@MikeFive – Maybe I don’t understand your post but it looks like you are trying to say that 29 Million is about 29% of the total population. If the Total population is 317 Million (as you stated) and I multiply that by 29% I get 91.93 Million or about 92 million.
And the 92 Million out of the work force INCLUDES those who have stopped looking for work that removes them from the unemployment figures. That 6.2% that you cite only includes those that are on the unemployment roles (Going to the unemployment office filing for benefits and asserting that they are actively seeking work).
You might ask yourself “Well if they are out of the workforce then where did they go?” And the simple answer is that they are working in the gray economy i.e. Paid in cash and not paying taxes. Not all of them are a drain on society but they are certainly not contributing either.
I think you will see the unemployment rate drop even further when the long term unemployed can no longer receive benefits. They will stop showing up at the unemployment office and drop off the roles.
But they, too, will have to find income or perish so they will join the gray economy also.