Category Archives: Unemployment

May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office

Posted on June 5, 2015 | 33 comments

May jobs report US Labor Dept. June 5, 2015, White Americans still losing jobs?, Will media report this?, Millenials impact?, Over 2.3 million fewer white Americans in labor force since Obama took office

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Did you know that as of the April jobs report there were over 2.3 million fewer white Americans in labor force since Obama took office?

That there were 316,000 fewer white Americans employed since January?

Only if you have been reading Citizen Wells.

The White House and media have been lying to you.

From Citizen Wells May 12, 2015.

“I have been warning you about the decimation of white American jobs under Obama.

Reported here recently:

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.

The real unemployment rate, that is, real humans not employed, could well be 23 percent.

From Shadow Government Statistics.

“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”

“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.”

UnemploymentRateAlternate

http://www.shadowstats.com/alternate_data/unemployment-charts

Still not alarmed?

From Zero Hedge May 11, 2015.

“Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), and yet despite all of their hard work they still find themselves mired in poverty.  One of the big reasons for this is that we have created two classes of workers in the United States. 

“Full-time workers” are entitled to an array of benefits and protections by law that “part-time workers” do not get.  And thanks to perverse incentives contained in Obamacare and other ridiculous laws, we have motivated employers to move as many workers from the “full-time” category to the “part-time” category as possible.  It may be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or more hours each week.  But to get any kind of a job at all is a real challenge in many parts of the country today.  As you read this article, there aremore than 100 million working age Americans that are not employed in any capacity.  And according to John Williams of shadowstats.com, if the federal government was actually using honest numbers the unemployment rate would be sitting at 23 percent.  That is not an “employment recovery” – that is a national crisis.””

Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

 

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Greensboro News Record repeats big lie, Unemployment rate Greensboro High Point metro, John Quinterno reality check, We’ll probably never catch up to where we were, Citizen Wells facts

Posted on June 4, 2015 | 19 comments

Greensboro News Record repeats big lie, Unemployment rate Greensboro High Point metro, John Quinterno reality check, We’ll probably never catch up to where we were, Citizen Wells facts

“The total number of working-age (16 to 65) immigrants (legal and illegal) holding a job in North Carolina increased by 313,000 from the first quarter of 2000 to the first quarter of 2014, while the number of working-age natives with a job declined by 32,000 over the same time.”…Center for Immigration Studies Aug 2014

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

It appears that the Greensboro News Record is attempting to report some realistic data on the employment situation in the Greensboro High Point metro area. I believe that the reason for this is because Republicans are in power now.

They quote John Quinterno of Chapel Hill-based South by North Strategies who is paying attention.

However, they still quote an unemployment rate of 5.3 percent which is, as Jim Clifton Of Gallup stated, a big lie.

From the Greensboro News Record June 4, 2015.

“An increase in Triad jobs pushes unemployment down”

“Month after month, we peek at unemployment figures for a bright spot. The rate goes down, but we’re not creating jobs.

This month, we’ve seen a solid year of job growth in the Greensboro-High Point metropolitan area, and it’s the kind of good news that doesn’t come with a catch, according to statistics released Wednesday by the N.C. Department of Commerce.

The April unemployment rate for the region was 5.3 percent — down nearly one percentage point from 6.2 percent in April 2014.

And the best news is that nearly 12,000 more people had jobs this April than a year ago.

In fact, the past 16 months have been a breakout period of sorts for the area, when the number of employed people rose and the number of unemployed dropped.

“Sometimes we’ve seen periods where the unemployment rate is falling because people are leaving the labor force, but this is a real pickup from a year ago and it shows real improvement,” said Andrew Brod, a senior research fellow for UNC-Greensboro’s Center for Business and Economic Research.

According to state data for April, 19,538 people were unemployed in the Greensboro-High Point metro area, which covers Guilford, Rockingham and Randolph counties.

Last month, it was 20,062 people.

In April 2014, there were 22,178 unemployed.

“I think what we’re seeing here is the economy in the (Greensboro-High Point metro) over the last month … it’s not hurting but there’s no dramatic improvement,” Brod said. “But if you look at it over the last year, you see a clear improvement.”

Still, a North Carolina economic and social policy consultant said that over the years Greensboro-High Point has not truly recovered from the recession.

John Quinterno of Chapel Hill-based South by North Strategies said that “if you look long term … the picture is less comforting. If you compare April 2015 to April 2008, you will see that the metro unemployment rate still is higher than it was seven years ago.””

“We’ll probably in some sense never catch up to where we were,”

Read more:

http://www.greensboro.com/business/an-increase-in-triad-jobs-pushes-unemployment-down/article_a9dcf4ca-0a64-11e5-bfc4-9bef70131f66.html

From Triad City Beat June 3, 2015.

“News & Record lays off nine employees”

Jeff Gauger,  publisher and editor of the News & Record, confirmed today that the daily paper eliminated nine full-time positions.

The positions, which were in the news, advertising and administration, were cut on June 3 “due to continuing softness in national advertising,” Gauger said, adding that the nine employees “were released with severance.” He did not provide further details about which positions were cut or which employees were laid off.

Read more:

News & Record lays off nine employees

Once again, the stated unemployment rate is a big lie.

The NC State website does not provide the participation rate by metro area but it does for the state.

In January 2009, when Obama took office, the participation rate was 65.2 percent.

In April 2015, the rate was 61.1 percent.

That is a plummet of 4.1 percent and accounts for much of the drop in the unemployment rate.

In the metro area there were 350,184 people employed in April 2008.

In April 2015 there were 348,297 people employed.

That is a drop of 1,887 employed!

In an area that has grown in population!

And of any so called jobs added, we do not know how many are part time or low paying.

But we do know this.

From Citizen Wells April 24, 2015.

“Another poll has ranked the Greensboro-High Point metropolitan area as among the hungriest in the country.

Only this time, the Gallup poll commissioned by the Food Research and Action Center in 2014 ranks the area No. 1 for people who had difficulties securing food, based on a percentage of the total population.

