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White Men (Still) Can't Work

Tyler Durden's picture




 

While The White House's Jason Furman glistened in the after-glow of a falling unemployment rate this morning (and a very modestly improving labor-force-participation rate) despite dismal real job creation (which must be due to the weather - but is not!), we thought it perhaps of note that a very large segment of American - White men aged over 20 saw their labor force participation rate drop to a new record low.

 

 

h/t @Not_Jim_Cramer

 

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Fri, 02/07/2014 - 21:18 | 4414029 surf0766
surf0766's picture

das racist !

Fri, 02/07/2014 - 21:24 | 4414050 LetThemEatRand
LetThemEatRand's picture

It is ironic that "das racist" sounds German.

Fri, 02/07/2014 - 21:51 | 4414106 James_Cole
James_Cole's picture

I'm really looking forward to when the uber rich job creators valiantly step in and order millions of yachts to fix all the unemployment problems. I know they’re waiting until after obamacare is disbanded, but it’s like Christmas, can’t come too soon!

After that hopefully Congress gets its act together and arrests all the undocumented workers + removes minimum wage so white folks (And their slacker kids) can work for a couple bucks an hour out on the farm. You'll see charts like the one above reverse themselves beautifully. 

These are great times folks, don't let the charts mislead you!

Fri, 02/07/2014 - 21:58 | 4414122 Crawdaddy
Crawdaddy's picture

The uber rich are preoccupied with their Sochi rituals and their Eyes Wide Shut parties. "Progress" will have to wait.

Sat, 02/08/2014 - 00:04 | 4414401 Jumbotron
Jumbotron's picture

SShhhh......Kubrick was probably assasinated over his unveiling of the "Eyes Wide Shut" parties and the elite who participate.  Was it fiction or a "mockumentary"?

Sat, 02/08/2014 - 00:58 | 4414483 Northern Lights
Northern Lights's picture

Agreed.  That and Space Odessy 2001 and The Shining.

Sat, 02/08/2014 - 12:21 | 4415029 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Keep bringing in cheap foreign labor. Go ahead. Make your workforce incompetent. Destroy your economy.

Fri, 02/07/2014 - 21:58 | 4414123 john39
john39's picture

In the NWO, equality will finally be achieved by crushing all cattle down to the lowest common denominator.

Fri, 02/07/2014 - 23:52 | 4414372 toady
toady's picture

Some cattle are more equal than others.

Sat, 02/08/2014 - 10:53 | 4414850 SWRichmond
SWRichmond's picture

Yes.  The war on white men continues unabated.  There is a significant recruiting opportunity there for the resistance: white males who have been robbed of their families and futures by the leftists and the feminists.

Freedom's just another word for nothing left to lose.

Sat, 02/08/2014 - 16:04 | 4415476 HulkHogan
HulkHogan's picture

Ever notice how in EVERY t.v. commercial the white man is a total idiot? Then a women or child (usually a girl) comes in and corrects the idiotic thing the white man did. And it's okay because "white men rule the world" or whatever.

Fri, 02/07/2014 - 21:58 | 4414125 boogerbently
boogerbently's picture

How many months in a row now have we had less jobs created but falling unemployment?

Must be victims of public school math.

Sat, 02/08/2014 - 00:06 | 4414404 Oldwood
Oldwood's picture

We either close our borders and adopt full blown protectionsim, or accept world wage competition. Only a fool thinks you can have world trade without world wage. We are all Mexicans now and lucky we haven't all already become Chinamen.

Sat, 02/08/2014 - 00:26 | 4414442 EscapingProgress
EscapingProgress's picture

OMFG. Autarchy destroys economies. This is Econ 101. If the states and central banks of the world would get out of the way and stop regulating us to death and destroying our wealth through inflation the world would be much wealthier, healthier, and happier.

Sat, 02/08/2014 - 01:09 | 4414501 Oldwood
Oldwood's picture

So you think American's wages are falling due to regulation? You think you can buy virtually everything you consume from a foreign country and still have a job? Our government's only job is to protect American's from foreign invasion and unfair trade. They effectively do neither. We see them impose heavy rules on American business, but also high taxes and enable unions to destroy industries while they hold the borders and trade channels wide open. Don't get me wrong, I don't support government intervention in domestic markets, but international markets are a different story. We used to have protectionist trade tariffs and also trade surpluses AND a relatively balanced budget. We funded almost our entire budget with protectionist tariffs. Now we have the highest corporate taxes in the world, effectively creating a negative protectionist trade policy where we tax OUR businesses while not taxing imports AT ALL. To have 100% free trade we will have to compete with the lowest wage paid, anywhere in the world. Is that what you want? Our government's answer is to give exemptions to their most favored corporate entities, leaving all others to twist in the wind, and then thinking up more ways to fuck those with a business or a job in the ass. They have been fucking us with free trade and open borders for years. I'm sick of it.

