US Labor Force Increase

Labor Force Participation Rate in the United States increased to 63.10 percent in December from 62.90 percent in November of 2018. Labor Force Participation Rate in the United States averaged 62.99 percent from 1950 until 2018, reaching an all-time high of 67.30 percent in January of 2000 and a record low of 58.10 percent in December of 1954.

In the 1950s, most women were “housewives”. The Dad was the sole provider and all were in the workforce.  The Mom stayed home and took care of the Kids. The 58.10% Labor Force Participation was appropriate.  There was no federal government welfare. Black families were strong. All families took care of their own.

In the 1960s, federal government welfare programs were created. This destroyed Black families and separated all others from their family responsibilities to provide food and shelter to family members as needed. Men were taken into the US Military to give Military Foreign Aid to South Vietnam from 1965 to 1975.

In the 1970s, prices doubled and most women entered the workforce. US manufacturing was struggling with quality and union problems. Plants and companies were closing and foreign manufacturers were increasing their imports to the US.

In the 1980s, Ronald Reagan was elected President.  The Top Rate for US Income Taxes was reduced from 70% to 28%. The non-union Electronics Manufacturing surge led the economic recovery. The unionized US auto manufacturers failed. In 1989, the Soviet Union was dissolved, ending the Cold War.

In the 1990s, the Middle East wars began, taking men into the US Military. Most wives went to work.

In 2000, the Electronics Manufacturing Companies led the post Reagan Era and most women were in the Labor Force. This delivered a Labor Force Participation Rate of 67.30%.

The 2008 Mortgage Meltdown caused unemployment to double from 5% to 10% and resulted in a loss of US Household income by $5000 per year. There were 100 million working-age US citizens without jobs. Most jobs went to immigrants.  Excessive Immigration since 1989 caused wages to decrease.

In 2017, Donald Trump was elected President to restore US Middle Class Jobs. The Top US Corporate Tax Rate was reduced from 35% to 21%. Oil and gas exploration was expanded to lower the US Trade Deficit. Trade agreements were renegotiated and Tariffs were imposed to restore US Steel and Aluminum manufacturing. China was confronted for stealing intellectual property. Excessive Immigration began to end.  Manufacturing plants began to return to the US. US Household Income increased and Labor Force Participation began to increase to 63.10%.

Norb Leahy, Dunwoody GA Tea Party Leader