North Carolina placed eighth overall, with Mississippi at the top of the rankings. Louisiana was second, followed by West Virginia.”

“From the Center for Immigration Studies August 2014.

“Who Got the Jobs in North Carolina?”

“Natives accounted for most of the growth in population, but all employment growth went to immigrants”

Confirmation of NC employment big lie, 5.4 percent unemployment and job growth touted, Reality is 4.5 plummet in participation rate, Greensboro area first in nation in hunger, 5.6 percent drop in percent of population employed, Immigrants got jobs

Stop lying to us!!!

 

 

 

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Jobs, NC, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Unemployment

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ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell

Posted on June 3, 2015 | 38 comments

ADP and Labor Dept. jobs reports will not matter, White americans and millenials jobs decimated under Obama, 75 percent of jobs went to Hispanics, We are being lied to on a scale unimaginable by George Orwell

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Once again the media and the White House will prop up Obama and lie to the American people.

They have not been reporting the real jobs and economy situation in this country.

They especially are not reporting that White Americans have been decimated in the job market under Obama.

Don’t take my word for it. Go to the US Labor Dept. site and look for yourself.

From Market Watch June 3, 2015.

“Wall Street was poised for a positive session on Wednesday, with futures inching higher ahead of private-sector jobs data that could hint at the strength of the closely watched nonfarm-payrolls report.”

“Wednesday’s data: Investors will get a first sense of how the labor market performed in May with the ADP employment report, due at 8:15 a.m. Eastern Time. Economists polled by FactSet expect that 200,000 private-sector jobs were added in the month, up from a disappointing 169,000 in April.

The ADP figure is seen as a bellwether for the top-tier nonfarm-payrolls report due on Friday, although the private-sector data can at times veer substantially from the U.S. government’s report.”

http://www.marketwatch.com/story/us-stock-futures-climb-as-investors-wait-for-adp-jobs-clues-2015-06-03?link=MW_home_latest_news

Even if 200k jobs are added, it does not begin to make up for the massive losses of full time jobs under Obama, especially for White Americans and millenials.

Do not be fooled by the stated unemployment rate.

Jim Clifton, CEO of Gallup accurately called it a big lie.

Most of you reading this know that the economy, i.e., main street is not doing well.

That over 30 percent of millenials live with family members.

From Citizen Wells May 28, 2015.

“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.

There was an increase of over 12 million not in the labor force since Obama took office.

The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.

And all of those jobs that Obama bragged about and Janet Yellen and others referred to….

Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!

We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””

“Millennials are a bit of a mystery to Janet Yellen.

The head of the U.S. Federal Reserve said Tuesday that the behavior of millennials — which typically refers to a generation of people born in the 80s and 90s — has top economists scratching their heads.

“I think we’re just beginning to understand how the millennials are behaving,” Yellen said before the Senate Banking Committee. “They’re certainly waiting longer to buy houses; to get married. They have a lot of student debt. They seem quite worried about housing as an investment. They’ve had a tough time in the job market.”

”

  • The large increases since 2007 in the unemployment and underemployment rates of young college graduates, and in the share of employed young college graduates working in jobs that do not require a college degree, underscore that the current unemployment crisis among young workers did not arise because today’s young adults lack the right education or skills. Rather, it stems from weak demand for goods and services, which makes it unnecessary for employers to significantly ramp up hiring.
  • The long-run wage trends for young graduates are bleak, with wages substantially lower today than in 2000. Since 2000, the real (inflation-adjusted) wages of young high school graduates have dropped 10.8 percent, and those of young college graduates have dropped 7.7 percent.
  • The erosion of job quality for young graduates is also evident in their declining likelihood of receiving employer-provided health insurance or pensions.
  • Graduating in a bad economy has long-lasting economic consequences. For the next 10 to 15 years, those in the Class of 2014 will likely earn less than if they had graduated when job opportunities were plentiful.”

ParticipatioRate25DegreeFredgraph10year

 

I do not know how many jobs would have to be created each month to catch up with the huge losses under Obama.

But remember, many of the so called jobs created were part time and low wage. Another reason the immigrants have fared better.

My best SWAG would be double the current number with a much higher percentage of full time jobs.

Actually I do have the background to calculate a more accurate number but that requires a reliable starting point & getting that number would be a real challenge

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Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, George Orwell, Jobs, Labor Department, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Orwell, The Case Against Barack Obama, Unemployment, US economy

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Millennials renters not home owners for good reasons, High unemployment, Lower wages, Dropping out of labor force, Living with family, High student debt, White American jobs decimated by Obama economy

Posted on May 28, 2015 | 17 comments

Millennials renters not home owners for good reasons, High unemployment, Lower wages, Dropping out of labor force, Living with family, High student debt, White American jobs decimated by Obama economy

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Janet Yellen was mystified by millennials’ behaviour.

Apparently so is the media.

From Market Watch May 28, 2015.

“Why ‘Generation Rent’ is reluctant to buy houses”

“The fact that “Generation Rent” — 25- to 34-year-olds in the U.S. — isn’t getting off the fence when it comes to buying homes has been well documented. Even with near record-low interest rates, just 38% of this cohort — also known as millennials — owned homes in 2012, according to CoreLogic, compared with nearly 52% of the same age group in 1980, when mortgage rates were in the double digits.”

“Carrington Mortgage Services, a Santa Ana, Calif.-based mortgage lender and servicer, surveyed millennials about home ownership and then did something unique: it sorted the responses by category, and then broke them out by region in the United States.

What they discovered should make real estate agents and loan officers pay attention, because what’s keeping millennials from buying a home in one part of the country isn’t true in another.”

““Student loan debt is universal,” he said. “What does vary is how significant that becomes to the overall equation.””

Read more:

http://www.marketwatch.com/story/millennials-in-texas-and-in-california-reject-home-ownership-for-vastly-different-reasons-2015-05-28

How about these reasons:

From Citizen Wells March 1, 2015.

“At least 9 million native born Americans being added to the labor force and immigrants taking native born American jobs.

There was an increase of over 12 million not in the labor force since Obama took office.