Sat, 02/08/2014 - 16:24 | 4415543 roadhazard
roadhazard's picture

uh, Unions have pretty much been deballed. Only 6% of the US workforce is Unionized. Amazing it's the Unions that destroy the country. Give me a fucking break.

PS: I have never been in a Union.

Sat, 02/08/2014 - 00:49 | 4414474 GOSPLAN HERO
GOSPLAN HERO's picture

Dat be rayciss.

 

Sat, 02/08/2014 - 07:15 | 4414677 surf0766
surf0766's picture

I have never heard it said in a German accent.

Sat, 02/08/2014 - 02:26 | 4414566 Frank -THE COIN -
Frank -THE COIN -'s picture

Its not Racist ! it is a PLAY on the MOVIE " White Men Cant Jump " . Woodie Harrellson, Wesly Snipes ( a Black Man ), had a Basketball adventure together. This was a Clever Play on words , to convey relevent info.

Sat, 02/08/2014 - 08:45 | 4414735 Mister Kitty
Mister Kitty's picture

Being white is overrated.  I'm as pale as Casper, but I don't have to nickels to rub together.  Bitches.

Fri, 02/07/2014 - 21:19 | 4414033 DeusHedge
DeusHedge's picture

Good pull, but back pre 70's race was still an issue.

Fri, 02/07/2014 - 21:20 | 4414036 knukles
knukles's picture

Thank God it's not now!

Fri, 02/07/2014 - 21:28 | 4414056 LetThemEatRand
LetThemEatRand's picture

And Thank God TPTB didn't deliberately select a black dude to foster said "now" racial tension issues.

Fri, 02/07/2014 - 22:45 | 4414223 Yes_Questions
Yes_Questions's picture

 

 

or create an astro-turf "movement" designed to reingratiate fucking troglodytes into polite society.

Sat, 02/08/2014 - 08:49 | 4414739 nmewn
nmewn's picture

Or drill even further down and discover 16-19yr old black teens are sitting at 38% unemployment with a fully employed "black president" (with a pen & a phone, presumably) sitting in the WH right now, waiting on their beck & call.

http://www.bls.gov/news.release/empsit.t02.htm

Teflon Don Obama...lol.

Sat, 02/08/2014 - 10:22 | 4414797 crunchyfrog
crunchyfrog's picture

You spout a good line of bullshit, but here's the real Dixie. The kind of losers you're fronting for:

 

https://www.youtube.com/watch?v=x4soqZaxEYA&feature=youtu.be

Sat, 02/08/2014 - 11:15 | 4414876 nmewn
nmewn's picture

lol...sorry dude, the metrosexual, Justin Beiber style hairdo is a dead giveaway as to who this guy really is and where he's from. People in my neck of the woods of Dixie would have this little prissies head mounted on the wall inside their man cave and regale everyone with how their dogs bayed him up a tree just before dropping him.

Care to try again?

Fri, 02/07/2014 - 21:42 | 4414089 Crawdaddy
Crawdaddy's picture

Can't work, can't jump. Fuck it. Tax strike!

Fri, 02/07/2014 - 23:58 | 4414385 toady
toady's picture

I just finished my income taxes. Third year in a row paying ZERO!

Tax strike indeed!

Now, on the other hand, property taxes are killing me!

Sat, 02/08/2014 - 10:35 | 4414818 Panem et Circus
Panem et Circus's picture

It will come at some point soon. Not soon enough, but I think next year you will see some.

Sat, 02/08/2014 - 16:28 | 4415545 roadhazard
roadhazard's picture

Only as much as a person wants it to be.

Fri, 02/07/2014 - 21:19 | 4414039 Ignatius
Ignatius's picture

Look out.  The last time a bunch of white guys needed work....

Well, you know the stories.

Fri, 02/07/2014 - 21:25 | 4414053 kragsquest
kragsquest's picture

Too bad some of the internet addicts can't be paid on the basis of how much they jerk off to porn; a few would be millionaires!

