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Author: DrBob2 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 442423  
Subject: Re: Truth About Jobs Date: 10/8/2012 10:25 AM
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Well Bob, the trend you are reporting has been going on for thirty yaears now...

Are you saying that the number of people who are underemployed (working part time because they can't find a regular job) has been going up for 30 years? Got any data?

Krugman seemed to be saying that things would look better if the boomers weren't starting to retire. Since the oldest of them is only 66, that would seem to be a marginal effect at best.

At any rate, if older workers are dropping out of the workforce then shouldn't that create more opportunities for younger workers?

One in Three Young U.S. Workers Are Underemployed
http://www.gallup.com/poll/154553/One-Three-Young-Underemplo...
32% of 18- to 29-year-olds in the U.S. workforce were underemployed in April, as measured by Gallup without seasonal adjustment. This is up from 30.1% in March and is slightly higher than the 30.7% of a year ago.

DB2
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