Looks like baby boomers retiring is what's fueled this decline for the last 20 years or so, and the pandemic has forced people to reevaluate their situation. I

Looks like baby boomers retiring is what's fueled this decline for the last 20 years or so, and the pandemic has forced people to reevaluate their situation. I'd be shocked if we got back up to pre-pandemic participation barring a WWII style extreme scenario.