Also, this will make unemployment go down just because repla...

Nederhoed commented on the news · Oct 4, 2024 22:18

Also, this will make unemployment go down just because replacements don't have the average that boomers have. Retired is not unemployment

@Nederhoed：Baby Boomers are turning 65 this year at 10,000 a day, 70% are retired at 65. This is about 210,000 jobs a month. So, really, no jobs created, paying more in Social Security and hiring a younger workforce for less money = less taxes. Kind of padded, don't you think?

Non-farm payrolls surged by 0.254 million people, with the unemployment rate unexpectedly falling. Has the US economy successfully achieved a "soft landing"?

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