More younger people born to replace older

 
 

Labor force participation collapse from younger dropouts not retirees, Zero Hedge nails it, More younger people born to replace older, Labor force should be increasing not decreasing

Labor force participation collapse from younger dropouts not retirees, Zero Hedge nails it, More younger people born to replace older, Labor force should be increasing not decreasing “People 55 to 64 years old, the first forget-about-retirement generation, are staying in the labor force to an ever greater degree. In 1992, only 56.2% were still in the labor force, in 2012, 64.5% were. Similar for older folks. The participation rate for people 65 to 74 years old jumped from 16.3% to 26.8%. Reality is this: fewer people can afford to retire.”…ZeroRead More