Black Labor Force Participation Rate Under Obama Hits Rock Bottom – Lowest Level Ever Recorded

[lostinblue 1,989]

Black Labor Force Participation Rate Under Obama Hits Rock Bottom – Lowest Level Ever Recorded

Guest Post be Kristinn Taylor

Five years in to Barack Obama’s presidency, the number of African-Americans participating in the labor force has hit rock bottom.

The news media has ignored this stunning revelation from Friday’s monthly jobs report by the Labor Department.

The exception has been PBS, which interviewed economist Dean Baker who had written about it in a report published Friday.

“The drop in labor force participation was sharpest for African Americans, who saw a decline of 0.3 percentage points to 60.2 percent, the lowest rate since December of 1977.

The rate for African American men fell 0.7 percentage points to 65.6 percent, the lowest on record.

The decline in labor force participation was associated with a drop in the overall African American unemployment rate of 0.5 percentage points to 11.9, and a drop of 0.6 percentage points to 11.6 percent for African American men.”

Baker, Co-Director of the Center for Economic and Policy Research, told PBS’s Judy Woodruff Friday that contrary to those who spin the falling labor force participation rate as mainly coming from retiring Baby Boomers, young workers are dropping out by the millions.

“…it is easy to see the big falloff in labor force participation is among prime age workers, 25-to-54-years-olds. That is down by four full percentage points. That is equivalent to five million people in their prime ages. They are not retiring at age 50.”

The White House fed black media the news that black unemployment was down five points from its 2010 high of 16.9% but did not say that this was largely the result of more African-Americans giving up on finding jobs in the Obama economy.

While black support for Obama is over 80%, some in the African-American community put their desire for a job ahead of their pride in the first black president in the 2012 election. According to Pew Research, 19% of young black men voted for Republican Mitt Romney—a loss of 14% for Obama from 2008.

Economist Walter Williams put black labor force participation in historical context in a column published last April by pointing out that up until the 1960s blacks were as well or better represented in the labor force than whites.

“From 1900 to 1954, blacks were more active than whites in the labor market. Until about 1960, black male labor force participation in every age group was equal to or greater than that of whites. During that period, black teen unemployment was roughly equal to or less than white teen unemployment. As early as 1900, the duration of black unemployment was 15 percent shorter than that of whites; today it’s about 30 percent longer.”

What happened after that? Liberalism–and now Obama.

http://www.thegatewaypundit.com/2014/01/black-labor-force-participation-rate-under-obama-hits-rock-bottom-lowest-level-ever-recorded/

Could the reason be as I said before.......Undocumented Democrats taking away the only jobs that someone who has dropped out of school in the 10th grade.can get. .... (work in the trades) Building,welding ect... Go down south to a building job site... Spanish IS the language most often heard.....

[We Keep Receipts 9,238]

Because we know black people all had jobs under every other president. Yep, thanks Obama.

[Mr. Big Dog 10,747]

The labor force participation rate is declining. It's a trajectory that began as the baby boomers started reaching age 55 a bit over a decade ago. It's a trend that will continue for at least another decade as the baby boomers move towards and into retirement. We knew this would happen for some time. Nothing sensational about it.

The question then is, why would anyone expect African Americans to escape the overall trend?

[We Keep Receipts 9,238]

The labor force participation rate is declining. It's a trajectory that began as the baby boomers started reaching age 55 a bit over a decade ago. It's a trend that will continue for at least another decade as the baby boomers move towards and into retirement. We knew this would happen for some time. Nothing sensational about it.

The question then is, why would anyone expect African Americans to escape the overall trend?

Because it's another rant against Obama. I think once 2016 comes, it will be bittersweet for LIB. The reign of terror will be over(in his mind), but what will he have to talk about? Unless we get another president that looks Kenyan...

[The Nature Boy 4,224]

Black Labor Force Participation Rate Under Obama Hits Rock Bottom – Lowest Level Ever Recorded

Guest Post be Kristinn Taylor

Five years in to Barack Obama’s presidency, the number of African-Americans participating in the labor force has hit rock bottom.

The news media has ignored this stunning revelation from Friday’s monthly jobs report by the Labor Department.

The exception has been PBS, which interviewed economist Dean Baker who had written about it in a report published Friday.

“The drop in labor force participation was sharpest for African Americans, who saw a decline of 0.3 percentage points to 60.2 percent, the lowest rate since December of 1977.

The rate for African American men fell 0.7 percentage points to 65.6 percent, the lowest on record.

The decline in labor force participation was associated with a drop in the overall African American unemployment rate of 0.5 percentage points to 11.9, and a drop of 0.6 percentage points to 11.6 percent for African American men.”

Baker, Co-Director of the Center for Economic and Policy Research, told PBS’s Judy Woodruff Friday that contrary to those who spin the falling labor force participation rate as mainly coming from retiring Baby Boomers, young workers are dropping out by the millions.

“…it is easy to see the big falloff in labor force participation is among prime age workers, 25-to-54-years-olds. That is down by four full percentage points. That is equivalent to five million people in their prime ages. They are not retiring at age 50.”

