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To: SeekAndFind; oincobx
The labor force participation rate is one of the most misleading statistics out there. If the LFPR is “only” 63%, then that simply means the other 37% of American adults aren’t working for ANY reason.

In 2016, candidate Donald Trump successfully portrayed this as a situation where 40% of American adults were unemployed because the local steel mill shut down 30 years ago, but the reality is that the single biggest factor in the declining LFPR over the last couple of decades has been the massive growth of RETIREES.

18 posted on 10/19/2019 6:46:21 AM PDT by Alberta's Child ("Knowledge makes a man unfit to be a slave." -- Frederick Douglass)
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To: Alberta's Child

>>>the reality is that the single biggest factor in the declining LFPR over the last couple of decades has been the massive growth of RETIREES.

So essentially what we need is something to convince the stay at home moms and retirees to get back into the workforce.


21 posted on 10/19/2019 7:29:20 AM PDT by oincobx
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To: Alberta's Child

RETIREES should not be included in the Labor Force Participation figures. neither should students between 18 to 22 who are in college.

If they are, then the figures are misleading.


26 posted on 10/19/2019 9:32:18 AM PDT by SeekAndFind (look at Michigan, it will)
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To: Alberta's Child

“...but the reality is that the single biggest factor in the declining LFPR over the last couple of decades has been the massive growth of RETIREES.”

I object, I am a retiree and I have lost forty pounds since retiring.


29 posted on 10/20/2019 6:31:38 AM PDT by RipSawyer (I need some green first and then we'll talk a new deal!http://www.freerepublic.com/focus/f-news/3763)
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