clevergirl
Gold Member
- Oct 22, 2009
- 2,721
- 554
How dare those Boomers retire!!!!Here is the size of the labor force, as defined by the Department of Labor, before, and since, this horrible recession, now aptly dubbed "The Great Recession". This might help us get some proper grounding:
In October, 2003, the Department of Labor announced that the size of the entire labor force in the United States was 146,716,000 people.
In October, 2008, the DOL listed the entire labor force as being 154,875,000. The growth is attributed to population growth, youth becoming working adults, and offset by people dying or moving out of the country. In general, the labor force grows by about 150,000 per month.
In March, 2012, DOL's number of the total working is 154,707,000
By clicking the link above, you'll notice that the labor pool increases regularly, with pretty much no exceptions, since 1948. That is, up until 2009.
Then, somehow, the government reports that the labor force DECREASED between October, 2008 and March, 2012.
Really?
Go here to read the article in its entirety
April 2012 unemployment: What's the REAL number? - Fort Worth Personal Finance | Examiner.com
Don't they know that, like the disabled, they MUST work until they die so the unemployment rate will be high enough to get republicans elected.
There is zero evidence that retirement is the causation- ZERO.