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What 'are so many of them doing?' 95 million not in US labor force
CNBC - so sorry ^ | December 2, 2016 | Jeff Cox

Posted on 01/07/2017 11:40:22 AM PST by FreedomNotSafety

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To: AlaskaErik

I’m retired. I have no desire to go back to work. I don’t know what the cutoff is, but I’m under 65.

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That’s me too, I retired at 54, I’m 71 now and still do not miss the “rat race”.


41 posted on 01/07/2017 1:41:11 PM PST by Graybeard58 (Bill and Hillary Clinton are the penicillin-resistant syphilis of our political system.)
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To: mountainlion

95M that collected their unemployment and are no longer in the workforce should be counted as unemployed.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I hope Trump straightens that dishonest mess out and reports the real stats.


42 posted on 01/07/2017 1:44:23 PM PST by Graybeard58 (Bill and Hillary Clinton are the penicillin-resistant syphilis of our political system.)
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To: mountainlion

Of course you can get food stamps if your SS is low enough.
Don’t you remember obama hired people to go to retirement areas especially in Fla and sign people up, even when they said they did nit need SNAP?

He wanted to make sure they voted Dem


43 posted on 01/07/2017 1:52:02 PM PST by RWGinger (Does anyone else really)
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To: FreedomNotSafety

disability for every ailment is a huge factor

http://www.iwf.org/blog/2796127/Americans-on-Disability-Skyrocket-%E2%80%93-Especially-Under-Obama


44 posted on 01/07/2017 2:04:56 PM PST by jneesy (I want my country back and Trump is gonna give it to me)
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To: Jack Hydrazine
Trump should publish real unemployment numbers on day one so the RATS can't raise the numbers after he's in office and blame him
45 posted on 01/07/2017 3:17:19 PM PST by Chode (may the RATS all die of dehydration from crying)
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To: Noamie

I hear you. Hillbilly Elegy was written about a nearby town to me.


46 posted on 01/07/2017 3:21:17 PM PST by FreedomNotSafety
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To: miss marmelstein

Employers don’t get it. The 40 and 50 somethings with kids and responsibilities are NOT going to be getting high in the alleys or calling in sick with hangovers Monday mornings. They are serious and hard working. They should have a little wisdom.

When I was searching after 20 years of not working, even with advanced degrees, I sent out 3000 cvs and got pretty much nothing. I would have worked for free or interned just to prove myself. Nothing.


47 posted on 01/07/2017 3:21:29 PM PST by Yaelle
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To: Yaelle

I think what keeps them from hiring older people is the health care stuff, don’t you think? What they lose is what you explicate: good work habits, an ability to get to work on time, excellent services skills.

I worked at Barnes & Noble during a dark period in my life and they hired only women of about 50 years old. Paid us bubkis but knew we’d show up on time and smile while selling terribly-written books and elfs on shelfs.


48 posted on 01/07/2017 3:26:16 PM PST by miss marmelstein
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To: miss marmelstein

Exactly. Which is why health care should be separate from work. In Switzerland it is. True that an older person is more likely to get cancer or seriously ill. Let’s let them care for that on their own and hire them. If they have $ they can pay for their own health care. Especially under Trump.

Not to denigrate vets but they, if young, have a FAR FAR BETTER SHOT at getting a job than a 50-something. And that isn’t right either.


49 posted on 01/07/2017 4:14:22 PM PST by Yaelle
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To: mountainlion
How To Lie With Statistics

 photo How_to_Lie_with_Statistics_zpsc00qz0ph.jpg

50 posted on 01/07/2017 6:41:09 PM PST by HotHunt
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To: mountainlion

About 44 million are on food stamps. Among the 95 million who are not in the labor force, most are retirees who have not actively sought work nor have the become discouraged about finding work. So they shouldn’t be counted as unemployed.


51 posted on 01/07/2017 7:38:43 PM PST by riverdawg
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To: riverdawg

There are a good number of retired people that weren’t ready to retire when it happened. I have a couple of friends in the trades that basically had to retire because of the lack of work. There isn’t much going on out there in reality.

So yes, technically, they’re retired, but no, they are not necessarily unemployable. They just know that there’s nothing out there for them right now.


52 posted on 01/07/2017 7:44:10 PM PST by meyer (The Constitution says what it says, and it doesn't say what it doesn't say.)
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To: meyer

I agree that many early retirees, especially, lost their jobs and couldn’t find new jobs that dominated collecting Social Security and/or income from retirement savings.


53 posted on 01/07/2017 8:05:44 PM PST by riverdawg
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To: riverdawg

What makes you think they are retires?


54 posted on 01/08/2017 6:14:12 AM PST by mountainlion (Live well for those that did not make it back.)
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To: FreedomNotSafety

Around here, they drive from food bank to food bank using their iPhone to navigate. Once they fill their pantry, they go around a break into the homes of working people to buy their heroin or meth for the day.

Who has time to work?


55 posted on 01/08/2017 6:18:32 AM PST by IamConservative (Hillary walks while 100's of teens get prosecuted for mishandling Miley Cyrus MP3's..)
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To: mountainlion

The responses that people who are not actively seeking work give in response to survey questions. The BLS conducted a survey on reasons for being out of the labor force and reported the results in their Beyond the Numbers section of its website. On another thread, I gave some more details and noted that just under half (not more than half, as I wrote above) were retired. Of course, some unknown fraction of them could have retired after months or even years of unsuccessful job search.


56 posted on 01/08/2017 6:26:35 AM PST by riverdawg
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To: ExSES
"As an anecdote..., I know a few who work strictly for cash now and draw SSA Disability, etc,! People may not have much formal education BUT..., when it comes to personal economics they play the angles and prosper!"

That is called the "grey economy" and lots of folks are opting for it. Go to your local flea market and you will see lots of these folks working the grey economy.

57 posted on 01/08/2017 6:29:43 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: babble-on

Thee are about 18 million college students in the USA give or take. Some work, some don’t. That is big chunk right there. A lot of people work under the table. I know/hire a local “handyman” occasionally. He has a legit business license. But if you pay him in cash or with a local check written to him and not to his business he takes off 10% for work performed. He will take the local check to your bank and cash it so there is no record of the transaction.


58 posted on 01/08/2017 6:29:50 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: FreedomNotSafety

Boockvar is wrong.

As I understand it, retired people are not considered unemployed by the BLS. They define labor force as the sum total of employed and unemployed people, therefore the labor force participation rate does NOT include retirees.


59 posted on 01/08/2017 6:41:05 AM PST by Fresh Wind (Hillary: Go to jail. Go directly to jail. Do not pass GO. Do not collect 2 billion dollars.)
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To: FreedomNotSafety
I lost my job 7 months ago at age 60 and have spent every day looking for another job. I'm only surviving by liquidating my possessions. My unemployment only lasted about four and a half months and 55% of that was given to my ex for spousal/child support. I wonder if I'm counted as unemployed.

Anyone need any 68-69 Ford Torino/Fairlane parts or a Fender Stratocaster?

60 posted on 01/08/2017 7:31:57 AM PST by BubbaBasher ("Liberty will not long survive the total extinction of morals" - Sam Adams)
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