The Investment Thread

DaveXA said
Yeah, I don't get that at all. Full employment isn't a bad thing now is it?

bclemms said
Yes and no. We're only close to full employment because participation is so low.

DaveXA said
True that. Lotta people came off the rolls over the last few years. So yeah, you're right.

The problem is that we don't have a big enough workforce to fill the jobs and continue growth. That causes companies to overpay. Good and bad to that.

I think what we are seeing is that 20-54 are all mostly back to work. Its folks 55+ who aren't or retired and are happy to stay out of the market.

The key will be graduation rates and how many kids are 16-19 that will be entering the work force or college in the next few years.