Friday, May 08, 2015

Labor Shortage?

Steven Camarota writes in USA Today,
The problem in America is not that we don't have enough working-age (16 to 65) people relative to retirees. Instead, the problem is that so many working-age people are not working.

Today, about one out of three Americans ages 16 to 65 is not working; in 2000 it was one out of four. At the start of this year, 68 million working-age Americans (excluding prisoners) were not working — 19 million more than in January 2000. Many of those not working are not even looking for work and have left the labor force entirely. There is clearly no shortage of potential workers in America now or in the foreseeable future.
Read more here.

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