LFPR

Fed Up with the Fed Blaming Boomers

Why does the Fed keep claiming Baby Boomers are the main reason for the decline in the labor force? The real reason is because there aren't enough jobs for prime-age workers, and not mostly because older workers are leaving the work force.

Regarding this post: The Economic Outlook and Forward Guidance from the Atlanta Fed: It states, "About half of the fall in participation can be explained by demographic trends— that is, baby boomers choosing to retire."