The youngest members of the workforce, 16 and above will be hit the hardest by immigrant workers.

And all of those jobs that Obama bragged about and Janet Yellen and others referred to….

Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000 were Hispanic/Latino!

We have barely, if at all,  recovered all of the jobs lost during the recession and 75% of the job growth went to Hispanic/Latinos!!””

https://citizenwells.com/2015/03/01/hispanics-already-getting-75-percent-of-jobs-and-obama-giving-them-more-history-trumps-ihs-projections-white-population-millennials-getting-decimated-citizen-wells-reveals-year-by-year-of-obama-ame/

From Citizen Wells February 25, 2015.

“Janet Yellen: Millennials are a mystery”

“Millennials are a bit of a mystery to Janet Yellen.

The head of the U.S. Federal Reserve said Tuesday that the behavior of millennials — which typically refers to a generation of people born in the 80s and 90s — has top economists scratching their heads.

“I think we’re just beginning to understand how the millennials are behaving,” Yellen said before the Senate Banking Committee. “They’re certainly waiting longer to buy houses; to get married. They have a lot of student debt. They seem quite worried about housing as an investment. They’ve had a tough time in the job market.”

As the economy continues to gain strength, Yellen said she expects more millennials to buy homes and start families. “But,” she quipped, “we’ve yet to really see how this is going to affect that generation.””

“Census Bureau: 30.3% Millennials Still Living With Their Parents”

“From the Economic Policy Institute May 1, 2014.

“This paper’s title, The Class of 2014, is admittedly something of a misnomer, as we do not yet know the labor market outcomes of these soon-to-be graduates. However, the outcomes of recent high school and college graduates provide a good sense of the labor market conditions the young men and women graduating this spring will face. This briefing paper examines the labor market that confronts young graduates who are not enrolled in further schooling—specifically, high school graduates age 17–20 and college graduates age 21–24. We look at young graduates who are not enrolled in further schooling in an attempt to focus as closely as possible on the labor market outcomes of those who are starting their careers. ”

“Key findings include:”

  • “In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.
  • Unemployment and underemployment rates among young graduates are improving but remain substantially higher than before the recession began.
    • For young college graduates, the unemployment rate is currently 8.5 percent (compared with 5.5 percent in 2007), and the underemployment rate is 16.8 percent (compared with 9.6 percent in 2007).
    • For young high school graduates, the unemployment rate is 22.9 percent (compared with 15.9 percent in 2007), and the underemployment rate is 41.5 percent (compared with 26.8 percent in 2007).
  • Overall unemployment rates of young graduates mask substantial disparities in unemployment by race and ethnicity. The unemployment rates of blacks and Hispanics are substantially higher than the unemployment rates of white non-Hispanics, for both young high school graduates and young college graduates.
  • The large increases since 2007 in the unemployment and underemployment rates of young college graduates, and in the share of employed young college graduates working in jobs that do not require a college degree, underscore that the current unemployment crisis among young workers did not arise because today’s young adults lack the right education or skills. Rather, it stems from weak demand for goods and services, which makes it unnecessary for employers to significantly ramp up hiring.
  • The long-run wage trends for young graduates are bleak, with wages substantially lower today than in 2000. Since 2000, the real (inflation-adjusted) wages of young high school graduates have dropped 10.8 percent, and those of young college graduates have dropped 7.7 percent.
  • The erosion of job quality for young graduates is also evident in their declining likelihood of receiving employer-provided health insurance or pensions.
  • Graduating in a bad economy has long-lasting economic consequences. For the next 10 to 15 years, those in the Class of 2014 will likely earn less than if they had graduated when job opportunities were plentiful.”

Read more:

http://www.epi.org/publication/class-of-2014/

 From Market Watch February 18, 2015.

“HIGH STUDENT DEBT EQUALS FEWER HOME BUYERS”

“Going to college usually leads to better jobs and better pay, but it’s also left many people dangerously in debt and unable to buy a house years after they leave school.

A pair of reports in the past two days illustrate the point. The percentage of student loans at least 90 days overdue rose to 11.3% from 11.1% in the final three months of 2014, the New York Federal Reserve said Tuesday.

While delinquencies have fallen from a record 11.8% in 2013, they are still almost twice as high as they were 10 years earlier.

Then on Wednesday the government reported that construction of new homes fell slightly to a 1.06 million annual pace in January. While sales have been rising gradually, they still aren’t increasing nearly as fast as expected almost six years into an recovery. And the percentage of buyers purchasing their first home is still unusually low.

In a fully functioning economy, housing starts should be running around 1.4 million to 1.8 million a year, analysts estimate.

Clearly the weight of student loans is too heavy for many young people to buy a single-family home. Many can’t qualify for a loan in an era of tougher lending standards or afford the monthly cost of a mortgage.””

Janet Yellen millennials a mystery, Citizen Wells schools Yellen, Student debt and jobs, Influx of illegals impacting job market, 75 percent of Obama jobs went to Hispanics Latinos, High unemployment rates for young Americans

How about these charts?

ParticipatioRate25DegreeFredgraph10year

StudentLoansFredgraph

 

 

 

 

 

 

 

17 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Mortgage crisis, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

Posted on May 12, 2015 | 29 comments

Real unemployment rate 23 percent, 2.3 million fewer white Americans in labor force under Obama, 316k fewer white Americans employed since January 2015, 44 percent of Americans work 30 hours per week, Average age of minimum wage worker is 36, More than 100 million not working

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

I have been warning you about the decimation of white American jobs under Obama.

Reported here recently:

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

I have also reported about what Jim Clifton of Gallup accurately called a Big Lie, the stated unemployment rate.

The real unemployment rate, that is, real humans not employed, could well be 23 percent.

From Shadow Government Statistics.

“The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.”

“The ShadowStats Alternate Unemployment Rate for Aprile 2015 is 23.0%.”

UnemploymentRateAlternate

http://www.shadowstats.com/alternate_data/unemployment-charts

Still not alarmed?

From Zero Hedge May 11, 2015.

“Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans are working as hard as they can (often that means two or three jobs), and yet despite all of their hard work they still find themselves mired in poverty.  One of the big reasons for this is that we have created two classes of workers in the United States. 

“Full-time workers” are entitled to an array of benefits and protections by law that “part-time workers” do not get.  And thanks to perverse incentives contained in Obamacare and other ridiculous laws, we have motivated employers to move as many workers from the “full-time” category to the “part-time” category as possible.  It may be hard to believe, but right now only 44 percent of all U.S. adults are employed for 30 or more hours each week.  But to get any kind of a job at all is a real challenge in many parts of the country today.  As you read this article, there are more than 100 million working age Americans that are not employed in any capacity.  And according to John Williams of shadowstats.com, if the federal government was actually using honest numbers the unemployment rate would be sitting at 23 percent.  That is not an “employment recovery” – that is a national crisis.”

Read more:

http://www.zerohedge.com/news/2015-05-11/average-age-minimum-wage-worker-america-36

 

 

29 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, Economy, Employment, Obama, Obama administration, Obama lies, Obama Nation, Obama records, Unemployment

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Greensboro News Record regurgitates AP April jobs lies, Labor Dept. lies, Lie defined as giving false impression, 167k fewer white Americans employed in April, Almost 900k dropped from labor force since Jan, Part time jobs soar by 437k full time jobs tumble, Unemployment rate is big lie

Posted on May 10, 2015 | 39 comments

Greensboro News Record regurgitates AP April jobs lies, Labor Dept. lies, Lie defined as giving false impression, 167k fewer white Americans employed in April, Almost 900k dropped from labor force since Jan, Part time jobs soar by 437k full time jobs tumble, Unemployment rate is big lie

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

The Greensboro News Record is owned by Warren Buffet’s Berkshire Hathaway.

For that reason alone I am suspect of anything in print there.

Of course lies, statements and words that give false impressions are nothing new in the mainstream media.

The media, in lockstep with the Obama administration, continue to lie to us.

The Greensboro News Record on Saturday, May 9, 2015 regurgitated another AP jobs report that lies, i.e, gives a big false impression.

From the Greensboro News Record May 9, 2015.

“The U.S. stock market had its best day in two months Friday following good news about the job market.

The surge was enough to push two of the three major U.S indexes to gains for the week.

Investors were encouraged that U.S. employers added 223,000 jobs in April, a solid gain suggesting that the economy may be recovering after a stumbling start to the year.

While the jobs report is always closely watched, April’s survey garnered even more interest than usual after a poor March, which had revised figures showing only 85,000 jobs were added to payrolls.

“I am even more convinced that the March report was an outlier,” Paul Christopher, an investment strategist with Wells Fargo Advisors. “We all know the first quarter was a tough quarter. The jobs numbers needed to hold up and they did.””

(When I find a link to this I will supply it)

The News Record could have reported the following from the US Labor Dept website.

There were 167,000 fewer white Americans employed in April.

There were 316,000 fewer white Americans employed since January.

There were 875,000 more white Americans not in the labor force since January.

The labor force participation rate for white Americans dropped .4 percent since January.

It has dropped 3.3 percent under Obama.

There are over  2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.

Zero Hedge found and reported the following.

“For all the talk about a jobs recovery and about a US economy that has put the great financial crisis and recession of 2007/8 in the rear view mirror, don’t tell it to those workers who desire a full-time job and instead are forced to settle with measly part-time offerings (mostly courtesy of Obamacare). Because as the chart below shows, as of April 2015, the number of full-time jobs remained well below the pre-recession peak, which incidentally was hit on December 2007, the month the last recession officially started.

 

We bring this up because in April, while the establishment survey reported a number that was just below the consensus estimate (even if it revised the March number lower by 50%), the household survey painted a far less optimistic picture, with the number of part-time jobs surging by nearly half a million, the worst print since last June, while the number of full-time jobs tumbled by 252K, also the biggest drop in nearly a year.”

Read more:

http://www.zerohedge.com/news/2015-05-08/part-time-jobs-soar-437000-full-time-jobs-tumble-stay-firmly-under-pre-recession-hig

Why didn’t the News Record report that?

They do want for you to know the truth, right???

More lies from the government.

“OPA News Release

Five things you should know about the April employment numbers

WASHINGTON — With the release of the April 2015 Employment Situation Report today, U.S. Secretary of Labor Thomas E. Perez says there are five things you should know about the numbers:

  1. With 223,000 jobs added in April, private-sector employment has grown for 62 consecutive months — the longest streak on record — to the tune of 12.3 million jobs over that time.
  2. The national unemployment rate fell to 5.4 percent in April, the lowest it’s been since May 2008.
  3. The unemployment rate a year ago, in April 2014, was 6.2 percent. Since that time, the labor force participation rate has held steady, which means the decline in the unemployment rate has been due to people getting jobs.
  4. Job growth last month was particularly strong in three sectors: construction, professional and business services, and education and health services. These are sectors that have historically provided good-paying middle-class jobs.”

http://www.dol.gov/opa/media/press/opa/OPA20150840.htm

They must be referring to immigrants.

 

 

 

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Posted in Associated press, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, illegal aliens, Illegal immigrants, Immigrants, Jobs, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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April employment report US Labor Dept. BLS May 8, 2015, Media and White Houses lies continue, Unless you are an immigrant jobs lost under Obama not caught up, ADP 169k jobs added, March revised downward, Ask your news source why they lie to you

Posted on May 7, 2015 | 41 comments

April employment report US Labor Dept. BLS May 8, 2015, Media and White Houses lies continue, Unless you are an immigrant jobs lost under Obama not caught up, ADP 169k jobs added, March revised downward, Ask your news source why they lie to you

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

**  Breaking 8:45 AM from US Labor Dept.  **

April 2015 employment down 167,000 for white Americans, up 35,000 for Hispanic/Latino.

321,000 white Americans dropped out of the labor force in April and almost 900,000 this year!!

Bet you are not hearing that from the mainstream media!

Contact them now.

*********************************************************

It does not matter what the the April unemployment rate and jobs data is.