The White House fed black media the news that black unemployment was down five points from its 2010 high of 16.9% but did not say that this was largely the result of more African-Americans giving up on finding jobs in the Obama economy.

While black support for Obama is over 80%, some in the African-American community put their desire for a job ahead of their pride in the first black president in the 2012 election. According to Pew Research, 19% of young black men voted for Republican Mitt Romney—a loss of 14% for Obama from 2008.

Economist Walter Williams put black labor force participation in historical context in a column published last April by pointing out that up until the 1960s blacks were as well or better represented in the labor force than whites.

“From 1900 to 1954, blacks were more active than whites in the labor market. Until about 1960, black male labor force participation in every age group was equal to or greater than that of whites. During that period, black teen unemployment was roughly equal to or less than white teen unemployment. As early as 1900, the duration of black unemployment was 15 percent shorter than that of whites; today it’s about 30 percent longer.”

What happened after that? Liberalism–and now Obama.

http://www.thegatewaypundit.com/2014/01/black-labor-force-participation-rate-under-obama-hits-rock-bottom-lowest-level-ever-recorded/

Could the reason be as I said before.......Undocumented Democrats taking away the only jobs that someone who has dropped out of school in the 10th grade.can get. .... (work in the trades) Building,welding ect... Go down south to a building job site... Spanish IS the language most often heard.....

Change you can believe in

The labor force participation rate is declining. It's a trajectory that began as the baby boomers started reaching age 55 a bit over a decade ago. It's a trend that will continue for at least another decade as the baby boomers move towards and into retirement. We knew this would happen for some time. Nothing sensational about it.

The question then is, why would anyone expect African Americans to escape the overall trend?

someone has a new MSNBC liberal talking point, for any time anyone criticizes Obama.

[Mr. Big Dog 10,747]

someone has a new MSNBC liberal talking point, for any time anyone criticizes Obama.

The labor force participation rate in Jan 2009 was 65.7%. The African American labor force participation rate that month stood at 62.8% - that is 2.9 percentage points below the overall rate. Fast forward to Dec 2013 and you will have an overall rate of 62.8% and an African American rate of 59.9% - the exact same 2.9 percentage points below the overall rate. These are the facts. Your response to the facts is the usual drivel.

[GandD 5,966]

someone has a new MSNBC liberal talking point, for any time anyone criticizes Obama.

someone has a new Fox conservative talking point, for any time anyone praises Obama.

Both are true.

[Mr. Big Dog 10,747]

Both are true.

Problem is that the demographic changes and their impact on the labor force participation rate are a real life fact. This fact exists independent of who occupies the Oval Office. It existed before Obama moved into 1600 Penn Ave and it will continue to exist after he moves out. Our population is getting older and older people participate in the workforce at lower rates than those of us in our younger years. What can I say? Water is wet. And that too is true whether Obama is President or not. So blaming Obama for the declining labor force participation rate is like blaming him for water being wet.

[Karee 4,191]

The labor force participation rate in Jan 2009 was 65.7%. The African American labor force participation rate that month stood at 62.8% - that is 2.9 percentage points below the overall rate. Fast forward to Dec 2013 and you will have an overall rate of 62.8% and an African American rate of 59.9% - the exact same 2.9 percentage points below the overall rate. These are the facts. Your response to the facts is the usual drivel.

Right on. The Kenyan is destroying jobs across the board regardless of race.

[lostinblue 1,989]

Right on. The Kenyan is destroying jobs across the board regardless of race.

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

[Trumplestiltskin 5,791]

Unemployment is unemployment, its irrelevant if you're black, white or whatever. A flat economy does noone any good.

When times are good the poor get f*cked. Guess what happens when times are bad.

No American government in the last few decades has given a toss about the poor.

Edited January 15, 2014 by Papa Lazarou

[Mr. Big Dog 10,747]

Right on. The Kenyan is destroying jobs across the board regardless of race.

It gets a little old but I'll repeat it for the cheap seats in the back once more: The labor force participation rate is declining mainly due to demographics - the aging of the baby boomers to be precise. As to the other point, the Kenyan has thus far created a net of three and a quarter million private sector jobs. He hasn't destroyed any. That compares to two and a quarter million net jobs created by the previous administration over the first 59 months. Were you all accusing Bush of destroying jobs across the board as well? Asking because there were fewer jobs created then and the labor force participation rate was on the decline then as well - again, due to demographics but that doesn't seem to matter in the discussion here.

[Mr. Big Dog 10,747]

Unemployment is unemployment, its irrelevant if you're black, white or whatever. A flat economy does noone any good.

When times are good the poor get f*cked. Guess what happens when times are bad.

No American government in the last few decades has given a toss about the poor.

This is true.

[ready4ONE 5,400]

Because it's another rant against Obama. I think once 2016 comes, it will be bittersweet for LIB. The reign of terror will be over(in his mind), but what will he have to talk about? Unless we get another president that looks Kenyan...

3 more years of 'The Kenyan' and LIB will have to move on to 'Killary' rants. Best just to get used to it.

[Trumplestiltskin 5,791]

3 more years of 'The Kenyan' and LIB will have to move on to 'Killary' rants. Best just to get used to it.

Highbrow stuff. He should be on SNL ;-)