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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 443.45+1.4%Jan 21 4:00 PM EST
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To: bart13 who wrote (89764)5/4/2012 2:32:37 PM
From: carranza2  Read Replies (1) of 219603
 
Participation dropped more than employment is one answer.

True.

It must be emphasized that small drops in participation are significant. I suspect that they include workers who were forced into retirement who would otherwise continue to work. Given the dismal retirement prepration of most workers, I have to assume that some percentage of this group is presently looking for work. Shouldn't they be deemed unenmployed?

I am really impressed by the more-than-one-year unemployed figures, as compared to pre-2008 rates.
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