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all we will need to do is have 9 million more people drop out of the work force. That is what this current unemployment figure represents, loss of work force, and more part-time employment, this is not good news, this is not because more people are working.
Don't mean to disappoint you but the u6 unemployment rate also dropped.
That is what happens when people are removed from the labor force, even the U6 number no longer counts them any more. The number of officially unemployed fell by 263,000 to 11.5 million in July, while 240,000 people dropped out of the labor market.
The number of people employed part-time for economic reasons -- because their hours were cut back or they could not find a full-time job -- rose slightly to 8.2 million.
all we will need to do is have 9 million more people drop out of the work force. That is what this current unemployment figure represents, loss of work force, and more part-time employment, this is not good news, this is not because more people are working.
Baby boomers are getting pretty old so something like that will happen slowly between now and 2030
It's not just liberals. When Occupy attacked the ones responsible for a big part of the Economic Crisis conservatives chastised them and even applauded Police beating them and detaining them indefinitely.
Partisanship is what's destroying the country. D's or R's aren't immune.
The difference that you are missing, is some of the worst on the left are their elected representatives, while all the left can point to is some lunatic fringe civilian, nobody, who they point to as being from the right.
Baby boomers are getting pretty old so something like that will happen slowly between now and 2030
And yet only 25% or so who hit the age to collect social security are bothering to retire.
This year, leading-edge boomers are turning 66, the age at which one can claim full Social Security benefits, but many of those eligible are continuing to work.
In fact, recent Labor Department figures show that the percentage of workers over age of 65 is now at a record high.
And yet only 25% or so who hit the age to collect social security are bothering to retire.
This year, leading-edge boomers are turning 66, the age at which one can claim full Social Security benefits, but many of those eligible are continuing to work.
In fact, recent Labor Department figures show that the percentage of workers over age of 65 is now at a record high.
The SS monthly snapshot only showed a 10,000 increase in SS recipients between May 2013 and June 2013.
I only looked at SS, not the other variants.
That kinda backs up what you've posted.
The talking head keep telling us the decrease is due to everyone retiring yet the numbers don't back that up.
The article I posted, using official numbers doesn't support this story. Look at where the trends are in their own official numbers. These kind of headlines are promoted right up there with mythical rainy day funds.
If you went by their story..10,000 a day turn 65 then you have 300,000 people retiring each month.
And they are off by one year because it's 66 now.
And they are not signing up for SS either..the net was a 10K increase between the May/June snapshot.
Are they all dying before they get to the SS office ?
The article I posted, using official numbers doesn't support this story. Look at where the trends are in their own official numbers. These kind of headlines are promoted right up there with mythical rainy day funds. Making 9Million Jobless Vanish: How The Government Manipulates ...
This is fairly clear.
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