Discussion in 'Free Speech Alley' started by LSUpride123, Jan 10, 2014.

  1. LSUpride123

    LSUpride123 Boobies make everything A OK!!!

  2. mctiger

    mctiger Kenny HIlliard, Beast Staff Member

  3. LSUsupaFan

    LSUsupaFan Founding Member

    How much of that is caused by the all time high number of retirees?
  4. LSUpride123

    LSUpride123 Boobies make everything A OK!!!

    I guess that argument would work if these people didn't have any kids...
  5. LSUDad

    LSUDad Senior Member

    Look in today's paper, there is a write up on the number of people that can't retire. It is showing the large number that will have to work well past the age of 65.
  6. Tiger Exile

    Tiger Exile Long time lurker

    This taken from the US Census Bureau:

    July 1, 1978 222,584,545

    Population Estimates (as of July 1)
    2010 2011


    The population growth isn't usually made up of baby boomers so that should offset the large number of retirements. The U6 Unemployment rate is still at 13.1%
    gyver likes this.
  7. red55

    red55 curmudgeon Staff Member

    Baby Boomers make up 35% of the population and they have started to retire. By 2050 the number of elderly people to working Americans will nearly double from 1990's 21% to 37%. So there will definitely be a large percentage of retired people in that 37% of the adult population that is not working. I'm not sure how that number is calculated but if they are using the total adult population, it may also include dependents such as housewives of working husbands . . . people who are not really looking for a job.

    So most are surviving on retirement savings, pensions, and Social Security or on their spouse's income. Many also have retirement income from rental property, annuities, etc. that are not counted as "jobs".

    U6 is the category of "those who are not looking for work", "marginally attached workers", and "part-time workers".

    U3 is that official category of "people who are without jobs and have actively looked for work" and is is currently at 6.7%.
    LSUsupaFan likes this.
  8. KyleK

    KyleK Who, me? Staff Member

    Welcome back Sir Rouge!
    shane0911 likes this.
  9. red55

    red55 curmudgeon Staff Member

    "To Annoy and Serve"
    mctiger and shane0911 like this.
  10. LSUpride123

    LSUpride123 Boobies make everything A OK!!!

    Wow, imagine that. Old people make up 33% of the population.

    Young adults
    Old people.


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