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RIP Labor Force Participation Rate Less than 2/3rds of able

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RIP Labor Force Participation Rate

Less than 2/3rds of able bodied Americans are working

WTF Economists
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>>1550377
>Less than 2/3rds of able bodied Americans are working

Easier for niggers to collect a welfare check than to actually work at McDonadls for a living.

Its funny cuz niggers think that handouts & welfare is more "dignified" than entry level work.
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>>1550412

What welfare are you always talking about?
Unemployed get little but (degrading) foodstamps and resent in the USA. If you think being unemployed is fun, you are free to become so anytime.
>>
min wage sucks

I'd rather be homeless and studying somewhere warm
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>>1550417
>Unemployed get little but (degrading) foodstamps and resent in the USA.
lmao

you're fucking delusional.
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>>1550417
The best part is it's always the NEETs living off of mom and dad's money that cry about welfare.

It's hard to believe that people could be envious of those who need financial assistance to get by but I can't think of any other reason they'd be so hostile about it.
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>>1550377
This is kinda retarded cause 16 and over covers a lot of people who shouldn't be working anyway.

20 million people enrolled in college this year. So that's a huge chunk of people who are unemployed being counted.
Additionally there is something like 10 million kids in highschool over the age of 16 being counted.

Obviously some of these kids work but I'd say on the book jobs being held through high school and college is not the norm so maybe about 10% of those people listed above have jobs.

Also a decent percentage of the adult population is working some kind of off the book jobs, I'm 20 and still live at home and am technically unemployed but I still work off the books as a waiter.

I'd say unemployment is more likely under 20%.
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How much do exactly murricans get neetbux?

in soviet european union it's 500~ usd a month + housing. If you have recent work history you could easily get 1000 + housing
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>>1550445
The LF participation rate is not the unemployment rate statistics which I think you are conflating.

They take the LFPR and run through and cut up the number various ways by who of the able bodied should be working.
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>>1550417
This. People who think public assistance is the height of luxury have their head so far up their ass they can see their tonsils. You get maybe 40% of your salary for 26 weeks and don't qualify for food stamps or section 8 until you've been out of work longer. There are tons of forms to fill out, and they _never_ have all of them upfront so you make several trips/appointments and then the busybody 3rd degree investigations (grandma sent you $5 for your birthday? here's another stack of forms you dirty cheat!) cause even more delays. It's a full time job getting even a little help and then they're on your ads about why you aren't taking 20 interviews per day and spending money you don't have to move 5 states over for a 90-day contract in Bumfuck Indiana. Take your prosperity gospel and shove it.
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4% difference isn't that significant to me. If it drops below 60% than sound the alarm.
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>>1550447
$200 in food, and discounted housing + disability if you're willing to work the system and it'll take years and you'll get less food money.
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b-b-b-but socialism works goy
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>>1550435

That's called knowing more than Fox News tells you, kiddo.
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>>1550377
But muh 5% unemployment. Muh O'Bama.
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>>1550377
>Less than 2/3rds of able bodied Americans are working
It's actually closer to 1/2. Real unemployment (which is "non-participation" combined with the official "unemployment" statistic) hasn't been this high since we started recording data, and in all likelihood hasn't been this high since the great depression.

We're going to see some major problems within the next decade. Start saving and investing to build your castle of wealth now, because I can tell you the rich are not going to get the short end of the stick when shit hits the fan.
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>>1550776
where did you get the combined data?
plox and spanks
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>>1550806
Most of it came from the Bureau of Labor Statistics, some from the Census, and some (particularly the "working age adults") came from the Federal Reserve Economic Data (https://research.stlouisfed.org/fred2) website. I'd have to dig through all my old spreadsheets to get the exact links I used... not at home now, but those resources are a good place to start.
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>>1550776
How ya count students in there? Or part timers?
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>>1550412
More whites are on welfare then blacks though
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>>1550856
>what are percentages
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>>1550488
For some reason financial aid became the new welfare, I got 10k loan in a finance degree and made more money day trading that then actually getting the shit job I'd probably have gotten. You can use it entirely for living expenses and if you want could take a year off with it. Nobody ever calls you because you just take a deferal, or go on IBR. That is what I suggest for people who want to be NEET, make a nest egg with anything you can save and then live on it as long as possible but of course you will need to work at some point.

Just get on IBR though, in 25 years of that they just wave the debt.
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>>1550816
Students aren't counted in the "working" population, as far as I know. If the BLS, FRED, or Census say otherwise let me know.

Part time workers are counted as employed. So really, the number of full-time employed adults is probably closer to, eh, under 40% of the working age population.
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>>1550488
This is the actual reality.
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>>1552313
Mmm, no.
The actual reality is that it's not luxury, but appealing enough that there are people seeking advice for faking their situation in order to qualify.
This board is proof of that.
>how can I fake a mental disorder to get NEETbux
>if I act crazy and don't shower for days, will the government give me disability?
Why else would people here be seeking this situation if it wasn't preferable to working?
Thread posts: 25
Thread images: 6


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