[riverdawg]

There are not 95 million “working-age” people who are out of the labor force. There are 95 million persons age 16+ not in institutions who are out of the labor force. Most of these 95 million are retired and over 65, full-time students, homemakers, etc. The BLS website provides enough information formyounto perform the relevant calculations from the “raw” data.

[LostPassword]

Obamacare is doing what Pelosi said

A bill that says to someone, if you want to be creative and be a musician or whatever, you can leave your work, focus on your talent, your skill, your passion, your aspirations because you will have health care. You won’t have to be job locked.

Either that or Obama's other policies destroyed the will for many individuals to work or for small businesses to hire.

[Alberta's Child]

Very good point. I’ve said for years that those figures need to be adjusted to eliminate retirees who have no interest in working.

[jjotto]

Youth and prime-age (under 55) are responsible for the participation rate decline. Over 55 and retirement age (65+) participation has been increasing.