Thread: Economics Unemployment Falls to 7.7%
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Old 12-07-2012, 09:55 AM   #7
petegz28 petegz28 is offline
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Originally Posted by jiveturkey View Post
Isn't part of that due to retirees? There are a shit ton of boomers leaving the workforce every month. It's something like 10k per day.
Maybe some but not the majority. I guess if you wanted to cross reference the number of new SS claims vs. the number of people dropping out of the workforce you would have a better idea. And I do believe a lot of these are people who were in unemployment and are not on it any longer though they do not have a job.
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