HOW TO LOWER THE UNEMPLOYMENT RATE WITHOUT EMPLOYING PEOPLE

It’s much easier than you think. The labor force participation rate of 62.6% is at the lowest level since 1978. There are 250 million working age Americans and according to your friendly government drones at the BLS, 94 million of them are willingly not participating in the job market. According to the government, these people don’t want to work. Only 8 million out of the 250 million are actually unemployed according to the government.

The chart below reveals the fraud being perpetrated by the government with regards to the unemployment rate. The overall labor force participation rate in 2000 was 67.1%. The decrease over the last fifteen years is not warranted by demographics, economics, reason, or need. Using true inflation measures, the economy has essentially been in recession for 13 out of those 15 years. Real median household income is less than it was in 1989.

In what world would people leave the workforce when they NEED more money just to keep even? Only in a Bizarro world run by government bureaucrats protecting their politician bosses and the financiers running the show. The media mouthpieces for the status quo bloviate about retiring Boomers as the reason for the plunge in the labor force participation rate. The chart exposes this storyline as a bold faced lie. The only demographic age brackets which have shown an increase since 2000 are the over 55 year olds who have been forced to work because Bernanke/Yellen have impoverished them with 0% rates and they failed to save enough in their 401ks for retirement.

There is no earthly reason for the 16 to 24 year old participation rate to plunge by 16.6% since 2000. My kids all have or had jobs at 16 years old. Everyone between 16 and 24 is participating in the labor force, even if they are in college. This “adjustment” by the BLS is complete and utter bullshit. The three brackets between 25 and 54 are the prime working years for all people. These people did not leave the work force of their own free will. They are unemployed.

The labor force participation rate should still be 67.1% or higher. If you use that truthful number you just happen to get a true unemployment rate of 11.6% versus the fake government propaganda figure of 5.3%. Which number is a truer reflection of our economic situation today?

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Oh really?
Oh really?

It would appear that 67.1 % is abnormally high. Going back to 1948 the earliest year to about 1972 it looks like 60 percent was “normal”. So what happened starting in 1972?

But can you really trust any BLS stat? I see that as the message of your post.

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Wip
Wip

@Admin

BOOMERS ARE RETIRING DAMMIT!!!

Seriously though, what is the age range for “working age”?

Didius Julianus
Didius Julianus

Exactly admin, women’s “lib”. Brain washing women into thinking they will be fulfilled while working as corporate drones or in services. Has “Oh Really” noticed how happy all those single mid 30s and older women are? They are in “paradise”, of course. Oh, and related is why so many men have been whussfied or don’t want a serious relationship with a woman….

DRUD
DRUD

How many working age Americans were there in 1978?

kokoda
kokoda

The 2015 Untrustworthies Report – separate article today on how the Gov’t ‘Adjusts’ the numbers for Social Security
The CPI data – real bizarre methods to downplay actual inflation (manual adjustments).
Global Warming – raw data Adjusted and Homogenized = make earlier temps cooler and current temps warmer to create a phony warming trend.
The Unemployment Stats – this article plus why do they use manual surveys when they can use actual data a from SS Receipts or W2’s. And why do they use an outdated birth/death ratio of new businesses created in their computer program when it has no bearing on actual businesses created – that Model was created during boom times in the U.S.

See a pattern?

robert h siddell jr

Kokoda: Bingo; add Chemtrails, UFOs, DUMBs, GMOs, vaccines, seismometers turned down, radiation monitoring stopped, CBO unable to audit Federal Govt, Fort Knox robbed, budget deficit now held flat, no audit of Federal Reserve Bank money printing, Social Security now minority disability slush fund, Medicaid spends what Social Security and Medicare spend combined, student loan welfare, car and home loan welfare, neighborhood housing is now a “school busing” program, Black colleges are racist, Supreme Court violates the 10 Amendment, Hussein is The Black Mahdi, Communist Core, MSM Propaganda, closed primaries, no Right to Work laws in many states, Banksters to big to prosecute, porno is free speech, corporations are people, state term limits ruled unconstitutional, homo marriage ruled law of the land, NSA spying, IRS persecution, public prayer and statues illegal, infanticide legal, racial discrimination law of the land since 1965 violates 14th Amendment, POTUS records sealed, etc etc. BLS big lies are TPTB normal.