Fri, 02/07/2014 - 22:45 | 4414226 Yes_Questions
Yes_Questions's picture

 

 

I'd be able to afford a fully automatic nail gun..

 

 

Sat, 02/08/2014 - 05:41 | 4414651 Yenbot
Yenbot's picture

Which begs the question: would you shoots yoosef wid it? Seven times?

Fri, 02/07/2014 - 22:59 | 4414258 Poor Grogman
Poor Grogman's picture

New meaning of pay per view

Please stop giving .gov ideas .

Sat, 02/08/2014 - 00:04 | 4414396 toady
toady's picture

They do. It's called the SEC.

Fri, 02/07/2014 - 21:28 | 4414055 Davilis
Davilis's picture

Wow, you truly can goal-seek any assertion through graphs and pseudo-statistics.  Another low point in the latest misinformation from zh.  The economy MUST be getting better if we are this desparate for articles!

Fri, 02/07/2014 - 21:34 | 4414068 random shots
random shots's picture

The original Tyler's checked out long ago.

Fri, 02/07/2014 - 21:35 | 4414076 IridiumRebel
IridiumRebel's picture

You're right. Let's head over to NBC and see what they have to say.

Fri, 02/07/2014 - 21:35 | 4414074 IridiumRebel
IridiumRebel's picture

The economy is so bad that Exxon laid off 25 Senators. 

 

 

 

 

 

I'll be here all week. Try the veal.

Fri, 02/07/2014 - 22:48 | 4414231 Yes_Questions
Yes_Questions's picture

 

 

funny right there

Sat, 02/08/2014 - 14:55 | 4415297 sylviasays
sylviasays's picture

....and they were promptly hired by one of obozo's green energy companies that are financed with tax payer's dollars.

Fri, 02/07/2014 - 21:27 | 4414060 gwar5
gwar5's picture

Who the Eff is gonna pay for 20 million illegal aliens to get Obamacare when all the old reliable YT's are already tapped out and can't even pay for their own?

The unemployment numbers are all hogwash along with everything else. I'm afraid to check Shadowstats this month.

 

 

Fri, 02/07/2014 - 21:34 | 4414066 IridiumRebel
IridiumRebel's picture

http://www.shadowstats.com/alternate_data/unemployment-charts

There ya go.....I'll get some tissues.

Fri, 02/07/2014 - 22:51 | 4414239 Yes_Questions
Yes_Questions's picture

 

 

yay!  the people on the blue line are winning!!

 

yay!

Fri, 02/07/2014 - 21:29 | 4414061 Dre4dwolf
Dre4dwolf's picture

went to a new wendys foodchain opening and 100% of the employees and even the manager were black, white people get discriminated against you telling me not even one white guy showed up to apply lol? i find ithard to believe but just...maybe

Fri, 02/07/2014 - 21:33 | 4414072 LetThemEatRand
LetThemEatRand's picture

So if black people work at a Wendy's and white people live off the trough it's because the blacks are discriminating?  It's that kind of logic that makes my brain explode.

Sat, 02/08/2014 - 03:50 | 4414615 Dre4dwolf
Dre4dwolf's picture

come on, when you have fifteen black employees and not even one white guy/gal . . . . someone is discriminating....... would be the same if it was reversed....... not saying that you shouldnt hire all employees from one color or w.e just saying its clearly obvious they were looking to employ people with black skin as a preference, because its obvious.

Sat, 02/08/2014 - 15:22 | 4415310 sylviasays
sylviasays's picture

Let's try some more of that logic to make LetThemEatRand's little pea brain to explode! How about if Mexican illegals work at McDonald's and Asian people live off the trough it's because the blacks are discriminating! KABOOM! 

Sat, 02/08/2014 - 07:14 | 4414679 B2u
B2u's picture

Wendys?  What about KFC?

Sat, 02/08/2014 - 08:32 | 4414723 Snoopy the Economist
Snoopy the Economist's picture

Where do you live Dre4dwolf ? Detroit?

Sat, 02/08/2014 - 14:54 | 4415313 sylviasays
sylviasays's picture

Here in the Southwest all of our fast food employees are from South of the Border! Habla Espanol? 

Sat, 02/08/2014 - 14:53 | 4415314 sylviasays
sylviasays's picture

Here in the Southwest all of our fast food employees are from South of the Border! Habla Espanol? 

