Well.. that 95 million number isn’t based on the full population of the country... it’s based on legal residents (citizens, green card holders, etc) of working age, so that’s 17 and up to the late 60s, I believe. Something of that nature.
Here it is. The 95 million starts with 16 year old legal residents, and up. Doesn’t seem to have a cap.
So we DO expect there to be a significant number here, in the “out of the workforce” number, since we hope that lots of people retire at around 65, and we hope that lots of families will be able to survive on one income, so the mom (presumably, but not always) can stay home with the kids.
So that’s why the number is in the millions, and not just in the thousands.
But even so, it shouldn’t be 95 million.
This means that tons of the 16-22 crowd of kids in high school and college who should have part time jobs couldn’t even find part time jobs. It means that tons of people are forcibly retired before they wanted to.
It means that tons of people who WANT jobs can’t find them.
and that’s what America is rising up to recognize, be furious about, and want to fix!!!!