This,,,, It’s no coincidence that the U.S. l
Post# of 65629
Posted On: 03/07/2016 5:42:14 PM
This,,,,
Came from here: http://fivethirtyeight.com/features/what-baby...s-economy/
The thread began with you claiming that retiring baby boomers were not a major factor, if a factor at all, in labor force participation declines. In other words you needed to politicize the issue rather than look at the actual data and analyses.
fivethirtyeight is a highly regarded site that nailed the '12 election EXACTLY as to electoral votes. You and others would do well to check in from time to time, just for a 'reality check'...that is if reality matters to you!
The other site's numbers are accurate and verifiable, regardless of their pro-life stance. If those numbers are inaccurate, it should be easy for you to find and post the accurate ones.
Good luck in finding evidence that the baby boom generation was NOT the largest population 'bump' of the last 70 years, and that they were NOT in their peak earning years in the 90's, and that their retirements are NOT a major cause of the declining labor force participation.
Quote:
It’s no coincidence that the U.S. labor force participation rate — the share of the adult population that has a job or is trying to find one — hit a record high in the late 1990s, when the boomers were at the peak of their working lives.
It’s been downhill ever since. The participation rate hit a 36-year low last month, and while there are multiple reasons for the decline, the aging of the baby boom generation is a dominant factor. In 2003, 82 percent of boomers were part of the labor force; a decade later, that number has declined to 66 percent, and it will only continue to fall.
Came from here: http://fivethirtyeight.com/features/what-baby...s-economy/
The thread began with you claiming that retiring baby boomers were not a major factor, if a factor at all, in labor force participation declines. In other words you needed to politicize the issue rather than look at the actual data and analyses.
fivethirtyeight is a highly regarded site that nailed the '12 election EXACTLY as to electoral votes. You and others would do well to check in from time to time, just for a 'reality check'...that is if reality matters to you!
The other site's numbers are accurate and verifiable, regardless of their pro-life stance. If those numbers are inaccurate, it should be easy for you to find and post the accurate ones.
Good luck in finding evidence that the baby boom generation was NOT the largest population 'bump' of the last 70 years, and that they were NOT in their peak earning years in the 90's, and that their retirements are NOT a major cause of the declining labor force participation.
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