Sat, 02/08/2014 - 10:16 | 4414791 ncdirtdigger
ncdirtdigger's picture

If that Wendy's owner wants to commit suicide via poor customer relations, let him hire his homies. No spit off my burger.

Fri, 02/07/2014 - 21:33 | 4414073 RumCurrency
RumCurrency's picture

A falling tide lowers all ships.

Fri, 02/07/2014 - 21:40 | 4414086 LetThemEatRand
LetThemEatRand's picture

And reveals that Warren's bathtub bubbles should be spelled, "Bubbles."  Hey everyone, meet Bubbles.

Fri, 02/07/2014 - 21:38 | 4414085 Joesmo1980
Joesmo1980's picture

I. Will. Just. Say. One. Thing bull s$@& if. They want a job just. Go. And apply. It might. Not. Be. What. U. Want. To. Do might. Not. Pay. What. U. Want but. It's. A job

Fri, 02/07/2014 - 21:39 | 4414088 LetThemEatRand
LetThemEatRand's picture

That.  Is.  What.  Fox.  Conn.  Says.  Thank.  You.  For.  Proving.  That.  Point.

Sat, 02/08/2014 - 14:56 | 4415318 sylviasays
sylviasays's picture

LetThemEatRandOnlyWatchesGayNazisOnMSNBC

Fri, 02/07/2014 - 21:47 | 4414098 BruntFCA
BruntFCA's picture

Maybe just skip the white bit, and say "men".

What exactly is the "dream" they are working for? In California you can marry, get denied access to your own kids, thrown out of the house you paid for, and wait for it....pay *lifetime* alimony.

You can even get served papers to some vague address....don't turn up to a hearing and the child is "legaly" yours...even when its not! I know in Japan a whole generation of dudes have just dropped out of the "Salary Man" thing, not so good for GDP or their future population. Something to think about anyway.

This is quite controversial but worth listening to.

 

https://www.youtube.com/watch?v=ySMVtRmQl1Y

Sat, 02/08/2014 - 07:36 | 4414684 RafterManFMJ
RafterManFMJ's picture

Excellent post.

The reason this shitshow continues is enough men are dumb beasts, willing to pull the wagon while being whipped and spit on by the ever growing parasite class.

They speak of the honor of work and sacrifice; honoring a slaver and parasite class is in fact cowardice.

Fri, 02/07/2014 - 21:56 | 4414116 q99x2
q99x2's picture

You've got to be kidding me. I haven't worked in nearly 20 years. Some whites have just been slower to seize the day. The governments got us covered now. Ease up. Buy some crypto and enjoy the good life.

Sat, 02/08/2014 - 01:54 | 4414121 are we there yet
are we there yet's picture

America needs to keep a few white people around to pay for things and blame everyone elses problems on. But we are running out of them too fast. Curses on whitey, it's his fault we are running out of new white people to pay for stuff. It's all his fault. Power to the sheeple.

Fri, 02/07/2014 - 22:05 | 4414139 pitz
pitz's picture

White men apply, by the thousands, fully qualified for tech sector jobs.  Only to have their job applications thrown in the garbage and the applications of foreigners on various work visas considered instead.   Why?  Because the white man insists on a salary that is actually enough to buy a house (ie: 1/3rd of the market prices), while the foreigners long-term goal is to make enough to go back to India and retire like a king.  Which really doesn't cost much in the whole scheme of things.

There are many profoundly smart white people who have seen their careers destroyed because of this.  They try to contribute, through the open source community, but living in their parent's basements doesn't exactly pay the bills. 

Fri, 02/07/2014 - 23:08 | 4414292 Caveman93
Caveman93's picture

BINGO!

Sat, 02/08/2014 - 03:01 | 4414583 pitz
pitz's picture

Silicon Valley employment of blacks/african americans has also dropped considerably, in favour of the foreigners as well.  So its really not entirely a white male thing, although white males are the demographic disproportionately affected as they make up most STEM graduates and most of the available STEM workforce in the country. 

Sat, 02/08/2014 - 01:49 | 4414505 RaceToTheBottom
RaceToTheBottom's picture

Agreed, it is hard for a US engineer to compete with Indians living 4 to a 2 bedroom apartment within walking distance from their workplaces....

 

But the MBAs making entry level beancounter decisions are happy so all is OK, Yes?

 

Yes, the US rewards our STEMs......

