Also, Boomers are aging out of the job market - they're either unwilling to work any longer and/or unable to work any longer. This has been known for decades. G

Also, Boomers are aging out of the job market - they're either unwilling to work any longer and/or unable to work any longer. This has been known for decades. Guess what? The day of reckoning has come. As the labor market contracts the cost of labor will rise. This is just basic market economics.