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FRED (using data from the Bureau of Labor Statistics) claims that 83% of men, and 78% of women, aged 25 - 54 are working. In the prime working years, there isn
by tuatoru 3y ago
FRED (using data from the Bureau of Labor Statistics) claims that 83% of men, and 78% of women, aged 25 - 54 are working. In the prime working years, there isn't much of a problem, if any.
(The data series are Activity Rate: Aged 25 - 54 years: Males for United States, and Activity Rate: Aged 25 - 54 years: Females for United States.)
Adults younger than 25 are often still in school, although there is a growing share of stay-at-homes. Older than 54, well, they may have enough, or they may have health problems.
Just saying "40% of people aren't working" presents a less-than-nuanced picture. Some of them are kids and the very old.