Only if they are not actively searching for a job. OECDs definition: “ The unemployed are people of working age who are _without work_ , are available for work,

Only if they are not actively searching for a job. OECDs definition: “ The unemployed are people of working age who are _without work_ , are available for work, and have taken specific steps to find work.” This number for the year was around 4.7. Labor force participation would decrease when people retire or never needed to work in the first place. But I understand your point, it includes some people that will easily get a job but don’t have a job currently.