Hello ScubaHogg,Workforce participation amongst those 55 and over is down quite a bitOne example of this is that I see more people now working past normal retirement age.
https://fred.stlouisfed.org/series/LNS11324230
It’s almost as if hitting a decade plus long bull market during peak accumulation years for recent retirees was a gigantic windfall…
It is just the opposite.
Those that are over 55 that did not have a "gigantic windfall" and have been looking for work are not getting hired and have given up, thus not participating.
Statistics: Posted by rossington — Tue Apr 23, 2024 3:20 am — Replies 34 — Views 2205