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Close to a million people have died in the US. That is a pretty important point in the labour market, quite aside from the brutal human cost. The people demand
by rodgerd 5y ago
Close to a million people have died in the US. That is a pretty important point in the labour market, quite aside from the brutal human cost.
The people demanding "let 'er rip" got what they wanted - mass death to avoid personal inconvenience - and it turns out that they're getting an economic cost anyway.
- codemonkey-zeta 5y ago> Close to a million people have died in the US. That is a pretty important point in the labour market This doesn't make sense given the average age of people who died from Covid is well over working age.
- runamok 5y agoPer https://www.forbes.com/sites/juliejason/2021/11/14/still-working-after-age-65-and--thinking-of-moving/?sh=136826665402 https://www.forbes.com/sites/juliejason/2021/11/14/still-wor... there are ~10 million people working in the US that are over 65.
- gred 5y ago75% of those deaths were over the age of 65, past retirement age. So we're talking -250k from a working pool of 150m (-0.17%). It seems to me that the pandemic impact on the other 99.83% of the workforce is what's probably moving the needle on any recent employment trends. https://www.cdc.gov/nchs/nvss/vsrr/covid_weekly/index.htm https://www.cdc.gov/nchs/nvss/vsrr/covid_weekly/index.htm https://www.bls.gov/news.release/pdf/empsit.pdf https://www.bls.gov/news.release/pdf/empsit.pdf
- shephardjhon 5y agoAlso long covid which can render people unable to work or issues like taking care of people who are sick or immunocompromised people who used to work outside but can't now.