Published: Friday, Feb. 14 2014 7:00 a.m. MST
The labor force participation rate is the lowest its been in 30 years.Hopey changey isn't working too well.
Jobs not on the radar? Here is a statement from CNN news:"Four
of the states in the top five for job creation – North Dakota, South
Dakota, Texas, and Nebraska -- “are strongly Republican in party
affiliation,” reported Gallup, while “all four states with a long
track record at the bottom – Rhode Island, Connecticut, Vermont, and New
York – are heavily Democratic.”Hmm? How are those
Democratic states of California, and Illinois doing?
Once upon a time, the labor force participation was under 50%. Remember those
days when only one parent needed employment to support the whole family? And
the other could stay home to mind the children and the household? Maybe
that's what we should be aiming for again. Raising wages, especially at
the bottom of the ladder could make that possible again for many families. I
support the $15 minimum wage being pioneered in Seattle. Let's hope it
catches on.As for the current labor non-participation figures... A
little perspective would be useful. Remember the "baby boom?"
That's the huge cohort of Americans born in the years immediately following
WWII. They're retiring now. I'm not sure we should be wringing our
hands about people who can afford to retire, or stay home to mind the children,
or 16 year-olds staying in school.Further, many under-65s, otherwise
able to retire, needed to keep working, just for employee health insurance.
Obamacare unshackles them from medical emergency bankruptcy fears, a godsend.Rather than promoting random political speculation, maybe you could
interview some demographer who might explain the whys of the numbers?
QuakerI agree adding some demographic information would be useful.
Not sure it would make the numbers cited in the article more palatable. The demographer would likely tell us that the household with two adults
will soon be the exception rather than the rule. Hard to have one parent work
and the other stay home when many children aren't born into a home with two
parents and the majority will end up in a home with only one parent.It would be interesting to know what percentage of US households have no
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