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Unemployment only measures people looking for work. So anyone who is retired (we have an aging population) or who has given up looking (for lack of skills, drug
by fred_is_fred 9y ago
Unemployment only measures people looking for work. So anyone who is retired (we have an aging population) or who has given up looking (for lack of skills, drug conviction, drug addiction, etc) also don't count. A more interesting graph is labor force participation.
- TheCoelacanth 9y agoBut when so much of the change in labor force participation rate is so easily tracked to aging, why would you make inferences about automation based on that?