Current labor participation rate is 62%.

Lower - Current labor participation rate is 62%. This indicates number of people working versus number of people who can work. If I was 20, and I saw people I know not working who can work, I would be riding them harder than Roy Rodgers rode trigger, since I know that my future retirement income depends on everyone working.. The current couch surfers fail to understand government freebies don’t count towards social security, and long term sacrifice for short term gain is stupid. Pain? Try old with no money. Think you beat the system? It beat you, you just haven’t realized it yet. You will, trust me.