Quote:
Originally Posted by donquixote99
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.'
|
Actually, that should be how it is. However, it looks to me like the BLS uses unemployment as compared to previous months, as one of the primary tools for the report. That would be fine, but it does not take into account the boomers retiring. Maybe in another part of their equation the compensate for it. However, so far I have not been able to find anything reference that piece of the puzzle.
04-08-2017, 11:51 AM
Threaded Mode