Subfive wrote:
[quote]Stop The Insanity wrote:
You mean in 1978, 37% of adults were not working nor looking for a job???? If that's true then all is not lost because there were some really great times between then and now. And back then there was no Obama doing bad things to America. Who caused those dim times???
Arabs.
Interesting that unemployment peaked under Reagan, but the participation rate increased.
Meanwhile, unemployment is much lower under Obama but the participation has dropped (I realize these charts aren't up to date)
http://0.tqn.com/d/uspolitics/1/0/R/P/unemployment_rate_annotated.jpghttp://2.bp.blogspot.com/-RV7f0pFpqL4/TywKPRR2RfI/AAAAAAAAALY/Lq3QKIX1s1U/s1600/Labor%2BParticipation%2BRate%2B-%2BJanuary.PNGSo the implication would be that more people are choosing not to work.
However, there may be differences on how long-term unemployed are counted, which would skew the figures (against Obama).