| Re: Weird Economics
Quote:
Originally Posted by FUNdamental  A factor that is helping the economy that I don't see discussed much is retirement; with an early wave of the baby boomers retiring, or moving part time, the job market is strong because we are needing to fill those jobs being vacated. Many times, in the professional world, two lower paying jobs are made for the one job being vacated. | I think to some degree that is the case with the baby boomers retiring, but based on some of the data these folks will not be able to retire completely, and many still want to stay active(job). The unemployment rate stayed at 4.6 % even though 340,000 people left the workforce for any number of reasons.
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