 

And the Asshat US CEOs get 1000s times the lowest paid employees. and wear Jaimey Asshole Dimon White House cufflinks

Sat, 02/08/2014 - 01:21 | 4414513 Kirk2NCC1701
Kirk2NCC1701's picture

And whenever they apply for with a company with Gov/MIC contracts, they are almost automatically rejected on "demographic points".

The ideal candidate is multi-racial, has 1 handicap and (these days) ex-DoD.  Failing that, it helps if you're female and from and endangered race, e.g. from India or China.

It all started with (very understandable and, at the time) very legitimate goals to bring more ethnic diversity to the work force.  Alas, over time, the pendulum has swung to the other extreme.  So much so, that we've diluted/weakened the system to -- in the words of John 39 -- to the lowest common denominator.

At the same time, a small subset that NO one (outside said subset) is allowed to criticize, has ratcheted its way to the very top of the food chain and ruling elite.  If I hadn't witnessed this on a daily basis, I'd have attributed it  to the ravings of a lunatic fringe.  But having the handicap of first-hand experiences and memories of past decades, a global education and an independent streak, I can testify to the surreal and perverse changes of the last 15 years.

This (almost) "alien" takeover of the US government and media seem -- to use my Trekkie metaphor -- as a cross between Klingons and Romulans. So to speak.

Sat, 02/08/2014 - 06:02 | 4414657 lolman
lolman's picture

> It all started with (very understandable and, at the time) very legitimate goals to bring more ethnic diversity to the work force. 

> very legitimate goals to bring more ethnic diversity 

 

what does that even mean?

How is Multi-Culturalism a legitimate goal?

Are Japanese people not legitimate from not embracing it?

Sat, 02/08/2014 - 10:21 | 4414794 ncdirtdigger
ncdirtdigger's picture

If you have a one handicap, you be playing in the bossman's foursome this weekend.

Sat, 02/08/2014 - 16:12 | 4415507 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

The Klingons are in our government now?

The best way to get a klingon off your ass is a good wipe and flush.

Now there is a literary allusion worth its weight.

Fri, 02/07/2014 - 22:14 | 4414162 Crazed Smoker
Crazed Smoker's picture

Well the state has been hijacked and now constitutes a whole system rigged up to transfer wealth from men to women through family law system.  Doesn't make sense for allot of men to work at all due to slave system - white or otherwise.  

Sat, 02/08/2014 - 00:53 | 4414479 Northern Lights
Northern Lights's picture

Bang on with your sumation.  The socialists credo.

 

Fri, 02/07/2014 - 22:24 | 4414183 rwe2late
rwe2late's picture

Article lacks relevant info.

1) age over 20 - aging population, retirees?

2) disabilty rates have markedly increased - causes vary from wars, pollution, poor diets etc.

3) any % increase in prison population?

 

The working class (wages) have been stagnant/declining for over a decade.

Presenting it as a racial or gender problem misses the point. The working class in entirety is being

downsized and degraded, regardless how sectors within the working class are being played off

against each other.

 

Sat, 02/08/2014 - 01:48 | 4414545 WhyWait
WhyWait's picture

I've seen solid analysis that aging population does not explain.  Forced early retirement certainly plays a part. 

 

"Presenting it as a racial or gender problem misses the point. The working class in entirety is being

downsized and degraded, regardless how sectors within the working class are being played off

against each other." - Agreed

But people react to rate of change not state, so white workers can be expected to be reacting sharply, which is what we're seeing. What we white workers are evidently losing is not just jobs but privilege - privilege we mostly didn't know we had.  

That loss of privilege can cut either way. We can blame the system, or we can blame our brown-skinned, femaile and non-English speaking fellow workers.

Any guess which way the banksters and kleptocrats want us to cut?

 

 

Sat, 02/08/2014 - 21:38 | 4416214 MrPalladium
MrPalladium's picture

"What we white workers are evidently losing is not just jobs but privilege - privilege we mostly didn't know we had.  "

Balderdash!!

Discrimination against Whites has been massive ever since the civil rights Act of 1964 was passed and the regulators and courts mandated quotas shortly thereafter.

Is it fair and just that a population with an average IQ of 100 should have the same job outcomes as a population with an average IQ of 85?

Is it fair that flagship state universities have give a 150 to 200 point SAT advantage to those of Latin American Indian ancestry and Blacks?

Back in 1964 this anti-white discrimination was though to be "remedial" for past injustice. But it has persisted for 50 years. When is it going to stop?

The groups with racial preferences are overrepresented in non-profit and government jobs, thus whites consigned to the private sector are most frequently the economic victims of recessions. And you call this privilege?

It is the ongoing propaganda campaign in the universities teaching "white privilege" despite the facts is proof enought of malevolent intent. The propaganda would not be necessary if it were not so important to keep Whites passive in the face of such discrimination

Sat, 02/08/2014 - 10:23 | 4414799 ncdirtdigger
ncdirtdigger's picture

Am I supposed to feel better if everyone else is getting it up the arse just like me?

Fri, 02/07/2014 - 22:28 | 4414188 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

White's will have to have a new homeland to be free.

Sat, 02/08/2014 - 10:25 | 4414804 Debt Slave
Debt Slave's picture

They tried that once and it was put down rather brutally.

Fri, 02/07/2014 - 22:43 | 4414221 spinone
spinone's picture

Hows the voting for the status quo working for you, white guys?  Eating a shit sandwich?  Maybe the system is taking advantage of you?  Getting mad yet?

Sat, 02/08/2014 - 15:08 | 4415337 sylviasays
sylviasays's picture

Wake up. It doesn't matter who they vote for, they will get the status quo because the vote is rigged! The politicians are all bought and paid for!

Fri, 02/07/2014 - 23:14 | 4414308 10mm
10mm's picture

Any white still voting is a delusional fuck. 

Sat, 02/08/2014 - 00:02 | 4414397 Oldwood
Oldwood's picture

Delusion is the only survival path. Rationality would lead to suicide eventually. Sane people can't handle reality.

Sat, 02/08/2014 - 00:04 | 4414402 dexter_morgan
dexter_morgan's picture

Fundamental change is upon us.

Sat, 02/08/2014 - 01:05 | 4414494 RaceToTheBottom
RaceToTheBottom's picture

Wow, all those Asshats on WS better hope those White guys can't shoot.....  No, that was "White Guys can't jump", sorry honest mistake.....  Or not....

Sat, 02/08/2014 - 03:54 | 4414620 Teknopagan
Teknopagan's picture

   Ever notice how the guilt and racism of the Nazis was transfered to the white population in general and how it's used to kill freedom of speech: gee.... maybe it's a form

of psychological warfare. 

Sat, 02/08/2014 - 10:16 | 4414792 Debt Slave
Debt Slave's picture

That's because TPTB don't want us to look too closely at the economic situation of the time. Heaven forbid we might conclude that they were on to something.

Sat, 02/08/2014 - 04:11 | 4414628 Iam Yue2
Iam Yue2's picture

They still can't dance either; but does anybody really care.

Sat, 02/08/2014 - 04:54 | 4414638 -NaN-
-NaN-'s picture

I read the BLS report EVERY damn jobs Friday since 2009.  I love how the media loves to show how the whites have the low unemployment in relation to blacks an hispanics.  They drive this home.  However EVERY report I read, Asians have the lowest UE rates in America, not whites.

(so common Amerika, we is sposed ta hate them aishuns)

What I also find interesting, and probably why the media misses this point, is the way the BLS word it.  They go down the line and state the numbers x,x,whites were at X% low number and then yada yada, PERIOD, end of sentence.  Then they always throw in a seperate sentence for the asian population.

SEE:

"Among the major worker groups, the unemployment rates for adult men (6.2 percent), adult

women (5.9 percent), teenagers (20.7 percent), whites (5.7 percent), blacks (12.1 percent), and Hispanics (8.4 percent) showed little change in January. The jobless rate for Asians was 4.8 percent (not seasonally adjusted), down by 1.7 percentage points over the year. (See tables A-1, A-2, and A-3.)

Nothing against, asians, thanks for working hard.  Its the BLS and the media, that spin this as if whitey is tekin are jebs!

Fuck you!

Sat, 02/08/2014 - 08:16 | 4414713 mjk0259
mjk0259's picture

There are more white men retired than ever which is a big part of the reason.

Now, I lot of times 'retired' means no one will hire you because you are old, but still this is not a great analysis.

 

Sat, 02/08/2014 - 09:11 | 4414750 JMT
JMT's picture

Many receive a decent (sometimes more than one) pension and in NYC they may still have a rent stabilized or controlled apartment which means that the landlord cannot jack the rent to $3,000 a month.. In many cases these pensions are free from state taxes (this is in NY state). 

