[onlooker]

7 signs of US economic collapse.
http://www.profitconfidential.com/econo ... e-in-2016/
Sign #1: Government Statistics Hiding U.S. Economic Collapse
Sign #2: Real Wages Falling for Average Americans
Sign #3: Millions of Americans Have Little to No Money
Sign #4 U.S. Interest Rate Hike Could Cripple America
Sign #5: Global Economy Anemic
Sign #6: U.S Companies Increasingly Relying on Foreign Sales
Sign #7: Nosebleed Valuations Could Lead to Stock Market Crash in 2016

[ennui2]

This is a thread to post actual data, not fear-mongering blog articles.

[Plantagenet]

1 in 6 men in their prime working years is out of work in the USA---a percentage worse then in the great depression

its-worse-great-depression-one-six-prime-aged-men-has-no-job

In the great depression men without jobs stood in long lines for food. We are much more civilized these days---today we've got food stamps and disability payments and we call unemployed men "discouraged workers" and disappear them from the work rolls entirely.

Cheers!

[copious.abundance]

As soon as I saw that title I knew it was going to be a Zerobrains article.

If there's anybody out of work, it's not because of a lack of jobs.

Job openings soar to all-time high of 5.9 million in July
$this->bbcode_second_pass_quote('', '[')img]http://ei.marketwatch.com//Multimedia/2014/10/01/Photos/ZH/MW-CV424_econ_j_20141001131629_ZH.jpg?uuid=d84fda58-498e-11e4-9dc1-fa6e607794f5[/img]

Job openings jumped and more people were hired in July, the Labor Department said Wednesday.

The Labor Department’s job openings and labor turnover survey showed 5.87 million openings, an all-time high, while hires increased to 5.23 million from 5.17 million in June.

The number of people quitting jobs voluntarily was flat at 2.98 million, but that’s still up substantially from the depths of the recession, signalling more worker confidence in the ability to find another job.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', '
')If there's anybody out of work, it's not because of a lack of jobs.

[ennui2]

Hmm.... What a mystery.


"I'm in the prime of life! Damn you Obummer!"

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('copious.abundance', '
')If there's anybody out of work, it's not because of a lack of jobs.

[copious.abundance]

Incidentally, the work force participation rate for males has been going down steadily since the end of WWII, so you can't blame Obama or any other politician for that matter. Nor can you blame any current social trend, recent economic condition, aliens, the Jews or whatever other boogieman you prefer, because a trend going on that long is going to be caused by some big, mega-long-term phenomenon that is pretty much beyond anyone's control. More specifically, the NPR article linked in the Zerohedge article also has a chart going back to 1990 that shows a similar trend for 25-54 year old men. The NPR article also contains a link to the original BLS series which lets you make a graph going back even farther:

Labor Force Participation Rate - 25-54 yrs., Men


So now that I've given an intelligent, detailed answer, complete with links to sources and graphs, I wonder if I'm going to get an intelligent reply.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', 'I')ncidentally, the work force participation rate for males has been going down steadily since the end of WWII, so you can't blame Obama or any other politician for that matter.

[ennui2]

$this->bbcode_second_pass_quote('', '
')I wonder if I'm going to get an intelligent reply.

[Plantagenet]

$this->bbcode_second_pass_quote('ennui2', ' ')"Damn you Obummer!"

[ennui2]

Apparently Planty knows it's a glut but can't understand sarcasm.

[Plantagenet]

$this->bbcode_second_pass_quote('ennui2', 'A')pparently Planty knows it's a glut

[ennui2]

"I was the first person at this site to argue we were in oil glut way back in late 2014"

Good for you. I won't deny you your due when warranted. I'm not that petty.

[copious.abundance]

$this->bbcode_second_pass_quote('copious.abundance', 'S')o now that I've given an intelligent, detailed answer, complete with links to sources and graphs, I wonder if I'm going to get an intelligent reply.

Furthermore, notice he even had to change the topic of his question. This was the original request:
$this->bbcode_second_pass_quote('Plantagenet', 'P')lease explain---why are so many men in their prime working years not working?

[ennui2]

Of course not, because...Reverend Wright.

He'll never cop to it, but it just so happened that immediately after the Reverend Wright scandal Planty went from an admirer of Obama during the primaries to his #1 online hater after which he marched off to support McCain/Palin (with an emphasis on Palin, because common geography trumps brains). Obama basically hit Planty's white-pride third-rail and he was therefore marked for life to receive a daily dose of public derision in order to try to tarnish his approval ratings. Didn't accomplish much, though.

$this->bbcode_second_pass_quote('copious.abundance', '[')url=http://www.marketwatch.com/story/ge-to-build-100-mln-jet-engine-plant-in-indiana-2014-03-26?link=MW_home_latest_news]GE to build $100 mln jet engine plant in Indiana[/url]
BMW plans $1 billion expansion in South Carolina
GM to add 1,400 Michigan jobs with new Chevrolet Volt on the way
Boeing plans fast start to 777X buildings in Everett
New carpet plant in Carbondale, Ga., could be world's biggest
Giti, a Singapore tire company, to bring 1,700 jobs to Chester County, S.C., invest $560 million
SolarCity plans world's largest solar panel plant in upstate N.Y.
Chinese company to invest $2 billion, create 2,000 jobs in Chesterfield, VA
Volkswagen to spend $900 million at Tennessee plant to build new SUV, add 2,000 jobs
3,850 jobs may eventually come to South Jersey waterfront
East Tennessee auto supplier creates 1,000 jobs
Tesla's Reno 'Gigafactory' would create jobs bonanza
Wentzville GM plant adding third shift, 750 jobs
Ford to add 850 jobs at Dearborn factories for new F-150 truck
Ford will add 1,200 jobs at Claycomo plant for its new Transit van
Vertex Rail to bring 1,300 jobs to Wilmington, invest $50 million in production facility
21st Century Economy: Google could hire 30,000 in Bay Area based on tech titan's development spree
Fuyao set to double hiring at Moraine plant to 1,500 jobs
21st Century Economy: Cerner Corp Breaks Ground on $4.45B Campus With 16,000 Jobs in Kansas City, Missouri
Ford will add 900 workers at Claycomo plant to build the F-150 truck
Daimler to build South Carolina plant, creating 1,300 jobs
Nissan to add 1,000 jobs in Smyrna
GM mulls expansion of SUV plant in Texas
GM to add 2,500 jobs, invest $1B at Warren Tech Center
Volvo factory to bring 4,000 jobs to South Carolina
Continental Tire confirms it will create 2,500 jobs in Hinds County, Mississippi
FCA investing $1B, adding 1,000 jobs at Jeep plants

[ennui2]

Hot of the presses!

https://www.washingtonpost.com/news/won ... recession/

Whither ETP Doom????????????????????????????????????????????

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', ' ')he accused me of not being able to read a chart, because ...
$this->bbcode_second_pass_quote('', 'A')ctually, there have been periods of stability, and periods when it declined.