You have been lied to by the media and White House.

I am always sickened by the regurgitation of jobs data reporting by the media. Even conservative talk radio media.

Doesn’t anyone care enough to examine the data and not accept the reports at face value.

God bless Jim Clifton, the CEO of Gallup who recently called the unemployment rate a big lie.

He is correct!

I was pleasantly surprised to read the following on Market Watch this AM.

“Obama’s policy failures are not merely matters of public perception, but matters of economic reality as measured by his own administration. President Obama’s policies have resulted in slow economic growth and a chaotic web of foreign policy. We all know the data. The economy is growing at just over 2%. The first quarter of 2015 will likely show a shrinkage in gross domestic product. The unemployment rate is at a low 5.5% because millions of prime-age workers have left the labor force, leaving participation rates at 1978 levels. New employment data will be released on Friday that will indicate how the economy performed in April, the first month of the second quarter.

Young Americans, often known as millennials, are bearing the brunt of the stagnant economy. Youth unemployment, at 10.5%, is more than twice the unemployment rate of those age 25 and up, at 4.4%. If Clinton wants to attract large numbers of millennials, she needs to explain how her policies will be both different from Obama’s and helpful to young people. That explanation has not been forthcoming.”

Read more:

http://www.marketwatch.com/story/3-reasons-democrats-should-find-someone-other-than-hillary-2015-05-06

Also from Market Watch May 6, 2015.

For the first time in about two years, the U.S. created fewer than 200,000 private-sector jobs for two months straight, payrolls processor ADP said Wednesday.

The report will heighten fears that jobs creation — which had been the bright spot of late in the U.S. economy — is continuing to decelerate.

The U.S. created 169,000 private-sector jobs in April, ADP said, after a downwardly revised 175,000 jobs were created in March. From a peak of 284,000 jobs in November, job creation has slowed for five months in a row, ADP says.

http://www.marketwatch.com/story/adp-reports-fifth-straight-slowing-in-jobs-creation-2015-05-06

Another big lie:

“jobs creation — which had been the bright spot of late in the U.S. economy”

Only if you are an immigrant.

If you are a white American, which was 70 percent of the population, you have lost millions of jobs since Obama took the White House in January 2009 and those jobs have not been recovered.

That is why 30 percent of millenials live with family or friends and we have record food stamp use and hunger.

From Citizen Wells April 9, 2015.

“he Obama Ministry of Truth

Tell the big lie and repeat it.

Obama’s White House Council of Economic Advisers crafts the big lie, that a large portion of the drop in labor force participation is due to the aging of the population.

And WhiteHouse.org, in a report crafted by one of the advisers, Jason Furman, a member of the 2008 Obama campaign team, repeats the big lie.

So why was it necessary to devise the big lie and divert attention away from something?

Here is the rest of the story:”

“First let’s address the “February’s strong report “.

 From Citizen Wells March 7, 2015.

“Nonfarm payrolls increased 295,000 last month”

“Yet, if you simply look at the data from the US Labor Department you find:

43,000 fewer Whites employed in Feb!!!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

There were 250,000 more Hispanic/Latino workers employed since December 2014.

It is worse than that.”

Read more

Data from the US Labor Dept. for March 2015.

From Citizen News April 3, 2015.

“Total nonfarm payroll employment increased by 126,000 in March, and the unemployment rate was unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today.
Employment continued to trend up in professional and business services, health care, and retail trade, while mining lost jobs.”

http://www.bls.gov/news.release/empsit.nr0.htm

“Now for the rest of the story, the truth.

Also from the same website, historical tables.

There were 106,000 fewer whites employed in March.

There were 226,000 more whites not in the labor force.

There were 81,000 more Hispanic employments.

Don’t take my word for it.

Look it up!”

http://citizenwells.net/2015/04/08/the-employment-situation-in-march-2015-whitehouse-gov-obama-white-house-tells-the-big-lie-about-jobs-12-1-million-jobs-just-over-6-million-employment-gains-under-obama-75-percent-hispanic-latino/

You already know by now that one of the reasons for the drop in the labor force participation rate is the drop in employment of younger Americans.

The other big reason, that is not being reported (except here):

From Citizen News April 8, 2015.

“Why is the Obama White House erroneously blaming older workers for the drop in the labor force participation rate?

The answer is simple.

A diversion.

Why is this diversion necessary.

To hide the fact that younger and white American workers are being decimated by the Obama policies which include allowing so many illegals to stay in this country and work.

This is important.

The drop in labor force participation is significant despite the attempts by Obama et al to obfuscate the reasons.

However, perhaps even more significant is the number that are not in the labor force and therefore prevent the participation rate and unemployment rate from being worse.

Let’s focus on white Americans, since at the time the youngest members of the workforce were born, approx. 70 percent of the US population was white.

When Obama and the media lie about the job situation the implication is that all the so called jobs being created are dispersed proportionately.

That is not so.””

Read more:

Obama white house jobs reports, Tell the big lie and repeat it, Economic council labor participation rate lie repeated at WhiteHouse.gov, Another Obama diversion, Young Americans and whites not in labor force gain fewest jobs

I will be glad to educate any news source that will listen.

Wells

 

 

41 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Government, illegal aliens, Illegal immigrants, Immigrants, Jobs, Labor Department, Lies, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Downward spiral of US economy accelerates, Box stores closing correlates with consumer spending drop caused by horrible jobs situation, Internet sales factor, 30 percent of millenials living with family, Record food stamp usage and hunger

Posted on May 4, 2015 | 18 comments

Downward spiral of US economy accelerates, Box stores closing correlates with consumer spending drop caused by horrible jobs situation, Internet sales factor, 30 percent of millenials living with family, Record food stamp usage and hunger

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

 

 

Imagine a leaky toilet, a flow and ebb of water and then a flush.

That spiral of water going down the toilet is the picture I get of the US economy.

Scary.

I have been doing my best to warn of the real jobs situation, the real economy.

I know that internet sales are increasing and putting pressure on box stores, but the biggest problem now is on Main Street America and sooner or later it is going to impact Wall Street.

