Quote:
Originally Posted by whell
http://www.wsj.com/articles/the-idle...men-1472769641
There are now over 93 Million people not in the labor force. These numbers compare to the recessionary days of 1977.
According to the WSJ article: "During the past half-century, work rates for U.S. males spiraled relentlessly downward. America is now home to a vast army of jobless men who are no longer even looking for work—roughly seven million of them age 25 to 54, the traditional prime of working life."
Sad.
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In major American metropolitan areas and with the current unemployment rate at 4.9%, able-bodied and competent people have little problems finding work. A large component of your cited number is the large cohort of baby boomers retiring.
FWIW, Romney promised to reduce the unemployment rate to 6% by the end of his first term. It seems Obama has been that by nearly 20%.
Here's a few truths about Republican promises on the economy in 2008 vs what Obama actually delivered.
https://thinkprogress.org/4-things-t...a5a#.c10w3x80h