And these days from what I see the age for too 'old' keeps getting lower & lower used to be 50 now 40 maybe under... And in many of these start ups and tech companies seems like everyone is just out or maybe five years or less out of college.  The mentality and materialistic haughty "I am better than you attitude" shows and many hate hate anyone not exactly like them

Sat, 02/08/2014 - 11:58 | 4414961 mjk0259
mjk0259's picture

A substantial percentage of those retiring now have a good pension but that's going to get lower every year since almost everyone but the government has done away with them. Missed the pension era myself. Soon I will be 'retired' because I'm getting laid off and no one in computer industry will even look at resume of 55 yo. Yeah, your right, even 40 yo usually goes in trash right away in computers.

Sat, 02/08/2014 - 10:29 | 4414811 ncdirtdigger
ncdirtdigger's picture

Consider this: since Obomber took office, the only age group which has seen real job growth is those over 55. Kind of destroys the whole 'Baby boomers retiring is causing the high unemployment numbers' meme.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014...

Sat, 02/08/2014 - 11:54 | 4414954 mjk0259
mjk0259's picture

That's probably because there are more people then ever in that age group due to the boomers reaching that age.

Retired people don't count as unemployed, at least not for long. They may look for another job if they don't have good finances but most of them give up pretty quick when they find out that means 20 hours/week at walmart at random times standing up all day with an idiot grin in a ridiculous uniform.

 

 

Sat, 02/08/2014 - 15:27 | 4415372 sylviasays
sylviasays's picture

Most of those over 55 rehires are women working in retail. 

Sat, 02/08/2014 - 15:13 | 4415342 sylviasays
sylviasays's picture

And most of the time they will not hire an white man who is older but also because of his gender and skin color!

Sat, 02/08/2014 - 09:06 | 4414746 JMT
JMT's picture

I call BS on this, maybe in some parts  the low skilled 'service' industry but certainly not in the high paying Financial services field or in most high paying corporate white collar jobs..  I mean this contrast is very evident in NYC and Boston... It is a two or three tiered labor force.  In NYC many of these non whites work in retail and food service many of these transplanted midwestern hipsters & uber yuppies are too good to work such jobs and always bring up the 50% 'dont pay any taxes thing 

Sat, 02/08/2014 - 15:00 | 4415321 hooligan2009
hooligan2009's picture

ah hah...so only white men know how to make money in the world of ivory towers and high finance? or the white powers that be can exclude colored people and women from their "pigs at the trough" jobs at senior levels.

a club has the right to determine its own membership, too bad for colored people and women. 

Be interesting if all men and women were created equal and no positive or negative discrimination existed. trouble, racism and sexism are endemic and white males are above the law that applies to anyone else.

with the electronic age, maybe a "blind wine tasting" equivalent for job hiring and promotions to board levels and for those who engage in financial transactions of over, say, 1 milliion bucks in any regulated market (like LIBOR, the stock exchange etc etc) is the way to go.

of course, crime finds it own level and there will be racially based crimes; gang "hoods", financial hoods"; one thing is for sure..regulation and "policitally correct" legislation does nothing to stop racism, bigotry, corruption and crimes of violence. There aren't enough fingers to put in the dykes (sic).

carry on! 

Sat, 02/08/2014 - 09:33 | 4414758 SystemOfaDrown
SystemOfaDrown's picture

White men just need to head over to Mexico, and sneak back across the border in cover of night. WO-LA! Hired on the spot.

Sat, 02/08/2014 - 12:31 | 4415047 deflator
deflator's picture

 Why not just change your name to something with a Z on the end of it and check the box, "Hispanic" on the job application and resume?

Sat, 02/08/2014 - 16:21 | 4415536 Platinum
Platinum's picture

It worked for Miguel Sanchez!

http://pbs.twimg.com/media/BLYBf-0CAAEUE1O.jpg

Sat, 02/08/2014 - 09:46 | 4414771 laosuwan
laosuwan's picture

Jackie Mason called this guy Obama four years ago

 

OBAMA, THE DECISIVE DESTROYER

http://www.youtube.com/watch?v=bv01bYT7MkY

Sat, 02/08/2014 - 10:28 | 4414800 deflator
deflator's picture

All the major corporations use quota systems when it comes to hiring. Being female and a minority counts as two, so there can effectively be many job opportunities available, just none for White males.

