Posted On: 11/17/2016 7:42:20 PM
Post# of 65629
Truth is good.....and this is very important... "The BLS includes part-time workers in the employment numbers "
So as you can tell....the major increase in part time employment compounded by the sharp decline in the labor participation rate helped suffice the argument that this administration revived the economy. The reality is that they didn't as much as they said they did.
The new administration will attempt to suggest that they revived the economy ..that is...if the current charts prove to be a good indicator that such will happen. Simply put...we need to see a slight rise...or a static... in the unemployment rate compounded with a steady rise in the labor participation rate. If that happens...trump will say his tax plan worked. Only because there are more participants in the labor force though.
So as you can tell....the major increase in part time employment compounded by the sharp decline in the labor participation rate helped suffice the argument that this administration revived the economy. The reality is that they didn't as much as they said they did.
The new administration will attempt to suggest that they revived the economy ..that is...if the current charts prove to be a good indicator that such will happen. Simply put...we need to see a slight rise...or a static... in the unemployment rate compounded with a steady rise in the labor participation rate. If that happens...trump will say his tax plan worked. Only because there are more participants in the labor force though.
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