Quote:
Originally Posted by maggie1
It seems as though some of our citizens are not as satisfied to stay at home and collect free money. The unemployment rate has fallen to 6%. Let us all be a little more positive in our future; this pandemic has caused much more than death totals, it has divided us as a nation, and continues to do so. We will survive.
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People are only counted as unemployed if they're 1) Out of work and 2) Looking for work. The labor participation rate is what actually matters the most and as a country we're still down around 60%, at least that's what the number was a while back, haven't heard it mentioned in months. So 40% of working age citizens are not working, that of course includes anyone retiring before regular retirement age (~ 65) but also shows a lot of the country living off the efforts of others..