(05-22-2017 09:11 AM)cb4029 Wrote:  

(05-22-2017 08:59 AM)UTSAMarineVet09 Wrote:  so Trump is doing better than oblunder at being President? #Winning!

Trump fans are like Bama fans. They claim about 30 championships, but most of them aren't real.

you know what else isnt real? This.

(05-22-2017 09:18 AM)miko33 Wrote:  2014 62.9 62.9 63.1 62.8 62.8 62.8 62.9 62.9 62.8 62.9 62.9 62.7
2015 62.9 62.7 62.7 62.8 62.9 62.6 62.6 62.6 62.4 62.5 62.5 62.7
2016 62.7 62.9 63.0 62.8 62.6 62.7 62.8 62.8 62.9 62.8 62.6 62.7
2017 62.9 63.0 63.0 62.9 [/code]

So it appears compared with 2016. it's a small improvement on the labor participation rate, but unemployment of those in the labor force is going down.

So I'd say in this case it's a good situation for supporters of the administration. Could be better, but at least it appears to be in the right direction.

(05-22-2017 09:18 AM)miko33 Wrote:  

(05-22-2017 09:04 AM)miko33 Wrote:  

Code:

Year    Jan    Feb    Mar    Apr    May    Jun    Jul    Aug    Sep    Oct    Nov    Dec
2007    66.4    66.3    66.2    65.9    66.0    66.0    66.0    65.8    66.0    65.8    66.0    66.0
2008    66.2    66.0    66.1    65.9    66.1    66.1    66.1    66.1    66.0    66.0    65.9    65.8
2009    65.7    65.8    65.6    65.7    65.7    65.7    65.5    65.4    65.1    65.0    65.0    64.6
2010    64.8    64.9    64.9    65.2    64.9    64.6    64.6    64.7    64.6    64.4    64.6    64.3
2011    64.2    64.1    64.2    64.2    64.1    64.0    64.0    64.1    64.2    64.1    64.1    64.0
2012    63.7    63.8    63.8    63.7    63.7    63.8    63.7    63.5    63.6    63.8    63.6    63.7
2013    63.6    63.4    63.3    63.4    63.4    63.4    63.3    63.3    63.3    62.8    63.0    62.9
2014    62.9    62.9    63.1    62.8    62.8    62.8    62.9    62.9    62.8    62.9    62.9    62.7
2015    62.9    62.7    62.7    62.8    62.9    62.6    62.6    62.6    62.4    62.5    62.5    62.7
2016    62.7    62.9    63.0    62.8    62.6    62.7    62.8    62.8    62.9    62.8    62.6    62.7
2017    62.9    63.0    63.0    62.9

Sorry I wasn't clear, but this is the labor participation rates over the past 10 years or so. Since 2014, the participation rate has been very stable - but significantly lower than in 2009. Based on this, the unemployment rate data from Jan 2014 thru March of 2017 should be meaningful since the participation rate has been "standardized" over this time frame.
https://data.bls.gov/timeseries/LNS11300000

I would be really interested in an in depth analysis of labor force participation rate that considers baby boomer effect on the %.

All I know is that it's taking our company longer and longer to hire as the qualified candidate pool has definitely shrunk over the years.

(05-22-2017 09:22 AM)DaSaintFan Wrote:  

(05-22-2017 09:18 AM)miko33 Wrote:  2014 62.9 62.9 63.1 62.8 62.8 62.8 62.9 62.9 62.8 62.9 62.9 62.7
2015 62.9 62.7 62.7 62.8 62.9 62.6 62.6 62.6 62.4 62.5 62.5 62.7
2016 62.7 62.9 63.0 62.8 62.6 62.7 62.8 62.8 62.9 62.8 62.6 62.7
2017 62.9 63.0 63.0 62.9 [/code]

So it appears compared with 2016. it's a small improvement on the labor participation rate, but unemployment of those in the labor force is going down.

yep, and this will eventually drive more people out of "not looking for work" into "looking for work." This could cause the unemployment rate to go up, but the labor participation rate to also go up.