The population is two and half years older now than it was in February of 2020. This matters because the huge baby boom generation is now mostly in its sixties and seventies. It is hardly a secret, even to labor economists, that people who are age 66 and a half are less likely to be working than people who are 64. More

The post The Non-Mystery of a Smaller Labor Force appeared first on CounterPunch.org.

This post was originally published on CounterPunch.org.