Quote:
Originally Posted by Munchmasterman
No, you can't make it up.
But you guys will sure try.
Do you think the babyboomers who started retiring 2 years ago might account for some of this? And will count for even more next year? And the year after that? etc.?
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You're making my point for me. Of course baby boomers are leaving the work force and are no longer being counted, so what. This adds to the illusion that unemployment is getting better when it isn't. It's a propaganda ploy to just quote the raw number of the unemployment rate when it's being driven by people getting out of the work force and not by new jobs being created.
The lastest job growth numbers were well below the number necessary to actually improve unemployment and yet the unemployment rate declined. It's obviously a stupid way to measure unemployment.