Quote:
Originally Posted by djplong
For the first time, something that I suspected was affecting the unemployment rate has been mentioned:
Boomer retirements color jobless rate
One of the reasons we no longer have the annual Social Security surplus that used to mask our deficit is that the baby boomers have started retiring (being born in 1946, 1945 + 9 months, means you would be turning 65 last year)
I had a feeling that the increased number of retirements would affect unemployment and now it seems someone has finally said so. |
A bit out of my element here, but you are making a good point.
Would it, could it, not also effect the "jobs created" number as well, for those legitimate retirees where a replacement is made ?