This for those like Gilligan, GRUPS and the rest of that crew who so conveniently pull 1 piece of data from a major economic report and use that piece of data to paint this country in a negative light.
Here is the chart, from the BLS, of the growth of the out of the labor force portion of our citizenry going back to 1970.
http://data.bls.gov/generated_files/graphics/LNU05000000_412320_1425731395286.gif
Gilligan, GRUPS and crew are using their standard cut and paste tactic from their political propaganda sites that completely ignore context, reason or rationality. Their job, both the source and the poster, is to distort. Yet, if these people would simply look at the data it is clear to see that the "our of the labor force" component has been growing steadily since the early 1990s. You can also see the clear seasonal pattern to the numbers as this is an unadjusted statistic. Out of labor force is always higher after the holidays.
Why is this number moving higher? Again, for anyone who can think beyond the political, the answers are fairly easy to understand. Despite Baykat's assertions in her individual case, education is becoming a more and more critical component to increasing one's probability for lifelong economic success/stability. In other words, more kids are going to school, they are staying longer and adults are going back to school to increase skills. Additionally, the baby boomers are retiring. The recession and the sluggish recovery that is the obvious and historical result of a financial crisis elevated the steepness of the curve. In other words, there are structural (school, retirement) and cyclical (recession) factors involved. One can also see the increase in the steepness of the curve that began in the late 90s and leveled out during the housing boom on the mid 00's.
The labor force counts those 16 and over (which defines the schooling and retirement impact). For basic definitions go here: http://www.bls.gov/cps/cps_htgm.htm#nilf (It really helps if you have the basic understanding of things)
For those who may be more interested in a more even handed review of the recent employment report, see Dean Baker: http://www.cepr.net/index.php/data-bytes/jobs-bytes/job-growth-remains-strong-in-february
Gilligan has posted report from Mr. Baker in the past...but since this was an even handed discussion of a, mostly, very positive employment report, Gilligan instead chose to pull from GRUPS bag of negative propaganda sources.
Here is the chart, from the BLS, of the growth of the out of the labor force portion of our citizenry going back to 1970.
http://data.bls.gov/generated_files/graphics/LNU05000000_412320_1425731395286.gif
Gilligan, GRUPS and crew are using their standard cut and paste tactic from their political propaganda sites that completely ignore context, reason or rationality. Their job, both the source and the poster, is to distort. Yet, if these people would simply look at the data it is clear to see that the "our of the labor force" component has been growing steadily since the early 1990s. You can also see the clear seasonal pattern to the numbers as this is an unadjusted statistic. Out of labor force is always higher after the holidays.
Why is this number moving higher? Again, for anyone who can think beyond the political, the answers are fairly easy to understand. Despite Baykat's assertions in her individual case, education is becoming a more and more critical component to increasing one's probability for lifelong economic success/stability. In other words, more kids are going to school, they are staying longer and adults are going back to school to increase skills. Additionally, the baby boomers are retiring. The recession and the sluggish recovery that is the obvious and historical result of a financial crisis elevated the steepness of the curve. In other words, there are structural (school, retirement) and cyclical (recession) factors involved. One can also see the increase in the steepness of the curve that began in the late 90s and leveled out during the housing boom on the mid 00's.
The labor force counts those 16 and over (which defines the schooling and retirement impact). For basic definitions go here: http://www.bls.gov/cps/cps_htgm.htm#nilf (It really helps if you have the basic understanding of things)
For those who may be more interested in a more even handed review of the recent employment report, see Dean Baker: http://www.cepr.net/index.php/data-bytes/jobs-bytes/job-growth-remains-strong-in-february
Gilligan has posted report from Mr. Baker in the past...but since this was an even handed discussion of a, mostly, very positive employment report, Gilligan instead chose to pull from GRUPS bag of negative propaganda sources.
