Baby boomers retiring not cause of labor force drop
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NC labor force participation rate plummets 5 percent from May 2008 to November 2014, Unemployment rate same, Baby boomers retiring not cause of labor force drop, Lack of jobs causes younger people to remain or return to school
NC labor force participation rate plummets 5 percent from May 2008 to November 2014, Unemployment rate same, Baby boomers retiring not cause of labor force drop, Lack of jobs causes younger people to remain or return to school “For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourthRead More