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Ostensibly they are missing from the labor force, not from the planet.
by yasp 4y ago
Ostensibly they are missing from the labor force, not from the planet.
- easythrees 4y agoHow many are dead or permanently disabled because of Covid, I wonder.
- red-iron-pine 4y agoCOVID has killed hundreds of thousands, but overwhelmingly older or weaker folks, the kinds who are retired, semi-retired, or on disability. This would have had an impact, but not 10 million
- Swizec 4y agoConsidering almost 7m people died from covid officially … Yeah they’re pretty missing https://www.worldometers.info/coronavirus/coronavirus-death-toll/ https://www.worldometers.info/coronavirus/coronavirus-death-... The Economist puts excess deaths at 20m https://www.economist.com/graphic-detail/coronavirus-excess-deaths-estimates https://www.economist.com/graphic-detail/coronavirus-excess-...
- marginalia_nu 4y agoHow many of these dead people were of a working age?
- Swizec 4y agoEnough? Keep in mind we got some of the first ever basic human rights because there weren’t enough peasants after the black plague.
- marginalia_nu 4y agoI mean in the context of does it explain the absent workers?
- Nowado 4y agoIf you go with that excess deaths number, if the answer was 1/4 (which is what stats suggest) that covers half of the 10M. There's still the other half, but that's not nothing.
- Clubber 4y agoI would think that the older folks that died from Covid had some money to leave to their children or grandchildren, who use that to either take an extended vacation, or sabbatical or whatever. Just because they are old and weren't working doesn't mean their early death didn't have a monetary affect.
- jameshart 4y agoSo the trouble is, there's a lot more than 10m people outside the labor force of the relevant countries - that's true even if you only consider people who are actually in those countries, let alone the people who live in other countries who have not migrated there. The trick is figuring out which 10 million of those people are the ones who would have been participating in that labor force.
- VLM 4y agoWill HR permit hiring someone who was downsized or it not currently working in that role with that job title? Its all about risk minimization, not workforce maximization.