Quote:
Originally Posted by Rochard
Oh my god.
YES, it is getting larger. Yes, it will continue grow. This has NOTHING to do with unemployment, or the number of people employed.
My mother is not part of the labor force, but it is not unemployed. She is retired. She is not working because she is retired.
In the United States, we have 87 million people are who are retired, disabled, students, or stay at home parents. These people are not unemployed.
This number will continue to grow. It's simple math. More people are retiring than are moving into the labor force.
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Rochard...you really should research and start using your brain. I've already told you this several times...
That number of LABOR FORCE PARTCIPATION is NOT counting people "retiring".
It is the number of people who are of the age group to be in the workforce.
WTF is wrong with you that you can't grasp that concept???
Has NOTHING to do with people retiring at all.
Now if you want to quibble with what he said...it DOES include college students for instance.
My daughter goes to UNLV. And many of them don't work. My daughter DOES have a job however....and MOST of the students there do as well (turns out they like having spending money lol)
It also includes the disabled. So you could argure that point. Though again...MOST disabled people have jobs.
It also includes the mentally disabled. A lot of them don't have jobs....but a decent percentage do.
So if you wanted to argue the numbers you could. But NOT by babbling AGAIN about retired people.
They are NOT counted in the labor participation numbers.
Neither are children...so don't be stupid and try to use that one in your next foolish argument.