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Labor Force Participation Hits Record Low for Americans in Their 20s
Topic Started: Mar 13 2014, 08:31 PM (56 Views)
Berton
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Labor Force Participation Hits Record Low for Americans in Their 20s

The labor force participation rate in 2013 for Americans in their twenties hit the lowest level recorded since 1981, when the Bureau of Labor Statistics started releasing employment data on people in the full age bracket of 20 through 29.

The labor force participation rate for people ages 20 through 24—which BLS has been tracking since 1948—hit a 42-year low in 2013.

Since 2008, the last year before President Barack Obama took office, the number of Americans in their twenties who were not in the labor force during the average month has climbed from 8,756,000 to 10,511,000—an increase of 1,755,000 or 20 percent.

The 10,511,000 Americans age 20 through 29 who were not in the labor force in 2013 is the highest ever recorded by BLS.......

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That is bad news for the liberals which may lose the young vote because of it.

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Neutral
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Another great accomplishment of Obi.
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Pat
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Since it's near impossible these days to get Billy and Mary to leave the nest, I'm not surprised that many of the 20-24 year old's are not participating in the workforce. Mom and dad paying for the housing, utilities, food, healthcare under Obamacare, bus passes and probably cars and gas in many cases. It must be nice to be living in luxurious retirement at that age.
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campingken
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People who raided their children to become adults rather than parasites don't have 20 - 24 years olds living at home unless they are attending a local college.
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Neutral
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Part of it is parenting but most of it is the entitlement mentality imposed by the socialists.
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campingken
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My belief is that's it almost 100% the fault of parents. Either you teach your kids to be responsible for themselves or they won't be..
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Berton
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When there are no jobs, even though Obama said job creation was his number one priority, I don't see how one can blame the kids.

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Pat
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Berton
Mar 14 2014, 02:48 AM
When there are no jobs, even though Obama said job creation was his number one priority, I don't see how one can blame the kids.

There are plenty of jobs for those who had parents that stayed on top of their education and drilled responsibility and motivation into them. If Mary and Billy went to the local college and majored in say history or music, then of course they would not be non employable for the most part in a decent paying job. Kids with proper parenting and education are not complaining about finding jobs.
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Berton
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There are plenty of low education jobs Pat. Otherwise 11 million illegals would be out of work. Think about it.

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