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Thanks for that. Seeing the data broken down by age is really interesting. Young people (16-24) are not participating in the labor force as much as time goes
by getToTheChopin 8y ago
Thanks for that.
Seeing the data broken down by age is really interesting.
Young people (16-24) are not participating in the labor force as much as time goes on. On the other hand, there's a significant increase in participation in the population 65+, moving from ~12% in 1996, to ~22% forecasted in 2026.
Some of that increase would likely be due to better health / ability to work later in life, but a fair chunk would likely be due to people not being able to afford retirement.