Quote:
Originally Posted by cstreit
you'd see higher labor force participation, but we're not.
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There is a large macro issue with labor force participation related to an aging population.
i.e.
https://www.census.gov/library/stories/2021/06/why-did-labor-force-participation-rate-decline-when-economy-was-good.html
Lots of anecdotal comments here and references to people somehow 'working the system' and not working. I haven't seen hard evidence of that.
Aging population... note big % increase for 55+
and its the 55+ with the biggest drop in participation
data source from
www.bls.gov