
You can call me Bobby, I run a little site called Thinksquad. I have an associates degree in industrial design from the Art Institute of Seattle. A bachelors of arts from the University of Washington, and graduated with a double major in philosophy and political science from Rutgers University. I also spent 10 years in the Air Force from 1994-2004, having spent five tours in Iraq and two tours in Afghanistan. I am now a strong advocate of the non-aggression principles, voluntaryism and peaceful parenting.
I believe in anarchism without adjectives, because no one really knows what will work best until we have the chance to try. Local communities should be free to try any non-coercive system, and residents should be able to move somewhere else if they don’t like the way things are going. Through solidarity, competition, and sharing of information eventually a system of social organization would evolve that will be superior to anything that we could imagine today. And even if we were right, we’d only be guessing without going through that process.
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NEW YORK (CNNMoney) — There are far more jobless people in the United States than you might think.
While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.
As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population.
“We’ve been getting some job growth and it’s been significant, but it hasn’t yet been strong enough that you start to get people re-engaging in the labor market,” said Keith Hall, a senior research fellow at the Mercatus Center and former commissioner of the Bureau of Labor Statistics.
Job market dropouts
A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks. As of April, only 63.6% of Americans over the age of 16 fell into that category, according to the Labor Department. That’s the lowest labor force participation rate since 1981.
It’s a worrisome sign for the economy and partly explains why the unemployment rate has been falling recently. Only people looking for work are considered officially unemployed.