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Indeed. Unemployment is at historic lows while workforce participation is headed back toward highs not seen in decades. https://fred.stlouisfed.org/series/LNS1

• jmoak3 4y ago
  To add to your all’s points, here’s the link to the labor force participation rate for all ages: https://fred.stlouisfed.org/series/CIVPART https://fred.stlouisfed.org/series/CIVPART We simply have a larger share of the population that is too old to work, when compared to previous decades. We’re entering a new era: expect more unions, more livable wages, a lessened quality of life on average, and above all - a higher level of inflation than the last 40 years. There will be winners and losers. If you’re a worker you will be fine, but make sure to take care of your parents. Also, be sure to keep your parents from voting to secure access to the value created by your labor. Expect to see tons of measures to freeze property taxes, add price controls, and expand exclusive senior benefits they will kick and scream for to keep their purchasing power high at the expense of anyone capable of having a child.