How are you establishing causation here? Of course, older generations are far more likely to have only high school, if that. It seems likely that older generati

How are you establishing causation here? Of course, older generations are far more likely to have only high school, if that. It seems likely that older generations are less likely to be participating in the workforce. I'm not sure if this data includes beyond retirement age, but certainly early retirees would be included in the participation rate. More interesting would be to narrow our criteria down to ages 25-34 to see how the rise in postsecondary schooling has changed the employment landscape over time. My opinion is that the unemployment rate is on trend[1], and while participation is unfortunately skewed from the 60s to the 90s due to rising of women coming into the workplace, since the 1990s there is little change in participation despite rising rates of postsecondary attainment[2]. If the workplace valued college, shouldn't we see a more obvious change over time corresponding with rising rates of postsecondary attainment? [1] https://fred.stlouisfed.org/series/LNS14000089 https://fred.stlouisfed.org/series/LNS14000089 [2] https://fred.stlouisfed.org/series/LNS12000089 https://fred.stlouisfed.org/series/LNS12000089