Comments on: Let’s Cut the Crap — Labor Force Participation Rate https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/?utm_source=rss&utm_medium=rss&utm_campaign=lets-cut-the-crap-labor-force-participation-rate 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Fri, 28 Aug 2015 16:23:00 +0000 hourly 1 https://wordpress.org/?v=5.9.11 By: JLM https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2156 Fri, 28 Aug 2015 16:23:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2156 In reply to Wes Ramsay.

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The notion that the US is filled with uncommitted talent and drive is what I see also.

We are at the launching pad and need a boost.

BRC
http://www.themusingsofthebigredcar.com

]]> By: JLM https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2155 Fri, 28 Aug 2015 16:20:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2155 In reply to pointsnfigures.

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Interestingly enough the participation in the labor force by 65+ is increasingly in a meaningful way. I have a chart and will post it soon. Another blog post.

I was surprised but then folks can’t afford to retire can they?

Broke, living too long, etc.

I think America is overflowing with talent and folks who want to work which is why the SBA and immigration are so important.

Stay well.

BRC
http://www.themusingsofthebigredcar.com

]]> By: pointsnfigures https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2154 Fri, 28 Aug 2015 15:30:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2154 Some of it is due to old baby boomers leaving the workforce-but govt keeps redefining the meaning of looking for work and jobs. We have a lot of unemployed in the US right now that are uncounted. If we didn’t neither Sanders or Trump would have a following.

]]> By: Wes Ramsay https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2153 Fri, 28 Aug 2015 15:26:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2153 Dear BRC! Thanks for this post, and may I add, all your posts. I encountered you about six weeks ago, and this little patch of yours is a source of great inspiration and clear thinking.

I’m not an economist, but try to follow the discussion. These charts line up so closely with what I see happening around me, a sense of sooo much unused human potential just waiting to get going, that somehow can’t get going. Don’t know how else to explain or express it.

Me, I’m so happy to be doing what I’m doing, where I’m doing it, with the people I love–no whines here. I do wish I could spread the joy a bit more, though. That’s one reason I read your thoughts–you seem to have that ability.

Have a wonderful weekend, and thanks again.

]]> By: JLM https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2151 Fri, 28 Aug 2015 12:16:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2151 In reply to Jess Bachman.

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Very, very, very cool!

Great explanation!

BRC
http://www.themusingsofthebigredcar.com

]]> By: Jess Bachman https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2150 Fri, 28 Aug 2015 12:11:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2150 The goverment has some seriously messed up definitions of “employed” so I generally take data around that with a grain of salt. Maybe the decline isn’t so much a bellwether of a declining economy, but a shift in how people are working these days, combines with some BLS fuzzy math.

For fun, here is a video I produced a few years ago on the topic. https://www.youtube.com/watch?v=Ulu3SCAmeBA

]]> By: JLM https://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/#comment-2149 Fri, 28 Aug 2015 11:30:00 +0000 http://themusingsofthebigredcar.com/?p=4360#comment-2149 .

The Labor Force Participation Rate and its significance bottom lined by the Big Red Car?

http://themusingsofthebigredcar.com/lets-cut-the-crap-labor-force-participation-rate/

BRC

http://www.themusingsofthebigredcar.com

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