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The numbers above were from the BLS website, using their query tool for everyone "Not In The Labor Force"
data.bls.gov/pdq/querytool.jsp?survey=ln
Who cares? Under what scenario could you possibly conjure up that it's good for America and the future when the labor participation rate is 62 percent?
Who cares? Under what scenario could you possibly conjure up that it's good for America and the future when the labor participation rate is 62 percent?
Please, enlighten us!
Baby Boomers were born between 1946 - 1964.
In 2001, the Baby Boomers began to turn 55.
Do you actually need further explanation?
Have a look at the growth rate of the NILF beginning in 2001 forward, using the data I provided.
Then compare it to the growth rate of the NILF between 1977 - 2000.
Yes, an large retirement age population does mean more people will be not working for years to come. Thanks for clearing that up. As for an Obama plan? I'm not so sure he had much impact on people born 10 to 20 years before he was.
People not actively looking for work (retirees) are not counted in the labor pool.
There are 23 million able-bodied working aged Americans out of work and yet Obama wants to amnesty 11 plus million illegal aliens. Does this make sense to anyone?
No. But neither does calculating that all of are nations social problems built up over several centuries can be attributed to absolutely One individual. That is either very naïve or sinister reasoning, imo.
Have a look at the growth rate of the NILF beginning in 2001 forward, using the data I provided.
Then compare it to the growth rate of the NILF between 1977 - 2000.
Actually, yes I do need further explanation. What you've said here does not answer my question.
So, i'll ask again:
Quote:
Originally Posted by AeroGuyDC
Who cares? Under what scenario could you possibly conjure up that it's good for America and the future when the labor participation rate is 62 percent?
Please, enlighten us!
What part of that question do you need me to explain?
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