Feralucce wrote:
I don't think that it does... retirees are not normally considered for those statistics as they are considered "retired" and not unemployed
People no longer seeking employment are not counted as unemployed.
That is why our "unemployment" statistics are dicey. Discouraged folks who have given up trying to get work are not counted. As a rule of thumb you double the "official" unemployment percentages to get a more true number.
ruveyn