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Response to DemocratSinceBirth (Reply #12)

Fri Aug 3, 2018, 10:16 AM

16. LFPR: Dec 2016: 62.7%, Jan 2017: 62.9%, July 2018: 62.9%

https://data.bls.gov/timeseries/LNS11300000

So it's actually up 0.2 percentage points from the last full Obama month (December 2016) and stagnant since the inaugural month of January 2017.

But a lot of the LFPR decline is due to boomer retirements.

Yallerdawg and I had a big roundy-round about that a few days ago, where I also looked at the so-called "prime age" workforce age 25-54 (which is unaffected by boomer retirements) :

https://www.democraticunderground.com/?com=view_post&forum=1116&pid=83215

2016: December: 81.4

` ` ` Jan ` Feb `Mar `Apr May Jun ` Jul `Aug `Sep Oct Nov Dec
2017 81.5 81.7 81.7 81.7 81.6 81.6 81.7 81.6 81.8 81.6 81.7 81.9
2018 81.8 82.2 82.1 82.0 81.8 82.0 82.1

As the post explains (and includes a graph thru June 2018), it's an upturn that began in the Obama administration, and perhaps is slowing down a bit in the Caligula admin.

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Arrow 28 replies Author Time Post
mahatmakanejeeves Aug 2018 OP
BumRushDaShow Aug 2018 #1
mahatmakanejeeves Aug 2018 #2
Snellius Aug 2018 #3
djacq Aug 2018 #4
mahatmakanejeeves Aug 2018 #5
heaven05 Aug 2018 #13
yallerdawg Aug 2018 #6
progree Aug 2018 #15
yallerdawg Aug 2018 #17
progree Aug 2018 #18
mahatmakanejeeves Aug 2018 #7
NewJeffCT Aug 2018 #8
Sunlei Aug 2018 #11
Bengus81 Aug 2018 #9
Sunlei Aug 2018 #10
DemocratSinceBirth Aug 2018 #12
LineLineReply LFPR: Dec 2016: 62.7%, Jan 2017: 62.9%, July 2018: 62.9%
progree Aug 2018 #16
DemocratSinceBirth Aug 2018 #19
progree Aug 2018 #20
DemocratSinceBirth Aug 2018 #21
progree Aug 2018 #22
DemocratSinceBirth Aug 2018 #25
progree Aug 2018 #26
DemocratSinceBirth Aug 2018 #27
mahatmakanejeeves Aug 2018 #14
videohead5 Aug 2018 #23
mahatmakanejeeves Aug 2018 #24
mahatmakanejeeves Aug 2018 #28
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