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Is this adjusted to account for people who age out of the workforce? Presumably, as baby boomers reach retirement age, more people will exit the workforce than
by heydenberk 12y ago
Is this adjusted to account for people who age out of the workforce? Presumably, as baby boomers reach retirement age, more people will exit the workforce than enter it, even in good times.
EDIT: Yes, this is among working-age people. But still, I'd assume early retirement would increase the numbers as baby boomers get older.
- jbigelow76 12y ago>Presumably, as baby boomers reach retirement age, more people will exit the workforce than enter it, even in good times That maybe offset by boomers working past traditional retirement age as pensions go broke, they live longer meaning nest eggs need to go further, and retirement accounts make up lost ground from the '08 recession.