tag:blogger.com,1999:blog-21392130.post1171798800937591281..comments2023-11-26T06:57:37.441-05:00Comments on "The Lid": Perhaps The Snake Was an Atheist Anonymoushttp://www.blogger.com/profile/14337861108761350581noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-21392130.post-59700351322655851092014-02-17T16:42:31.927-05:002014-02-17T16:42:31.927-05:00http://www.agoyandhisblog.com/img/LFPR-65plusUpAll...http://www.agoyandhisblog.com/img/LFPR-65plusUpAllOthersDown.pngAnonymoushttps://www.blogger.com/profile/14337861108761350581noreply@blogger.comtag:blogger.com,1999:blog-21392130.post-40095273828120823982014-02-17T16:42:29.196-05:002014-02-17T16:42:29.196-05:00"...the unemployment rate was 6.7 percent in ..."...the unemployment rate was 6.7 percent in December 2013, and 6.6 percent In January 2014. And that's the good news. "<br /><br />Only if one falls for the distortion they apply to get this statistic down. In reality, total unemployment is on par with what we saw during the Depression of 1920-21.<br /><br /><br />"...the Labor Force Participation Rate has fallen to 63 percent..."<br /><br />This wouldn't be nearly as big a deal if the rate had not been plummeting, steadily, <i>at an unprecedented rate</i> since January of 2009.<br /><br />Meanwhile, news reports that this decline in LFPR is being caused by "Boomer Retirement" are pretty wildly exagerrated. The 65+ LFPR demographic is the only one that's actually moving in a positive direction.Anonymoushttps://www.blogger.com/profile/14337861108761350581noreply@blogger.com