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re: Digging beneath the unemployment numbers, where are the workers going?
Posted on 5/19/14 at 2:37 pm to ironsides
Posted on 5/19/14 at 2:37 pm to ironsides
quote:This would have to assume a 100% employment rate for the age group, no? If you are to assume that every new person in that age group should be working...
In the core age 25-54 age group, the population is down 1,053,000 but employment is down a whopping 4,614,000.
Thus, in the 25-54 age group, roughly 3,561,000 people are not working who should be working. The figure is higher if you include other age groups.
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