Quote:
Originally Posted by JCricket
How do they figure this number? Is it actual new jobs added to the economy, or is it a reduction in the number of people looking for a job? Maybe a mix?
I don't know, obviously. I was just wondering if the retireing baby boomers leaving the work force had anything to do with that number?
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People entering and leaving workforce has to do with the unemployment rate. All that has nothing direct to do with the jobs number, which is basically 'additional hires - layoffs.'