The Market Ticker - Spare Me The 'Not Enough Americans' Trope
When it comes to jobs.
The BLS most-recent report (remember, we didn’t get it during the shutdown) says there are 274 million Americans that are non-institutionalized and of working age, which they define as 16+. If you’re in prison or a nursing home you don’t count, but otherwise you do.
Of those the latest estimate are that 60 million are 65+. It is reasonable to believe that a large percentage (but not all) of those are either voluntarily retired or simply beyond the capacity to work productively in many areas of the economy. Let’s presume that all of them are (although this is clearly not true, it is the most pessimistic estimate one can use.)
According to the BLS there are (Click link to read more)
Source: https://market-ticker.org/akcs-www?post=254449
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