The real jobs situation in this country is scary and getting scarrier. Most of the jobs have been going to immigrants and many of the jobs are part time and/or lower wage.

That is why consumer spending is down, 30 percent of millenials live with family, there is record food stamp use and hunger levels are starting to be reminiscent of the Great Depression.

From Zero Hedge May 3, 2015.

“Major U.S. Retailers Are Closing More Than 6,000 Stores”

“If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have written about so frequently appears to be accelerating.  As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable.  So if this is happening already, what are things going to look like once the next recession strikes?  For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way.  And since I started The Economic Collapse Blog at the end of 2009, I have never seen as many indications that we are headed into another major economic downturn as I do right now.  If retailers are closing this many stores already, what are our malls and shopping centers going to look like a few years from now?

The list below comes from information compiled by About.com, but I have only included major retailers that have announced plans to close at least 10 stores.  Most of these closures will take place this year, but in some instances the closures are scheduled to be phased in over a number of years.  As you can see, the number of stores that are being permanently shut down is absolutely staggering…

180 Abercrombie & Fitch (by 2015)

75 Aeropostale (through January 2015)

150 American Eagle Outfitters (through 2017)

223 Barnes & Noble (through 2023)

265 Body Central / Body Shop

66 Bottom Dollar Food

25 Build-A-Bear (through 2015)

32 C. Wonder

21 Cache

120 Chico’s (through 2017)

200 Children’s Place (through 2017)

17 Christopher & Banks

70 Coach (fiscal 2015)

70 Coco’s /Carrows

300 Deb Shops

92 Delia’s

340 Dollar Tree/Family Dollar

39 Einstein Bros. Bagels

50 Express (through 2015)

31 Frederick’s of Hollywood

50 Fresh & Easy Grocey Stores

14 Friendly’s

65 Future Shop (Best Buy Canada)

54 Golf Galaxy (by 2016)

50 Guess (through 2015)

26 Gymboree

40 JCPenney

127 Jones New York Outlet

10 Just Baked

28 Kate Spade Saturday & Jack Spade

14 Macy’s

400 Office Depot/Office Max (by 2016)

63 Pep Boys (“in the coming years”)

100 Pier One (by 2017)

20 Pick ’n Save (by 2017)

1,784 Radio Shack

13 Ruby Tuesday

77 Sears

10 SpartanNash Grocery Stores

55 Staples (2015)

133 Target, Canada (bankruptcy)

31 Tiger Direct

200 Walgreens (by 2017)

10 West Marine

338 Wet Seal

80 Wolverine World Wide (2015 – Stride Rite & Keds)

So why is this happening?”

“The truth is that middle class U.S. consumers are tapped out.  Most families are just scraping by financially from month to month.  For most Americans, there simply is not a whole lot of extra money left over to go shopping with these days.

In fact, at this point approximately one out of every four Americans spend at least half of their incomesjust on rent…

More than one in four Americans are spending at least half of their family income on rent – leaving little money left to purchase groceries, buy clothing or put gas in the car, new figures have revealed.

 

A staggering 11.25 million households consume 50 percent or more of their income on housing and utilities, according to an analysis of Census data by nonprofit firm, Enterprise Community Partners.

 

And 1.8 million of these households spend at least 70 percent of their paychecks on rent.

 

The surging cost of rental housing has affected a rising number of families since the Great Recession hit in 2007. Officials define housing costs in excess of 30 percent of income as burdensome.”

Read more:

http://www.zerohedge.com/news/2015-05-02/major-us-retailers-are-closing-more-6000-stores

 

 

18 Comments

Posted in Americans, Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Lies, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Confirmation of NC employment big lie, 5.4 percent unemployment and job growth touted, Reality is 4.5 plummet in participation rate, Greensboro area first in nation in hunger, 5.6 percent drop in percent of population employed, Immigrants got jobs

Posted on April 24, 2015 | 21 comments

Confirmation of NC employment big lie, 5.4 percent unemployment and job growth touted, Reality is 4.5 plummet in participation rate, Greensboro area first in nation in hunger, 5.6 percent drop in percent of population employed, Immigrants got jobs

“The total number of working-age (16 to 65) immigrants (legal and illegal) holding a job in North Carolina increased by 313,000 from the first quarter of 2000 to the first quarter of 2014, while the number of working-age natives with a job declined by 32,000 over the same time.”…Center for Immigration Studies Aug 2014

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“In February 2015 there were 43,000 fewer white Americans employed, 354,000 more not in the labor force, 96,000 more employed and we added 295,000 jobs? Was Common Core math used?”…Citizen Wells

 

 

Smoke and mirrors may work for a while.

But sooner or later the smoke will dissipate.

Mirrors develop cracks.

So it is with the lies about the economy and jobs.

Just as in the US, the lies about the economy and jobs in NC will come to light.

From Citizen News April 24, 2015.

“The BLS reports a 5.4 percent unemployment rate for NC in March 2015.

The NC Dept. of Commerce reports a 5.4 percent unemployment rate for NC in March 2015.

The Charlotte Observer also reports a 5.4 percent unemployment rate for NC in March 2015.

“North Carolina’s unemployment rate rose a notch to 5.4 percent in March as tens of thousands of people entered the labor force in search of work.

The Labor and Economic Division of the N.C. Department of Commerce reported Tuesday that the unemployment rate rose one-tenth of a percentage point from 5.3 percent in February. A year ago, the state’s unemployment rate stood at 6.4 percent.”

“No mention of the fact that the NC labor force participation rate has plummeted 4.5 percent since January 2009 when Obama took office.”

Read more:

http://citizenwells.net/2015/04/24/nc-unemployment-rate-big-lie-bls-and-nc-commerce-dept-report-5-4-percent-march-2015-charlotte-observer-media-repeat-lie-no-mention-of-4-5-percent-plummet-in-participation-rate/

Now for the truth.

The NC labor force participation rate has plummeted 4.5 percent since January 2009 when Obama took office.

