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A comment on Ask HN: What was your best passive income in 2016?. Parent comment

Re:Ask HN: What was your best passive income in 2016? by bb611 on Sunday December 11, 2016 @10:26AM (#13151419)
Unemployment is only 4.9% because the participation rate dropped 3% points in the last 10 years: http://data.bls.gov/timeseries/LNS11300000

That's close to 10 million people who have stopped looking for jobs who we would otherwise expect to have them.

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Re:Ask HN: What was your best passive income in 2016? by berdario on Sunday December 11, 2016 @01:59PM (#13152504)
But the participation rate can float for a few different reasons

http://qz.com/286213/the-chart-obama-haters-love-most-and-th...

(clickbaity headline, but the contents seem sound)

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Re:Ask HN: What was your best passive income in 2016? by krakensden on Sunday December 11, 2016 @01:23PM (#13152299)
Baby Boomers should be leaving the labor market though.
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Re:Ask HN: What was your best passive income in 2016? by icebraining on Monday December 12, 2016 @01:32AM (#13156087)
It's not just old people: "in 2000, if you happened to be a 20-year-old man with less than a Bachelor's Degree--and when I say 20-year old, I mean in their 20s--21 to 30. About 8% reported not working at all during the prior year. That number, today: About 18%."

http://www.econtalk.org/archives/2016/11/erik_hurst_on_w.htm...

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