thereisnospoon
Gold Member
No I said the MAJORITY of them were Boomers retiring. According to SSI in Aug 2012 there were 219,631 new retirees and 75,459 new disabled. The rest of the 368,000 who left the labor force were new students, new moms, family members who left work to take care of a sick or aged family member, people who left the country, etc.Does the " no longer looking fo work" include those who have retired from the workforce?
Those "no longer looking for work" are the baby boomer retirees that Ed's referring to as retired.
The "no longer looking for work" are the people who just gave up looking and those that their benefits have expired.
Yer really going to go with that? With no evidence to back it up?
Look, retirees are not counted as part of or as having given up on finding work.
You started this nonsense about retirees. It's a flat out fabrication.
Actual unemployment figures( U-6) DO NOT account for those retiring from the workforce.
Perhaps in your dream world, you wish this were untrue, but alas....Nope.
You'll juts have to live with the facts.