The employment to population rate has plummeted 5.6 percent since the Democrats took control of both US houses in Jan 2007.

From the Greensboro News Record April 18, 2015.

“Another poll has ranked the Greensboro-High Point metropolitan area as among the hungriest in the country.

Only this time, the Gallup poll commissioned by the Food Research and Action Center in 2014 ranks the area No. 1 for people who had difficulties securing food, based on a percentage of the total population.

North Carolina placed eighth overall, with Mississippi at the top of the rankings. Louisiana was second, followed by West Virginia.”

http://www.news-record.com/news/local_news/greensboro-high-point-top-nationwide-hunger-list/article_88828c52-e568-11e4-9b5b-db55afd7f635.html

From the Center for Immigration Studies August 2014.

“Who Got the Jobs in North Carolina?”

“Natives accounted for most of the growth in population, but all employment growth went to immigrants”

Among the findings:

  • The total number of working-age (16 to 65) immigrants (legal and illegal) holding a job in North Carolina increased by 313,000 from the first quarter of 2000 to the first quarter of 2014, while the number of working-age natives with a job declined by 32,000 over the same time.
  • The fact that all of the long-term net gain in employment among the working-age went to immigrants is striking because natives accounted for 61 percent of the increase in the total size of the state’s working-age population.
  • In the first quarter of this year, only 64 percent of working-age natives in the state held a job. As recently as 2000, 74 percent of working-age natives in North Carolina were working.
  • Because the native working-age population in North Carolina grew significantly, but the share working actually fell, there were 720,000 more working-age natives not working in the first quarter of 2014 than in 2000 — a 56 percent increase.

Read more:

http://cis.org/all-north-carolina-employment-growth-since-2000-went-to-immigrants

 

 

 

 

21 Comments

Posted in Barack Obama, Citizen News, Citizens for the truth about Obama, CitizenWells, Economy, Employment, Lies, NC, North Carolina, Obama, Obama administration, Obama lies, Obama Nation, Obama records, The Case Against Barack Obama, Unemployment

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Obama white house jobs reports, Tell the big lie and repeat it, Economic council labor participation rate lie repeated at WhiteHouse.gov, Another Obama diversion, Young Americans and whites not in labor force gain fewest jobs

Posted on April 9, 2015 | 12 comments

Obama white house jobs reports, Tell the big lie and repeat it, Economic council labor participation rate lie repeated at WhiteHouse.gov, Another Obama diversion, Young Americans and whites not in labor force gain fewest jobs

“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.”…Joseph Goebbels

 

 

The Obama Ministry of Truth

Tell the big lie and repeat it.

Obama’s White House Council of Economic Advisers crafts the big lie, that a large portion of the drop in labor force participation is due to the aging of the population.

And WhiteHouse.org, in a report crafted by one of the advisers, Jason Furman, a member of the 2008 Obama campaign team, repeats the big lie.

So why was it necessary to devise the big lie and divert attention away from something?

Here is the rest of the story:

From Citizen News April 7, 2015.

From  “The Labor Force Participation Rate since 2007″ July 2014.

“Summary of the Main Results

Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent in the second quarter of 2014, a decline of 3.1 percentage points. In this report, the Council of Economic Advisers estimates that this 3.1 percentage point decline can be attributed to three main sources:

About half of the decline (1.6 percentage point) is due to the aging of the population. Because older individuals participate in the labor force at lower rates than younger workers, the aging of the population exerts downward pressure on the overall labor force participation rate. While older workers today are participating in the labor force at higher rates than older workers of previous generations, there is still a very large drop-off in participation when workers enter their early 60s.”

“In the last few years the aging of the population has been an increasingly important source of the decline in the participation rate. From the beginning of 2011 to the second quarter of 2014, the participation rate fell by 1.4 percentage points. Around 70 percent of that decline (1.0 percentage point) can be directly attributed to the aging of the population and increased retirements.”
“The Aging of the Workforce The largest single factor in the decline of the participation rate since the end of 2007 is the aging of the workforce—something that was predicted well before the Great Recession. Every year since 2000, the Economic Report of the President has mentioned the post-2008 decline in the labor force participation rate as a factor slowing growth of potential real GDP. In 2004, the first year in which their ten-year forecast included the 2007-2013 period, CBO predicted that participation would fall by 1 percentage point between 2007 and 2013 due to aging. Also, in 2006 researchers from the Federal Reserve predicted, based solely on aging and other trends, that the participation rate would fall to 63.3 percent in 2013—the exact value to which it fell (Aaronson et al. 2006).”

Compare the above to the following.

From Market Watch March 5, 2015.

“Many older workers are holding on to their jobs instead of retiring — and that’s causing a logjam in the labor market.

After reaching a historic peak in 2000, the labor force participation rate — the sum of workers and those who want to work as a proportion of the working-age population — “drifted gradually downward,” says Patrick O’Keefe, director of economic research at CohnReznick, an accounting and advisory firm. The decline accelerated with the 2008 recession and the rate fell to a 36-year low of 62.8% at the end of 2013 and, he says, “has hovered around that level since.” The rate was at 62.9% in January 2015.

There’s been a sharp decline in labor force participation among younger workers (aged 16 to 24) and prime-age working adults (aged 25 to 54), according to the most recent Bureau of Labor Statistics figures, while older workers have been holding on to their jobs. “Coincidentally, a larger share of baby boomers, an exceptionally large cohort, continues to participate at historically high levels,” O’Keefe says. “Fewer Americans have or are seeking jobs and that has long-term implications for the U.S. economy and economic policy.”

In the fourth quarter, the labor force participation rate of younger workers was just 55.5% after holding steady at about 66% from 1998 to 2000, and participation by the prime earning group (ages 25 to 54) was unchanged at 80.8% after peaking at 84.4% in early 2000. However, participation among those approaching retirement had slipped only slightly from the mid-2010 post-war record rate of 65.3% to 64.3% in the most recent quarter and was 18.6% for those 65-plus, just shy of a two-year high of 19%.

