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To: Mad Dawgg

Well we have the baby boomers retiring, kind of a budge in the curve. That might account for some of the distortion. The number I recall was 280K new jobs needed to keep unemployment rate stable but that was prior to the baby boomers retiring in mass.


21 posted on 08/02/2013 6:23:18 AM PDT by jpsb (Believe nothing until it has been offically denied)
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To: jpsb

Except that the mass retirement of baby boomers should be opening up scads of jobs. It would be even better than 1:1 replacement since you’d be replacing experienced, top of wage scale workers with less-skilled workers, so you could afford to hire more than one replacement.


50 posted on 08/02/2013 8:09:14 AM PDT by NonValueAdded ("When there is no penalty for failure, failures proliferate." George F. Will)
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