Rapunzel52
Well-known member
- Joined
- Dec 31, 2011
- Messages
- 525
- Reaction score
- 233
- Location
- The Great Midwest
- Gender
- Female
- Political Leaning
- Conservative
It was lower before than too. The big nudge through that era were women entering the work force. Working Mom's. That is the structure of our current workforce.
Fact remains that we still need to add about 140K jobs per month just to hold steady, as we still have an increasing population. About 1.7 million per calendar year just to stay even. Actual unemployment is close to 11%.
Yes, that is correct. Baby Boomers may be retiring but that does not change the fact that job creation is still not even sustaining population growth. Not only that but the financial, housing and even back to the dot com bubble bursting have made it impossible for a lot of baby boomers to retire.
Personally, I have seen so many people past retirement age have to return to the labor market to make ends meet.
We need 250,000 jobs a month just to break even.
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