Americans have either decided to remain in the workforce at a time when they might have otherwise retired due to finances or because they like working, “and that has meant greater competition for jobs,” says Mark Hamrick, Washington bureau chief at personal finance site Bankrate.com. Only 26% of Americans have a traditional notion of retirement in which they plan to stop working altogether, according to a new survey of 7,000 households released last week by The Pew Charitable Trusts.”

http://citizenwells.net/2015/04/07/obama-white-house-council-of-economic-advisers-lies-about-labor-force-participation-blame-older-workers-more-younger-workers-not-participating-white-americans-decimated-by-obama-policies/

Notice the reliance on predictions as did Goldman Sachs Chief Economist Jan Hatzius.

Big lie repeated.

From Citizen News April 8, 2015.

From WhiteHouse.gov February 6, 2015.
“The Employment Situation in January”

“Posted by Jason Furman”

“2. The labor force participation rate rose to 62.9 percent in January, and has been relatively stable, on balance, since October 2013—during which time the unemployment rate has fallen by 1.5 percentage point.The recent stabilization in the participation rate suggests that all of the decline in the unemployment rate over the past fifteen months has been due to employment gains. Over the recovery as a whole, the participation rate has fallen, in large part because of two simultaneous events that hit in 2008: the worst economic crisis since the Great Depression, and the beginning of a retirement boom as the first Baby Boomers became eligible for Social Security. Last summer, the Council of Economic Advisers released a report elaborating on these and other factors driving the decline in the participation rate. Updating the analysis to account for today’s data, CEA estimates that of the 3.0 percentage-point decline in the participation rate from 2007:Q4 to January 2015, 1.8 percentage point is due to the natural aging of the population and 0.5 percentage point is due to standard business-cycle effects. The remaining 0.8 percentage point is a “residual” that could reflect either less-well-understood pre-existing trends or lingering after-effects from the unusual severity of the Great Recession. (Components do not sum to total due to rounding.) Although the effect of an aging population is likely to exert downward pressure on the participation rate for years to come, the President has proposed a number of policy steps that can help support labor force participation and the economy’s long-run potential output. An updated discussion of the labor force participation rate and policy implications will appear in the forthcoming Economic Report of the President.”

http://citizenwells.net/2015/04/08/obama-white-house-lies-exceed-orwellian-levels-monthly-jobs-reports-labor-force-participation-blamed-on-older-workers-retiring-blame-falls-on-obama-and-lack-of-jobs-for-younger-americans/

More Obama White House lies for the March 2015 jobs report.

From Citizen News April 8, 2015.

“From the Obama Ministry of Truth at WhiteHouse.gov, April 3, 2015.

“The Employment Situation in March”

“The March employment report reflects a pace of monthly job growth below the recent trend, coming on the heels of February’s strong report. The unemployment rate was stable, broader measures of unemployment fell, and hourly earnings continued their rise. A range of factors including the weather and the global economic slowdown have affected economic data for the first quarter. The President has been clear that he will continue to push for policies including investments in infrastructure and relief from the sequester that would help ensure the strong underlying longer-term trends persist.

FIVE KEY POINTS IN TODAY’S REPORT FROM THE BUREAU OF LABOR STATISTICS

1. The private sector has added 12.1 million jobs over 61 straight months of job growth, extending the longest streak on record. Today we learned that total nonfarm payroll employment rose by 126,000 in March, driven by a 129,000 increase in private-sector employment. This particular month’s job gains were below the recent trend, as job growth in a number of industries slowed somewhat (see point 5). Over the past twelve months, the private sector has added 3.1 million jobs, nearly the highest year-over-year growth in the recovery so far.”

Read more

First let’s address the “February’s strong report “.

 From Citizen Wells March 7, 2015.

“Nonfarm payrolls increased 295,000 last month”

“Yet, if you simply look at the data from the US Labor Department you find:

43,000 fewer Whites employed in Feb!!!

There were 354,000 more people not in the labor force!

There were 180,000 more people not in the labor force who want a job now!

There were 250,000 more Hispanic/Latino workers employed since December 2014.

It is worse than that.”

Read more

Data from the US Labor Dept. for March 2015.

From Citizen News April 3, 2015.

“Total nonfarm payroll employment increased by 126,000 in March, and the unemployment rate was unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today.
Employment continued to trend up in professional and business services, health care, and retail trade, while mining lost jobs.”

http://www.bls.gov/news.release/empsit.nr0.htm

“Now for the rest of the story, the truth.

Also from the same website, historical tables.

There were 106,000 fewer whites employed in March.

There were 226,000 more whites not in the labor force.

There were 81,000 more Hispanic employments.

Don’t take my word for it.

Look it up!”

http://citizenwells.net/2015/04/08/the-employment-situation-in-march-2015-whitehouse-gov-obama-white-house-tells-the-big-lie-about-jobs-12-1-million-jobs-just-over-6-million-employment-gains-under-obama-75-percent-hispanic-latino/

You already know by now that one of the reasons for the drop in the labor force participation rate is the drop in employment of younger Americans.

The other big reason, that is not being reported (except here):

From Citizen News April 8, 2015.

“Why is the Obama White House erroneously blaming older workers for the drop in the labor force participation rate?

The answer is simple.

A diversion.

Why is this diversion necessary.

To hide the fact that younger and white American workers are being decimated by the Obama policies which include allowing so many illegals to stay in this country and work.

This is important.

The drop in labor force participation is significant despite the attempts by Obama et al to obfuscate the reasons.

However, perhaps even more significant is the number that are not in the labor force and therefore prevent the participation rate and unemployment rate from being worse.

Let’s focus on white Americans, since at the time the youngest members of the workforce were born, approx. 70 percent of the US population was white.

When Obama and the media lie about the job situation the implication is that all the so called jobs being created are dispersed proportionately.

That is not so.”

http://citizenwells.net/2015/04/08/obama-white-house-labor-force-participation-lies-explained-covering-for-white-american-job-losses-another-obama-diversion-just-over-1-million-more-white-employments-despite-millions-entering-work-f/

The Obama camp.

Masters of diversions.

 

 

 

 

 

 

 

 

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