Millions of Americans aren't working. Why?
http://finance.yahoo.com/news/millions-americans-arent-working-why-120146224.html
Call it the million-worker mystery.
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A large chunk of American adults are no longer in the labor force. That has left economists divided over how many of them are voluntarily not working-or even looking for work-because they wanted to retire, go to school or take care of family members, versus how many have been forced out because they couldn't find a job.
"Almost everyone who's looked rigorously at the numbers thinks both of those things are going on," said Heidi Shierholz, an economist with the Economic Policy Institute, a left-leaning think tank.
What they can't agree on is what is more prevalent-leaving the workplace on purpose or getting left out even as the economy improves.
The distinction is important because it would help economists understand whether the job market is on its way to a healthy recovery, or whether the current unemployment rate of 6.7 percent vastly underestimates how many Americans actually need a job.
(Article does continue. Zim.)
Mad Poet Strikes Again.
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