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PostPosted: Tue Jul 09, 2013 3:16 pm 
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If they're working more than 40 hours a week, then I wouldn't consider them retired.... And then they'd be considered employed full time.

Not exactly sure what you're asking here.

Since by definition, "retired" is one who has left one's job *and* ceased to work....

Retired but employed is an oxymoron.

The ones "retired but part time" would be considered (as per DLS's methodology section) to be those who are drawing on retirement, but working 1-39 hours per week at some other job.

I assume if there was a case of someone drawing retirement but working 40+ hours per week, they would be considered employed full time.

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PostPosted: Tue Jul 09, 2013 3:21 pm 
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DFK! wrote:
Hopwin wrote:
Well I am just saying if you want to exclude from the workforce everyone who is older than 65 because technically they can retire then you just eliminated every employee of Wal-Mart.


No dispute. Just sarcasm.

And many people "retire" at 62, or 55, or hell, 38, 43, or 48 for non-college government workers.


Hence why I said "depending on retirement age", and gave a range of percentages.

I'd assume there's some balance if you pick, say, 65, where you have those still working after they could retire and those who retired prior to 65 balancing one another out, but I'm not sure.

All of this also depends (as per my previous post) on your definition of "retired".

It all depends on where you place the cutoff, but since the population DLS cites has no upper limit, if you want to mine for any more details, you'd need to apply some general assumptions about average retirement age, and overlay the data with population demographics.

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PostPosted: Tue Jul 09, 2013 3:33 pm 
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This book is relevant to the discussion, and concisely describes many of the issues being raised by various posters.

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PostPosted: Tue Jul 09, 2013 3:53 pm 
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That is one of my favorite books in the world. Evar.

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PostPosted: Tue Jul 09, 2013 5:05 pm 
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It's really fantastic, and should be required reading in high school mathematics. It's short. You can read it in two shits, and the benefits last a lifetime.

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PostPosted: Tue Jul 09, 2013 5:21 pm 
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That gives all new meaning to, "like I give two shits."


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PostPosted: Tue Jul 09, 2013 7:59 pm 
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It is a clever little book. I read it in high school. Mine had a black cover though.

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