Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (45171)	1/31/1999 8:31:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 132070

Thanks. Barb. --EOM

To: Mama Bear who wrote (45171)	2/1/1999 1:17:00 AM
From: IceShark	Respond to of 132070

Barb, that's it. If you are no longer actively looking for a job, i.e. gave up and plan on living off someone else like a spouse, you are out of the labor market. So a 50 year old manager that gives up looking after a year, isn't quite ready to work at a fast food joint and lives off the wife's income and farting around with who knows what, is not counted. This number has exploded compared to historical standards, helped in no small part by wild gains in the equity markets and no doubt is the reason we see "low" official unemployment, yet little wage pressure. There is a huge pool of labor that will come rolling in if things get tight. Regards, Ice