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re: Labor force participation drops to 62.8%, lowest since Carter administration

Posted on 9/5/14 at 3:59 pm to
Posted by baybeefeetz
Member since Sep 2009
31666 posts
Posted on 9/5/14 at 3:59 pm to
How many are over 60? Aren't we currently experiencing an extreme graying with all tr boomers "retiring"?
Posted by the808bass
The Lou
Member since Oct 2012
111705 posts
Posted on 9/5/14 at 4:04 pm to
quote:

How many are over 60? Aren't we currently experiencing an extreme graying with all tr boomers "retiring"?

Differing opinions on this. But the highest estimate I've seen says that less than half of the drop in labor force participation rates is due to boomers leaving. Given that boomers are actually staying in the workforce longer, I'd guess that it's far less than half the decline in participation rates since 2008.
Posted by Taxing Authority
Houston
Member since Feb 2010
57447 posts
Posted on 9/5/14 at 4:29 pm to
quote:

How many are over 60? Aren't we currently experiencing an extreme graying with all tr boomers "retiring"?


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