Quote:
Originally Posted by Rochard
And why do you think that is?
The labor participation isn't based only on the economy. If it was, why did the labor participation rate peak in 2000 and has been in steady decline since then?
The large demographic of baby boomers are getting older and moving out of the labor pool. People are getting older, retiring, and moving out of the work force.
But it sounds so much better when you try to blame it Obama.
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No, no, no.
Those figures for the Labor participation rate are based on ELIGIBLE people. NOT people of retirement age.