Seems like an aging population explains most or all of the post-2000 downturn, no? We're currently at a 20 year high of the 25-54 age group's employment: https:

Seems like an aging population explains most or all of the post-2000 downturn, no? We're currently at a 20 year high of the 25-54 age group's employment: https://fred.stlouisfed.org/series/LNS11300060 https://fred.stlouisfed.org/series/LNS11300060