeah, baby, when the crash comes down
    When the crash comes down
    (they’ll burn this place to the ground)
    When the shi+ hits the fan
    I’ll be sittin on my can
    When the crash comes down

    Colonel Haiku (2601c0)


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