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nradovyesterday at 2:30 PM2 repliesview on HN

The US labor force participation rate is currently at a relatively low level. There is plenty of surplus labor available with the right economic incentives.

https://fred.stlouisfed.org/series/CIVPART


Replies

cliglotyesterday at 2:33 PM

> There is plenty of surplus labor available with the right economic incentives.

Instead the “Economic incentives” go to the Chinese owners who then learn that Americans are not interested in working in a sweatshop and instead rely on third parties to supply them with illegal workers and engage in white collar crime.

I’m suspicious of “re-industrialization” pushes because everywhere I’ve ever lived it’s resulted in at best a foreign company given massive tax breaks to create a few hundred low paid button pusher jobs and maybe a handful of better paying technician jobs.

gruezyesterday at 2:32 PM

Isn't that just due to people retiring?

https://fred.stlouisfed.org/series/LNS11300060

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