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re: 12 hours until December unemployment and jobs reports - guesses?
Posted on 1/10/14 at 4:11 pm to GumboPot
Posted on 1/10/14 at 4:11 pm to GumboPot
quote:I think you are misinterpreting what is happening in that chart. I dint think the rising 65 and older number represents people returning to the workforce. I think it represents fewer people aging into that bracket choosing to leave the workforce. In other words, there are people not retiring than previously would have been the case.
That chart is interesting. So, retirees are getting back in to the work force, but why? Probably because they need to supplement their retirement or maybe boredom. But I think there is another reason. That is, businesses cannot find qualified people to do the jobs experienced folks can do and they are being called back to the workforce and some are accepting.
This post was edited on 1/10/14 at 4:14 pm
1
Posted on 1/10/14 at 5:26 pm to SettleDown
quote:
I think you are misinterpreting what is happening in that chart. I dint think the rising 65 and older number represents people returning to the workforce. I think it represents fewer people aging into that bracket choosing to leave the workforce. In other words, there are people not retiring than previously would have been the case.
I can buy that.
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