re: Record 95,102,000 Americans Not in Labor Force; Up 18% Since Obama Took Office

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So it does include retirees and students. Am I reading this wrong or am I crazy?

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Yes. It includes retirees. Every time this issue comes up on this board, people come on here and say that it doesn't include retirees. Then, you can look it up and literally every article you find about the LFP, including definitions, say that it is those 16 and older. Period. Including retirees.

There are even breakdowns for age including those 25-64. That age group has an LPR of around 77%, I believe.

As Baby Boomers age and younger people go to college and stay in college more, as women stay home with kids more than in the past, as people retire early, go on disability, or just don't adapt and develop skills with a changing job market and find ways to not work and live off others or the government, the LFP has dropped. Our workforce is aging, but people are living longer as well.

Am I wrong? Can someone post something definitive that says the LFP is just those age 16-65? I have not seen anything.

Check this out. It explains it well:LINK /