Tuesday, October 11, 2016

The Silent Majority: 94,184,000 Adult Americans Not Participating in the Labor Force.

My Budget 360 ^ | October, 2016 

There are roughly 74.9 million baby boomers. Then you have approximately 75.4 million Millennials. Big groups that can sway the election. But how many people are not in the labor force? You have a whopping 94.2 million adult Americans that are not in the labor force. In other words the largest voting bloc of adults is going to be a group that isn’t employed. So think about what issues are going to matter to this group. It is a given that a large part of this cohort comes from older Americans. Those that are concerned with healthcare and Social Security. But you have many in this subsection of America that would like to work but simply cannot find work. We are talking about millions here. So it will be interesting to see how this group will vote one month from now.
The not in the labor force cohort
I still find it hard to believe that so many Americans just don’t know about this giant group of people in our population. It is a hidden majority. These numbers are not some sort of fabrication but come directly from the government’s own data.
(Excerpt) Read more at mybudget360.com ...

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