http://www.northescambia.com/2018/11/local-employment-rate-remains-steady Local News for Molino, Bratt, McDavid, Century, Walnut Hill, Cantonment Wed, 15 Apr 2026 16:54:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.northescambia.com/2018/11/local-employment-rate-remains-steady/comment-page-1#comment-376973 Grand Locust Sat, 17 Nov 2018 12:34:49 +0000 http://www.northescambia.com/?p=344248#comment-376973 There are 10,000 babyboomers a day who are retiring. The bubble in America population is slowly working their way out of the labor market. The result was predicted by economists for years......low unemployment as the baby boomers leave the economy. We are going to see labor shortages in the next four years as legal immigration and birth rates cannot keep up with replacement of those babyboomers. The labor participation numbers which were a subject of criticism of prior administrations as not giving true unemployment numbers are off the chart and now everybody realizes what is driving unemployment numbers.......massive retirements which is good for young people. There are 10,000 babyboomers a day who are retiring. The bubble in America population is slowly working their way out of the labor market. The result was predicted by economists for years……low unemployment as the baby boomers leave the economy. We are going to see labor shortages in the next four years as legal immigration and birth rates cannot keep up with replacement of those babyboomers. The labor participation numbers which were a subject of criticism of prior administrations as not giving true unemployment numbers are off the chart and now everybody realizes what is driving unemployment numbers…….massive retirements which is good for young people.

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