Oh really?
Oh really?

So what happened in 1972? Everything!

Women liberation was part of it and a returning army from Vietnam added to mix.

The recession starting in November 1973, the export of American industry, and the oil shocks added to the misery. Everyone participated in the labor market to survive hence the rise to 67.1 percent which was the new normal for that time.

When the bubble popped in 2000 and the economy deflated for the next 15 years we have the new normal of 62.6. I wonder how much lower it will go as this fourth turning unfolds.

Westcoaster
Westcoaster

Lying liars leveraging larger lies. That’s OUR government!

Good piece, Admin!

Stucky

“There are 250 million working age Americans and according to your friendly government drones at the BLS, 94 million of them are willingly not participating in the job market.” ———- Admin

That means there are 156 million working Americans. That’s more than the entire combined populations of Germany and France! This is awesome.

Also, if each of those 156 million were to get another job … that would mean 312 million jobs! That almost 100% full employment. So, I’m not really worried ….. except for YOU, Admin. I believe you only have ONE job. Stop slacking off, and work harder. The country is depending on you.

NickelthroweR
NickelthroweR

Greetings,

Putting women in the workforce was by design because, after all, the work they did at home and the volunteer work they did in the community was untaxed. Uncle Sugar could not stand the fact that all these women were doing untaxed work. Uncle Sugar, as always, wanted his cut.

This isn’t something I made up but actual policy.

Anonymous
Anonymous

You don’t need to work to make a living in this country.

Those who do work are willing to pay your way if you don’t.

Member Account
Member Account

We live in a day and age where:

•men are encouraged to marry men and women are encouraged to marry women.

•men are encouraged to become women and women are encouraged to become men.

•women are encouraged to leave home and work while men are encouraged to stay home and collect government benefits such as unemployment, welfare, disability, food stamps, a housing allowance, a free cell phone, and free health care.

•a black life only matters when it’s taken by a white life (especially if it’s an officer of the law), while thousands of black deaths due to other blacks or abortion is completely ignored.

•illegal immigrants are given voting rights and a laundry list of government benefits while legal immigrants wait seemingly endlessly to become citizens and current citizens are considered racist and hateful for demanding immigration laws to be observed.

•our southern border with Mexico is wide open to drug lords, criminals, and terrorists while we’re spending hundreds of billions of dollars and costing the lives of U.S. soldiers fighting terrorism and drugs in Afghanistan and across the Middle East.

•savers are punished with negative real interest rates while speculators and risk takers are rewarded by corrupt crony capitalists and bankers.

•Confederate flags are removed from shelves and online stores while Nazi flags and memorabilia is still proudly sold.

Everything is backward. We’re not on a “slippery slope” or “on the verge of collapse,” we already collapsed in 2008 and this is the ensuing fall out, piece by piece. The fed.gov controls the money, the markets, the media (why make it state controlled when they tow the line?), healthcare, education, and retirement. The frog is already boiling in the pot and it won’t be long until he’s served on a plate. Bon appétit, America! Dependence on man’s principles instead of God’s has wrought a national decadence unlike anything ever seen before in this country and the nation is reaping the whirlwind after sowing the wind. Short of a personal and corporate return to Godly principles our fate is sealed in the history books alongside other failed empires in history.

Econman
Econman

This is a “Digital Depression”.

It is covered up because if people knew the truth, spending would crater as people hunker down for the next collapse, which will be global.

Econman
Econman

The Fed is the cause of all those, not the cure.

Overthecliff
Overthecliff

There are millions who do not want to work. We make it easy for them not to work. The politicians have harnessed the FSA vote and short of 4 th Turning Crisis the system will not be fixed. We have hollowed out this nation. The fix for this is going to be ugly.

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