Economics

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Ratio of Active U.S. Workers to Retirees (2001-2024) (www.visualcapitalist.com)

submitted 3 months ago by Innerworld@lemmy.world to c/economics@lemmy.world

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[–] Rivalarrival@lemmy.today 6 points 3 months ago (1 children)

I think I'll stick to blaming billionaires.

[–] Maeve@kbin.earth 3 points 3 months ago (1 children)

Tax them into oblivion.

[–] Rivalarrival@lemmy.today 5 points 3 months ago

Oblivion, certainly. I'm ambivalent on the method.

[–] DireTech@sh.itjust.works 1 points 3 months ago (1 children)

How much of that is because they use so many contractors instead of employees these days? They already did that because the contractors are easier to fire and charts like this encourage more of it.

[–] AA5B@lemmy.world 1 points 3 months ago

How much of it is because pensions are going away entirely? When i started my career, i knew people who were contributing toward pensions. Not anymore. There have been many tricks through the years to get rid of pensions, not just more contract workers, and what they have in common is no new workers paying in.

I have no sympathy for institutions doing so much to kill off pensions now being stuck with upside down funding.

Plus look at the numbers. Are they not all ridiculously low for a nation of 380m?

[–] mr_manager@lemmy.world 0 points 3 months ago

Also, hasn’t public-sector hiring been flat for decades? Not even counting the recent DOGE bullshit? This workforce has been aging out with nobody replacing them, and the remaining folks have to do more and more, pushing more people out to private-sector jobs. Just not sure how useful this data is by itself, except as another indicator of U.S. government in decline