 When I graduated from High School in 1981 in Flint, MI, General Motors had already been scaling back hiring, it was common knowledge(among existing employees) that all new hires were women and the majority of those were minority women.

 When they said they were going to, "level the playing field" I didn't know they meant literally level it to the ground.

Sat, 02/08/2014 - 10:53 | 4414849 RaceToTheBottom
RaceToTheBottom's picture

I remember way back when I had senior mgrs at Boeing tell me that they would like to promote me but I was not a woman and I was not black, so sorry.

Decided right there it was time to move on, but it still sucked.

How about getting your goal diversity by firing all the dead wood?

Sat, 02/08/2014 - 11:04 | 4414861 post turtle saver
post turtle saver's picture

that's big government contracts for ya... you lay with dogs, you get fleas

Sat, 02/08/2014 - 15:13 | 4415344 sylviasays
sylviasays's picture

Boycott Government Motors 

Sat, 02/08/2014 - 10:39 | 4414824 homiegot
homiegot's picture

Racism. Pure and simple.

Sat, 02/08/2014 - 11:23 | 4414885 TrustWho
TrustWho's picture

Payback, everybody is happy but white men and any family members that hangs with their non-corporate retired and unemployed white man!

Sat, 02/08/2014 - 12:04 | 4414974 AdvancingTime
AdvancingTime's picture

The recently released figures showing a strong decline in job formation may be more than a noisy statistic it be an omen of danger ahead. This is a reminder that Janet Yellen who is about to take over as head of the Federal reserve will have her hands full. Not only does this call into question claims the economy has reached escape velocity but lends credence to claims by others like me that QE and artificially low interest rates are not the answer. The Fed gave us a massive onetime tailwind that is mainly behind us. When rates can go no lower or reverse the positive effect ebbs and will become a major headwind. More on the troubles ahead in the post below,

http://brucewilds.blogspot.com/2014/01/slower-job-growth-red-flag.html

Sat, 02/08/2014 - 13:31 | 4415158 Vin
Vin's picture

This is the whole point.  'Now you people are going to see what it feels like to live in poverty as my people have done for generations'.  Why do you think his Obamacare was so important?  It hit the white middle-class the hardest because they're the ones who have lost their coverage. 

Sat, 02/08/2014 - 14:16 | 4415242 TrustWho
TrustWho's picture

Two classes.....An all equal POOR Class and a Political Elite class. Did the Soviet Union model fail? I guess you would say no.

Sat, 02/08/2014 - 14:43 | 4415289 Heroic Couplet
Heroic Couplet's picture

White men of any age who vote Republican deserve what they get with unemployment. Like I've said before, they need to be in a Republican politician's office conducting their job search. If they don't find another job, they don't leave the office.

Sat, 02/08/2014 - 15:02 | 4415325 sylviasays
sylviasays's picture

White men of any age who vote Democrat deserve what they get with unemployment. Like I've said before, they need to be in a democrat politician's office conducting their job search. If they don't find another job, they don't leave the office.

Sat, 02/08/2014 - 15:05 | 4415332 Johnny Cocknballs
Johnny Cocknballs's picture

White {non-Jewish} men also have a harder time getting into the Ivies, which are of course the pipeline to the US government.

http://www.theoccidentalobserver.net/2010/07/kevin-macdonald-jewish-over...

 

Sat, 02/08/2014 - 15:30 | 4415383 WhyWait
WhyWait's picture

I usually send out my own response to the BLS First Friday report to my lists and the local press.

I wasn't able to yesterday due to not being able to find the BLS Website.

Did anyone else have that problem?

Sat, 02/08/2014 - 15:38 | 4415410 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Revenge of the Yentas.

Boxer and Feinstein seem to think the only good man is a gay man.

A disarmed gay man.

A disarmed gay man on unemployment.

A disarmed black or hispanic gay man on unemployment.

If you want to, what the heck.

Is is really the model for society?

Or is this hysteria?

An hysterical power elite.

 

Sat, 02/08/2014 - 20:09 | 4416030 oooBooo
oooBooo's picture

The problem is this chart isn't white men 20-65 or some other arbitrary age to define retirement. It's white men over 20.

Much of the drop could be entirely due to more people living past some arbitrary age like 65. That is there are a lot more white men over 65 than there used to be.

Needs to have some upper age bound to be meaningful. Otherwise its including an unknown number of people we don't expect to be in the workforce.

 

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