esmith brings up some good points. Both of my parents fall into the “under 65 and employable” catagory, yet neither works anymore. They left today to go run a marathon, so they arnt in the unemployable catagory yet they inflate your stats as they dont have jobs. They saved and invested and worked hard and now are enjoying a long retiremnet for it. They should not be counted as “unemployed”.
They won’t be counted. The unemployment calculation works like this:
% Unemployed = % of population currently receiving unemployment benefits
Since unemployment benefits run out after a few months (varies by state), the number doesn’t reflect those who never found a job before their benefits ran out.