I wonder how students seeking work are included in employment numbers? Anyway, its sad.
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The same way folks that retire every day are counted. We have new graduates every year entering the workforce and we have new folks retiring every year leaving it. Since our population is aging in aggregate, the percentage of folks leaving the workforce through retirement is increasing relative to the percentage entering it, which is a problem where SS and Medicare are concerned. Also, I assume plenty of folks are deferring retirement – as they should – these days. But, my point is, you can’t just analyze the number of folks naturally entering the workforce without taking into account the folks naturally leaving it as well.
